4318 Walker LN new Save Request In-Person Tour Request Virtual Tour
Normandy,MO 63121
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Square Footage 50,000 sqft
Price per Sqft $144
Subdivision George M Moore Sub
MLS Listing ID 25068470
Style Apartment Style
Year Built 1947
Lot Size 2.130 Acres
Property Sub-Type 5 Family or More
Property Description
76 units, fully renovated in 2015, with all roofs replaced in 2021. Currently 100% occupied. Monthly income is approximately $63,700 with an average rent of $838/unit.
Mix of one and two-bedroom units with 53% two-bedrooms. Current rents are $43–$128 below market, providing immediate upside potential. The property is being offered free and clear of debt.
The community offers gated parking, shared laundry in each building, and a well-maintained brick exterior. Located directly adjacent to the University of Missouri–St. Louis campus (14,000+ students, 1,000+ faculty), with quick access to I-70, MetroLink, Lambert International Airport, and major employers including Express Scripts.
Location
State MO
County St. Louis
Area 106 - Normandy
Interior
Heating Natural Gas
Cooling Central Air
Exterior
Parking Features false
View Y/N No
Roof Type Asphalt,Shingle
Building
Story 2
Water Public
Structure Type Brick
Schools
Elementary Schools Jefferson Elem.
Middle Schools Jefferson Middle School
High Schools Normandy High
School District Normandy
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard