Discover this prime investment opportunity in St. Louis's vibrant Grove neighborhood (Forest Park Southeast): a 2-building multi-family portfolio. Spanning 0.25 acres on a hard corner at Vandeventer and Sarah St, the site features a partially occupied 2,400 SF 2-family building on 0.11 acres (currently generating rental income, with units like a renovated 1-bed/1-bath listed at $1,195/month) and an adjacent long-vacant 3,308 SF 4-family building on 0.15 acres ready for full rehab-totaling 5,708 SF and 6 units with strong upside potential for value-add investors. Positioned at the planned signalized crossing for the Tower Grove Connector, a 1.8-mile protected cycle track (under construction, with Phase 1 along Vandeventer and Tower Grove Ave connecting to Tower Grove Park, and Phase 2 linking to the Brickline Greenway at Cortex MetroLink by summer/fall 2026), this location promises enhanced accessibility, foot and bike traffic, and connectivity to key destinations like the Cortex innovation district, Forest Park, and Missouri Botanical Garden. Surrounded by popular spots such as Urban Chestnut Grove, Rockwell Beer Co., Grace Meat + Three, Beast BBQ, Seoul Taco, and Serendipity Ice Cream, the property benefits from The Grove's bustling entertainment district, high visibility, and ongoing revitalization-ideal for residential redevelopment or mixed-use potential in an Opportunity Zone. This is a portion of a larger portfolio, all located off of Vandeventer. Call or text for additional information.
| MLS # | 26006708 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 274 |
| Listing Provided By | Rivers Realty | Jay Rios |
| SQ Feet | 2,400 |
|---|---|
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Units | 6 |
| Building(s) | 2 |
| Acreage | 0.25 |
| Cooling | Central Air |
|---|---|
| Heating | Forced Air |
| Appliances | Cooktop, Dishwasher, Microwave, Refrigerator, Washer/Dryer Stacked |
| Construction Materials | Brick |
|---|---|
| Lot Features | Corner Lot, Infill Lot, Level |
| Garage Yes / No | Yes |
|---|---|
| Attached Garage Yes / No | No |
| Parking Features | Detached, On Site, Oversized, Parking Lot |
| Senior Community Yes / No | No |
|---|
| Utilities | Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Connected |
|---|---|
| Electric | Ameren |
| Property | 262 |
|---|
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63110 |
| Area | South City |
| Community Name | McRee City Add |
| School District | Roosevelt High |
| Elementary School | Adams Elem. |
| High School | Roosevelt High |
| Listing VS Median (in McRee City Add) | |
Price: $895,000 low | high Med: $895,000 sqft: 2,400 low | high Med: 2,400 $ / sqft: $373 low | high Med: $373 On site: 274 low | high Med: 274 | |
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63110 |
| Area | South City |
| Community Name | McRee City Add |
| School District | Roosevelt High |
| Elementary School | Adams Elem. |
| High School | Roosevelt High |
| Listing VS Median (in McRee City Add) | |
Price: $895,000 low | high Med: $895,000 sqft: 2,400 low | high Med: 2,400 $ / sqft: $373 low | high Med: $373 On site: 274 low | high Med: 274 | |