$375,000

1 Bruce Drive, Florissant, MO 63031

  • 5,280 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon8,686sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $71/sqft
  • Property List Date Icon Listed 17 days ago

Property Description

Four-family building located on a quiet cul-de-sac in Florissant, Missouri. This property is part of a larger 44-unit apartment complex consisting of seven buildings within the same cul-de-sac, offering investors the opportunity to acquire multiple buildings within one cohesive community. The four family buildings can be purchased separately or together, and the 32 additional units can also be purchased with the four families if desired. The complex has undergone extensive renovations between 2023 and 2026, with more than $2.2 million in capital improvements completed throughout the property. Upgrades include improvements to electrical systems, common areas, windows, water heaters, furnaces, and condensers. This building features 2 bedroom units with 3,536 square feet and features a pitched roof, central heating and cooling, and spacious common areas. Each four-family building includes five off-street parking spaces. Units offer washer and dryer hookups, with additional potential to add shared laundry facilities. All four units within the building feature similar updates, providing consistency in layout and finishes across the property. Current rents are below market, presenting an opportunity for future rent growth. Market data indicates average rents of approximately $1,050 for two-bedroom units within a five-mile radius. At least one unit per building may be available for showings or potential owner-occupancy. Conveniently located near Lambert International Airport and major employers such as Boeing and Amazon, the property benefits from strong employment drivers in the surrounding area. The buildings are located within a designated flood zone. The City of Florissant has acquired adjacent land for a planned future park development, which will further enhance the surrounding area.

Listing Status:
Active
Date Added:
March 16, 2026
Data Last Updated:
April 3, 2026 at 8:16PM
Listing Office:
Invest St. Louis : 314-325-6201
MLS ID:
26013460
  • A/C: Central Air
  • Heating: Forced Air
  • Style: Traditional
  • General: BrickTraditional
  • Originating MLS: maris2
  • School District: Hazelwood
  • County: St. Louis
  • Zoning: 08K-61-0155
  • Utilities: Ameren
  • Source: maris2

This listing courtesy of Invest St. Louis

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

M

McCurdy Elementary School

975 Lindsay Ln, Florissant, MO, 63031

Grades PK-5

0.88 miles away

N

Northwest Middle School

1605 Shackelford Rd, Florissant, MO, 63031

Grades 6-8

1.69 miles away

W

West High School

1 Wildcat Ln, Hazelwood, MO, 63042

Grades 9-12

2.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby