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$649,000
26045026 MLS ⋅ ACTIVE Status
Welcome to 4560 Flad Ave, a beautifully reimagined 4-unit building in the heart of St. Louis's sought-after Southwest Garden neighborhood. Completely rehabbed in 2022, making it one of the most turnkey multifamily offerings on the market today — ideal for an investor seeking a low-maintenance, cash-flowing asset or an owner-occupant looking to live in one unit while rental income helps cover the mortgage. Every major system in the building has been replaced or upgraded. Plumbing is entirely new, including a new water service line running from the street into the building. Electrical has been almost entirely modernized, with 90% of the original knob-and-tube wiring already removed; the final 10% will be completed and paid for by the seller prior to closing, so the new owner inherits a fully updated electrical system at no additional cost. All units have new hot water tanks, two of the four furnaces have been replaced, and every unit has brand new AC installed in 2022. All four units were rehabbed at the same time and share identical, high-end finishes throughout — so there's no guessing which unit got the "good" upgrades. Each has been completely reconfigured with a modern, open-concept layout, and every kitchen is finished with stainless steel appliances, 42-inch shaker cabinets, custom tile backsplash, and granite countertops — a level of finish rarely found in a building this size. Bathrooms have been fully renovated with new fixtures and finishes throughout, original hardwood floors have been refinished to a like-new shine, and every unit has been freshly painted from top to bottom. One of the best features of this building: no scary basements. Each unit comes with its own stacked in-unit washer and dryer, giving tenants the convenience of in-home laundry without ever having to head downstairs — a major amenity that sets this property apart from typical multifamily buildings in the area. Curb appeal hasn't been overlooked either. The property was just freshly landscaped and now includes a custom automatic watering system, keeping the grounds looking sharp with minimal upkeep for the new owner. One unit is currently vacant, offering flexibility for a new owner to move in and owner-occupy while renting out the remaining three units, or to place a tenant immediately and start generating full rental income from day one. With all major systems, kitchens, baths, flooring, and landscaping already completed — and every unit finished to the same high standard — 4560 Flad Ave is truly turnkey and move-in ready. This is a rare opportunity to own a fully renovated multifamily property in one of St. Louis's most desirable, walkable neighborhoods, just minutes from the Missouri Botanical Garden, Tower Grove Park, and The Hill. Whether you're an investor looking for a hassle-free addition to your portfolio or a buyer ready to owner-occupy, this property checks every box. Schedule your showing today — properties in this condition, in this location, don't last long.

4560 Flad Ave, St Louis
$499,500
26037176 MLS ⋅ ACTIVE Status
Four-family investment opportunity in the highly desirable Southwest Garden neighborhood, just minutes from the Missouri Botanical Garden, Barnes-Jewish Hospital, Washington University Medical School, Forest Park, and Tower Grove Park. This 3,536 sq. ft. building features four true 1-bedroom units, each approximately 775 sq. ft. Two units are currently occupied, with one vacant unit offering an excellent opportunity for an owner-occupant or value-add investor. Each unit includes central heating and cooling, and the basement provides dedicated laundry hookups for each apartment. The building offers multiple paths to increase income. Rents may be raised with existing layouts, and there is potential to convert the units from 1-bedroom to 2-bedroom layouts by creating a front bedroom and opening the kitchen to the living area with a possible island-style layout. Recent rental data supports strong upside. Average 1-bedroom apartment rents are $1,378, based on 23 one-bedroom rentals within the past 6 months in a 1.5-mile radius. Average 2-bedroom rents are $1,578, based on 5 two-bedroom, one-bath rentals within the past 18 months in a 0.5-mile radius. Tenants are long term tenants that have not had a rent increase. Recent sales of four-family properties in nearby have ranged from the mid-$500,000s to $850,000. Major improvements include a 6-year-old TPO roof, mostly replaced vinyl windows, PVC plumbing stacks, drains, and lateral. Additional features include a fenced backyard and rear parking pad. Strong location, functional layouts, existing occupancy, and value-add upside make this a compelling opportunity in one of St. Louis’ most convenient and desirable rental corridors.

4614 Shenandoah Ave, St Louis
$650,000
26021317 MLS ⋅ ACTIVE Status
New Price! Here's your chance to own a quality all-brick four-family in the highly sought after Southwest Garden neighborhood. Close to the Missouri Botanical Gardens, The Hill, Barnes Hospital, WashU Medical School, Forest Park and Tower Grove Park makes for an ideal location. This 4,148 sq ft property has 4 spacious units, with a current vacancy for potential owner/occupant or the perfect "house hacking" opportunity. Building features central heating and cooling throughout, and its high ceilings, refinished hardwood floors and original stain glass windows add to its historic charm. Some newer vinyl windows. Each tenant enjoys dedicated laundry access with washers and dryers provided in the clean, freshly painted basement along with extra storage. Sewer/ lateral lines under basement have been fully replaced. Brand new concrete parking pad with newly replace retaining wall completed in March 2026. New roof 2025. Updated electric. Check out the pictures of each apt and basement.

4626 Shenandoah Ave, St Louis