Value-add investment opportunity in South St. Louis featuring four large units with recent capital improvements and significant rental upside.

Property Highlights:

• Four large 850 SF units (3,400 SF total)
• New roof
• Updated heating systems
• Updated electrical panels
• PVC waste stacks
• Moderate cosmetic updates throughout

Investment Overview:

• List Price: $355,000 ($88,750/unit)
• Market rent: $950/unit
• Stabilized Cap Rate: 9%
• Current rents well below market
• Strong upside potential through rent optimization

This 4-unit building at 4934 Eichelberger Street offers investors the combination of completed infrastructure improvements and immediate opportunity to increase rental income to market rates. The spacious 850 SF units and updated building systems provide a solid foundation for value creation.