1. Missouri
  2. Ballwin
  3. 229 Solon Drive
$499,000

229 Solon Drive, Ballwin, MO 63021

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon0.29acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 15 days ago

Property Description

Income-producing four family in the heart of Ballwin, located in the award-winning Rockwood School District, between Ellisville and Manchester, with quick access to Highway 141 and Manchester Rd. Four spacious units each feature 2 beds and 1 baths, making this an ideal investment for those seeking stable rental income with the ability to increase rents. Average rents for 8 two bedroom one bath apartments is $1,413 within 3 miles in the last year. All tenants are long term and month-to-month, offering flexibility for investors looking to increase rents to market rate, and maintain a hands-off, low-vacancy asset. Three units are rented at $895, with one unit rented at $800. This property would also be ideal for owner occupancy. The building has seen numerous updates, including kitchens and bathrooms, HVAC systems, plumbing, and electrical, while the roof is approximately 10 years old. Properties like this are extremely scarce in West County. Don’t miss your chance to own a fully leased, consistently performing four family in a high-demand rental area. No showings without an accepted contract.

Listing Status:
Active
Date Added:
June 27, 2025 at 05:00AM
Listing Office:
Invest St. Louis : 314-325-6201
MLS ID:
25033543
  • Appliances: CooktopMicrowaveOvenRangeRefrigerator
  • Basement: ConcreteUnfinished
  • A/C: Ceiling Fan(s)Wall Unit(s)
  • Heating: Forced Air

This listing courtesy of Invest St. Louis

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Ballwin Elementary School

400 Jefferson Ave, Ballwin, MO, 63021

Grades KG-5

0.44 miles away

S

Selvidge Middle School

235 New Ballwin Rd, Ballwin, MO, 63021

Grades 6-8

0.52 miles away

M

Marquette High School

2351 Clarkson Rd, Chesterfield, MO, 63017

Grades 9-12

3.10 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.