Multi-Family for Sale: 763 Chamberlain Place, St Louis, MO 63119

763 Chamberlain Place, St Louis, MO 63119
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Type Multi-Family
Lot Size 1.71 acres
Year Built 1960
Taxes Paid $25,486

City St Louis
County St Louis
School District Webster Groves
Subdivision John D Finney

MLS 23042850
Status Active
DOM 143 days
This 38 unit apartment building in Webster Groves has already had every unit fully renovated and all you need to do is bring the leases to market rent to be operating a 9.5% cap in one of the best central corridor locations of St Louis. The seller did a beautiful job renovating all apartments with IN-UNIT LAUNDRY, stainless steel appliances, granite counters, vinyl flooring and tiled bathrooms but he has not raised rents since he finished the remodel years ago. This is one of few multi-family buildings in Webster that has GARAGE PARKING + a pool. Most of the 1b1b units are at $885/m but the most recent unit was leased for $1200/m only days after becoming vacant. An organized leasing campaign will easily be able to obtain the proforma $1200/m rents for 1b1b units and $1600/m for the 2b1b units. The proforma NOI is $496,080. This property is extremely popular among Webster University students and young professionals looking to live in St Louis County but still be close to St Louis City.

Lot & Building Features

Cooling Electric
Heat Source Gas
Heating Forced Air
Parking Description Space/Unit - 1, Guest Parking, Parking Garage
Sewer Public Sewer
Tax Year 2022
Water Public
Lot Dimensions 180x263 ft

Community and Schools

Elementary School Avery Elem.
Junior High School Hixson Middle
Senior High School Webster Groves High

Price History of 763 Chamberlain Place, St Louis, MO

Date Name Price Difference
07/19/2023 Listing Price $5,244,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 763 Chamberlain Place, St Louis, MO

Location Map Street View Walk Score
Photo of Andrew Hittler
Direct: 314-560-3973
107 W Lockwood Ave
Webster Groves, MO 63119
Listed by The Agency, Anthony Klier
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

763 Chamberlain Place (MLS #23042850) is a multi-family listing located in St Louis, MO. This multi-family listing is on a lot of 74,488 sqft (or 1.71 acres) and is 63 years old. This property was listed on 07/19/2023 and has been priced for sale at $5,244,000.

Nearby zip codes are 63109, 63123, 63139, 63143 and 63144. This property neighbors other cities such as Affton, Brentwood, Maplewood, Shrewsbury and Webster Groves.


Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: The Agency

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