Address Withheld By Seller, Saint Louis, MO 63104
Local realty services provided by:CENTURY 21 Broughton Team
Address Withheld By Seller,St Louis, MO 63104
$752,500
- - Beds
- - Baths
- 7,056 sq. ft.
- Multi-family
- Active
Listed by: anthony klier
Office: the agency
MLS#:26028452
Source:MO_MARIS
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Price summary
- Price:$752,500
- Price per sq. ft.:$106.65
About this home
2417-23 Menard Street is a rare opportunity to own a fully occupied, all-brick historic six-family in the heart of Soulard — one of St. Louis' most walkable and highest-demand rental neighborhoods. Freshly repriced to $752,500, the building offers an in-place cap rate of roughly 7.26% with a proforma stabilized cap rate north of 10.3%.
The unit mix features five 1-bedroom units and one oversized 3-bedroom / 2-bath, together generating $7,044/month ($84,528 annually) in in-place rent, with additional upside through lease rollovers and value-add execution. Current rents: 2419 ($1,060), 2419-A ($980), 2421 ($1,200), 2421-A ($910), 2423 ($1,120), and 2423-A ($1,774).
Inside you'll find hardwood floors, exposed brick, soaring ceilings, updated interiors, and in-unit laundry in select units. Recent capital improvements include a new roof (2020) and new concrete patio (2022). The massive gated rear yard opens the door to off-street parking or additional outdoor amenities, and a large unfinished attic creates a clear value-add path: convert one of the existing 1BR/1BA units into a 3BR/2BA by expanding into the attic, with projected market rent of approximately $2,250/month upon completion.
Seller is motivated to make a deal — and strongly prefers to sell alongside the adjacent lot at 2417 Menard Street. Both are available to package together, offering a buyer added flexibility for parking, expansion, or future development on a single contiguous footprint.
Located less than half a mile from Anheuser-Busch and minutes from Downtown St. Louis, tenants enjoy walking-distance access to Soulard's bars, restaurants, coffee shops, and the historic Soulard Farmers Market — one of the most desirable rental locations in the city.
Property is currently fully occupied. Call the listing agent to schedule a showing; preapproval or proof of funds required. Ask the listing agent for additional photos, rent roll, expenses, and system ages....
Contact an agent
Home facts
- Year built:1880
- Listing ID #:26028452
- Added:77 day(s) ago
- Updated:July 24, 2026 at 07:09 PM
Rooms and interior
- Living area:7,056 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Forced Air, Natural Gas
- Central air:Yes
Structure and exterior
- Year built:1880
- Building area:7,056 sq. ft.
- Lot area:0.16 Acres
- Architectural Style:Mid-Rise 3or4 Story
- Construction Materials:Brick
Schools
- High school:Roosevelt High
- Middle school:Long Middle Community Ed. Center
- Elementary school:Sigel Elem. Comm. Ed. Center
Utilities
- Water:Public
Finances and disclosures
- Price:$752,500
- Price per sq. ft.:$106.65
- Tax amount:$5,255 (2025)
Parking
- Parking description:On Street
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