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About This Home

This 0-bedroom, 0-bathroom residential multi family at 5516 S Grand Boulevard in St Louis, MO is listed for $274,900 ($75 per sqft). Built in 1924, the home offers 3,672 sqft of living space on a 0.14 acres lot.

Agent Description

Investor’s Dream in South City! Fully occupied 4-family in Carondelet generating $2,900 per month in gross rent and professionally managed for true turnkey convenience. Each unit has been fully renovated—featuring modern kitchens, updated bathrooms, and durable LVP flooring throughout.

Photos were taken prior to tenants move in, and are of unit 1N and 2S. All units are identical in layout and finishes. Major updates include a new roof and new right-side plumbing stack, offering peace of mind for years to come. Electric panels are newer and electric in basement has been updated along with PEX plumbing.

Tenants enjoy comfortable updated living spaces, while owners benefit from strong cash flow and minimal maintenance. Leases all expire in May of 2026 giving you immediate cash flow. Off street parking in the back for the tenants. Conveniently located off Grand for easy access to all the great things South City has to offer, and public transportation.

This would a make perfect addition to any investment portfolio! Showing an accepted contract. Could be bought in a package deal with 4124 Virginia (MLS# 25076198) and 4617 Broadway (MLS # 26005828). Seller will have one more four family available soon. Sewer lateral needs repairs. Seller willing to credit a buyer for repairs with a reasonable offer. **NO SELLER FINANCING OFFERS**

Key Features

  • Built in 1924
  • 0.14 acre lot
  • 2 stories

Property Details

2 stories
1924

Amenities

Basement

Monthly Cost Estimate

$1,470/mo

20% down · 6.5% · 30 years

Principal$199
Interest$1,191
Insurance$80

Estimates only. Actual payments may vary.

Location

5516 S Grand Boulevard

St Louis, MO 63111

Eilers Add

Features & Amenities

Exterior Features

LevelFencing

Property Details

Flooring

Vinyl

Construction

Brick

Parking

Off Street

Heating

Forced AirNatural Gas

Cooling

Multi UnitsWindow Unit(s)

Appliances

Oven - GasRefrigerator

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 5516 S Grand Boulevard is listed at $274,900 ($75/sqft). The estimated monthly payment is $1,191 based on 20% down at 6.5% interest.

Key features include: Built in 1924, 0.14 acre lot, 2 stories. Exterior Features: Level, Fencing.

This property is listed by Brian Miller and can be reached at 3146512261 or brian@stlmogul.com.

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BM

Brian Miller

Agent at Mogul Realty

(314) 651-2261

Listed by Mogul Realty · View on Broker Site

MLS# 25076144· Source: listhub· Updated today

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5516 S Grand Boulevard, St Louis, MO 63111

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