Contacts
CBRE
CBRE
CBRE
CBRE
Property Details
- Property Type Multi-Family
- Property Size 7,248 SF
- Year Built 1928
- Year Renovated 2022
- Date Updated Apr 9, 2026
Highlights
Fully-leased 6-unit asset featuring all 1 Bed/1 Bath units
Well-maintained 1928 brick construction
Opportunity to acquire at a competitive basis with the potential to increase cash flow through operational efficiencies and targeted unit upgrades
Stable South St. Louis neighborhood with consistent rental demand and low turnover
New roofing in 2022 with 20-year warranty
Long-term neighborhood stability
Limited new apartment construction at comparable price points supports continued occupancy and rent stability
Convenient South City location near transit, highways, retail, and amenities
Overview
CBRE, as exclusive marketing advisor, is pleased to present 4260–62 Michigan Avenue, a fully leased six‑unit brick apartment building located in South St. Louis. Situated along a quiet residential corridor, the property offers investors a stabilized asset in an established neighborhood supported by strong rental demand and historically low tenant turnover. The building also carries a secondary address of 3119 Chariton Street.
The property consists of six one‑bedroom, one‑bathroom units, which feature efficient floor plans, hardwood flooring, and an abundance of natural light.
Significant capital improvements include new TPO roofing installed in 2022 with a 20‑year warranty, positioning the asset for minimal near‑term maintenance and capital expenditures.
Reach out to the broker for more info on lease terms and amenities
Getting around
-
77/100
Walk Score ®
-
43/100
Transit Score ®
-
50/100
Bike Score ®
Location
- City St. Louis, MO
- Neighborhood Mount Pleasant
- Zip Code 63111
- Market St Louis
Points of Interest
-
St. Louis - Gateway Station
3.68 miles
-
Union Station - Elevator Access
3.74 miles
-
Union Station
3.75 miles
-
Union Station - Stair Access
3.77 miles
-
8th & Pine
4.21 miles
-
The Wild Station
4.85 miles
-
Discovery Corner Station
4.89 miles
-
Missouri History Museum/Forest Park
5.23 miles
-
Forest Park - DeBaliviere Metrolink
5.46 miles
-
Skinker
5.93 miles
-
Speedie Gas
0.32 miles
-
Conoco
0.32 miles
-
Phillips 66
0.33 miles
-
Moto Mart
0.84 miles
-
BP
1.07 miles
-
EVgo Charging Station
1.59 miles
-
ChargePoint
2.09 miles
-
Tesla Supercharger
3.12 miles
-
EV Connect
3.88 miles
-
Electric Car Charging Station
5.02 miles
-
Visitor Lot
2.00 miles
-
Tour Parking
2.08 miles
-
River des Peres Greenway Trailhead
3.14 miles
-
Marie Curie Parking Lot
3.18 miles
-
1327
3.35 miles
-
Chroma Apartments Garage
3.52 miles
-
Grand Station Parking
3.53 miles
-
East Lot
3.63 miles
-
Gateway Transportation Center Short Term Parking
3.65 miles
-
Amtrak Long Term Parking
3.66 miles
-
Lemp Mansion
1.60 miles
-
Holiday Inn Express St. Louis
2.70 miles
-
Residence Inn
3.51 miles
-
River City Hotel
3.68 miles
-
Red Roof Inn
3.71 miles
-
Hotel St. Louis Downtown City Center
3.73 miles
-
Holiday Inn
3.75 miles
-
Drury Inn St. Louis At Union Station
3.75 miles
-
Courtyard Downtown
3.79 miles
-
Drury Inn
3.82 miles
-
Universal Food Market
0.39 miles
-
World Market - Cho Quoc Te
0.61 miles
-
Schnucks
1.15 miles
-
Save-A-Lot
1.17 miles
-
El Torito
1.18 miles
-
ALDI
1.21 miles
-
Midwest Pasta Company
1.37 miles
-
Jay International Food Co.
1.52 miles
-
Johnny’s Food Mart
1.61 miles
-
Ross
1.98 miles