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4961 Laclede Ave
Saint Louis, MO 63108
The Parkway · Multifamily Property For Sale · 70 Units

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INVESTMENT HIGHLIGHTS

  • Central West End named a Top 10 Great Neighborhood by the American Planning Association
  • Walkable to Forest Park with premier museums, theaters, and recreational amenities
  • Steps from WashU, a top-ranked university contributing $3.6B to St. Louis' economy
  • 1.5 miles from City Foundry, a $300M dining and entertainment destination

EXECUTIVE SUMMARY

Berkadia is pleased to present the exclusive opportunity to acquire The Parkway, a boutique mid-rise community located in the highly desirable Central West End submarket of St. Louis, Missouri. Originally constructed in 1909 and fully renovated between 2022 and 2023, The Parkway features 72 thoughtfully updated units. The property offers a balanced unit mix of 50% studios and 50% one-bedroom floor plans, with an average unit size of 640 square feet.

PROPERTY FACTS

Sale Type Investment
No. Units 70
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.77 AC
Building Size 80,000 SF
Average Occupancy 100%
No. Stories 4
Year Built 1909
Parking Ratio 0.44/1,000 SF
Zoning E

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Heating
  • Ceiling Fans
  • Kitchen
  • Vaulted Ceiling
  • Refrigerator
  • Range
  • Views
  • Carpet
  • Window Coverings

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 36 - 550 - 575
1+1 34 - 600 - 720

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3884-23-0185-0
Land Assessment
$56,529 CAD
Improvements Assessment
$1,192,940 CAD
Total Assessment
$1,249,469 CAD
  • Listing ID: 37330531

  • Date on Market: 2025-08-19

  • Last Updated:

  • Address: 4961 Laclede Ave, Saint Louis, MO 63108

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