2 beds1 bath23,744 sqft$84/sqft
245 Chambers Rd, Riverview, MO 63137
Est: $12,607/moGet pre-approved

Description

Welcome to Chevelle Apartments! Exceptional opportunity to acquire a well-maintained 32-unit apartment community comprised of eight (8) four-family brick buildings on approximately 1.07 acres. The property is currently 28 of 32 units occupied, with ownership actively leasing the remaining vacancies. Based on the current asking price and the reported 2025 Net Operating Income of $165,953, the property offers an approximate 8.3% CAP rate. Units rent for $850/month. The complex consists of spacious...Welcome to Chevelle Apartments! Exceptional opportunity to acquire a well-maintained 32-unit apartment community comprised of eight (8) four-family brick buildings on approximately 1.07 acres. The property is currently 28 of 32 units occupied, with ownership actively leasing the remaining vacancies. Based on the current asking price and the reported 2025 Net Operating Income of $165,953, the property offers an approximate 8.3% CAP rate. Units rent for $850/month. The complex consists of spacious 2-bedroom, 1-bath units, with the majority featuring beautiful hardwood floors or luxury vinyl plank flooring. Plumbing has been updated, and the owner has continually invested in the property's mechanical systems over the years, resulting in a well-maintained asset with strong long-term ownership. Residents enjoy coin-operated laundry facilities conveniently located on-site, as well as an on-site management office with a restroom located in the lower level of one of the buildings. The parking lot and retaining walls are in excellent condition, reflecting the pride of ownership throughout the property. The community maintains a no-pets policy, has predominantly non-smoking residents, and offers a clean, professionally managed environment. Units include ranges and refrigerators; dishwashers are not installed, helping minimize maintenance and replacement costs. No owner financing available. Do not disturb tenants. Showings are by appointment only with the listing agent after proof of funds or lender pre-approval.
LISTING UPDATED: 08/03/2026 02:31 AM

  1. Listed by Jessica Vargas • Nettwork Global
    P: (636)-734-3797 C: (636)-734-3797 jessica@midrivershomes.com

Property Details for 245 Chambers Road

Status
MLS #
26045194
Days on Market
1
Taxes
$29,292 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / 5 Family or More
Year Built
1965
Lot Size
1.07 AC / 46,609 SF
Architectural Style
Apartment Style, Garden, Low/1-2, Traditional
Waterfront
No
Cross Street
Valley

Location

Listing Courtesy of Nettwork Global
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Building Information for 245 Chambers Road

