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Richmond Building 1131-1145 Bellevue Ave 9 Unit Apartment Building $2,455,416 CAD ($272,824 CAD/Unit) 5.95% Cap Rate Richmond Heights, MO 63117

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Investment Highlights

4 year old roof
Excellent walkability to Demun, Forest Park, Clayton & Richmond Heights

Multi year leases in place for commercial tenants

Executive Summary

eXp is pleased to present 1131-1145 Bellevue Avenue, a fully stabilized 9-unit mixed use investment opportunity in the steady Clayton-Richmond Heights submarket. Currently performing at a 5.95% cap rate with proforma cap rate at 8.65% through rental increases to market rates as current rates are significantly under market rate.

1131-1145 Bellevue Flyer

Financial Summary (Actual - 2025) Click Here to Access	Annual (CAD)	Annual Per SF (CAD)
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$99,999	$9.99
Taxes	$99,999	$9.99
Operating Expenses	$99,999	$9.99
Total Expenses	$99,999	$9.99
Net Operating Income	$99,999	$9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual	$99,999
Annual Per SF	$9.99

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	-
Annual Per SF	-

Effective Gross Income (CAD)
Annual	$99,999
Annual Per SF	$9.99

Taxes (CAD)
Annual	$99,999
Annual Per SF	$9.99

Operating Expenses (CAD)
Annual	$99,999
Annual Per SF	$9.99

Total Expenses (CAD)
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income (CAD)
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Price	$2,455,416 CAD	Building Class	C
Price Per Unit	$272,824 CAD	Lot Size	0.19 AC
Sale Type	Investment	Building Size	12,546 SF
Cap Rate	5.95%	Average Occupancy	100%
Gross Rent Multiplier	12.8	No. Stories	2
No. Units	9	Year Built	1925
Property Type	Multifamily	Parking Ratio	0.56/1,000 SF
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential	Cross Streets	Wise Ave.
Apartment Style	Low-Rise
Zoning	NB - - https://ecode360.com/28309383 https://ecode360.com/attachment/315558/RI3417-405a%20Appendix%20A%20Listing%20of%20Permitted%20and%20Conditional%20Uses

Price	$2,455,416 CAD
Price Per Unit	$272,824 CAD
Sale Type	Investment
Cap Rate	5.95%
Gross Rent Multiplier	12.8
No. Units	9
Property Type	Multifamily
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.19 AC
Building Size	12,546 SF
Average Occupancy	100%
No. Stories	2
Year Built	1925
Parking Ratio	0.56/1,000 SF
Cross Streets	Wise Ave.
Zoning	NB - - https://ecode360.com/28309383 https://ecode360.com/attachment/315558/RI3417-405a%20Appendix%20A%20Listing%20of%20Permitted%20and%20Conditional%20Uses

Unit Mix Information

Description	No. Units	Avg. Rent/Mo	SF
1+1	5	$1,139 CAD	720 - 780

1 1

Walk Score®

Very Walkable (85)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

Property Taxes

Parcel Number	20J-61-0684	Total Assessment	$279,284 CAD
Land Assessment	$14,356 CAD	Annual Taxes	-$1 CAD ($0.00 CAD/SF)
Improvements Assessment	$264,928 CAD	Tax Year	2025