4 Bruce Drive, Florissant, MO 63031

• 8,379 sqft

Property Description

This offering presents a 32-unit multifamily investment opportunity in Florissant, Missouri, consisting of four eight-family buildings located at 4–16 Bruce Drive. Built in the 1960s, the property features one-bedroom units and is part of a larger seven-building apartment community that has undergone extensive renovations between 2023 and 2026 totaling more than $2.2 million in capital improvements. Updates include electrical system upgrades, central air installation, and modernization of building infrastructure. The property is currently 90% occupied and in lease-up, with rents positioned below market levels, creating a clear value-add opportunity as leases renew and units stabilize. Select units have been intentionally left vacant to accommodate showings. Market data indicates average rents of approximately $942 for comparable one-bedroom units within a three-mile radius. Additional property features include pitched roofs, spacious common areas, ample off-street parking, and washer/dryer hookups in each building, with the potential to add shared laundry facilities for additional income. The property is conveniently located minutes from Lambert International Airport and major employers such as Boeing and Amazon, with nearby land planned for future city park development.

Listing Status:

Active

Date Added:

March 16, 2026

Data Last Updated:

May 20, 2026 at 5:18PM

Listing Office:

Invest St. Louis : 314-325-6201

MLS ID:

26013512

Interior

• Basement: Cellar
• A/C: Central Air
• Heating: Forced Air

Exterior

• Style: Traditional

Construction

• General: BrickTraditional

Location

• Originating MLS: maris2
• School District: Hazelwood
• County: St. Louis

Lot

• Zoning: 08K-61-0627

Utilities

• Utilities: Ameren

Financial

• Source: maris2