Commercial & Investment Real Estate Specialists
4 Bruce Drive
Florissant, MO, 63031
$2,375,000
Beds
32 Baths
8,379 SqFt
1.48 Acres
Add
MLS #MIS26013512 image #0
This offering presents a 32-unit multifamily investment opportunity in Florissant, Missouri, consisting of four eight-family buildings located at 4–16 Bruce Drive. Built in the 1960s, the property features one-bedroom units and is part of a larger seven-building apartment community that has undergone extensive renovations between 2023 and 2026 totaling more than $2.2 million in capital improvements. Updates include electrical system upgrades, central air installation, and modernization of building infrastructure. The property is currently 87.5% occupied and in lease-up, with rents positioned below market levels, creating a clear value-add opportunity as leases renew and units stabilize. Select units have been intentionally left vacant to accommodate showings. Market data indicates average rents of approximately $942 for comparable one-bedroom units within a three-mile radius, while nearby two-bedroom units average about $1,050 within one mile. Investors may acquire the 32-unit one-bedroom portfolio for $2,375,000 ($74,218 per unit) or purchase the entire 44-unit complex for $3,500,000 ($79,545 per unit), which also includes four four-family buildings with two-bedroom units located within the same cul-de-sac. The seller plans to deliver the property 90% occupied. Additional property features include pitched roofs, spacious common areas, ample off-street parking, and washer/dryer hookups in units with the potential to add shared laundry facilities for additional income. The property is conveniently located minutes from Lambert International Airport and major employers such as Boeing and Amazon, with nearby land planned for future city park development.

Property Details

Price:
$2,375,000
MLS #:
MIS26013512
Status:
Active
Beds:
0
Baths:
32
Type:
Multi Family
Subtype:
2-4 Units
Subdivision:
Meadow Park Apts
Neighborhood:
48hazelwoodwest
Listed Date:
Mar 16, 2026
Finished Sq Ft:
8,379
Lot Size:
64,251 sqft / 1.48 acres (approx)
Year Built:
1963
Traditional48 – Hazelwood West48hazelwoodwestMeadow Park AptsHazelwoodMcnair Elem.Northwest MiddleHazelwood West High

Ask a Question

See this Listing

Send
  

Schools

School District:
Hazelwood
Elementary School:
Mcnair Elem.
Middle School:
Northwest Middle
High School:
Hazelwood West High

Interior

Cooling
Central Air
Heating
Forced Air

Exterior

Architectural Style
Traditional
Construction Materials
Brick

Financial

Net Operating Income
$128,440
Tax Year
2025
Taxes
$20,168

Map

Community

Market Summary

Current real estate data for Multi Family in Florissant as of Apr 24, 2026
7
Multi Family Listed
51
Avg DOM
118
Avg $ / SqFt
$890,557
Avg List Price

Property Summary

    Located in the Meadow Park Apts subdivision, 4 Bruce Drive Florissant MO is a Multi Family for sale in Florissant, MO, 63031. It is listed for $2,375,000 To schedule a showing of MLS#mis26013512 at 4 Bruce Drive in Florissant, MO, contact your Realty Exchange agent at (314) 647-2220.

Similar Listings Nearby

broker reciprocity
MLS# MIS26003800broker reciprocity
7300 N Hanley Road
Hazelwood, MO

$2,900,000

1.5 miles away

broker reciprocity
MLS# MIS25078645broker reciprocity
233 Northport Hills Drive
Florissant, MO

$2,300,000

3.3 miles away

broker reciprocity
MLS# MIS26009021broker reciprocity
7412-7418 Olian Drive
Hazelwood, MO

$1,900,000

0.9 miles away

4 Bruce Drive
Florissant, MO

Reset password

Enter your email address and we will send you a link to change your password.

Get started with your account

to save your favorite properties and more

Sign up with email

Get started with your account

to save your favorite properties and more

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy