Rock Island Realty

Historic

4615 Virginia Avenue

St Louis, MO 63111

MLS#: 26041459

$775,000

Status: Active
Listing number: 26041459
Listing provided by: Mogul Realty
Listing agent phone: None
Last update: 12 hours ago
New on site 1 day ago
Browse Properties
Louisiana Heights Add - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1963

Sq.Footage

5,800

Turnkey 8-family investment opportunity! This fully renovated apartment building offers immediate cash flow with the major capital improvements already completed, allowing a new owner to focus on maximizing returns instead of costly renovations. The property features four 1-bedroom units and four 2-bedroom units with extensive renovations completed throughout 2023-2025. Every apartment has been updated with modern finishes including new flooring, fresh paint, updated kitchens with new countertops, sinks, faucets and appliances, renovated bathrooms, new lighting, doors, trim, blinds, and updated electrical devices. Major mechanical improvements include new through-wall A/C units and seven new furnaces, providing long-term reliability and reduced maintenance. The common areas have also been completely refreshed with new carpet, LVP flooring, stair treads, updated lighting, professionally restored railings, cleaned basement, tenant storage areas, washer/dryer hookups, and an owner storage room. Exterior improvements include a newer roof (2022), exterior lighting, landscaping improvements, and off-street parking for approximately five vehicles. Current annual gross rental income is approximately $80,880 with professional property management already in place. Operating expenses are well documented, making underwriting simple for investors. This is an ideal acquisition for buyers seeking a stabilized, low-maintenance multifamily asset with significant recent capital improvements and long-term appreciation potential. The property is fully occupied so showings are with an accepted contract.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    8700.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Wall Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Asphalt, Parking Pad

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Level

  • Lot Size(acres)

    0.1338

  • Lot Size(square feet)

    5828.33

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Historic

Price

  • Sales Price

    $775,000

  • Tax Amount

    $4,103

  • Sq. Footage

    5, 800

  • Price/SqFt

    $133

HOA

  • Association

    No

School District

  • Elementary School

    Woodward Elem.

  • Middle School

    Long Middle Community Ed. Center

  • High School

    Roosevelt High

Property Features

  • New Construction

    NO

  • Foundation Details

    Concrete Perimeter

  • Ownership

    Private

  • Senior Community YN

    NO

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

St Louis City

Elementary School

Woodward Elem.

Middle School

Long Middle Community Ed. Center

High School

Roosevelt High

Listing Courtesy of Brian Miller , Mogul Realty

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Erica Holtschneider

Agent / Realtor®

Erica Holtschneider

Call Erica today to schedule a private showing.

(573) 286-8065

erica@homeatthelake.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Turnkey 8-family investment opportunity! This fully renovated apartment building offers immediate cash flow with the major capital improvements already completed, allowing a new owner to focus on maximizing returns instead of costly renovations. The property features four 1-bedroom units and four 2-bedroom units with extensive renovations completed throughout 2023-2025. Every apartment has been updated with modern finishes including new flooring, fresh paint, updated kitchens with new countertops, sinks, faucets and appliances, renovated bathrooms, new lighting, doors, trim, blinds, and updated electrical devices. Major mechanical improvements include new through-wall A/C units and seven new furnaces, providing long-term reliability and reduced maintenance. The common areas have also been completely refreshed with new carpet, LVP flooring, stair treads, updated lighting, professionally restored railings, cleaned basement, tenant storage areas, washer/dryer hookups, and an owner storage room. Exterior improvements include a newer roof (2022), exterior lighting, landscaping improvements, and off-street parking for approximately five vehicles. Current annual gross rental income is approximately $80,880 with professional property management already in place. Operating expenses are well documented, making underwriting simple for investors. This is an ideal acquisition for buyers seeking a stabilized, low-maintenance multifamily asset with significant recent capital improvements and long-term appreciation potential. The property is fully occupied so showings are with an accepted contract.

