3725-41 Morganford RD, St Louis, MO 63116
3725-41 Morganford RD, St Louis, MO 63116
3725-41 Morganford RD, St Louis, MO 63116
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Kris Yoon

Kris Yoon

+1(314) 520-7980
$3,400,000
Est. payment /mo
29,600 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Active

Purchase Type For Sale

Square Footage 29,600 sqft

Price per Sqft $114

Subdivision Becks Tholozan Add

MLS Listing ID 26066809

Style Apartment Style

Year Built 1965

Lot Size 1.020 Acres

Acres 1.02

Property Sub-Type 5 Family or More

Property Description

Morganford Plaza Apartments is a 40-unit, garden-style multifamily community located in the highly desirable Tower Grove South neighborhood of South St. Louis. Situated on approximately 1.02 acres across five buildings, this 29,600-square-foot property was originally constructed in 1965 and substantially renovated in 2016. Recent capital improvements include newer TPO roofing systems, updated HVAC components, electrical panel upgrades, and replacement copper plumbing stacks, providing investors with a well-maintained asset and reducing near-term capital expenditure needs.

The Property offers a compelling value-add opportunity through continued interior unit renovations and strategic revenue growth initiatives while benefiting from established occupancy and strong underlying rental demand. Residents enjoy convenient access to Kingshighway Boulevard, Hampton Avenue, Chippewa Street, major transportation routes, employment centers, shopping, dining, and recreational amenities, including nearby Tower Grove Park.

Morganford Plaza represents a rare opportunity to acquire a well-positioned South City multifamily asset with a proven operating history, significant recent capital investment, and long-term upside in one of St. Louis' most sought-after rental submarkets. Property is being offered free and clear of existing financing.

Location

State MO

County St Louis City

Area 3 - South City

Rooms

Basement Concrete, Walk-Out Access

Interior

Cooling Central Air

Fireplace N

Exterior

Parking Features false

View Y/N No

Private Pool false

Building

Structure Type Brick

Schools

Elementary Schools Oak Hill Elem.

Middle Schools Long Middle Community Ed. Center

High Schools Roosevelt High

School District St. Louis City

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Matt Bukhshtaber • CBRE
Kris Yoon

"As a lifelong resident of St. Louis, local real estate investor and full time professional Realtor, I will provide unparalleled market knowledge, exceptional communication and a focus on your satisfaction."

+1(314) 520-7980

kris@homeinstlouis.com

St Louis, MO, USA

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3725-41 Morganford RD

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