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Hot
Street View
$475,000
Monthly Est:$2,364
-- Bed
-- Bath
5,282sqft
4048 Giles Ave, St Louis, MO 63116
$475,000
$2,364/moEst:
Get Pre-Approved
Multi Family
Built in 1928
$-- HOA
5,601.82 sqft lot
$90/sq.ft
Description
Exceptional opportunity to acquire a well-maintained 8-unit multifamily asset in the South City submarket of St. Louis. The property consists entirely of eight true 1-bedroom, 1-bathroom units, providing a highly sought-after unit mix that appeals to a broad tenant base and promotes consistent occupancy.
Significant capital improvements have recently been completed, creating a strong foundation for future ownership. Two units have undergone extensive renovations and feature central air conditioning, offering immediate rental upside and a proven blueprint for future value-add improvements throughout the remaining units. In May 2026, ownership installed eight brand-new furnaces, ensuring reliable heating systems across the entire property and minimizing near-term maintenance concerns. Additionally, the property's electrical services were upgraded in May 2026, providing enhanced infrastructure and peace of mind for investors.
Further enhancing the income potential, the property features an attached four-car garage with dedicated parking spaces. New ownership has the opportunity to generate additional revenue through garage and parking rentals, creating an attractive supplemental income stream beyond apartment rents.
- Houzeo last checked: 2 hours ago
- Listing updated: October 15, 2026 at 12:57 am
- Listing Provided by: Tyler Schwartz (636) 633-9432 , Christopher Tucker | Realty Exchange (314) 647-2220
- Source: MARIS MLS-MO | MLS#: MIS26036804
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1928
HOA Fees
-
Finished Area
5,282 sqft
Lot Size
5,601.82 sqft lot
Basement Area
- sqft
MLS Name
MARIS MLS
MLS Number
MIS26036804
MLS Status
Active
Days on Market
133
Cumulative Days on Market
119
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Cooling
Ceiling Fan(s), Central Air, Wall/window Unit(s)
Heating
Forced Air
Construction
Year Built
Year Built: 1928
Home type
Multi Family
Architectural Style
Apartment Style
Construction Materials
Brick Veneer
Utilities & Energy
Basement
Concrete
Water Source
Public
Other Features
Disclosures
Flood Plain No, Lead Paint, See Seller's Disclosure
Subdivision Name
Grand Blvd Park Add
Price History
| Date | Event | Price |
|---|---|---|
08/13/2026 Source: | Price Decreased | $499,900 -4.78% $95/sqft |
07/15/2026 Source: | Price Decreased | $525,000 -4.55% $99/sqft |
06/17/2026 Source: | Price Increased | $550,000 +15.79% $104/sqft |
06/17/2026 Source: | Price Decreased | $475,000 -9.52% $90/sqft |
06/17/2026 Source: | Listed for Sale | $525,000 $99/sqft |
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