4615 Virginia Avenue

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Colleen Brown via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

Well-maintained multifamily opportunity in the highly desirable Gate District neighborhood! 3008–3010 Henrietta Street is a classic brick property offering a mix of spacious 2- and 3-bedroom units designed to appeal to a broad tenant base. Units feature a blend of hardwood and luxury vinyl plank flooring, abundant natural light, and ample in-unit storage, with select apartments updated to include modern kitchens and bathrooms. Recent capital improvements provide peace of mind for investors, including a new roof (2021), tuckpointing (2022 & 2024), and major mechanical upgrades (2024–2025) including new HVAC systems and water heaters. Additional amenities include basement storage and on-site laundry. Ideally located near Lafayette Square and Cherokee Street, residents enjoy easy access to popular dining, retail, and entertainment, as well as close proximity to SLU Medical Center, downtown St. Louis, and major transportation corridors. Strong in-place fundamentals make this a compelling investment opportunity!
#26041619

St Louis

3008 Henrietta Street

None Beds

None Baths

4,950 Sq.Ft.

$650,000

MLS#: 26041619

Introducing 5931 Maple Ave, Saint Louis, MO, a prime investment opportunity in the multifamily/high-rise sector. This 7,300 SF building, constructed in 1917 and thoughtfully renovated in 2024, boasts six units and sits within the B zone. With a sterling track record of 100% occupancy, this property presents a solid foundation for immediate and sustained returns. Whether you're seeking a strategic addition to your portfolio or an opportunity to realize untapped value, this property offers a compelling proposition. Don't miss the chance to explore the potential within this impressive asset. This property can be sold individually or sold together with 3331-3335 South Jefferson Ave, Saint Louis MO 63118
#26038266

St Louis

5931 Maple Avenue

None Beds

None Baths

6,450 Sq.Ft.

$900,000

MLS#: 26038266

This turn-key, fully furnished, investment offers a rare opportunity to acquire a fully stabilized, high-yield hospitality (airbnb) asset in one of the city's most sought after areas to live, work and play, located just south of the Central West End, North of "The Grove" and blocks from St. Louis Science Center. The property was recently rehabbed featuring four separate units meticulously designed with high-end finishes, including granite countertops, custom cabinetry, stainless steel appliances, tile and spa-inspired bathrooms. Each unit is delivered fully furnished with professional, designer-curated decor, ensuring a seamless transition for the next owner and maintaining the property's reputation for five-star guest experiences. Operating as a high-performance short-term rental, the building generates significantly higher margins than traditional long-term leases, supported by a prime location within walking distance of parks and night life. Because major updates the property offers a low-maintenance, "plug-and-play" solution with virtually no upcoming capital expenditure requirements. This is an ideal acquisition for a 1031 exchange, owner-occupant or any investor looking to secure a luxury four family with immediate, optimized cash flow.
#26038998

St Louis

4930 Wise Avenue

None Beds

None Baths

3,300 Sq.Ft.

$625,000

MLS#: 26038998

Price reduced
Fully updated 8-unit apartment building in the historic Tower Grove East neighborhood. Located just 1.5 miles from Tower Grove Park and all the amenities South Grand has to offer. The building is surrounded by popular neighborhood restaurants and coffee shops for tenants to enjoy. Built in 1927, this brick building has a total square footage of 6,400 on a 6,288 square foot lot (0.144 acres). Each 1-bedroom, 1-bathroom unit boasts 750 square feet of modern living space. All units were completely renovated in 2021 with granite countertops, stainless steel appliances (including gas stoves, refrigerators, microwaves, and dishwashers), in-unit washers and dryers, and keyless locks throughout. Major property upgrades in 2021 include new condensers, PVC plumbing, sewer laterals, and a TPO roof. Investment highlights Fully updated 8-unit apartment building in the historic Tower Grove East neighborhood. Located just 1.5 miles from Tower Grove Park and all the amenities South Grand has to offer. The building is surrounded by popular neighborhood restaurants and coffee shops for tenants to enjoy. Built in 1927, this brick building has a total square footage of 6,400 on a 6,288 square foot lot (0.144 acres). Each 1-bedroom, 1-bathroom unit boasts 750 square feet of modern living space. All units were completely renovated in 2021 with granite countertops, stainless steel appliances (including gas stoves, refrigerators, microwaves, and dishwashers), in-unit washers and dryers, and keyless locks throughout. Major property upgrades in 2021 include new condensers, PVC plumbing, sewer laterals, and a TPO roof.
#26038514

St Louis

2901 Nebraska Avenue

None Beds

None Baths

6,400 Sq.Ft.

