# 4048 Giles Avenue, Saint Louis, MO 63116

> **TL;DR:** residential multi family, $550,000 ($104/sqft), built 1928, 5,282 sqft.
> Basement. Est. $2,383/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $550,000 |
| Price/sqft | $104 |
| Square Feet | 5,282 |
| Year Built | 1928 |
| Lot Size | 5,602 sqft (0.13 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,383 |
| **Total** | **$2,383** |

## Nearby Schools

- **Elementary:** Meramec Elem.
- **Middle:** Fanning Middle Community Ed.
- **High:** Roosevelt High

## Key Amenities

- Basement

## Property Highlights

- Built in 1928
- 0.13 acre lot
- 2 stories

## Description

### Agent Description
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.

## Location

- **Address:** 4048 Giles Avenue, Saint Louis, MO 63116
- **County:** St Louis City
- **Neighborhood:** Grand Blvd Park Add
- **Coordinates:** 38.583924, -90.247961
- **Google Maps:** https://www.google.com/maps?q=38.583924,-90.247961

## Listing Agent

- **Name:** Tyler Schwartz
- **Brokerage:** Realty Exchange
- **Phone:** 6366339432
- **Email:** schwartz@realtyexchangeweb.com

## Primary Photo

![4048 Giles Avenue - Primary Photo](http://lh.rdcpix.com/679e43c0091c07eeedbbe1efc7fdd672l-f1168180160r.jpg)

*17 total photos available on [listing page](https://www.propertysimple.com/listing/4048-giles-avenue-st-louis-mo-63116-26036804)*

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**MLS#:** 26036804 | **Updated:** 2026-06-24
**Source:** listhub

*Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/4048-giles-avenue-st-louis-mo-63116-26036804)

---

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