8440 North Broadway

St. Louis MO 63147

9632 sq. ft.

24254 sq. ft.

Multi-Family

Julie Carter, last sold this property on 10 March 2026 after 301 days on market.

Overview

Price dropped for a quick, as-is 2025 closing! This is a turnkey, 100% occupied complex with value-add opportunity. All 18 units in 2 turnkey buildings are occupied & generating excellent cashflow - 2024 NOI was $100,000+++. Plus, there is an opportunity to make this 18-unit into a 24-unit if desired! The (4) 4-bed / 2 ba units could easily be reconverted back into 8 units, plus 2 units could be recreated in the lower level to make 24 units, as originally designed. Gated complex w/ parking. New roofs on both buildings. New sewer lateral line. Units have already been renovated but could be made even nicer for higher rents. There was a small fire a couple years ago that affected 2 units; both have been fully remedied and renovated, with proper permits. Contractor bids for ~ $450,000 to convert back to 24-units, add storage lockers & 2 coin laundry rooms (in each building's lower level) to increase cashflow, completely remodel all units, and update some mechanicals. All of that could be deferred or entirely skipped. The options are endless. Slam dunk on cashflow. Owner selling due to living out of state. Landlord pays trash, water & sewer. Tenants pay power. Offers should include: 1. Closing in 2025 2. Upfront $3,000 nonrefundable earnest money and additional $7,000 nonrefundable earnest money after satisfied Inspection Period 3. $700,000+ purchase price

Features

9632 sq. ft. floor area

24254 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in St. Louis over the last 12 months, the estimated median property value of 8440 North Broadway is $0.

Median value

Estimated value range

$0 - $0

Median days on market

101

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in St. Louis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 8440 North Broadway

2026

Sold

Undisclosed

10 Mar 2026 by Julie Carter, of Worth Clark Realty

Happy sellers in St. Louis

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.