1019 Allen Avenue, Saint Louis, MO 63104
Local realty services provided by:CENTURY 21 Broughton Team
1019 Allen Avenue,St Louis, MO 63104
$1,882,400
- - Beds
- - Baths
- 7,680 sq. ft.
- Multi-family
- Active
Listed by: anthony klier
Office: the agency
MLS#:26046044
Source:MO_MARIS
Price summary
- Price:$1,882,400
- Price per sq. ft.:$245.1
About this home
The Allen Avenue Furnished Lofts - ten fully furnished, individually renovated residences in one landmark 1901 red-brick building on a single parcel carrying three classic Soulard addresses (1019, 1021, and 1023 Allen). 100% occupied. Priced at a 7.25% cap rate on ACTUAL trailing performance: $193,732 total revenue against $57,254 of actual operating expenses for $136,478 NOI. Every unit has its own floor plan, in-unit laundry, full kitchen, smart TV, queen beds, electronic locks, and owner-paid high-speed internet. Unit mix: three 1BR/1BA, three 1BR/1.5BA, two 2BR/2.5BA townhome-style lofts, and two studios. Three ways to operate - long-term, mid-term furnished (30+ day traveling-nurse and corporate stays), or short-term, or a hybrid of all three. One tenant has operated their unit as a successful Airbnb since February 2023. Soulard has no hotel inventory, and SSM Health SLU Hospital, Cardinal Glennon Children's, and the Barnes-Jewish / Washington University medical campus are minutes away. Turnkey, management-light cash flow in St. Louis's oldest and most walkable neighborhood, where product like this rarely trades. Offering memorandum, current rent roll, and seller operating statements available to qualified buyers. Buyer to verify all figures, square footage, and short-term-rental permitting....
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Home facts
- Year built:1901
- Subdivision & Development:Allens/Russell
- Listing ID #:26046044
- Added:63 day(s) ago
- Updated:October 09, 2026 at 03:52 PM
Rooms and interior
- Living area:7,680 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric, Gas
- Heating:Forced Air, Natural Gas
- Central air:Yes
Structure and exterior
- Year built:1901
- Building area:7,680 sq. ft.
- Lot area:0.09 Acres
- Architectural Style:Historic
- Construction Materials:Brick, Brick Veneer
Schools
- High school:Roosevelt High
- Middle school:Fanning Middle Community Ed.
- Elementary school:Sigel Elem. Comm. Ed. Center
Utilities
- Water:Public
Finances and disclosures
- Price:$1,882,400
- Price per sq. ft.:$245.1
- Tax amount:$6,092 (2022)
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