3801 Keokuk Street, Saint Louis, MO 63116
Local realty services provided by:CENTURY 21 Broughton Team
3801 Keokuk Street,St Louis, MO 63116
$4,300,000
- - Beds
- - Baths
- 51,640 sq. ft.
- Multi-family
- Active
Listed by: matt bukhshtaber
Office: cbre
MLS#:25057527
Source:MO_MARIS
Price summary
- Price:$4,300,000
- Price per sq. ft.:$83.27
About this home
There are 4 properties (74 units total) being offered as a package. All are beautiful, historic buildings with timeless brick exteriors located in Dutchtown – a historic & vibrant South City STL neighborhood experiencing significant revitalization. Addresses are:
3801-3811 Keokuk St. - 24 units
3858 Bamberger Ave. – 24 units
3763 Keokuk St. – 2 units
4054-4064 S. Grand Blvd. – 24 units
Summary below:
• Attractive unit mix – Studios, One-Bedroom, & Two-Bedroom floor plans.
• Avg. in-place rents are significantly below market rate – offers immediate upside w/ rent increases.
• Economies of Scale – owning multiple properties w/in close proximity allows for centralized management, shared maintenance resources, & reduced operational expenses.
• Asking Price of $4,300,000 ($58k per unit).
• Projected Year 1 NOI of $346,367 w/ reserves, so 8% cap on proforma year one.
Contact an agent
Home facts
- Year built:1930
- Listing ID #:25057527
- Added:93 day(s) ago
- Updated:December 13, 2025 at 04:37 PM
Rooms and interior
- Living area:51,640 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Year built:1930
- Building area:51,640 sq. ft.
- Lot area:0.96 Acres
Schools
- High school:Roosevelt High
- Middle school:Long Middle Community Ed. Center
- Elementary school:Oak Hill Elem.
Utilities
- Water:Public
Finances and disclosures
- Price:$4,300,000
- Price per sq. ft.:$83.27
- Tax amount:$17,632 (2024)
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