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Saint Louis, MO, 63115 • The Greater Ville • Saint Louis City
$59/sqft
+$10,100 since Apr 7, 2026
Down payment assistance available
7Beds
4Baths
3,536Sqft
0.11 acLot
1916Built
Other Style
Built 1916 · 110 years of history
Orchard Place Add
The Greater Ville
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Listed 61 days ago · 553 views · 32 saves
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32 saves
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61 days on market
Established listing
$59/sqft
Price per square foot
Multi Family · Built 1916 · Historic
This triplex presents a solid value-add opportunity in the evolving Greater Ville neighborhood of St. Louis City, offering both in-place income and upside potential. One unit is currently leased, while the 3-bedroom, 1.5-bath townhouse and an additional 2-bedroom, 1-bath unit are vacant, providing flexibility for an owner-occupant or investor. The occupied 2-bedroom, 1-bath unit is leased on a month-to-month basis at $800 per month, with rents currently below market, offering a clear path to increased income over time. Recent improvements include approximately $18,000+ in updates, including plumbing repairs, water heater installation, bathroom updates, and general unit stabilization. Two units feature newer HVAC systems, and the roof is approximately eight years old, helping to reduce near-term capital expenditures. Based on area rental data, projected rents are approximately $1,200–$1,500 for the 3-bedroom unit and $850–$1,050 for the 2-bedroom units, creating a potential stabilized gross income in the $2,800–$3,200/month range. The vacant townhouse unit provides an opportunity for owner-occupancy or immediate lease-up to maximize returns. Conveniently located near Ranken Technical College, the new NGA campus, major highways, and local amenities, this property is well positioned for continued rental demand. Ideal for investors seeking a value-add asset with improvements already completed and strong income potential.
Based on current rates
Est. 6.88% rate · 30yr fixed · $168,000 loan
Full calculator →Key facts and listing details
3 categories of property features
Market data and value estimates
2 schools rated nearby
Saint Louis, MO, 63115
22 events
26 years of records
Local context around this listing
Saint Louis, MO • Saint Louis City
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