1. Missouri
  2. St Louis
  3. 1936 Benton Street
$1,150,000

1936 Benton Street, St Louis, MO 63106

  • 26,085 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $44/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

The Benton Street Apartments are a 24-unit multifamily asset in St. Louis City in walking distance to the new NGA West Headquarters. This historic brick row-style property was completed renovated in April of 2013 and offers a classic architectural presence with updated interiors, in-unit laundry hook ups, updated appliances, updated flooring, kitchens, and more. With close proximity to Downtown, major highways, public transit, and key redevelopment zones, Benton Street Apartments are well positioned for long-term appreciation and consistent cash flow. Ideal for investors seeking scale and value in an emerging urban corridor. The current rent roll totals $17,690 which includes two vacant units and two down units. This allows investors to raise occupancy and renovate the two down units to increase cash flow significantly. With the current rent roll annualized and T12 expenses, the property is performing at a 10.89% cap rate which offers incredibly strong returns with great upside potential. Please reach out to the brokers with any questions. 24 Multifamily Units Fully Renovated in 2013 12.80% Cap Rate w/ In Place RR & T12 Expenses Very Strong In-Place Performance w/ Significant Upside Walkable to the Brand New NGA Campus Mix of 1 Bd / 1Ba, 1 Bd / 1.5 Ba and 2 Bd / 1.5 Ba Units

Listing Status:
Active
Date Added:
August 4, 2025 at 05:00AM
Listing Office:
Salient Realty Group, LLC : 314-374-3687
MLS ID:
25053581
  • Appliances: Stainless Steel Appliance(s)Ice MakerGas OvenRangeRange Hood
  • Laundry: Electric Dryer HookupGas Dryer Hookup
  • Basement: Concrete
  • Flooring: CarpetVinyl
  • A/C: Ceiling Fan(s)Central Air
  • Heating: Forced Air
  • Fireplace: Fireplaces: 0

This listing courtesy of Salient Realty Group, LLC

Monthly Payment

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

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

J

Jefferson Elementary School

1301 Hogan St, Saint Louis, MO, 63106

Grades PK-6

0.49 miles away

E

Elias Michael Elementary School

2 Gateway Dr, Saint Louis, MO, 63106

Grades PK-8

0.59 miles away

V

Vashon High School

3035 Cass Ave, Saint Louis, MO, 63106

Grades 9-12

0.97 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.