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4048 Giles Avenue

St. Louis MO 63116

4
5282 sq. ft.
5601.82 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Exceptional opportunity to acquire a well-maintained 8-unit multifamily asset in the South City submarket of St. Louis. The property consists entirely of eight true 1-bedroom, 1-bathroom units, providing a highly sought-after unit mix that appeals to a broad tenant base and promotes consistent occupancy. Significant capital improvements have recently been completed, creating a strong foundation for future ownership. Two units have undergone extensive renovations and feature central air conditioning, offering immediate rental upside and a proven blueprint for future value-add improvements throughout the remaining units. In May 2026, ownership installed eight brand-new furnaces, ensuring reliable heating systems across the entire property and minimizing near-term maintenance concerns. Additionally, the property's electrical services were upgraded in May 2026, providing enhanced infrastructure and peace of mind for investors. Further enhancing the income potential, the property features an attached four-car garage with dedicated parking spaces. New ownership has the opportunity to generate additional revenue through garage and parking rentals, creating an attractive supplemental income stream beyond apartment rents.

Features

4 carspaces
4 garage spaces
5282 sq. ft. floor area
5601.82 sq. ft. lot size
Multi-Family

Happy sellers in St. Louis

90%
90% of sellers in St. Louis reported that their sale price either exceeded or met their price expectations.

St. Louis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in St. Louis over the last 12 months.

Local market activity for multi families in St. Louis

In the last 12 months, 91 multi families similar to 4048 Giles Avenue, have been sold.

This represents a 28% increase in multi families sales when compared to the previous 12 months.

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