Rock Island Realty

Colonial

7403 Elm Avenue

Maplewood, MO 63143

MLS#: 26053726

$1,295,000

Status: Active Under Contract
Listing number: 26053726
Listing provided by: Realty Exchange
Listing agent phone: None
Last update: a month ago
On site: a month ago
Browse Properties
Maple Lawn - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1967

Sq.Footage

11,214

This well-maintained complex is in the wonderful Maplewood area, close to the Maplewood entertainment district which has many great local shops and restaurants. The property includes 23 one-bed / one-bath units with off-street parking and an on-site laundry room. It's a great source of rental income and is fully occupied. Do not disturb tenants or tour the property without the listing agents.

Features & Amenities

Interior

  • Other Interior Features

    Ceiling Fan(s), Walk-In Closet(s)

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    11214.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Wall/Window Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Baseboard

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Other Exterior Features

    Balcony

  • Parking

    Alley Access, Asphalt, Common, Driveway, Off Street, On Street, Parking Lot

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.37

  • Lot Size(square feet)

    16,117

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Colonial

Price

  • Sales Price

    $1,295,000

  • Tax Amount

    $26,027

  • Financing Options

    Cash, Conventional

  • Sq. Footage

    11,214

  • Price/SqFt

    $115

HOA

  • Association

    No

School District

  • Elementary School

    Mrh Elementary

  • Middle School

    Mrh Middle

  • High School

    Maplewood-Richmond Hgts. High

Property Features

  • New Construction

    NO

  • Ownership

    Private

  • Water Source

    Public

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Location

County

St. Louis

Elementary School

Mrh Elementary

Middle School

Mrh Middle

High School

Maplewood-Richmond Hgts. High

Listing Courtesy of Constantine Benos, Realty Exchange

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Agent Colleen Brown

Broker

Colleen Brown

Call Colleen today to schedule a private showing.

(573) 480-8130

colleen@homeatthelake.com


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This well-maintained complex is in the wonderful Maplewood area, close to the Maplewood entertainment district which has many great local shops and restaurants. The property includes 23 one-bed / one-bath units with off-street parking and an on-site laundry room. It's a great source of rental income and is fully occupied. Do not disturb tenants or tour the property without the listing agents.

7403 Elm Avenue

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Related Properties

New on site 2 days ago
Maplewood Apartment Complex | 10 Units | 2106 Bellevue Avenue, St. Louis, MO 63143 Manor Real Estate is pleased to present the Maplewood Apartment Complex, a rare 10-unit multifamily value-add investment at 2106 Bellevue Avenue in Maplewood, Missouri. Offered at $1,100,000 ($110,000 per unit), the property gives investors a well-maintained masonry building in one of St. Louis County’s most desirable inner-ring communities, with a clear opportunity to grow income. Built in 1966, the two-story building contains approximately 7,437 square feet on a 7,841-square-foot parcel with 55 feet of frontage on Bellevue Avenue. Every unit is a one-bedroom, one-bath apartment, a consistently in-demand floor plan with broad renter appeal and efficient turnover. The property is zoned LR – Limited Residential District and is currently 60% occupied. The building previously operated under a HUD Section 8 contract, which expired on July 31, 2026. With the contract behind it, a new owner can lease the remaining vacancies, reposition the units, and bring rents in line with the surrounding Maplewood market ($1,000 - $1,200/month for comparable units directly across the street). The property suits a value-add investor looking to stabilize and grow cash flow. Much of the major capital work is already done. A new roof and gutters were installed in 2022, and a drain tile system with sump pump was added in 2021. That addresses two of the most significant concerns for an older masonry building. The building is all-electric, which streamlines building systems and maintenance. A six-car parking lot at the rear is an uncommon amenity for a property of this size in Maplewood, and building signage adds visibility. Maplewood is known for its established, walkable residential neighborhoods and a thriving business district along Manchester Road, lined with local restaurants, shops, and entertainment. Residents enjoy quick access to I-44 and I-64, with Brentwood, Clayton, and Downtown St. Louis just minutes away. That location drives steady rental demand. Properties of this size rarely come to market in Maplewood.
#26068926

Maplewood

2106 Bellevue Avenue

None Beds

None Baths

7,437 Sq.Ft.

$1,100,000

MLS#: 26068926

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