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4260 Michigan Ave

St. Louis MO 63111

5100.88 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

4260–62 Michigan Avenue is a fully leased six-unit brick apartment building located in South St. Louis. Situated along a quiet residential corridor, the property offers investors a stabilized asset in an established neighborhood supported by strong rental demand and historically low tenant turnover. The building also carries a secondary address of 3119 Chariton Street. The property consists of six one-bedroom, one-bathroom units, which feature efficient floor plans, hardwood flooring, and an abundance of natural light. Significant capital improvements include new TPO roofing installed in 2022 with a 20-year warranty, positioning the asset for minimal near-term maintenance and capital expenditures. The property is situated near major thoroughfares including South Grand Boulevard, I-55, and I-44, allowing for efficient travel to Downtown St. Louis, regional employment centers, and surrounding neighborhoods. Public transportation is readily accessible, with nearby bus routes providing additional commuting options.

Features

5100.88 sq. ft. lot size
Multi-Family

Property history for 4260 Michigan Ave

2023
Sold
Undisclosed
04 Apr 2023 by Lynne Hart, of Real Broker LLC
2021
Sold
Undisclosed
10 May 2021 by Lisa Dzafic, of Berkshire Hathaway Alliance
2020
Sold
Undisclosed
08 Sep 2020 by Daniel Stroup, of The Hermann London Group LLC

Happy sellers in St. Louis

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We have insufficient information to provide an overview of customer satisfaction for St. Louis. Viewing the agent profiles, reviews and sales for St. Louis can provide insights for this location.

Local market activity for multi families in St. Louis

In the last 12 months, 58 multi families similar to 4260 Michigan Ave, have been sold.

This represents a 37% increase in multi families sales when compared to the previous 12 months.

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