814 N 19th Street, Saint Louis, MO 63106
Local realty services provided by:CENTURY 21 CopperKey Realty
814 N 19th Street,St Louis, MO 63106
$3,400,000
- - Beds
- - Baths
- 77,127 sq. ft.
- Multi-family
- Active
Listed by: garen f lafser, matt millslagle
Office: salient realty group, llc.
MLS#:26050885
Source:MO_MARIS
Price summary
- Price:$3,400,000
- Price per sq. ft.:$44.08
About this home
The Franklin School Apartments, a 75-unit, four-story, 77,127 SF historic conversion — originally built in 1909 as a school designed by prominent architect William Ittner and fully redeveloped in 2006 through a Historic Tax Credit renovation executed by HBD Construction, including all-new plumbing, electrical, HVAC, windows, and much more. The property leased to full occupancy within four months of that delivery, and nearly two decades later its core building systems remain sound, giving a buyer a renovation plan focused on cosmetic updates and lease-up rather than deferred infrastructure risk.
At 66.7% occupancy with a predominantly month-to-month rent roll, the 25 vacant units here allow for a new owner to begin renovating and leasing immediately. Average in-place rents of $618/unit sit $232 below the $850/unit market average across 74 one-bedroom units and one studio, putting substantial upside within reach on nearly the entire building. Historic Tax Credit eligibility at the state and federal level further offsets renovation capital, and two attached grass lots add optionality for future parking or amenity development.
Franklin School Apartments sits in Downtown West, less than one mile from the new NGA West headquarters — the $1.7 billion National Geospatial-Intelligence Agency campus and the largest federal investment in St. Louis history, bringing approximately 3,150 employees directly into the submarket. Just to the south, the new MLS Stadium (Energizer Park) was recently completed for $457 million and is a huge attraction and development catalyst for the neighborhood.
A structurally sound, systems-renovated historic asset at $45,333/unit, a $232/month rent delta with an immediate lease-up runway, tax credit upside, and a location benefiting from the largest federal investment St. Louis has ever seen — Franklin School Apartments delivers outsized value-add potential with minimal execution risk....
Contact an agent
Home facts
- Year built:1909
- Subdivision & Development:Franklin School Resub
- Listing ID #:26050885
- Added:4 day(s) ago
- Updated:September 14, 2026 at 03:59 PM
Rooms and interior
- Kitchen Description:Dishwasher, Microwave
- Living area:77,127 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Year built:1909
- Building area:77,127 sq. ft.
- Lot area:2.66 Acres
- Architectural Style:Historic
- Construction Materials:Brick
- Levels:3 Story
Schools
- High school:Vashon High
- Middle school:Yeatman-Liddell Middle School
- Elementary school:Jefferson Elem.
Finances and disclosures
- Price:$3,400,000
- Price per sq. ft.:$44.08
- Tax amount:$18,697 (2025)
Features and amenities
- Amenities:High Ceilings
Parking
- Parking description:Parking Lot
New listings near 814 N 19th Street
- Coming Soon
$290,000Coming Soon3 beds 2 baths2,099 sq. ft.4324 W Pine Boulevard #A, St Louis, MO 63108
MLS# 26058544Listed by: REAL BROKER LLC - Coming Soon
$180,000Coming Soon1 beds 1 baths858 sq. ft.5614 Nottingham Avenue, St Louis, MO 63109
MLS# 26058948Listed by: REALTY EXECUTIVES OF ST. LOUIS - Coming Soon
$310,000Coming Soon3 beds 1 baths1,352 sq. ft.7075 Pernod Avenue, St Louis, MO 63139
MLS# 26051614Listed by: RE/MAX RESULTS - Coming SoonOpen Sun, 1 to 3pm
$285,000Coming Soon2 beds 1 baths1,193 sq. ft.6437 Pernod Avenue, St Louis, MO 63139
MLS# 26054547Listed by: COLDWELL BANKER REALTY - GUNDAKER - Coming Soon
$425,000Coming Soon-- beds -- baths2,838 sq. ft.4520 Gibson Avenue, St Louis, MO 63110
MLS# 26059019Listed by: GARCIA PROPERTIES - Coming SoonOpen Sun, 1 to 3pm
$787,900Coming Soon5 beds 5 baths3,370 sq. ft.6209 Washington Avenue, St Louis, MO 63130
MLS# 26058945Listed by: GLADYS MANION, INC. - Coming SoonOpen Sat, 2 to 4pm
$369,900Coming Soon2 beds 2 baths1,360 sq. ft.4465 W Pine Boulevard #15, St Louis, MO 63108
MLS# 26058959Listed by: ELEVATE REALTY, LLC - Coming Soon
$214,900Coming Soon1 beds 2 baths2,032 sq. ft.3838 Bingham Avenue, St Louis, MO 63116
MLS# 26058225Listed by: EXP REALTY, LLC - Coming Soon
$324,900Coming Soon2 beds 1 baths1,080 sq. ft.6544 Nashville Avenue, St Louis, MO 63139
MLS# 26058493Listed by: WORTH CLARK REALTY - Coming SoonOpen Thu, 6 to 8pm
$259,900Coming Soon3 beds 2 baths1,159 sq. ft.2830 Hampton Avenue, St Louis, MO 63139
MLS# 26056966Listed by: RE/MAX RESULTS