2328 S 9th Street

St Louis, MO 63104

About this property

Turn-key 6-family in the heart of Soulard, just steps from Mardi Gras, the Soulard Farmers Market, and some of the city's best bars and restaurants. It's the kind of location that keeps rental demand strong year-round. Each unit is a true one-bedroom with a separate living room, kitchen, private bedroom, and full bath-a layout that's consistently easy to rent. The building was renovated in the early '90s and has been well cared for by a long-term owner, with professional management and solid maintenance over the years as well as lots of major system updates (new roof installed in 2023). Tenants also love the off-street parking and convenient coin operated laundry in the basement. If you're looking for your next investment, this one checks a lot of boxes. It's already performing well, but there's still room to add value. A few straightforward cosmetic updates-think flooring, lighting, and fresh paint-could support higher rents and stronger cash flow without taking on a major renovation. Opportunities like this don't come around often: a well-maintained building in one of St. Louis' most desirable neighborhoods with stable income today and plenty of upside for tomorrow. Skip getting lost in the Zillow shuffle-reach out to me--the listing agent--for more details or to schedule a private tour.

About this property

Turn-key 6-family in the heart of Soulard, just steps from Mardi Gras, the Soulard Farmers Market, and some of the city's best bars and restaurants. It's the kind of location that keeps rental demand strong year-round. Each unit is a true one-bedroom with a separate living room, kitchen, private bedroom, and full bath-a layout that's consistently easy to rent. The building was renovated in the early '90s and has been well cared for by a long-term owner, with professional management and solid maintenance over the years as well as lots of major system updates (new roof installed in 2023). Tenants also love the off-street parking and convenient coin operated laundry in the basement. If you're looking for your next investment, this one checks a lot of boxes. It's already performing well, but there's still room to add value. A few straightforward cosmetic updates-think flooring, lighting, and fresh paint-could support higher rents and stronger cash flow without taking on a major renovation. Opportunities like this don't come around often: a well-maintained building in one of St. Louis' most desirable neighborhoods with stable income today and plenty of upside for tomorrow. Skip getting lost in the Zillow shuffle-reach out to me--the listing agent--for more details or to schedule a private tour.

Features and Additional Information

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$575,000 Pending
5,742 sqft

Presented By Iron Gate Real Estate

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Brokerage
Garcia Properties
1-314-353-0336
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Area Information

Central East | St Louis City County | Soulard

$ 575,000
This listing is play_arrow 4.5% higher than the average in the area
$ 550,000 in the area
5,742 SqFt
This listing is play_arrow 67.6% larger than the average in the area
3,426 SqFt in the area
$ 100 $/SqFt
This listing is play_arrow 37.6% less than the average in the area
$ 161 $/SqFt in the area
109 days on site
This listing is play_arrow 51.4% above the average in the area
72 days on site in the area

Schools in the Area

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    Elementary School
    Shenandoah Elem.
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    Middle School
    Fanning Middle Community Ed.
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    High School
    Roosevelt High
Listed By Jenifer Garcia
Brokerage: Garcia Properties

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