801-803 Russell Blvd, Saint Louis, MO 63104

Local realty services provided by:CENTURY 21 Bailey & Co.
801-803 Russell Blvd,St Louis, MO 63104
$1,649,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: anthony cova
Office: the cova group
MLS#:26059658
Source:MO_MARIS

Price summary

  • Price:$1,649,900

About this home

Eight units, 100% occupied, in the heart of historic Soulard, available as a single portfolio for $1,649,000. This package combines two classic brick four-family buildings, 801-803 Russell Blvd and 1216-1218 Soulard St, and delivers immediate cash flow from day one. Current contractual rent totals $13,950/month ($167,400/year), producing an annualized NOI of $140,718 and an 8.53% in-place cap rate at just $206,125 per unit. Both buildings have been thoughtfully renovated, with modern kitchens, stainless appliances, updated baths, and in-unit laundry, and the portfolio can be sold furnished for a true turnkey acquisition. Staggered leases, some running into 2028, add stability. Soulard is one of St. Louis' most in-demand rental neighborhoods: steps to Soulard Market, restaurants, and nightlife, and minutes to Busch Stadium, downtown, and major highways. Opportunities to acquire eight renovated, fully leased units in a single transaction here are rare. Schedule your showing today....

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Home facts

  • Year built:1893
  • Subdivision & Development:Soulards Add
  • Listing ID #:26059658
  • Added:1 day(s) ago
  • Updated:September 16, 2026 at 11:33 AM

Heating and cooling

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

Structure and exterior

  • Year built:1893
  • Architectural Style:Traditional
  • Construction Materials:Brick

Schools

  • High school:Roosevelt High
  • Middle school:Fanning Middle Community Ed.
  • Elementary school:Sigel Elem. Comm. Ed. Center

Finances and disclosures

  • Price:$1,649,900
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