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About the Listing RLXG01 - TSCHWARTZ,SCTUCKE
Exceptional opportunity to acquire a well-maintained 8-unit multifamily asset in the South City submarket of St. Louis. The property consists entirely of eight true 1-bedroom, 1-bathroom units, providing a highly sought-after unit mix that appeals to a broad tenant base and promotes consistent occupancy. Significant capital improvements have recently been completed, creating a strong foundation for future ownership. Two units have undergone extensive renovations and feature central air conditioning, offering immediate rental upside and a proven blueprint for future value-add improvements throughout the remaining units. In May 2026, ownership installed eight brand-new furnaces, ensuring reliable heating systems across the entire property and minimizing near-term maintenance concerns. Additionally, the property's electrical services were upgraded in May 2026, providing enhanced infrastructure and peace of mind for investors. Further enhancing the income potential, the property features an attached four-car garage with dedicated parking spaces. New ownership has the opportunity to generate additional revenue through garage and parking rentals, creating an attractive supplemental income stream beyond apartment rents.
Listing Highlights
Status
Active
Days on Site
34
Property Type
Multi-Family
MLS ®
26036804
Year Built
1928
Total Square Footage
5,282
Lot/Acreage
0.13
County
St Louis City
Neighborhood
Grand Blvd Park Add
Area
3 - South City
School District
St. Louis City
Elementary School
Meramec Elem.
Middle School
Fanning Middle Community Ed.
High School
Roosevelt High
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Ceiling Fan(s),Central Air,Wall/Window Unit(s)
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Concrete
- Other:
- Water: Public
Exterior Details
- Garage Capacity: 4 car
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $3,178
- Taxes w/Assessments: N/A
- Tax/Property ID: 2587-00-0550-0
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
4048 Giles Ave St Louis, MO 63116
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