Stories-Residences32Year Built1965Building Size-Lot Size1.07 AC / 46,609 SF

Payment Calculator

$12,607 per month

30 year fixed, 6.55% Interest

Principal and Interest

$10,166

Property Taxes

$2,441

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 245 Chambers Road

Summary
Location and General Information
  • City: Riverview
  • County Or Parish: St. Louis
  • Directions: GPS Friendly. Office is on the Front Left in Lower Level by Appointment Only.
  • Latitude: 38.748165
  • Longitude: -90.207339
  • Postal Code: 63137
  • State Or Province: MO
  • Sub division Name: Riverview Gardens
Taxes and HOA Information
  • List AOR: St. Charles County Association of REALTORS
  • Parcel Number: 11E-33-0061
  • Tax Annual Amount: $29,292.00
  • Tax Legal Description: RIVERVIEW GARDENS LOT PTS 4 16 & 417
  • Tax Year: 2025
  • AssociationYN: No
Owner
  • Township: Riverview
Parking
  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: Asphalt, Common
  • Parking Total: 40.0
School Information
  • Elementary School: Glasgow Elem.
  • High School: Riverview Gardens Sr. High
  • High School District: Riverview Gardens
  • Middle Or Junior School: R. G. Central Middle
Property
Lot Information
  • Living Area: 23744.0
  • Lot Features: City Lot, Corner Lot, Few Trees, Level, Near Public Transit, Paved, Rectangular Lot
  • Lot Size Acres: 1.07
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 46609.2
  • Other Structures: None
  • Property Condition: Updated/Remodeled
  • Property Sub Type: 5 Family or More
  • Property Type: Residential Income
Property and Assessments
  • Above Grade Finished Area: 23552.0
  • Above Grade Finished Area Source: Estimated
  • Below Grade Finished Area: 192.0
  • Below Grade Finished Area Source: Estimated
  • Documents Count: 0
  • Photos Count: 67
  • Year Built: 1965
  • Disclosures: Flood Plain No
  • Construction Materials: Brick
  • Ownership Type: Private
  • NewConstructionYN: No
  • StructureType: Apartment Building
  • LeaseConsideredYN: No
  • OccupantType: Tenant
  • SeniorCommunityYN: No
  • NumberOfUnitsLeased: 28
Utilities
  • Electric: Ameren
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: Other, Security
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Concrete
  • Roof: Shingle
  • Pool Private: No
  • ExteriorFeatures: Lighting
  • MIS_PoolYN: No
  • FoundationDetails: Concrete Perimeter
  • NumberOfBuildings: 8
Interior Features
  • Appliances: Exhaust Fan, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater
  • Basement: Full, Interior Entry, Storage Space, Unfinished
  • Basement YN: Yes
  • Levels: Two
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bedrooms Total: 0
  • Cooling: Central Air, Electric, Separate Meters
  • Fireplace: No
  • Heating: Forced Air, Natural Gas
  • Interior Features: Eat-in Kitchen, Kitchen/Dining Room Combo, Natural Woodwork, Pantry, Storage
  • Laundry Features: Common Area, See Remarks
  • Window Features: Aluminum Frames, Blinds, Screens
  • LivingAreaSource: Estimated
  • MIS_MainAndUpperLevelBedrooms: 0
  • MIS_MainAndUpperLevelBathrooms: 0
  • SecurityFeatures: Closed Circuit Camera(s)
Multi Family
Multi-Family Information
  • Number Of Units In Community: 32
  • Number Of Units Total: 32
Income & Expenses
  • Net Operating Income: $165,953.00
Unit 1
  • UnitType Beds Total: 2.0

Property History for 245 Chambers Road

DateEvent & SourcePriceAppreciation
Aug 3, 2026

Listed (Active)

MARIS #26045194

$2,000,000
May 25, 2018

Closed (Public Record)

Public Record #623990439

$855,000
May 25, 2018

Closed

MARIS #18048615

$855,000
DateEvent & SourcePrice
08/03/2026

Listed (Active)

MARIS #26045194

$2,000,000
05/25/2018

Closed (Public Record)

Public Record #623990439

$855,000
05/25/2018

Closed

MARIS #18048615

$855,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 245 Chambers Road

Taxable ValueLand$60,800Additions$246,920Total$307,720
Tax Record2024$20,589 ($1,716 / month)
Home Facts
Baths1Total Finished SqFt25,920 SqFtAbove Grade Finished SqFt25,920 SqFtStories1Lot Size46,609 SqFtStyleMulti-Family Res (5+ Units)Year Built1965Year Renovated1965ZoningPC&RCountyST. LOUISAPN11E-33-0061

Schools near 245 Chambers Road

This home is within Riverview Gardens School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Highland Elementary School
PublicK to 5

R. G. Central Middle School
Public6 to 8

Riverview Gardens Sr. High School
Public9 to 12

Glasgow Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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245 Chambers Road is a multi-family home for sale in Riverview, MO 63137. This property was listed for sale on August 3, 2026 by Nettwork Global, it's currently listed at $2,000,000. It has been on the market for a total of 1 days and was last sold on May 25, 2018. This listing's school district is Riverview Gardens School District. Nearby schools include Highland Elementary School, R. G. Central Middle School and Riverview Gardens Sr. High School. 245 Chambers Road is a 2-bed, 1-bath, 23,744 sqft multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nettwork Global

Based on information submitted to the MLS GRID as of 08/03/2026 02:31 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.