4041-4043 Castleman Ave | 4041-4043 Castleman Ave
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4041-4043 Castleman Ave 4041-4043 Castleman Ave
4 Unit Apartment Building $785,000 ($196,250/Unit) Saint Louis, MO 63110
Investment Highlights
- Large, Updated Four Family Building In Shaw
- Perfect for Investors & Owner Occupants (House Hack)
- Solid In Place Rents w/ Room to Raise to Market
- In Unit Laundry & Updated Electric & Plumbing
- Spacious and well-designed units
Executive Summary
4041-43 Castleman Ave is a updated and stately four-family building in the heart of St. Louis' Shaw neighborhood. This property has loads of historic charm and modern updates like in-unit laundry and updated electric and plumbing. The mansard roof was replaced less than five years ago as well. The building has a wonderful unit mix consisting of two, 2 bd / 1 ba units and two, 3 bd / 2 ba units. Both unit types are very large at 1,255 SF for the two bed units and 2,000 SF for the 3 bed units. The property is located just blocks from the Missouri Botanical Gardens and Tower Grove Park and many wonderful dining and entertainment options.
Current rents are $1,400 & $1,370 for 2 bed units and $1,780 & $1,695 for the 3 bed units. This opportunity is perfect for investors or owner occupants looking to house hack. The in place rents are solid but have plenty of room to be raised.
Current rents are $1,400 & $1,370 for 2 bed units and $1,780 & $1,695 for the 3 bed units. This opportunity is perfect for investors or owner occupants looking to house hack. The in place rents are solid but have plenty of room to be raised.
Property Facts
| Price | $785,000 | Apartment Style | Mid Rise |
| Price Per Unit | $196,250 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 6,104 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1894 |
| Property Subtype | Apartment |
| Price | $785,000 |
| Price Per Unit | $196,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Lot Size | 0.14 AC |
| Building Size | 6,104 SF |
| No. Stories | 2 |
| Year Built | 1894 |
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Ceiling Fans
- Hardwood Floors
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | 1,255 |
| 3+2 | 2 | - | 2,000 |
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PROPERTY TAXES
| Parcel Number | 4943-00-0290-0 | Improvements Assessment | $45,660 |
| Land Assessment | $3,800 | Total Assessment | $49,460 |
PROPERTY TAXES
Parcel Number
4943-00-0290-0
Land Assessment
$3,800
Improvements Assessment
$45,660
Total Assessment
$49,460
zoning
| Zoning Code | B |
| B |
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4041-4043 Castleman Ave | 4041-4043 Castleman Ave
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