BEDS0
BATHS
SQUARE FEET9,000
MLS#26066780
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONScullins Add
SCHOOLSt Louis City
Property Description
3119 Morganford Road is a 12-unit multifamily investment opportunity located in the highly desirable Tower Grove South neighborhood of St. Louis. This well-maintained property features all 1-bedroom/1-bathroom units and is currently 100% occupied, providing stable in-place cash flow from day one. Originally constructed in the 1960s, the building has been thoughtfully updated with modern finishes, including renovated units featuring stainless steel appliances, contemporary cabinetry, and in-unit washers and dryers. Residents benefit from off-street parking and immediate proximity to Tower Grove Park, neighborhood shopping, dining, public transportation, and major employment centers. Convenient access to I-44, Downtown St. Louis, and the broader metro area supports continued tenant demand. Strong occupancy history, proven South City location, and the potential for future revenue growth through strategic rent increases and operational efficiencies make this an attractive investment opportunity.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric, Forced Air
Home Style: Apartment Style, Low/1-2
Lot Size: 0.22 Acres
Roof Type: Flat
Taxes: $7,622
Year Built: 1962
Feature Descriptions
Days on Site: 1
Exterior: Brick
Parcel#: 5054-00-0170-0
Parking: Off Street
Parking Notes: Off Street
Units: 12
Local Schools
High School: Roosevelt High
Middle School: Long Middle Community Ed. Center
Elementary School: Mason Elem.
School District: St Louis City
Listed By / Shown By
Listed By
Agency Name: CBRE
Shown By
Agent Name: Michael Simon
Agent Phone: 314.757.9700
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 10,105.85 per month $8,989.43 Principal & Interest $635.17 Property Tax $481.25 Homeowner's InsuranceChange Payment Information
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3119 Morganford Road | MLS# 26066780
This multi-family property located at 3119 Morganford Road , Saint Louis, MO 63116 is currently listed for sale with an asking price of $1,650,000. Morganford Road is located within the St Louis City school district. Search Saint Louis real estate on www.simonsellsstl.com today.