4615 Virginia Avenue, St Louis, MO 63111

• 5,800 sqft

Property Description

Turnkey 8-family investment opportunity! This fully renovated apartment building offers immediate cash flow with the major capital improvements already completed, allowing a new owner to focus on maximizing returns instead of costly renovations. The property features four 1-bedroom units and four 2-bedroom units with extensive renovations completed throughout 2023-2025. Every apartment has been updated with modern finishes including new flooring, fresh paint, updated kitchens with new countertops, sinks, faucets and appliances, renovated bathrooms, new lighting, doors, trim, blinds, and updated electrical devices. Major mechanical improvements include new through-wall A/C units and seven new furnaces, providing long-term reliability and reduced maintenance. The common areas have also been completely refreshed with new carpet, LVP flooring, stair treads, updated lighting, professionally restored railings, cleaned basement, tenant storage areas, washer/dryer hookups, and an owner storage room. Exterior improvements include a newer roof (2022), exterior lighting, landscaping improvements, and off-street parking for approximately five vehicles. Current annual gross rental income is approximately $80,880 with professional property management already in place. Operating expenses are well documented, making underwriting simple for investors. This is an ideal acquisition for buyers seeking a stabilized, low-maintenance multifamily asset with significant recent capital improvements and long-term appreciation potential. The property is fully occupied so showings are with an accepted contract.

Listing Status:

Active

Date Added:

July 7, 2026

Data Last Updated:

July 8, 2026 at 3:16AM

Listing Office:

Mogul Realty : 314-865-1170

MLS ID:

26041459

Interior

• Appliances: Stainless Steel Appliance(s)DishwasherElectric OvenRefrigerator
• Laundry: In Basement
• Basement: 8 ft + PourWalk-Up Access
• Flooring: Luxury Vinyl
• A/C: Wall Unit(s)
• Heating: Forced AirNatural Gas
• Fireplace: Fireplaces: 0

Exterior

• Style: Historic
• Parking: AsphaltParking PadParking spaces: 0

Construction

• Roofing: Flat
• General: BrickTwoConcrete Perimeter

Location

• HOA Amenities: 0.0
• Originating MLS: maris2
• School District: St. Louis City
• County: St Louis City

Lot

• Zoning: 2740-00-0210-0
• Fencing: Chain Link

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedAmeren
• Water: Public

Financial

• Source: maris2
• Ownership: Private