1131 Bellevue Ave, St Louis, MO 63117

Property Description

Exceptional opportunity to acquire a 9-unit mixed-use investment property in the highly sought-after Clayton School District, ideally situated in Richmond Heights. Located just steps from SSM Health–St. Mary's Hospital and within walking distance of DeMun, Forest Park, downtown Clayton, and the vibrant amenities of Richmond Heights/Clayton, this property offers an unbeatable combination of location and long-term upside. The asset features established commercial tenants with multi-year leases already in place, providing stable income and reduced turnover risk. Current residential rents are estimated to be $55–$175 below market comparables, presenting an attractive value-add opportunity for investors seeking increased cash flow through future rent growth. Recent capital improvements include a roof that is only four years old, helping minimize near-term maintenance expenses. Additional amenities include front parking for seven vehicles and an expansive 6,273-square-foot basement offering abundant storage or potential for additional income-producing space. With strong tenant demand, excellent walkability, desirable school district access, and significant upside potential, this is a rare opportunity to add a well-positioned mixed-use asset to your investment portfolio.