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$ 799,500
Est. payment /mo
Active
2223 Benton TER St Louis, MO 63139
3,750 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,750 sqft
Price per Sqft $213
Subdivision Kreikenbaum Add
MLS Listing ID 26022282
Style Historic
Year Built 1902
Lot Size 6,076 Sqft
Acres 0.1395
Property Sub-Type 2-4 Units
Property Description
2223–2225 Benton Terrace presents a rare opportunity to acquire a fully renovated 4-family property in the heart of DOGTOWN, one of St. Louis' most desirable and walkable neighborhoods. This is a true turnkey asset, meaning all major renovations have already been completed, allowing a new owner to step in immediately without the need for additional work or capital expenditures.
The property consists of three 2-bedroom units and one 1-bedroom unit, all updated with modern finishes and highly attractive to today's renters . Each unit includes IN-UNIT LAUNDRY, central air, and updated systems, features that significantly reduce vacancy risk and support strong rental demand.
What makes this opportunity especially unique is its flexibility. For an owner occupant, one unit is currently vacant and ready for immediate move-in, allowing you to live in the property while the other three units generate income. The existing tenants are already producing approximately $4,395 per month, which can offset a substantial portion of your monthly mortgage. In simple terms, this allows you to live in a fully renovated property in a prime location at a significantly reduced out-of-pocket cost compared to a traditional single-family home.
For investors, the property offers a clear and straightforward path to stabilization. Once the vacant unit is leased, the total projected rental income reaches $5,945 per month, or over $71,000 annually . With minimal ongoing maintenance needs and strong in-place rents, this creates a stable, income-producing asset in a high-demand rental corridor.
The location further enhances the long-term value of the investment. Situated just steps from Forest Park and within walking distance to Tamm Avenue, residents have easy access to some of the city's best restaurants, bars, and outdoor amenities. The property is also minutes from Washington University, BJC Hospital, Clayton, and major highways, making it highly attractive to students, medical professionals, and young professionals alike.
Whether you are looking to house hack your way into real estate ownership or acquire a stabilized, low-maintenance rental property, 2223–2225 Benton Terrace offers a rare combination of location, condition, and income potential that is difficult to find in today's market.
The property consists of three 2-bedroom units and one 1-bedroom unit, all updated with modern finishes and highly attractive to today's renters . Each unit includes IN-UNIT LAUNDRY, central air, and updated systems, features that significantly reduce vacancy risk and support strong rental demand.
What makes this opportunity especially unique is its flexibility. For an owner occupant, one unit is currently vacant and ready for immediate move-in, allowing you to live in the property while the other three units generate income. The existing tenants are already producing approximately $4,395 per month, which can offset a substantial portion of your monthly mortgage. In simple terms, this allows you to live in a fully renovated property in a prime location at a significantly reduced out-of-pocket cost compared to a traditional single-family home.
For investors, the property offers a clear and straightforward path to stabilization. Once the vacant unit is leased, the total projected rental income reaches $5,945 per month, or over $71,000 annually . With minimal ongoing maintenance needs and strong in-place rents, this creates a stable, income-producing asset in a high-demand rental corridor.
The location further enhances the long-term value of the investment. Situated just steps from Forest Park and within walking distance to Tamm Avenue, residents have easy access to some of the city's best restaurants, bars, and outdoor amenities. The property is also minutes from Washington University, BJC Hospital, Clayton, and major highways, making it highly attractive to students, medical professionals, and young professionals alike.
Whether you are looking to house hack your way into real estate ownership or acquire a stabilized, low-maintenance rental property, 2223–2225 Benton Terrace offers a rare combination of location, condition, and income potential that is difficult to find in today's market.
Location
State MO
County St Louis City
Area 3 - South City
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N No
Building
Story 2
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Mason Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA
Listing Terms 1031 Exchange, Cash, Conventional, FHA
Special Listing Condition Standard
Listed by Anthony Klier • The Agency