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4 Bruce Drive, Florissant, MO 63031

Florissant
Local realty services provided by:CENTURY 21 Broughton Team
4 Bruce Drive,Florissant, MO 63031
$2,375,000
  • - Beds
  • - Baths
  • 8,379 sq. ft.
  • Multi-family
  • Active
Listed by: jordan schoen
Office: invest st. louis
MLS#:26013512
Source:MO_MARIS

Price summary

  • Price:$2,375,000
  • Price per sq. ft.:$283.45

About this home

This offering presents a 32-unit multifamily investment opportunity in Florissant, Missouri, consisting of four eight-family buildings located at 4–16 Bruce Drive. Built in the 1960s, the property features one-bedroom units and is part of a larger seven-building apartment community that has undergone extensive renovations between 2023 and 2026 totaling more than $2.2 million in capital improvements. Updates include electrical system upgrades, central air installation, and modernization of building infrastructure. The property is currently 87.5% occupied and in lease-up, with rents positioned below market levels, creating a clear value-add opportunity as leases renew and units stabilize. Select units have been intentionally left vacant to accommodate showings. Market data indicates average rents of approximately $942 for comparable one-bedroom units within a three-mile radius, while nearby two-bedroom units average about $1,050 within one mile. Investors may acquire the 32-unit...

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Home facts

  • Year built:1963
  • Listing ID #:26013512
  • Added:46 day(s) ago
  • Updated:May 02, 2026 at 02:51 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Cellar
  • Living area:8,379 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1963
  • Building area:8,379 sq. ft.
  • Lot area:1.48 Acres
  • Architectural Style:Traditional
  • Construction Materials:Brick

Schools

  • High school:Hazelwood West High
  • Middle school:Northwest Middle
  • Elementary school:Mcnair Elem.

Finances and disclosures

  • Price:$2,375,000
  • Price per sq. ft.:$283.45
  • Tax amount:$20,168 (2025)
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