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Alpha Resources
4223 Ellenwood Ave, St Louis, MO 63116
- $1,335,000
- 19,648
- SqFt
- Sold Price
- $1,335,000
- List Price
- $1,375,000
- Closing Date
- Apr 17, 2026
- Days on Market
- 56
- MLS#
- 26009714
- Status
- CLOSED
- Living Sq. Ft
- 19,648
- Lot Size
- 11,761
- Acres
- 0.27
- Year Built
- 1927
- Subdivision
- Gravois Morganford Road Add
- Municipality
- St. Louis City
- County
- St Louis City
- Listing Type
- Multifamily
Property Description
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.
Additional Information
- School District
- St. Louis City
- Elementary School
- Buder Elem.
- Jr. High School
- Fanning Middle Community Ed.
- Sr. High School
- Roosevelt High
- Parking Description
- Off Street
- Cooling
- Central Air
- Heating
- Forced Air
- Water
- Public
- Selling Terms
- 1031 Exchange, Cash, Conventional
Listing courtesy of AJ AngaJala. NextDoor Realty LLC
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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID. 
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