801-803 Russell Blvd St Louis, MO 63104
Listing Courtesy of: MARIS - IDX as distributed by MLS GRID / Listed By: The Cova Group

  801-803 Russell Blvd St Louis, MO 63104

Active (1 Days)
$1,649,900 (USD)

Description

Eight units, 100% occupied, in the heart of historic Soulard, available as a single portfolio for $1,649,000. This package combines two classic brick four-family buildings, 801-803 Russell Blvd and 1216-1218 Soulard St, and delivers immediate cash flow from day one. Current contractual rent totals $13,950/month ($167,400/year), producing an annualized NOI of $140,718 and an 8.53% in-place cap rate at just $206,125 per unit. Both buildings have been thoughtfully renovated, with modern kitchens, stainless appliances, updated baths, and in-unit laundry, and the portfolio can be sold furnished for a true turnkey acquisition. Staggered leases, some running into 2028, add stability. Soulard is one of St. Louis' most in-demand rental neighborhoods: steps to Soulard Market, restaurants, and nightlife, and minutes to Busch Stadium, downtown, and major highways. Opportunities to acquire eight renovated, fully leased units in a single transaction here are rare. Schedule your showing today. Package sale only. Figures reflect an annualized current run rate, not a historical T-12, and exclude unprovided expense categories. Buyer to verify all information.

MLS #:
26059658
Type
Multifamily
Year Built
1893
School District
St. Louis City

Listed By

Anthony Cova, The Cova Group
Source
MARIS - IDX
Last checked Sep 16 2026 at 5:07 PM GMT+0000
Bathroom Details
Subdivision
  • Soulards Add
Heating and Cooling
  • Forced Air
  • Central Air
School Information
  • Elementary School: Sigel Elem. Comm. Ed. Center
  • Middle School: Fanning Middle Community Ed.
  • High School: Roosevelt High
Location
   
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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 9/16/2026 17:07. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.