Active

2608 S 11th Street

Saint Louis, MO 63118
Mark as Favorite
Bed 0

Bed

Bath 0

Bath

SqFt7,980

Sqft

Acres0.12

Acre(Lot)

2608–2614 S 11th Street is a fully renovated 8-unit multifamily asset located in the heart of Soulard, one of St. Louis’ most desirable and walkable urban neighborhoods. The property consists of four (4) 2-bedroom / 2-bath units with an average rent of $1455/month and four (4) 1-bedroom / 1-bath units with an average rent of $1256/month, totaling approximately 7,980 square feet across two parcels. Originally constructed in 1899, the building has been thoughtfully renovated while maintaining its historic brick exterior and architectural character. The property is 100% occupied and currently produces $10,845 in monthly rent ($130,140 annually), offering an attractive 7.04% in-place cap rate with clear upside to an 8.06% pro-forma cap rate through mark-to-market rent adjustments. Average in- place rents are $1,356 per unit, with several units leasing below market—most notably one 1BR unit at $900 versus a $1,375 market rent. All units feature in-unit laundry, modern finishes, forced-air HVAC systems, and updated kitchens and baths. The property also benefits from off-street parking (~5 spaces), a highly sought-after amenity in Soulard. Operating expenses are efficiently controlled at approximately 31.5% of gross income, and the property is currently self- managed, allowing for additional operational flexibility. Located just steps from Soulard’s renowned bars, restaurants, coffee shops, and the historic Soulard Farmers Market, the asset is ideally positioned to attract young professionals and urban renters seeking a walkable, lifestyle-driven neighborhood. This offering represents a rare opportunity to acquire a turnkey, stabilized multifamily asset in one of St. Louis’ strongest rental submarkets, with durable cash flow and built-in upside.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $1,175,000

AD Id : 74811762

MLS Id : MIS26005485

Lot Size : 0.12 Acre

Living Area Size : 7,980

Year Built : 1889

County : Saint Louis City

Subdivision: Cityst Louis

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Forced Air Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1889

  • Lot Information

    Lot Square Feet: 5423.22 Lot Acres: 0.1245

    Property Information

    Property Type: Residential Income Style: Historic

  • Listing Price Information

    Original List Price:$1175000

  • Tax Information

    Annual Tax: $4524 Tax Year: 2024 Parcel Number: 0848-00-0210-0

  • School Information

    Elementary School: Sigel Elem. Comm. Ed. Center Junior High School: L'Ouverture Middle Senior High School: Roosevelt High
  • Utility Information

    Water Source: Public
  • Location Information

    Subdivision: City/St Louis City: St Louis Direction: This property is fully occupied. Seller prefers to not disturb tenants unless the buyer is legitimate and they can show proof of funds, letter from a lender or if they just show the portfolio of property they currently own.
Sell a home like this and save $70,001 Find out How

At $147.24 per sq.ft.,this listing is priced below average compared to other homes from Saint Louis.

The average homes price in Saint Louis is $370202.62 with avg. price / sq.ft of $2102.04.

The average homes price in Saint Louis City County is $373818.81 with avg. price / sq.ft of $2100.74.

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1206 Lynch Street, Saint Louis, MO, 63118 $550,000 3 4 2,511 2,511 SqFt
2906 Lemp Avenue, Saint Louis, MO, 63118 $425,000 4 3 3,138 3,138 SqFt
3315 Lemp Avenue, Saint Louis, MO, 63118 $550,000 4 4 3,500 3,500 SqFt
2918 Wisconsin Avenue, Saint Louis, MO, 63118 $379,900 3 3 1,989 1,989 SqFt
3330 Wisconsin Avenue, Saint Louis, MO, 63118 $349,000 3 3 --
3332 Wisconsin Avenue, Saint Louis, MO, 63118 $349,000 3 3 --
3650 Salena Street, Saint Louis, MO, 63118 $139,900 3 2 938 938 SqFt
3342 Illinois Avenue, Saint Louis, MO, 63118 $295,000 -- -- 2,306 2,306 SqFt
3503 Wisconsin Avenue, Saint Louis, MO, 63118 $349,900 3 3 1,928 1,928 SqFt
3820 Wisconsin Avenue, Saint Louis, MO, 63118 $149,000 2 2 --

Disclaimer: The information being provided courtesy of maris2 as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of themaris2. ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of maris2. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 04/06/2026 @ 06:20. All data is obtained from various sources and may not have been verified by the 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.
Properties displayed may be listed or sold by various participants in the MLS.

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 04/06/2026 @ 06:20. 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. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


DMCA Notice: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

ByOwner last updated this listing 04/06/2026 @ 06:20

MLS: MARIS2 #26005485 LISTED BY: Anthony Klier, The Agency 314-677-1477 SOURCE: maris2

Selling? Save $70,001 when you sell a home like this

Learn More about this Property