5
Gravois Park Multifamily Homes & Duplexes for Sale
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$160,000
- 4 Beds
- 2 Baths
3741 Michigan Ave, Saint Louis, MO 63118
3741 Michigan Ave, Saint Louis, MO 63118 -
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$199,900
- 2 Beds
- 1 Bath
- 2,406 Sq Ft
3530 Michigan Ave, Saint Louis, MO 63118
3530 Michigan Ave, Saint Louis, MO 63118 -
About Gravois Park
Gravois Park in Saint Louis is a vibrant neighborhood known for its dense population and creative community. Located less than 5 miles from downtown, it offers convenient access to the city's core. The area is characterized by its historic brick duplexes and single-family homes, many of which have been recently renovated. Residents enjoy a strong sense of community, supported by an active neighborhood association focused on local improvements. The neighborhood's central park provides walking paths, a playground, and a community center hosting various events and classes. Nearby Benton Park offers additional outdoor amenities, including a pond and tennis courts. Cherokee Street is a cultural hub with art galleries, music venues, and a variety of dining options, such as The Taco & Ice Cream Joint and Earthbound Beer. The area is well-served by public transit, with MetroBus connections and easy access to Interstate 44 for trips beyond Missouri. While the local schools have room for improvement, the community's commitment to growth and development is evident in its ongoing revitalization efforts.
Home Trends in Gravois Park, MO
On average, homes in Gravois Park, Saint Louis sell after 77 days on the market compared to the national average of 47 days. The average sale price for homes in Gravois Park, Saint Louis over the last 12 months is $177,247, up 8% from the average home sale price over the previous 12 months.
Home Trends
Median Price (12 Mo)
$160,000
Median Single Family Price
$157,000
Median Townhouse Price
$299,900
Average Price Per Sq Ft
$106
Number of Homes for Sale
17
Last 12 months Home Sales
39
Months of Supply
5.20
Median List Price
$199,900
Median Discount From 1st List Price
7%
Median Home Sale Price YoY Change
19%
In Gravois Park, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $1 to $285,000, there's something for every budget. As of April, 2025 the median home price in Gravois Park, Saint Louis is $199,900, while the average sale price is $177,247, providing insight into local market trends. On average, multi-family homes spend 77 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Gravois Park, Saint Louis.
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