3530 Utah, St Louis, MO 63118
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3530 Utah, St Louis, MO 63118
3530 Utah, St Louis, MO 63118
3530 Utah, St Louis, MO 63118
3530 Utah, St Louis, MO 63118
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Mandy McGuire

Mandy McGuire

+1(618) 558-1350
$ 3,595,000
Est. payment /mo
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3530 Utah St Louis, MO 63118

17,131 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Active

Purchase Type For Sale

Square Footage 17,131 sqft

Price per Sqft $209

Subdivision La Maison

MLS Listing ID 26004323

Style Historic

Year Built 1905

Lot Size 0.460 Acres

Acres 0.46

Property Sub-Type 5 Family or More

Property Description

The La Maison apartments, located at 3530 Utah Street, the property presents a unique investment in a meticulously restored historic schoolhouse in Tower Grove East. This boutique-style building features a variety of floor plans, including studio, one-bedroom, and two-bedroom units, many of which offer high-demand loft-style layouts. Each apartment is finished with premium finishes, including quartz countertops, custom cabinetry, stainless steel appliances, and original hardwood flooring. The architectural integrity of the building is preserved through soaring ceilings and oversized windows that provide significant natural light. Historic details, such as original built-in bookshelves and vintage chalkboards in select units, offer a distinct character that differentiates this property from standard modern developments.

La Maison presents immediate upside through rent growth and operational efficiencies. The current in-place average rents trail market by ~$275/unit/month, allowing a clear path to increasing cash flow through unit turnover and improved management. Comparable renovated units in the area support the proforma rent assumptions.

Situated near Tower Grove Park, South Grand Retail, SLU Medical and close to Downtown St. Louis, La Maison has significant upside with strong rental demand. La Maison provides an opportunity to acquire a well located asset with income, growth and long term appreciation potential.

Location

State MO

County St Louis City

Area 2 - Central East

Interior

Heating Forced Air

Cooling Central Air

Flooring Hardwood

Fireplace N

Laundry In Unit

Exterior

Fence Fenced

View Y/N No

Private Pool false

Building

Level or Stories Three Or More

Structure Type Brick

Schools

Elementary Schools Froebel Elem.

Middle Schools Fanning Middle Community Ed.

High Schools Roosevelt High

School District St. Louis City

Others

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Listed by Timothy McCarthy • Salient Realty Group, LLC

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Mandy McGuire

Mandy McGuire

+1(618) 558-1350

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3530 Utah