ST. LOUIS, MO 63113

 50** Lotus Ave, Saint Louis, MO 63113

Asking Price: $275,000 Estimated ARV: $620,000–$690,000 Projected Gross Rent: $4,000+/Month Closing: November 30th, 2026

Excellent multifamily investment opportunity in St. Louis, Missouri! This fully renovated 4-unit property offers approximately 4,632 SQFT of living space, featuring four spacious 3-bedroom, 1-bathroom units.

With two units already occupied and generating $2,000/month in rental income, plus active tenant applications for the remaining two units.

PROPERTY SNAPSHOT

• 4 Residential Units

• 3 Bedrooms / 1 Bathroom Per Unit

• 12 Bedrooms / 4 Bathrooms Total

• 4,632 SQFT

• Fully Renovated Multifamily Property

• 2 Units Currently Occupied

• 2 Vacant Units With Tenant Applications Pending

CONDITION & RECENT IMPROVEMENTS

• All Four Units Reportedly Fully Renovated

• Updated Interiors Throughout

• Two Units Currently Producing Rental Income

• Remaining Units Being Marketed for Occupancy

• Buyer to Verify Renovations, Major Systems & Unit Conditions

RENTAL INCOME POTENTIAL

Current Occupied Units:

Unit 1: $1,050/Month Unit 2: $950/Month

Current Gross Rental Income:

• $2,000/Month

• $24,000/Year

Projected Stabilized Rental Income:

Approximately $4,000+/Month Approximately $48,000+/Year

WHY INVESTORS SHOULD LOOK

$295K Asking vs. $620K–$690K Estimated ARV $325K–$395K Potential Gross Value Spread Before Costs Approximately $73,750 Per Unit Fully Renovated 4-Unit Property $2,000/Month Existing Gross Rental Income $4,000+/Month Projected Stabilized Gross Rent

INVESTOR TERMS

Asking: $275,000

Estimated ARV: $620,000–$690,000

Units: 4

Layout: Four 3BR / 1BA Units

Size: 4,632 SQFT

Condition: Fully Renovated (Reported)

Occupancy: 2 Occupied / 2 Vacant

Current Gross Rent: $2,000/Month

Projected Gross Rent: $4,000+/Month

Closing: November 30th, 2026

SUBMIT YOUR HIGHEST & BEST OFFER!

Disclosure: We are marketing our equitable interest in a Purchase and Sale Agreement. We are not the owners of the property, and this is not an offer to sell real estate. OfferProp participates in transactions as a principal, JV participant, or contractual interest holder where permitted. We do not act as a real estate broker, agent, or fiduciary unless expressly agreed in a separate, written, licensed brokerage agreement. Many opportunities involve assignment, novation, double closing, or other transfers of contractual rights or equitable interests, not the sale of real property by OfferProp LLC. Availability of services and required disclosures vary by state, property type, and transaction structure. No outcome, offer volume, pricing, or closing is guaranteed.