Date
Details
Price
Change
Source
11/27/2024
Listed
$760,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/31
$760,000 Just Listed
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1/31
Property Description
6 apartment units in beautiful Benton Park, fully leased and currently generating $6,925/month in income. This property brings in $83,100/annually and with the expenses being $16,532/annually, this makes the in-place cap rate an attractive 8.21%. Every unit is fully updated with in-unit laundry, hardwood floors & nice finishes throughout. The Benton Park location is walking distance to Benton Park Cafe, Venice Cafe, Blue City Deli, Saturn Lounge Record Bar, Gus's Pretzel, Peacemaker Lobster & Crab, Frazier's Restaurant, Imos Pizza, Station #3 Vegan Food, & many more. This sale includes 6 units among 2 buildings with a shared courtyard. All units are 1bed/1bath and rents range from $1025-$1250/month. Amazing investment opportunity to own 6 units in one of the best areas of St Louis City, fully leased with great rents. Brings in $6,925/month currently or $83,100/annually Expenses are $1377/month or $16,532/annually The in-place cap rate is 8.21%
Full Property Details
Full Property Details for 1904 Cherokee St
General
- Price: $760,000
- Taxes: $907 (2023)
- Status: Active
- Type: Commercial Multi-Family
- Source: MARIS
- MLS ID: 24073702
- Updated: 11/27/2024
- Added to Site: Today
Rental Information
- Lease/Rent Term: Leases
Parking
- Parking Features: On Street
Location
- Area: Central East
- County: St Louis City
- Township: St. Louis City
- Subdivision: Julia C Soulards Add 02
- Neighborhood: Benton Park West
School Information
- School District: St. Louis City
- High School District: St. Louis City
- Elementary School: Monroe Elem.
- Middle School: Fanning Middle Community Ed.
- High School: Roosevelt High
Heating & Cooling
- Cooling Type: Electric
- Heating Type: Forced Air
- Heating Fuel: Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.0717
- Lot Size (Sq. Ft.): 3,123
- Lot Dimensions: 25 x 125
Financial Considerations
- Tax Amount: $907
- Tax Year: 2023
- Terms: Cash Only, Conventional, Exchange
- Tenant Pays: Electricity, Gas, Other
Disclosures and Reports
- Special Conditions: None
- Inclusions: Building & Land
- Disclosures/Reports: Unknown, Limited Seller Discl
- Property ID: 1550-00-0070-0
Listed by The Agency
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Listing agent
— 1904 Cherokee St —
The Agency
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1904 Cherokee St
School District:St. Louis City Schools
| Rating | Name | Grades | Distance |
|---|---|---|---|
|
3641 Missouri Ave, Saint Louis, MO 63118 | PK-8 | 0.4 mi | |
|
Fanning Middle School
3417 Grace Ave, Saint Louis, MO 63116 | 6-8 | 1.5 mi | |
|
3230 Hartford St, Saint Louis, MO 63118 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1904 Cherokee St
Tax History
Tax History for 1904 Cherokee St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$907
-4%
$11,040
—
2022
$941
—
$11,040
—
2021
$939
3%
$11,040
5%
2018
$913
-2%
$10,510
-5%
2019
$929
3%
$11,040
5%
2017
$898
-1%
$10,510
—
2016
$909
10%
$10,510
—
2015
$826
3%
$10,510
3%
2014
$800
—
$10,190
—
2013
$800
—
$10,190
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1904 Cherokee St
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 4Total Baths
- 2,140Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 2Total Baths
- 1,909Sq. Ft.
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- Single Family
- Active
- Updated 22 hours ago
- 3Beds
- 4Total Baths
- 2,370Sq. Ft.
- Single Family
- Active
- Updated 22 hours ago
- 3Beds
- 4Total Baths
- 2,370Sq. Ft.
- Single Family
- Active
- Updated 22 hours ago
- 4Beds
- 4Total Baths
- 2,274Sq. Ft.
- Condo
- Active
- Updated 7 days ago
- 2Beds
- 1Total Bath
- 859Sq. Ft.
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- Single Family
- Closed
- 5Beds
- 3Total Baths
- 2,647Sq. Ft.
Sold by Kate Thompson
- Single Family
- Closed
- 3Beds
- 4Total Baths
- 2,803Sq. Ft.
Sold by Valerie Engel
- Single Family
- Closed
- 3Beds
- 4Total Baths
- 2,460Sq. Ft.
Listed by Valerie Engel
- New Construction
- Closed
- 3Beds
- 4Total Baths
- 2,460Sq. Ft.
Listed by Valerie Engel
1904 Cherokee Street, Saint Louis, MO 63118 (MLS# 24073702) is a Commercial Multi-Family property. 1904 Cherokee Street is currently listed for $760,000 and was received on November 27, 2024. Want to learn more about 1904 Cherokee Street? Do you have questions about finding other Commercial Multi-Family real estate for sale in Saint Louis? You can browse all Saint Louis real estate or contact a Coldwell Banker agent to request more information.