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(636) 260-2853
Coldwell Banker
6225 Gravois, St Louis, MO 63116
- $499,000
- Sold Price
- $499,000
- List Price
- $499,000
- Closing Date
- Dec 05, 2025
- Days on Market
- 38
- MLS#
- 25071783
- Status
- CLOSED
- Year Built
- 1913
- Subdivision
- Holly Hills
- Municipality
- St. Louis City
- County
- St Louis City
- Listing Type
- Multifamily
Property Description
EXCEPTIONAL CASH FLOW OPPORTUNITY - 6227 Gravois Avenue Fully-stabilized 6-unit mixed-use investment delivering PROVEN performance: $52,380 annual NOI with an exceptional 74.5% margin. Thats REAL trailing 12-month data, not projections. RETURNS: 10.49% Cap Rate | 18% Cash-on-Cash with financing OCCUPANCY: 100% - All units leased with stable tenants INCOME MIX: 3 commercial ($3,010/mo) + 3 residential ($2,975/mo) + storage ($200/mo) BUILDING FEATURES: All-brick construction | Forced heat/central air throughout | Granite counters | Soft-close maple cabinets | Updated bathrooms | Individual utility metering LOCATION: High-traffic Gravois corridor (15,000+ daily vehicles) | Minutes to I-55/I-44 | 10-15 min to downtown VALUE-ADD UPSIDE: Rents $100-200/month below market | Zero immediate CapEx needed | Professional management in place IDEAL FOR: Value investors seeking immediate cash flow | 1031 exchange | Portfolio expansion Turnkey operation - own from day one with zero rehab required.
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Additional Information
- School District
- St. Louis City
- Elementary School
- Buder Elem.
- Jr. High School
- Blewett Middle
- Sr. High School
- Roosevelt High
- Parking Description
- On Street
- Cooling
- Central Air
- Heating
- Forced Air
- Water
- Public
- Selling Terms
- 1031 Exchange, Cash, Contract, Conventional
Mortgage Calculator
Listing courtesy of EXP Realty, LLC. Selling Office: Real Broker LLC.
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified
