Pending

3670 Russell Boulevard

Saint Louis, MO 63110
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Bed 0

Bed

Bath 0

Bath

SqFt11,676

Sqft

Acres0.14

Acre(Lot)

Rare opportunity to purchase a fully renovated 12-unit multifamily property located in the highly desirable Shaw neighborhood of St. Louis, one of the city’s most sought-after rental markets. Built in 1907, this historic building is walkable to Tower Grove Park and the Missouri Botanical Garden and is conveniently located near major employment centers, universities, parks, hospitals, shopping, and dining. The property consists of six 1-bedroom units and six 2-bedroom units, providing a balanced and attractive unit mix for investors. All twelve units have been renovated, including complete bathroom updates, updated plumbing, in-unit laundry, replacement of plaster walls with drywall, conversion to all-electric systems. Eight of the units feature the most recent high-end finishes, which inc lude luxury vinyl flooring, upgraded kitchen cabinets with granite countertops. The building also retains attractive historic features, including original marble walls, a skylight, and original tile flooring in the entry areas. Tenants also benefit from rear porches and a courtyard area. Extensive capital improvements include a TPO roof, new windows, complete tuckpointing, new PVC stacks, water lines. The building was converted to an all-electric system, water heaters were replaced, making this a turnkey investment with minimal deferred maintenance. HVAC line sets and thermostat wiring have been run throughout the property, making future system replacements easier and more efficient. Current rents demonstrate strong historical occupancy and long-term tenancy, while still providing clear upside. Based on Rentometer data, average market rents for one-bedroom units are $1,304, based on 21 one-bedroom apartments within 0.75 miles over the last year. Average market rents for two-bedroom units are $1,406, based on 9 two-bedroom apartments within 0.75 miles over the last year. This property offers the opportunity to raise rents and add value with minimal additional cost. The basements have a large footprint, tall ceilings, and easy access for potential egress windows and entry doors, creating the possibility of adding additional apartments. There are only a handful of 10+ unit apartment buildings in Shaw, and they rarely reach the open market. Seller will review offers on Monday, June 1st at 5:00 PM. Please include a response deadline of Tuesday, June 2nd at 5:00 PM.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,750,000

AD Id : 78729950

MLS Id : MIS26030407

Lot Size : 0.14 Acre

Living Area Size : 11,676

Year Built : 1908

County : Saint Louis City

Subdivision: Tyler Place Add

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Feature Features

  • Room Information

    Has Basement: Yes
  • Flooring Information

    Flooring: Carpet, Concrete, Luxury Vinyl, Wood Construction Materials: Brick
  • Heating & Cooling

    Heating: Electric, Forced Air Cooling: Central Air, Electric

  • Building Information

    Year Built: 1908
  • Exterior Features

    Balcony, Courtyard Construction Materials: Brick Foundation Details: Stone

  • Lot Information

    Lot Square Feet: 6124.54 Lot Acres: 0.1406

    Property Information

    Property Type: Residential Income Sub Type: 5 Family or More Style: Traditional Structure Type: Apartment Building

  • Listing Price Information

    Original List Price:$1750000

  • Tax Information

    Annual Tax: $9827 Tax Year: 2025 Parcel Number: 4952-00-0010-0

  • School Information

    Elementary School: Shenandoah Elem. Junior High School: Fanning Middle Community Ed. Senior High School: Roosevelt High
  • Utility Information

    Electricity Connected, Sewer Connected, Water Connected
  • Location Information

    Subdivision: Tyler Place Add City: St Louis
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3648 Shenandoah Avenue, Saint Louis, MO, 63110 $499,000 -- -- 2,802 2,802 SqFt
3822 Shaw Boulevard, Saint Louis, MO, 63110 $424,999 5 4 2,352 2,352 SqFt
3940 Shaw Boulevard, Saint Louis, MO, 63110 $479,000 3 4 2,377 2,377 SqFt
4037 Mcree Avenue, Saint Louis, MO, 63110 $479,000 4 4 2,550 2,550 SqFt
4033 Cleveland Avenue, Saint Louis, MO, 63110 $489,700 3 3 2,780 2,780 SqFt
4058 Botanical Avenue, Saint Louis, MO, 63110 $299,900 3 2 1,834 1,834 SqFt
4116 Flad Avenue, Saint Louis, MO, 63110 $475,000 3 3 1,824 1,824 SqFt
4142 Cleveland Avenue, Saint Louis, MO, 63110 $385,000 3 2 1,435 1,435 SqFt
1123 Kentucky Avenue, Saint Louis, MO, 63110 $499,000 3 3 2,200 2,200 SqFt
1443 S Vandeventer Avenue, Saint Louis, MO, 63110 $2,400,000 -- -- 18,785 18,785 SqFt
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ByOwner last updated this listing 06/25/2026 @ 18:20

MLS: MARIS2 #26030407 LISTED BY: Jordan Schoen, Invest St. Louis 314-325-6201 SOURCE: MARIS MLS (Listings courtesy of MARIS MLS as distributed by MLS GRID)

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