St. Louis, MO 63113
1 bd1 ba4,632 sfBuilt 1905
Gross spread$395,000
Description
50** Lotus Ave, Saint Louis, MO 63113 Asking Price: $295,000 Estimated ARV: $620,000–$690,000 Projected Gross Rent: $4,000+/Month Closing: November 30th, 2026 Excellent multifamily investment opportunity in St. Louis, Missouri! This fully renovated 4-unit property offers approximately 4,632 SQFT of living space, featuring four spacious 3-bedroom, 1-bathroom units. With two units already occupied and generating $2,000/month in rental income, plus active tenant applications for the remaining two units. PROPERTY SNAPSHOT • 4 Residential Units • 3 Bedrooms / 1 Bathroom Per Unit • 12 Bedrooms / 4 Bathrooms Total • 4,632 SQFT • Fully Renovated Multifamily Property • 2 Units Currently Occupied • 2 Vacant Units With Tenant Applications Pending CONDITION & RECENT IMPROVEMENTS • All Four Units Reportedly Fully Renovated • Updated Interiors Throughout • Two Units Currently Producing Rental Income • Remaining Units Being Marketed for Occupancy • Buyer to Verify Renovations, Major Systems & Unit Conditions RENTAL INCOME POTENTIAL Current Occupied Units: Unit 1: $1,050/Month Unit 2: $950/Month Current Gross Rental Income: • $2,000/Month • $24,000/Year Projected Stabilized Rental Income: Approximately $4,000+/Month Approximately $48,000+/Year WHY INVESTORS SHOULD LOOK $295K Asking vs. $620K–$690K Estimated ARV $325K–$395K Potential Gross Value Spread Before Costs Approximately $73,750 Per Unit Fully Renovated 4-Unit Property $2,000/Month Existing Gross Rental Income $4,000+/Month Projected Stabilized Gross Rent INVESTOR TERMS Asking: $295,000 Estimated ARV: $620,000–$690,000 Units: 4 Layout: Four 3BR / 1BA Units Size: 4,632 SQFT Condition: Fully Renovated (Reported) Occupancy: 2 Occupied / 2 Vacant Current Gross Rent: $2,000/Month Projected Gross Rent: $4,000+/Month Closing: November 30th, 2026 SUBMIT YOUR HIGHEST & BEST OFFER!
$/sqft vs market
Median of 46 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Property information
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