7389 Maple Avenue
Maplewood, MO 63143
About
7389 Maple Avenue in Maplewood, MO presents a compelling, turn-key 24-Unit multifamily investment opportunity featuring a diverse unit mix of spacious studio and one-bedroom apartments that appeal to a broad renter base. The property has been thoughtfully updated to achieve rent premiums and is supported by strong historical occupancy, currently at 95.8%, providing immediate cash flow and operational stability. Located within a highly desirable area boasting exceptional 3-mile demographics—average household income of $134,501 and average home values of $413,704—the asset also benefits from placement in the top-ranked Maplewood-Richmond Heights School District (Top 13% nationwide, #13 in Missouri). As an infill property in one of St. Louis’ most sought-after inner-ring suburbs, residents enjoy proximity to established infrastructure, amenities, and a central location that continues to drive consistent tenant demand. With limited new supply in the immediate area and strong underlying fundamentals supporting long-term occupancy and rent growth, this offering is further enhanced by pricing well below replacement cost, making it an attractive opportunity for both yield and appreciation.
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1928
Sq.Footage
19,872
Features
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.21
-
Lot Size(square feet)
9,147
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Apartment Style
Price
-
Sales Price
$3,300,000
-
Tax Amount
$26,930
-
Sq. Footage
19,872
-
Price/SqFt
$166
HOA
-
Association
No
School District
-
Elementary School
Mrh Elementary
-
Middle School
Mrh Middle
-
High School
Maplewood-Richmond Hgts. High
Property Features
-
New Construction
NO
-
Senior Community YN
NO
Schedule
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Location
-
County
St. Louis
-
Elementary School
Mrh Elementary
-
Middle School
Mrh Middle
-
High School
Maplewood-Richmond Hgts. High
Listing Courtesy of Kenin Halilovic, CBRE
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Franko Agent
Agent Owner
Call Franko today to schedule a private showing.
Phone (815) 780-9623
Email franko+agent10@init.hr
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