2902-2906 Cherokee St Unit 2902-2906, St Louis, MO 63118
- $650,000
- 7,112
- SqFt
- List Price
- $650,000
- Days on Site
- 156
- MLS#
- 26009836
- Status
- ACTIVE
- Living Sq. Ft
- 7,112
- Lot Size
- 7,679
- Acres
- 0.18
- Year Built
- 1898
- Subdivision
- Cherokee Place Add
- Municipality
- St. Louis City
- County
- St Louis City
- Year Built
- 1898
- Listing Type
- Multifamily
Property Description
Well-positioned 6-family opportunity in a strong rental corridor with great exposure on Cherokee. This 7,000+ sqft property consists of six units each with consistent true 2 bed, 1 bath floorplans (no walkthrough bedrooms) supporting stable, long-term leasing. Each unit offers front and rear access, with covered porches overlooking a fenced in backyard. Modern amenities include double pane windows, forced air heat and central AC throughout along with a NEW ROOF in '26, two off-street parking spaces, and three separate basements providing laundry capability and options for tenant storage. Projected rental performance is above the 1% rule, presenting compelling fundamentals on cash flow and long-term hold strategy. Located just off Cherokee Street in South St. Louis, the property benefits from proximity to one of the city’s most active and culturally vibrant corridors, known for its retail, dining, and arts district. Whether you’re an owner-occupant or seasoned investor, this income-oriented asset offers scale, simplicity, and durable upside for the disciplined investor.
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Additional Information
- School District
- St. Louis City
- Elementary School
- Froebel Elem.
- Jr. High School
- Long Middle Community Ed. Center
- Sr. High School
- Roosevelt High
- Parking Description
- Paved, Off Street, Parking Pad
- Cooling
- Central Air
- Heating
- Electric, Forced Air, Natural Gas
- Water
- Public
- Selling Terms
- Cash, Conventional
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Listing courtesy of Worth Clark Realty.
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified
