$3,300,000
7389 Maple Avenue in Maplewood, MO presents a compelling, turn-key 24-Unit multifamily investment opportunity featuring a diverse unit mix of spacious studio and one-bedroom apartments that appeal to a broad renter base. The property has been thoughtfully updated to achieve rent premiums and is supported by strong historical occupancy, currently at 95.8%, providing immediate cash flow and operational stability. Located within a highly desirable area boasting exceptional 3-mile demographics—average household income of $134,501 and average home values of $413,704—the asset also benefits from placement in the top-ranked Maplewood-Richmond Heights School District (Top 13% nationwide, #13 in Missouri). As an infill property in one of St. Louis’ most sought-after inner-ring suburbs, residents enjoy proximity to established infrastructure, amenities, and a central location that continues to drive consistent tenant demand. With limited new supply in the immediate area and strong underlying fundamentals supporting long-term occupancy and rent growth, this offering is further enhanced by pricing well below replacement cost, making it an attractive opportunity for both yield and appreciation.
26031656
MLS
⋅
ACTIVE
Status
7389 Maple Ave, Maplewood