$650,000

2902-2906 Cherokee Street 2902-2906, St Louis, MO 63118

  • 7,112 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1898
  • Property Lot Size Icon7,680sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $91/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
February 21, 2026
Data Last Updated:
April 7, 2026 at 3:16AM
Listing Office:
Worth Clark Realty : 314-222-0065
MLS ID:
26009836
  • Basement: Unfinished
  • A/C: Central Air
  • Heating: ElectricForced AirNatural Gas
  • Fireplace: DecorativeFireplaceFireplaces: 6
  • Style: Traditional
  • Other Structures: PatioCovered
  • Parking: ConcreteOff StreetParking Pad
  • Roofing: Flat
  • General: StoneTwo
  • Originating MLS: maris2
  • School District: St. Louis City
  • County: St Louis City
  • Zoning: 1576-00-0240-0
  • Fencing: Back Yard
  • Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedAmeren
  • Water: Public
  • Source: maris2

This listing courtesy of Worth Clark Realty

Monthly Payment

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

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Location

Schools Nearby

F

Froebel Literacy Academy

3709 Nebraska Ave, Saint Louis, MO, 63118

Grades PK-6

0.39 miles away

F

Fanning Middle School

3417 Grace Ave, Saint Louis, MO, 63116

Grades 6-8

0.69 miles away

R

Roosevelt High School

3230 Hartford St, Saint Louis, MO, 63118

Grades 9-12

0.48 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.

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