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245 Chambers Road, Saint Louis, MO 63137

Saint Louis
Local realty services provided by:CENTURY 21 Broughton Team
245 Chambers Road,Riverview, MO 63137
$2,000,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Coming Soon
Listed by: jessica c vargas
Office: nettwork global
MLS#:26045194
Source:MO_MARIS

Price summary

  • Price:$2,000,000

About this home

Welcome to Chevelle Apartments! Exceptional opportunity to acquire a well-maintained 32-unit apartment community comprised of eight (8) four-family brick buildings on approximately 1.07 acres. The property is currently 28 of 32 units occupied, with ownership actively leasing the remaining vacancies. Based on the current asking price and the reported 2025 Net Operating Income of $165,953, the property offers an approximate 8.3% CAP rate. Units rent for $850/month. The complex consists of spacious 2-bedroom, 1-bath units, with the majority featuring beautiful hardwood floors or luxury vinyl plank flooring. Plumbing has been updated, and the owner has continually invested in the property's mechanical systems over the years, resulting in a well-maintained asset with strong long-term ownership. Residents enjoy coin-operated laundry facilities conveniently located on-site, as well as an on-site management office with a restroom located in the lower level of one of the buildings. The...

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Home facts

  • Year built:1965
  • Subdivision & Development:Riverview Gardens
  • Listing ID #:26045194
  • Updated:July 31, 2026 at 03:33 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Full, Storage Space, Unfinished

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Forced Air, Natural Gas
  • Central air:Yes

Structure and exterior

  • Year built:1965
  • Lot Features:Corner Lot
  • Architectural Style:Apartment Style, Low/1-2, Traditional
  • Construction Materials:Brick
  • Levels:2 Story

Schools

  • High school:Riverview Gardens Sr. High
  • Middle school:R. G. Central Middle
  • Elementary school:Glasgow Elem.

Utilities

  • Water:Public

Finances and disclosures

  • Price:$2,000,000
  • Tax amount:$29,292 (2025)

Features and amenities

  • Amenities:Pantry

Parking

  • Total parking spaces:40
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