$499,900

323 Mott Street, St Louis, MO 63111

Multi-Family Home
Built in 1966
3,859sqft lot
—— car garage
$——/sqft
Listed 4 months ago

Property Description

Fully occupied 8-unit multifamily in South St. Louis, offering strong tenant demand and stable returns. Monthly rental income of $5429/ mo, and annual NOI (before tax) of $39k. This well-maintained brick building features a mix of studio and 1-bed units, all separately metered and professionally managed. Recent updates and consistent rental history make this a hassle-free addition to any portfolio. Located just steps from Gravois Park with easy access to public transit, highways, and downtown. Excellent opportunity in a proven rental corridor. Property to be sold as-is, please use special sales contract.

Listing Status:: Active
Date Added:: July 7, 2025 at 05:00AM
Listing Office:: Wood Brothers Realty : 314-353-8888
MLS ID:: 25045743

Laundry: Common Area
A/C: Ceiling Fan(s)Central Air
Heating: Forced AirNatural Gas

Style: Apartment Style
Parking: On StreetParking Lot

General: BrickApartment Style

Originating MLS: maris2
School District: St. Louis City
County: St Louis City

Zoning: 2970-00-0125-0

Water: Public

Source: maris2
Ownership: Private

This listing courtesy of Wood Brothers Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Lyon Academy at Blow

516 Loughborough Ave, Saint Louis, MO, 63111

Grades PK-8

0.28 miles away

Lyon Academy at Blow

516 Loughborough Ave, Saint Louis, MO, 63111

Grades PK-8

0.28 miles away

Roosevelt High School

3230 Hartford St, Saint Louis, MO, 63118

Grades 9-12

3.11 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.