#25029906, Listing office: Coldwell Banker Realty - Gundaker
8440 N Broadway N Saint Louis, MO 63147
Property details
About 8440 N Broadway N
All 18 units in 2 turnkey buildings are occupied & generating excellent cashflow - 2024 NOI was $122,133. Plus, there is an opportunity to make this 18-unit into a 24-unit if desired! The (4) 4-bed / 2 ba units could easily be reconverted back into 8 units, plus 2 units could be recreated in the lower level to make 24 units, as originally designed. Gated complex w/ parking. New roofs on both buildings. New sewer lateral line. Units have already been renovated but could be made even nicer for higher rents. There was a small fire a couple years ago that affected 2 units; both have been fully remedied and renovated. Contractor bids for ~ $450,000 to add storage lockers & 2 coin laundry rooms (in each building's lower level) to increase cashflow, completely remodel units, update some mechanicals, convert (4) 4-beds back to 8 units & add 2 units in lower level. All of that could be deferred or entirely skipped. The options are endless. Slam dunk on cashflow. Owner selling due to living out of state. Landlord pays trash, water & sewer. Tenants pay power.
Highlights
Summary
- Appliances: Electric Water Heater
- Basement: No
- Parking: On Street, Open, Parking Lot, Unassigned
- Exterior: Balcony
- Architectural Style: Low/1-2
- Heating: Forced Air, Electric
- Cooling: Central Air, Electric, Window Unit(s)
- List Price: $750,000
- Price/SqFt: $77
- HOA Amount: $0
- Year Built: 1964
- Living Area: 9,632 SqFt
- Lot Size: 0.5568 Acres
- MLS Number: 25016792
- MLS Name: MARIS2
- Office Name: Worth Clark Realty
- Office Phone: (314) 222-0065
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Price information
Property sales
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Nearby schools
2
Earl Nance Sr. Elementary School
Public District PK-6
0.7 mi
•8959 Riverview Blvd
1
Danforth Elementary School
Public District KG-5
1.3 mi
•1111 Saint Cyr Rd
3
Herzog Academy
Public District PK-6
1.3 mi
•5831 Pamplin Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $23,602. Most Saint Louis, MO residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 8440 N Broadway N
The listing price of 8440 N Broadway N property is $750,000.
The property 8440 N Broadway N is a house located in Saint Louis, Missouri, 63147.
Active Listing: 8440 N Broadway N is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 8440 N Broadway N are: Earl Nance Sr. Elementary School (GreatSchools Rating 2/10), Danforth Elementary School (GreatSchools Rating 1/10), Herzog Academy (GreatSchools Rating 3/10), Jennings Junior High School (GreatSchools Rating 3/10), Central Middle School (GreatSchools Rating 1/10), Westview Middle School (GreatSchools Rating 2/10), Jennings Senior High School & College Prep Academy (GreatSchools Rating 2/10), Riverview Gardens High School (GreatSchools Rating 1/10), Beaumont Cte High School (GreatSchools Rating 1/10).
The property at 8440 N Broadway N has 0 bedroom and 0 bathroom.
The property 8440 N Broadway N is 9,632 SqFt (source: MLS/tax record).
The year of construction for 8440 N Broadway N is 1964.
This home is located at 8440 N Broadway N in Saint Louis, MO and zip code 63147 in the North City neighborhood. This 9,632 square foot home, which was built in 1964, sits on a 0.56 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since May 9, 2025 and is currently priced at $750,000.
In June 2025 more than 104 listings in Saint Louis, MO were sold above the asking price. During the same period more than 41 listings were sold at asking price, while more than 111 were sold below. The number of homes for sale in Saint Louis, MO decreased by 3% between May and June 2025. Listings spent 39 days on the market in June 2025, and had a median list price of $224,660 during the same period.