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$ 1,100,000
Est. payment | /mo
7,437 SqFt
$ 1,100,000
Est. payment | /mo
7,437 SqFt
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Square Footage 7,437 sqft
Price per Sqft $147
Subdivision Bellevue Place
MLS Listing ID 26068926
Style Other
Year Built 1966
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type 5 Family or More
Property Description
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.
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.
Location
State MO
County St. Louis
Area 3 - South City
Interior
Cooling Other
Fireplace N
Exterior
View Y/N No
Building
Story 2
Level or Stories Two
Structure Type Other
Schools
Elementary Schools Mrh Early Childhood Center
Middle Schools Mrh Middle
High Schools Maplewood-Richmond Hgts. High
School District Maplewood-Richmond Heights
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Ben Cherry • Manor Real Estate
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