Active - House for sale
St Clair, MO
Facts & features
Why you’ll love it
- Stainless steel
This 24-unit apartment complex is located in the heart of St. Clair in Franklin County situated near I-44, Gravois, and plenty of shopping and other amenities,. It features two well-maintained buildings constructed in 1986, offering a total of 18,886 square feet of revenue-generating potential. Unit mix is 8 1-bed/1-bath (567 sf) and 16 2-bed/1-bath units (714 sf). About 50% have been updated with LVP flooring and stainless appliances; others with carpet/vinyl flooring and mixed appliances provide value-add opportunity. Property features newer vinyl windows, exterior entrance, electric water heaters, circuit breaker panels, and 48 parking spaces. Coin-operated laundry facility generates $290/month (included in income). Gross income = 187,584, expenses = 45,884, and NOI = 141,700 - a 8.33% cap rate at asking price. With its location, updates, 100% occupancy, and NOI, this property has plenty to offer. Ask your agent/broker for the financials located in the supplements.
Listed by: Worth Clark Realty
Co-listed by: Worth Clark Realty
Source: Maris MLS as distributed by MLS GRID, MLS#: 25003997
Based on information as of Aug 31, 2026 at 11:05pm EDT.
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Affordability
$9,631/mo
- Mortgage$8,596
- Property tax$1,034
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
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Travel times
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Disclaimer
Based on information submitted to the MLS GRID as of Aug 31, 2026 at 11:05pm EDT. 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.