3508 Watson Rd

$850,000
Last Sold Price
—
Beds
—
Baths
13,092 Sq. Ft.
$65 / Sq. Ft.
13,092
Sq. Ft.
$65
per Sq. Ft.

Description

Don't miss the opportunity to own this 20 unit complex near the highly desirable St. Louis Hills neighborhood just blocks from Lindenwood and Tilles Park. Individual units are all electric, with hardwood floors throughout - making them easy to maintain and turn. Very stable tenant base with opportunity to raise rents. Market rents for the location are close to $600/mo. Building is within walking distance to public transportation, restaurants (J McArthur's, Trattoria Marcella, and Pietro's to name...Don't miss the opportunity to own this 20 unit complex near the highly desirable St. Louis Hills neighborhood just blocks from Lindenwood and Tilles Park. Individual units are all electric, with hardwood floors throughout - making them easy to maintain and turn. Very stable tenant base with opportunity to raise rents. Market rents for the location are close to $600/mo. Building is within walking distance to public transportation, restaurants (J McArthur's, Trattoria Marcella, and Pietro's to name a few), shopping and more. Building has a pitched roof, all brick construction, plenty of parking, and is a true "turn key" investment with upside potential.
  1. Listed by Brian Take • Apartment Advisors of America
  2. Listed by Michael Zangara • Apartment Advisors of America

Amenities

  • Hardwood Floors
  • Laundry in Building
  • Parking Included
  • Parking Lot
  • Wall Unit
LISTING UPDATED: 03/20/2017 01:00 PM

Property Details for 3508 Watson Road

StatusClosed
MLS #16082048
Days on Market71
Taxes$10,735 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family 5+
Year Built1951
Lot Size0.28 AC / 12,066 SF
CountySt. Louis Independent City

Location

Listing Courtesy of Apartment Advisors of America

Sold By Apartment Advisors of America

Add your commute

Building Information for 3508 Watson Road

Stories-Residences20Year Built1951Building Size-Lot Size0.28 AC / 12,066 SF

Payment Calculator

$5,095 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,200

Property Taxes

$895

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3508 Watson Road

Summary
Location and General Information
  • City: St Louis
  • County Or Parish: St Louis City
  • Directions: 44 to Hampton. Right on Watson. Building is on Left (between Potomac and Oleatha on Watson)
  • Latitude: 38.598859
  • Longitude: -90.299952
  • Location: Suburban
  • Postal Code: 63139
  • State Or Province: MO
  • Sub division Name: Southwest Park Add
  • Postal Code Plus 4: 2067
Taxes and HOA Information
  • List AOR: St. Louis Association of REALTOR
  • Parcel Number: 5999-00-0320-0
  • Tax Annual Amount: $10,735.00
  • Tax Year: 2016
Owner
  • Township: St. Louis City
Parking
  • Attached Garage: No
  • Parking Features: 1 Space/Unit, Guest Parking, Parking Lot
School Information
  • Elementary School: Mason Elem.
  • High School: Roosevelt High
  • High School District: St. Louis City
  • Middle Or Junior School: Long Middle Community Ed. Center
Property
Lot Information
  • Lot Size Acres: 0.277
  • Lot Size Dimensions: 105x115
  • Lot Size Source: County Records
  • Lot Size Square Feet: 12066.0
  • Property Sub Type: Multi-Family 5+
  • Builder Model: Low/1-2
  • Property Type: Commercial Sale
Property and Assessments
  • Above Grade Finished Area: 13092.0
  • Above Grade Finished Area Source: Public Records
  • Photos Count: 0
  • Videos Count: 0
  • Year Built: 1951
  • Disclosures: Unknown,No Other Known Restr
  • Age: 67
  • Construction Materials: Brick
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heat Source: Electric
  • Cooling: Wall Unit(s)
  • Heating: Dual
  • Heating YN: Yes
  • Laundry Features: Coin Operated, Common Laundry
Multi Family
Multi-Family Information
  • Number Of Units Total: 20
  • One Bed Unit Baths: 1 Per Unit
  • One Bed Unit Includes: 3 Rooms or Less,Refrigerator,Range/Oven
  • One Bed Unit Rent: 461
  • Bedroom number of Units: 20
  • TYPE: Apartment Complex,Apt Bldg/Interior En
Income & Expenses
  • Net Operating Income: $56,676.00
  • Total Expenses: 47712.00
Rental
Rent Information
  • Tenant Pays: Electricity, Trash Collection

Property History for 3508 Watson Road

DateEvent & SourcePriceAppreciation
Nov 30, 2025

Expired

MARIS #25023697

$1,895,000—
May 2, 2025

Listed (Active)

MARIS #25023697

$1,895,000—
Mar 10, 2017

Closed (Public Record)

Public Record #590053784

$850,000—
Mar 10, 2017

Closed

MARIS #16082048

$850,000—
Feb 14, 2017

Pending

MARIS #16082048

—
Dec 5, 2016

Listed (Active)

MARIS #16082048

$900,000—
DateEvent & SourcePrice
11/30/2025

Expired

MARIS #25023697

$1,895,000
05/02/2025

Listed (Active)

MARIS #25023697

$1,895,000
03/10/2017

Closed (Public Record)

Public Record #590053784

$850,000
03/10/2017

Closed

MARIS #16082048

$850,000
02/14/2017

Pending

MARIS #16082048

—
12/05/2016

Listed (Active)

MARIS #16082048

$900,000

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

Public Records for 3508 Watson Road

Taxable ValueLand$8,040Additions$199,410Total$207,450
Tax Record2025$16,983 ($1,415 / month)
Home Facts
Total Finished SqFt5,700 SqFtAbove Grade Finished SqFt5,700 SqFtStories2Lot Size12,075 SqFtStyleMulti-Family Res (5+ Units)Year Built1951ZoningFCountySAINT LOUIS CITYAPN599900-03200

Schools near 3508 Watson Road

This home is within St. Louis City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Mason Elementary School
PublicPK to 6

Long Middle Community Ed. Center
Public6 to 8

Roosevelt High School
Public9 to 12

Mallinckrodt A.G.I. Elementary School
PublicPK 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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Listing Courtesy of Apartment Advisors of America

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/31/2025 03:42 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.