Sold
Last Sold Price
11,655 sqft$61/sqft
4448 Morgan Ford Rd, St. Louis, MO 63116
Multi FamilyProperty Type
0.35 acresLot Size
1962Year Built
$61/sq ftPrice per sq ft

Description

Here's your opportunity to own a well run and very well maintained complex in south city. Besides the building the property features a large nicely landscaped side yard for the tenants' enjoyment. A P&L is attached but covers only part of last year, when our company took over management. We can continue to manage, or you can or have another PM company do it. We have intentionally waited to sign new leases in anticipation of the sale, as there is room for increases! 12 units total, 6- 2bedroom units...Here's your opportunity to own a well run and very well maintained complex in south city. Besides the building the property features a large nicely landscaped side yard for the tenants' enjoyment. A P&L is attached but covers only part of last year, when our company took over management. We can continue to manage, or you can or have another PM company do it. We have intentionally waited to sign new leases in anticipation of the sale, as there is room for increases! 12 units total, 6- 2bedroom units and 6 -1 bedroom units, each have 1 bath
We have left 2 apartments vacant for showings and your own tenants:
a 1 Bedroom unit J which is approx 384sq feet
and a 2 bedroom unit L which is approx 750 sq feet
Basement coin operated laundry
2 car garage only with additional income of $25.00 each garage
9 off street parking spaces. We prefer to accompany your showing; however, we have put a lockbox on for your convenience.
  • Listed by: Jaymes Dearing 314.351.4099 jdearing@resourcestlouis.com • RE Source, LLC
  • Listed by: Amanda Benson 314.203.6290 amandabenson.agent@gmail.com • RE Source, LLC
Listing closed: 04/16/2021 12:00 AM • Source: MARIS, MLS#: 21013907

Location

Listing Courtesy of RE Source, LLC

Sold By The Hermann London Group LLC

Add your commute

Payment Calculator

$4,092 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,695

Property Taxes

$397

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4448 Morgan Ford Road

Property Details
Building Information
  • Residences: 12
  • Year Built: 1962
  • Lot Size: 0.35 AC / 15,115 SF
Summary
Location and General Information
  • City: St Louis
  • County Or Parish: St Louis City
  • Location: City
  • Neighborhood: Bevo Mill
  • Postal Code: 63116
  • State Or Province: MO
  • Sub division Name: Newport Place Add
  • Postal Code Plus 4: 1572
Taxes and HOA Information
  • List AOR: St. Louis Association of REALTOR
  • Prop Asses City Tax: 1
  • Parcel Number: 5328-00-0660-0
  • Tax Annual Amount: $4,763.00
  • Tax Legal Description: CB 5328 MORGANFORD RD 52.88 FT /87.60 FT X 1RREG NEWPORT PL ADDN LOTS 2-3- E-1 NE-4
  • Tax Year: 2020
Owner
  • Township: St. Louis City
Parking
  • Attached Garage: No
  • Parking Features: 1 Space/Unit, Other, Parking Lot, Unassigned
School Information
  • Elementary School: Oak Hill 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: 0.347
  • Lot Size Dimensions: 53' x 88'
  • Lot Size Source: County Records
  • Lot Size Square Feet: 15115.0
  • Lot Number: 2
  • Property Condition: None
  • Property Sub Type: Multi-Family 5+
  • Builder Model: Low/1-2
  • Property Type: Commercial Sale
Property and Assessments
  • Above Grade Finished Area: 11655.0
  • Above Grade Finished Area Source: Public Records
  • Documents Count: 2
  • Photos Count: 32
  • Videos Count: 0
  • Year Built: 1962
  • Disclosures: Unknown, City, Sellers Discl Not Av
  • Age: 59
  • Construction Materials: Brick, Brk/Stn Veneer Frnt
  • BuyerFinancing: Conventional
  • OccupantType: Tenant
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Association Amenities: Some Balc/Some Terrc, Recreation Facilities
Interior Features
  • Heat Source: Gas
  • Cable Available: 1
  • Cooling: Electric
  • Heating: Forced Air
  • Heating YN: Yes
  • Laundry Features: Coin Operated, Common Laundry
  • Interior Misc: Drapes/Blinds
Multi Family
Multi-Family Information
  • Number Of Units Total: 12
  • One Bed Unit Baths: 1 Per Unit
  • One Bed Unit Includes: 3 Rooms or Less
  • One Bed Unit Rent: 575
  • Bedroom number of Units: 6
  • TYPE: Apartment Complex,Apt Bldg/Exterior En
  • Two Bed Unit Baths: 1 Per Unit
  • Two Bed Unit Includes: 5 Rooms
  • Two Bed Unit Rent: 675
  • Two Bed Unit Units: 6
  • Three Bed Unit Units: 0
Income & Expenses
  • Net Operating Income: $60,000.00
  • Total Expenses: 12000.00
Rental
Rent Information
  • Sub Lease: 0
  • Tenant Pays: Cable TV, Electricity, Gas, Other

Property History for 4448 Morgan Ford Road

DateEvent & SourcePriceAppreciation
Apr 16, 2021

Closed (Public Record)

Public Record #1459117681

$715,000—
Apr 16, 2021

Closed

MARIS #21013907

$715,000—
Apr 15, 2021

Pending

MARIS #21013907

—
DateEvent & SourcePrice
04/16/2021

Closed (Public Record)

Public Record #1459117681

$715,000
04/16/2021

Closed

MARIS #21013907

$715,000
04/15/2021

Pending

MARIS #21013907

—

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

Public Records for 4448 Morgan Ford Road

Taxable ValueLand$7,900Additions$102,620Total$110,520
Tax Record2025$9,048 ($754 / month)
Home Facts
Total Finished SqFt7,770 SqFtAbove Grade Finished SqFt7,770 SqFtStories1Lot Size15,109 SqFtStyleMulti-Family Dwelling (2-4)Year Built1962Year Renovated1962ZoningFCountySAINT LOUIS CITYAPN5328-00-0660-0

Schools near 4448 Morgan Ford Road

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

Long Middle Community Ed. Center
Public6 to 8

Roosevelt High School
Public9 to 12

Kennard/Classical Jr. Academy
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 RE Source, LLC

Based on information submitted to the MLS GRID as of 04/20/2021 02:54 PM. 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.