St Louis, MO 63116 3862 S Spring Avenue
$1,250,000
9 more
Presented By: Salient Realty Group, LLC
Beds • 3
SQFT • 15,312
Garage • 12
Home Details
Salient Realty Group is pleased to present 3862 S Spring Avenue, an 18-unit apartment complex located in South City. The property consists of twelve, 1 bed/1 bath and six, 2 bed/1 bath units. The property also has 12 garages and a large side lot that is included in the sale. It is positioned near major local employers and the Grand Boulevard corridor. The heavy-duty masonry construction and traditional St. Louis architecture provide a durable foundation for predictable maintenance. This neighborhood is known for its historic architecture and steady demand for rental housing. This asset represents a straightforward opportunity to enter or expand within the South City market.
Presented By: Salient Realty Group, LLC
Interior Features for 3862 S Spring Avenue
Bedrooms
Total Bedrooms
Bathrooms
Half Baths
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area15312
Above Grade Finished Area SourceAssessor
BasementConcrete
Basement (Y/N)Yes
Fireplace Y/NNo
FlooringVinyl, Wood
Laundry FeaturesIn Basement, Electric Dryer Hookup, Washer Hookup
General for 3862 S Spring Avenue
AppliancesElectric Cooktop, Built-In Electric Oven, Refrigerator
Architectural StyleApartment Style
Attached Garage Yes
Carport Y/NNo
CitySt Louis
Community FeaturesSidewalks
Construction MaterialsBrick
CoolingWindow Unit(s)
CountySt Louis City
DirectionsGPS is best!
DisclosuresFlood Plain No, Unknown
ElectricAmeren
Elementary SchoolFroebel Elem.
Full Baths
Garage Spaces12
Garage Y/NYes
Gross Income173237
HOANo
HeatingBaseboard
High SchoolRoosevelt High
High School DistrictSt. Louis City
Lease Considered Y/NYes
Lease TypeGross
Legal DescriptionCB 4178E KEOKUK ST 140 FT X 155 FT 3 IN GRAND GRAVOIS PARK ADDN LOT 6 7 & 8
LevelsThree Or More
Lot Size Square Feet21736.44
MLS Area3 - South City
Middle/Junior High SchoolFanning Middle Community Ed.
Net Operating Income110328
New ConstructionNo
Number Of Units Total18
Other StructuresGarage(s)
PossessionClose Of Escrow
Property Subtype5 Family or More
Property TypeResidential Income
RoofMembrane
Senior Community Y/NNo
Standard StatusActive
StatusActive
Structure TypeApartment Building
Subdivision NameGrand Gravois Park Add
Tax Annual Amount9681.11
Tax Year2025
TownshipSt. Louis City
UtilitiesElectricity Connected, Sewer Connected, Water Connected
Year Built1931
Exterior for 3862 S Spring Avenue
Foundation DetailsStone
Lot FeaturesCity Lot
Lot Size Acres0.499
Lot Size SourcePublic Records
Number of Buildings1
Parking FeaturesGarage, Garage Faces Rear, On Street
Road Frontage TypeCity Street
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Fanning Middle Community Ed.
Elementary School
Froebel Elem.
High School
Roosevelt High
Craig Ziegel
Realtor
