7201-05 Gravois Avenue presents a multifamily investment opportunity in South St. Louis' Princeton Heights neighborhood. The property consists of 1-bedroom, 1-bathroom apartment units and offers stable in-place cash flow supported by a strong occupancy history. Units feature updated interiors with stainless steel appliances, modern finishes, and in-unit laundry, while off-street parking enhances resident convenience and retention. Positioned along the highly visible Gravois Avenue corridor, the property benefits from excellent access to public transportation, neighborhood retail, dining, grocery, and everyday services. Residents enjoy convenient connectivity to Hampton Avenue, I-55, Downtown St. Louis, and major employment centers, as well as nearby recreational amenities including Willmore Park, Francis Park, and Carondelet Park. The property offers investors a well-located asset with the potential for continued rent growth and operational efficiencies, supported by strong rental demand and the diverse St. Louis regional economy.
| MLS # | 26066598 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 17 |
| Listing Provided By | CBRE | Matt Bukhshtaber |
| SQ Feet | 28,000 |
|---|---|
| Building(s) | 1 |
| Acreage | 1.22 |
| Cooling | Central Air |
|---|
| Construction Materials | Brick Veneer |
|---|
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Property | 28149 |
|---|
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63116 |
| Area | South City |
| Community Name | Gravois on the Green |
| School District | Roosevelt High |
| Elementary School | Buder Elem. |
| High School | Roosevelt High |
| Listing VS Median (in Gravois on the Green) | |
Price: $4,000,000 low | high Med: $4,000,000 sqft: 28,000 low | high Med: 28,000 $ / sqft: $143 low | high Med: $143 On site: 17 low | high Med: 17 | |
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63116 |
| Area | South City |
| Community Name | Gravois on the Green |
| School District | Roosevelt High |
| Elementary School | Buder Elem. |
| High School | Roosevelt High |
| Listing VS Median (in Gravois on the Green) | |
Price: $4,000,000 low | high Med: $4,000,000 sqft: 28,000 low | high Med: 28,000 $ / sqft: $143 low | high Med: $143 On site: 17 low | high Med: 17 | |