$1,650,000
3119 Morganford Road
St Louis, MO 63116 · MLS#: 26066780
Listing brokerage: CBRE · 314-655-6000 · Agent: Matt Bukhshtaber
About this home
3119 Morganford Road is a 12-unit multifamily investment opportunity located in the highly desirable Tower Grove South neighborhood of St. Louis. This well-maintained property features all 1-bedroom/1-bathroom units and is currently 100% occupied, providing stable in-place cash flow from day one. Originally constructed in the 1960s, the building has been thoughtfully updated with modern finishes, including renovated units featuring stainless steel appliances, contemporary cabinetry, and in-unit washers and dryers. Residents benefit from off-street parking and immediate proximity to Tower Grove Park, neighborhood shopping, dining, public transportation, and major employment centers. Convenient access to I-44, Downtown St. Louis, and the broader metro area supports continued tenant demand. Strong occupancy history, proven South City location, and the potential for future revenue growth through strategic rent increases and operational efficiencies make this an attractive investment opportunity.
Property details
- County
- St Louis City
- Subdivision
- Scullins Add
- Lot size
- 0.2152 acres
- Days on market
- 0
- Annual taxes
- $7,622
- Heating
- Electric, Forced Air
- Cooling
- Central Air
- Style
- Apartment Style, Low/1-2
Schools
- School district
- St. Louis City
- Elementary
- Mason Elem.
- Middle
- Long Middle Community Ed. Center
- High
- Roosevelt High
Location
Listing courtesy of CBRE · MLS#: 26066780. Data provided by MARIS MLS; deemed reliable but not guaranteed.
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