St Louis, MO 63116 4223 Ellenwood Avenue
$1,375,000
6 more
Presented By: NextDoor Realty LLC
Beds • 1
SQFT • 19,648
Home Details
Here is an opportunity to own a newly renovated solid brick building with long-term tenants. 16 1 Bedroom, 1 Bath units in 2 buildings. Sale includes 4219-21 Ellenwood (8 units) and 4223-25 Ellenwood (8 units). About 3/4th of the units are renovated and updated with newer bathrooms, kitchens, appliances etc. leaving some room for further renovations and upside. Units have hardwood floors, central heating and cooling, updated kitchens and baths. Property enjoys long-term happy tenants, steady and reliable cash flow with some leases going into 2027. Solid investment in a great rental area with upside potential. The property is conveniently located and walking distance from historic Bevo mill, bus stops, Southtown Centre, several restaurants, and establishments. Property is attractively priced at 8.5% CAP rate.
Presented By: NextDoor Realty LLC
Interior Features for 4223 Ellenwood Avenue
Bedrooms
Total Bedrooms
Bathrooms
Half Baths
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area19648
Above Grade Finished Area SourceAssessor
BasementConcrete
Basement (Y/N)Yes
Below Grade Finished Area0
Below Grade Finished Area SourceAssessor
Fireplace Y/NNo
FlooringCeramic Tile, Hardwood, Luxury Vinyl
Interior AmenitiesCeiling Fan(s), Dining/Living Room Combo
Laundry FeaturesLaundry Room
Total Fireplaces
General for 4223 Ellenwood Avenue
AppliancesElectric Range, Gas Range, Refrigerator
Architectural StyleApartment Style
Attached Garage No
Carport Y/NNo
CitySt Louis
Community FeaturesSidewalks
Construction MaterialsBrick
CoolingCentral Air
CountySt Louis City
DisclosuresOccupancy Permit Required
ElectricAmeren
Elementary SchoolBuder Elem.
Full Baths
Garage Y/NNo
Gross Income149435
HOANo
HeatingForced Air
High SchoolRoosevelt High
High School DistrictSt. Louis City
Lease Considered Y/NNo
Lease TypeGross
Legal DescriptionC B 5465 ELLENWOOD 47 FT X 124.45 FT GRAVOIS-MORGANFORD RD ADDN LOTS E-82 & W-83
LevelsTwo
Lot Size Square Feet11761.2
MLS Area3 - South City
Middle/Junior High SchoolFanning Middle Community Ed.
Net Operating Income116282.29
New ConstructionNo
Number Of Units Total16
Property ConditionUpdated/Remodeled
Property Subtype5 Family or More
Property TypeResidential Income
RoofFlat
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
Standard StatusActive
StatusActive
Structure TypeApartment Building
Subdivision NameGravois Morganford Road Add
Tax Annual Amount6167
Tax Year2024
TownshipSt. Louis City
UtilitiesCable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Year Built1927
Exterior for 4223 Ellenwood Avenue
Door FeaturesPanel Door(s)
Exterior AmenitiesCourtyard, Lighting
FencingChain Link
Foundation DetailsConcrete Perimeter
InclusionsBuilding
Lot FeaturesCity Lot, Level
Lot Size Acres0.27
Lot Size SourceOther
Number of Buildings2
Parking FeaturesOff Street
Road Frontage TypeCity Street
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Buder Elem.
Middle School
Fanning Middle Community Ed.
High School
Roosevelt High
Craig Ziegel
Realtor
