5437 Page Boulevard, Saint Louis, MO 63112
Local realty services provided by:CENTURY 21 Community
5437 Page Boulevard,St Louis, MO 63112
$927,000
- - Beds
- - Baths
- 15,444 sq. ft.
- Multi-family
- Active
Listed by: jordan schoen
Office: invest st. louis
MLS#:26011160
Source:MO_MARIS
Price summary
- Price:$927,000
- Price per sq. ft.:$60.02
About this home
This is a rare opportunity to acquire a 12-unit multifamily property in one of St. Louis’ most desirable rental corridors, ideally located .9 miles from The Loop, 1.4 miles from Forest Park, 1.9 miles from Washington University, and 2.2 miles from Barnes Hospital. The asset consists of 4 three-family buildings featuring spacious 900-square-foot three-bedroom units, totaling 36 bedrooms. Recent capital improvements include updated HVAC systems, electrical and plumbing upgrades, new flooring, appliances, doors, windows, fresh interior paint, and refreshed common areas, with the added benefit of off-street parking for tenants. The property presents a clear value-add opportunity, as current rents remain below market levels. Rental data within a three-mile radius shows average market rents for three-bedroom units at approximately $2,230 per month, with an average of $1.83 per square foot, while Section 8 rents range from $1,570 to $1,670 per month. There is currently one unit vacant, with current rents ranging from $848-$1,100 a month. The property is listed at $77,250 per unit, there are 5 updated multi family sales comparables nearby with an average price per foot of $139, and an average price per unit of $163,178. The one vacant unit needs a unit turnover to be rentable.
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Home facts
- Year built:1908
- Listing ID #:26011160
- Added:1 day(s) ago
- Updated:March 01, 2026 at 04:10 PM
Rooms and interior
- Basement:Yes
- Basement Description:Walk-Out Access
- Living area:15,444 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Flat
- Year built:1908
- Building area:15,444 sq. ft.
- Lot area:0.47 Acres
- Architectural Style:Traditional
- Construction Materials:Brick
- Levels:3 Story
Schools
- High school:Sumner High
- Middle school:Yeatman-Liddell Middle School
- Elementary school:Hamilton Elem. Community Ed.
Utilities
- Water:Public
Finances and disclosures
- Price:$927,000
- Price per sq. ft.:$60.02
- Tax amount:$13,006 (2024)
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