Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Site

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.6761

  • Property Type

    Residential Income

  • Architectural Style

    Apartment Style

Price

  • Sales Price

    $4,650,000

  • Tax Amount

    $32,773

  • Sq. Footage

    23, 400

  • Price/SqFt

    $198

HOA

  • Association

    No

School District

  • Elementary School

    Mason Elem.

  • Middle School

    Long Middle Community Ed. Center

  • High School

    Roosevelt High

Property Features

  • Water Source

    Public

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Location

County

St Louis City

Elementary School

Mason Elem.

Middle School

Long Middle Community Ed. Center

High School

Roosevelt High

Listing Courtesy of Matt Bukhshtaber , CBRE

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Oakview Apartments is a 36-unit value-add multifamily community situated in a thriving area of St. Louis’s Central Corridor.

The property consists of three all-brick buildings featuring 36 1-bed, 1-bath units with a strong occupancy rate of 100%. Unit features include in-unit washers and dryers, hardwood floors, updated kitchens with quartz countertops and stainless-steel appliances, as well as rear balconies. Residents can enjoy off-street parking in the parking lot behind in the rear of the buildings.

Oakview Apartments is ideally located just minutes from Forest Park. Its proximity to WashU ensures a steady influx of students, faculty, and staff, driving demand for rental properties. The vibrant Dogtown neighborhood, known for its lively atmosphere and local eateries, adds to the area’s appeal. Downtown Clayton, with its bustling business district and upscale shopping and dining, is also just a short drive away. Additionally, the property is conveniently located near major hospitals and employers in the Central West End, such as BJC Healthcare, attracting healthcare professionals and other workers.

Current rents are below market rates, providing immediate upside potential for future ownership through rental increases. Furthermore,
5 units have not been updated with new kitchens, presenting additional opportunities for value enhancement. The property
is being offered free-and-clear, allowing buyers the flexibility to secure new financing.

1014 Oakview Place

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Related Properties

The Lange (3600 Texas Ave.) and 3620 Texas Ave. is a two-property multifamily portfolio located in the historic
neighborhood of Gravois Park in St. Louis, Missouri. The sale includes two contiguous properties totaling 27 units.

3600 Texas Ave. is a historic redevelopment containing 15 units, originally built in 1884 and completely renovated in 2018. 3620 Texas Ave. is a new construction property, built in 2022 and contains 12 units.

Both properties are fully-renovated with thoughtfully designed finishes including updated kitchens with stainless steel appliances and quartz countertops. The properties enjoy a beautiful courtyard, controlled gated access, private outdoor terrace and off-street gated parking.

Located on Texas Ave. between Cherokee Street and Chippewa Street, the Portfolio occupies a 0.64-acre site.

The properties must be purchased together.
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None Baths

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Smile Lofts and the adjacent Soulard Firehouse at 900–912 Allen Ave offer a rare opportunity to own a fully occupied, character-rich multifamily property in the heart of Soulard. The offering consists of 23 total units across two historic buildings, along with 23 gated off-street parking spaces. The property is currently 100% occupied and generates $41,792 per month in in-place income, with additional upside remaining through future rent increases and unit reconfigurations.

The main building, Smile Lofts, was originally home to the Orange Smile Syrup Company from the 1920s through the 1960s and was later converted into dramatic loft apartments that retain their original industrial charm. Five of the units are massive 4-bedroom, 2-bath lofts with approximately 30-foot ceilings and rents exceeding $2,700 per month. Three additional oversized units are currently configured as 2-bedroom, 2-bath layouts but are similar in size to the 4-bedroom units and offer the ability to add two additional bedrooms in each. The remaining units in the building are large 1-bedroom and 2-bedroom lofts with open layouts and unique architectural character.

The adjacent Soulard Firehouse adds five additional residential units and historic charm, creating a well-balanced, two-building asset with strong tenant appeal. The property’s one-to-one gated parking ratio is a major advantage in Soulard, where off-street parking is limited and highly desirable.

Soulard is one of St. Louis’ most vibrant and walkable neighborhoods, known for hosting the second-largest Mardi Gras celebration in the United States. From the property, tenants can walk to more than three dozen bars, restaurants, and coffee shops, as well as the historic Soulard Farmers Market just a few blocks away, which is open year-round and offers fresh groceries from local farmers and vendors every Saturday. Many nearby bars also provide free shuttle service to St. Louis Blues games, St. Louis Cardinals games, STL City SC matches, and concerts and events downtown, further enhancing the lifestyle appeal for residents.

The property is fully occupied, with common areas available for viewing. Occupied units may only be shown with an accepted offer or letter of intent. Please do not disturb tenants.
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None Beds

None Baths

27,706 Sq.Ft.

$4,500,000

MLS#: 26000285

 - property

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