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4048 Giles Avenue

St Louis, MO 63116

$475,000

0 beds · 0 baths · 5,282 sq ft

Listing office: Realty Exchange

4048 Giles Avenue

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About this home

Exceptional opportunity to acquire a well-maintained 8-unit multifamily asset in the South City submarket of St. Louis. The property consists entirely of eight true 1-bedroom, 1-bathroom units, providing a highly sought-after unit mix that appeals to a broad tenant base and promotes consistent occupancy. Significant capital improvements have recently been completed, creating a strong foundation for future ownership. Two units have undergone extensive renovations and feature central air conditioning, offering immediate rental upside and a proven blueprint for future value-add improvements throughout the remaining units. In May 2026, ownership installed eight brand-new furnaces, ensuring reliable heating systems across the entire property and minimizing near-term maintenance concerns. Additionally, the property's electrical services were upgraded in May 2026, providing enhanced infrastructure and peace of mind for investors. Further enhancing the income potential, the property features an attached four-car garage with dedicated parking spaces. New ownership has the opportunity to generate additional revenue through garage and parking rentals, creating an attractive supplemental income stream beyond apartment rents.

Home facts

Bedrooms
0
Bathrooms
0
Living area
5,282 sq ft
Lot size
0.129 acres
Property type
Residential Income · 5 Family or More
Year built
1928
Subdivision
Grand Blvd Park Add
Days on market
128
Listed on
Jun 17, 2026
Listing office:
Realty Exchange, 314-647-2220
Listing agent:
Tyler Schwartz
MLS number:
26036804

Presented by Narrative Real Estate, 314-480-5353, jess@jessicaberchtold.com

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MARIS data last updated at October 24, 2026 at 4:15 AM CDT.

Information from third parties, deemed reliable but not verified. All data is obtained from various sources and may not have been verified by the broker or the MLS. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting the information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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