Share This Listing

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

1402 Granville Pl 4 Unit Apartment Building $334,708 CAD ($83,677 CAD/Unit) Saint Louis, MO 63112

Save this listing!

Favourite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

1402 Granville – Fully Rehabbed Four-Plex Income Property | $239900| $2,800 Monthly Gross Income
Turnkey Cash Flow in the Heart of St. Louis
Welcome to 1402 Granville Ave, a solid-brick four-unit multifamily property that blends classic architecture with a complete modern makeover. Every detail has been refreshed — top to bottom — creating a plug-and-play investment that’s already bringing in $2,800 per month across four spacious 2-bed / 1-bath units.
Whether you’re a seasoned investor or first-time buyer looking for dependable returns, this is your chance to own a performing four-plex at a price point rarely seen in today’s market.

Before & After – A Transformation That Sells Itself
The rehab tells the story:
• Modern Kitchens: New cabinets, countertops, flooring, stainless appliances, and lighting.
• Updated Bathrooms: Clean finishes, new fixtures, and bright paint for that fresh, move-in-ready feel.
• New Flooring & Carpet: Warm, neutral tones that appeal to tenants and reduce turnover.
• Fresh Paint Throughout: Light-gray walls and crisp trim create an open, airy vibe.
• Exterior Improvements: Classic brick exterior refreshed for long-term durability and curb appeal.
Each “before” and “after” photo captures the pride and effort behind this transformation — a building once tired, now fully revived and ready to deliver steady monthly income for years to come.
Investment Highlights
• Price: $239900
• Monthly Income: $2,800 ($700 per unit)
• Unit Mix: 4 × 2 Bed / 1 Bath
• Building Type: All-Brick Four-Plex
• Condition: Fully Renovated – Turnkey
• Occupancy: Ready for tenants / Already producing income
• Projected Cap Rate: ˜ 13–14% based on current rents
Low maintenance, strong rental demand, and instant returns — this property is the definition of cash-flow confidence.
Why Investors Love This Asset
Strong ROI from day one
Rehabbed units attract long-term tenants
Brick construction minimizes maintenance
Ideal for Section 8 or private rental strategies
Future equity growth as the area continues to improve
That Feel-Good Factor
When you step inside, you can feel the care that went into every detail — clean, bright, and welcoming spaces where tenants instantly feel at home. Investors feel it too: the satisfaction of owning a property that’s been transformed from worn-out to winning.

PROPERTY FACTS

Price $334,708 CAD
Price Per Unit $83,677 CAD
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.11 AC
Building Size 3,700 SF
No. Stories 2
Year Built 1900
Opportunity Zone Yes
Zoning C - Commercial

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Tub/Shower
  • Family Room
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 4 - 925

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3806-08-0020-0
Land Assessment
$688 CAD
Improvements Assessment
$3,638 CAD
Total Assessment
$4,326 CAD
  • Listing ID: 37991509

  • Date on Market: 2025-10-08

  • Last Updated:

  • Address: 1402 Granville Pl, Saint Louis, MO 63112

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}