4048 Giles Avenue, St Louis, MO 63116

• 5,282 sqft

Property Description

Exceptional opportunity to acquire a well-maintained 8-unit multifamily asset in the South City submarket of St. Louis. The property consists entirely of eight true 1-bedroom, 1-bathroom units, providing a highly sought-after unit mix that appeals to a broad tenant base and promotes consistent occupancy. Significant capital improvements have recently been completed, creating a strong foundation for future ownership. Two units have undergone extensive renovations and feature central air conditioning, offering immediate rental upside and a proven blueprint for future value-add improvements throughout the remaining units. In May 2026, ownership installed eight brand-new furnaces, ensuring reliable heating systems across the entire property and minimizing near-term maintenance concerns. Additionally, the property's electrical services were upgraded in May 2026, providing enhanced infrastructure and peace of mind for investors. Further enhancing the income potential, the property features an attached four-car garage with dedicated parking spaces. New ownership has the opportunity to generate additional revenue through garage and parking rentals, creating an attractive supplemental income stream beyond apartment rents.

Listing Status:

Active

Date Added:

June 17, 2026

Data Last Updated:

July 5, 2026 at 2:18AM

Listing Office:

Realty Exchange : 314-647-2220

MLS ID:

26036804

Interior

• Basement: Concrete
• A/C: Ceiling Fan(s)Central AirWall/Window Unit(s)
• Heating: Forced Air

Exterior

• Style: Apartment Style

Construction

• General: Brick VeneerTwo

Location

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

Lot

• Zoning: 2587-00-0550-0

Utilities

• Water: Public

Financial

• Source: maris2