Commercial & Investment Real Estate Specialists
4 Bruce Drive
Florissant, MO, 63031
$1,995,000
Beds
32 Baths
8,379 SqFt
1.48 Acres
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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 $1.6 million in capital improvements. Updates include electrical system upgrades, central air installation, and modernization of building infrastructure. The property is currently 93% occupied, 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. Additional property features include pitched roofs, spacious common areas, ample off-street parking, and washer/dryer hookups in each building, 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. The property has a shared maintenance agreement with the 3 four families in the cul de sac, with control of the budget and vendors. It covers exterior common areas, landscaping, lawn care, snow removal, parking, and shared electric. Costs are split by unit count, with the 32 units responsible for 72.73% of shared costs across the 44 total units.

Property Details

Price:
$1,995,000
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

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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

Subdivisions in Florissant

Market Summary

Current real estate data for Multi Family in Florissant as of Aug 06, 2026
6
Multi Family Listed
115
Avg DOM
131
Avg $ / SqFt
$850,833
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 $1,995,000 To schedule a showing of MLS#mis26013512 at 4 Bruce Drive in Florissant, MO, contact your Realty Exchange agent at (314) 647-2220.

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