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11542 Concord Village Avenue, Saint Louis, MO 63128

Saint Louis
Local realty services provided by:CENTURY 21 Premiere Realty
11542 Concord Village Avenue,St Louis, MO 63128
$5,900,000
  • - Beds
  • - Baths
  • 36,537 sq. ft.
  • Multi-family
  • Active
Listed by: matt bukhshtaber, kenin halilovic
Office: cbre
MLS#:25068193
Source:MO_MARIS

Price summary

  • Price:$5,900,000
  • Price per sq. ft.:$161.48

About this home

Concord Place is a 50-unit property that is positioned for immediate rent growth with below-market rents and strong local demographics, allowing new ownership to implement a value-add strategy and push rents through targeted renovations. • Built in 1966, Renovated in 2017-2018 (new roofs in 2022) • 5 Buildings, 50 total units across 2.09 acres • Mix of 1- and 2- bedroom units (60% two-bedrooms) • Avg. in-place rent: $960/ unit (below market rents of $1,094 for 1BR and $1,355 for 2BR) • 96% occupancy with strong in-place cash flow • Recent capex expenditures over 500,000, including new roofs, interior upgrades, and exterior improvements • Value-add potential through interior updates and adding washers/ dryers in units (currently only 2 units equipped) • Prime location near Lindbergh Blvd, Tesson Ferry Rd, and I-270 with nearby developments like Tesson Ridge and new retail (including Chick-fil-a) • Asking price is $6,500,000 ($130,000 per unit)

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Home facts

  • Year built:1966
  • Listing ID #:25068193
  • Added:160 day(s) ago
  • Updated:March 16, 2026 at 02:53 PM

Rooms and interior

  • Kitchen Description:Microwave, Refrigerator
  • Basement:Yes
  • Basement Description:Concrete, Unfinished, Walk-Out Access
  • Living area:36,537 sq. ft.

Heating and cooling

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

Structure and exterior

  • Year built:1966
  • Building area:36,537 sq. ft.
  • Lot area:2.09 Acres
  • Architectural Style:Apartment Style
  • Construction Materials:Brick
  • Foundation Description:Concrete
  • Levels:2 Story

Schools

  • High school:Lindbergh Sr. High
  • Middle school:Robert H. Sperreng Middle
  • Elementary school:Long Elem.

Utilities

  • Water:Public

Finances and disclosures

  • Price:$5,900,000
  • Price per sq. ft.:$161.48
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