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About the Listing SSMT01 - IGALALON
Historic charm meets value-add opportunity in the heart of sought-after Lafayette Square. 1722 Waverly Place is a classic early 20th-century brick 8-unit apartment building featuring a diverse unit mix of five 1BR/1BA units, one 2BR/1BA, one 3BR/1BA, and one 2BR/2BA—appealing to a wide range of tenants. Positioned in one of St. Louis’ most desirable historic neighborhoods, this property offers immediate upside for investors through strategic renovations, enhanced finishes, and rental increases aligned with neighborhood demand. A detached garage presents additional income potential once improved—ideal for covered tenant parking or rentable storage. Included in the sale is 1728 Waverly Place, a separately deeded adjacent vacant lot currently serving as green space for tenants. This rare offering opens the door to multiple value-enhancement possibilities, including expanded outdoor amenities, off-street parking (subject to neighborhood guidelines), or future development in an area known for strong new construction values. Residents enjoy walkable access to Lafayette Square’s renowned park, restaurants, and boutique shopping, reinforcing long-term tenant appeal and retention. Additional features include street parking, access to building systems, and potential for shared tenant storage. A compelling opportunity to acquire a character-rich asset with multiple avenues for income growth in a premier historic district.
Listing Highlights
Status
Active
Days on Site
24
Property Type
Multi-Family
MLS ®
26017482
Year Built
1914
Total Square Footage
10,424
Lot/Acreage
0.17
County
St Louis City
Neighborhood
City Commons
Area
2 - Central East
School District
St. Louis City
Elementary School
Sigel Elem. Comm. Ed. Center
Middle School
Fanning Middle Community Ed.
High School
Vashon High
Interior Details
- Bedrooms: 8
- Bathrooms: 5 Full
- Appliances:
- Air Cond: Ceiling Fan(s),Central Air,Electric
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 10424
- Below Ground Sq Ft: n/a
- Basement: Full
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $5,375
- Taxes w/Assessments: N/A
- Tax/Property ID: 1326-00-0030-0
- Tax Year: 2025
Payment Calculator
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Questions About..
1722-28 Waverly Pl St Louis, MO 63104
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