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2902-2906 Cherokee Street , Saint Louis, MO 63118

$650,000
  • 2902-2906 Cherokee Street , Saint Louis, MO 63118 Main Photo

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Active
BEDS0 BATHS SQUARE FEET7,112 MLS#26009836
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCherokee Place Add SCHOOLSt Louis City

Property Description

Well-positioned 6-family opportunity in a strong rental corridor with great exposure on Cherokee. This 7,000+ sqft property consists of six units each with consistent true 2 bed, 1 bath floorplans (no walkthrough bedrooms) supporting stable, long-term leasing. Each unit offers front and rear access, with covered porches overlooking a fenced in backyard.Modern amenities include double pane windows, forced air heat and central AC throughout along with a NEW ROOF in '26, two off-street parking spaces, and three separate basements providing laundry capability and options for tenant storage.Projected rental performance is above the 1% rule, presenting compelling fundamentals on cash flow and long-term hold strategy.Located just off Cherokee Street in South St. Louis, the property benefits from proximity to one of the city's most active and culturally vibrant corridors, known for its retail, dining, and arts district. Whether you're an owner-occupant or seasoned investor, this income-oriented asset offers scale, simplicity, and durable upside for the disciplined investor.

2902-2906 Cherokee Street | MLS# 26009836

This multi-family property located at 2902-2906 Cherokee Street , Saint Louis, MO 63118 is currently listed for sale with an asking price of $650,000. 2902-2906 Cherokee Street is located within the St Louis City school district. Search Saint Louis real estate on www.trophypa.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: Central Air
Heating: Electric, Forced Air, Natural Gas
Home Style: Traditional
Lot Size: 0.18 Acres
Roof Type: Flat
Taxes: $2,054
Year Built: 1898

Feature Descriptions

Days on Site: 9
Exterior: Stone
Fencing: Back Yard
Fireplace: Decorative
Lot: Back Yard, Level
Parcel#: 1576-00-0240-0
Parking: Concrete, Off Street, Parking Pad
Parking Notes: Concrete, Off Street, Parking Pad
SQFT. Above Grade: 7112
Water: Public

Local Schools

High School: Roosevelt High
Middle School: Long Middle Community Ed. Center
Elementary School: Froebel Elem.
School District: St Louis City

Listed By / Shown

Listed By

Agency Name: EXP Realty, LLC

Shown By

Agency Title: Trophy Properties & Auction
Agency Phone: (855) 573-5263

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Estimated Payment

$ 1,807.37 per month $1,446.62 Principal & Interest $171.17 Property Tax $189.58 Homeowner's Insurance

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