$719,000

MLS#: 26038514

Price reduced
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.
#26028452

St Louis

2419 Menard Street

None Beds

None Baths

7,056 Sq.Ft.

$752,500

MLS#: 26028452

Located in the desirable Botanical Heights & rapidly appreciating Forest Park Southeast submarket, this well maintained 100% OCCUPIED quadruplex is a perfect investment opportunity to add to your real estate portfolio. This property is tax abated until 2029. Big ticket items like electric panels & PVC plumbing have all been recently replaced. All units have been renovated. With 3 rents slightly below market value, this building has the potential of an over 8.5% CAP RATE when increased. Each unit is approximately 710sf with a spacious living room, kitchen, bathroom, 2 bedrooms & a private in-unit laundry. The basement offers additional storage space. There is private off-street rear tenant parking for 4 vehicles. This unbeatable neighborhood nestled between Shaw & The Grove offers a quick walk to many great restaurants & the Missouri Botanical Gardens. You'll love nearby Tower Grove Park where you can enjoy farmer's markets, food trucks, festivals & amazing green space. Walking distance to WashU Medical Campus. Don't miss the opportunity to own this MUST SEE building!
#26025368

St Louis

4102 McRee Avenue

None Beds

None Baths

3,780 Sq.Ft.

$675,000

MLS#: 26025368

This turn-key, fully furnished, investment offers a rare opportunity to acquire a fully stabilized, high-yield hospitality (airbnb) asset in one of the city's most sought after neighborhoods known as "Southwest Garden Neighborhood". The property was recently rehabbed featuring four separate units meticulously designed with high-end finishes, including quartz/granite countertops, custom cabinetry, stainless steel appliances, tile and spa-inspired bathrooms. Each unit is delivered fully furnished with professional, designer-curated decor, ensuring a seamless transition for the next owner and maintaining the property's reputation for five-star guest experiences. Operating as a high-performance short-term rental, the building generates significantly higher margins than traditional long-term leases, supported by a prime location within walking distance of parks and night life. Because major updates the property offers a low-maintenance, "plug-and-play" solution with virtually no upcoming capital expenditure requirements. This is an ideal acquisition for a 1031 exchange, owner-occupant or any investor looking to secure a luxury four family with immediate, optimized cash flow.
#26024491

St Louis

4955 Magnolia Avenue

None Beds

None Baths

3,060 Sq.Ft.

$650,000

MLS#: 26024491

Salient Realty Group is pleased to present this exceptional mixed-use property which offers a unique opportunity for investors looking for a blend of commercial and residential income streams. The building features three retail spaces on the ground floor, alongside a total of 16 residential units, including eight studio apartments and eight 1-bedroom, 1-bath units. With a 18.37% pro-forma cap rate, this property is a solid income-generating asset.
#26023306

St Louis

5001 S Grand Boulevard

None Beds

None Baths

14,000 Sq.Ft.

$895,000

MLS#: 26023306

Price reduced
New Price! Here's your chance to own a quality all-brick four-family in the highly sought after Southwest Garden neighborhood. Close to the Missouri Botanical Gardens, The Hill, Barnes Hospital, WashU Medical School, Forest Park and Tower Grove Park makes for an ideal location. This 4,148 sq ft property has 4 spacious units, with a current vacancy for potential owner/occupant or the perfect "house hacking" opportunity. Building features central heating and cooling throughout, and its high ceilings, refinished hardwood floors and original stain glass windows add to its historic charm. Some newer vinyl windows. Each tenant enjoys dedicated laundry access with washers and dryers provided in the clean, freshly painted basement along with extra storage. Sewer/ lateral lines under basement have been fully replaced. Brand new concrete parking pad with newly replace retaining wall completed in March 2026. New roof 2025. Updated electric. Check out the pictures of each apt and basement.
#26021317

St Louis

4626 Shenandoah Avenue

None Beds

None Baths

4,148 Sq.Ft.

$650,000

MLS#: 26021317

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Colleen Brown via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Colleen Brown via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service