3672 Russell Boulevard

Discover the thriving Shaw district surrounding the property in St. Louis, MO. From the iconic Missouri Botanical Garden to the vibrant dining scene of The Grove, this area offers an exciting mix of urban attractions. Perfect for multifamily and high-rise investors seeking a dynamic and lively location in St. Louis.3672 Russell Blvd is a fully renovated 12-unit multifamily asset located in the highly desirable Shaw neighborhood of St. Louis, one of the city’s most sought-after rental markets due to its proximity to major employment centers, universities, parks, hospitals, and amenities. The property consists of six 1-bedroom units and six 2-bedroom units, providing a balanced and highly rentable unit mix. All 12 units have been renovated, with 8 units featuring the most recent high-end finishes, making this a turnkey investment with minimal deferred maintenance. Extensive capital improvements include a TPO roof, new windows, complete tuckpointing, new PVC stacks, updated plumbing and water lines, and conversion to an all-electric system. Interior upgrades include in-unit laundry, luxury vinyl flooring, exposed brick walls, granite countertops, and fully renovated bathrooms. Current rents demonstrate strong historical occupancy, and long term tenancy. Based on Rentometer data, market rents average $1,304 for one-bedroom units and $1,406 for two-bedroom units, providing a clear path to additional income growth. This property offers an opportunity to raise rents and add value at a minimal cost. Residents are within approximately Missouri Botanical Garden- 0.4 miles Tower Grove Park- 0.6 miles South Grand dining and retail corridor- 0.5 miles SSM Cardinal Glennon Children’s Hospital- 1 mile Washington University School of Medicine and Barnes Jewish Hospital Complex - 3 miles SLU Law School - 3.5 miles Cortex Innovation District - 2.5 miles Forest Park- 2.5 miles The Hill- 2 miles Seller will review offers on Monday June 1st at 5pm. Please allow 24 hour response time with the offer.