NOT LISTED FOR SALE

3320 Greenwood Blvd Saint Louis, MO 63143

12 Beds
-- Bath
5,874 Sq Ft
9,148 Sq Ft Lot

Last Sold August 30, 2023

37 Days on Market

About This Home

As of August 2023

This 12 unit apartment building in Maplewood is the investment opportunity you've been looking for! The value-add concept was already proven with unit #9 that was renovated then instantly rented for $930/m. The building currently brings in $8,435/m and if all of the units were kept as-is and brought to market rent ($785/m) then the building would bring in at least $9,565. If you fully renovate the remaining 11 units, you should bring in at least $11,160/m or $133,920 annually. Fully renovating all of the units would be a breeze as all of the 1b1b units are the same floorplan so you can just rinse & repeat. There are at least 10 parking spaces which your tenants will love (also possible additional income in the future if you charge). The 2022 expenses were $25,987. The all brick exterior & slab foundation will keep major repair expenses low. Maplewood is extremely popular among Washington University students and professionals that want to live in the county but be close to the city.

Last Listed By

Anthony Klier

The Agency License #2022012991 Listed on: 06/20/2023

The Agency

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1968

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60x158

Schools

  • Mrh Elementary School
  • Mrh Middle School
  • Maplewood-Richmond Hgts. High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Two Heating Systems
  • Electric Water Heater

Community Details

  • 12 Units

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas
  • Assessor Parcel Number 21J-22-0053

Property Details

Home Type

Apartment

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apartment Complex
  • Municipality Township: Maplewood
  • Age: 55
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Laundry: Prvt Laund some unit
  • Square Footage Unknown: Yes

Garage/Parking

  • Parking: 1 Space/Unit

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Wall Unit(s)
  • Heating: Dual System

Schools

  • School District: Maplewood-Richmond Heights
  • Elementary School: Mrh Elementary
  • Middle School: Mrh Middle
  • High School: Maplewood-Richmond Hgts. High
  • Elementary School: Mrh Elementary
  • Junior High School: Mrh Middle
  • School District: Maplewood-Richmond Heights
  • Senior High School: Maplewood-Richmond Hgts. High

Lot Info

  • Lot Dimensions: 60x158
  • Lot Sq Ft: 9148
  • Acres: 0.2100

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Cable TV/Satellite, Electric, Gas

Multi Family

  • Building Number: 1
  • Gross Operating Income: 101208.00
  • Total Units: 12
  • Total Expenses: 35387.00

Tax Info

  • Taxes Paid: 12035
  • Assessor Parcel Number: 21J-22-0053

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold -- -- --
07/28/2023 07/28/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $985,000 +52.7% $168 / Sq Ft
02/15/2019 02/15/19 Sold -- -- --
02/15/2019 02/15/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $645,000 -- $110 / Sq Ft
Source: MARIS MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MAR23034876

MARIS MLS

APN: 21J-2-2-005-3