Commercial & Investment Real Estate Specialists
2111 Bellevue Avenue
Maplewood, MO, 63143
$6,900,000
Beds
1 Baths
14,921 SqFt
0.95 Acres
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MLS #MIS26050164 image #0
Bellevue Heights is a rare value-add opportunity at scale, sixty one-bedroom units across two solid 1972 buildings on a single 1.9-acre parcel in the heart of Maplewood. The heavy lifting is already underway. Thirty-six of the sixty units are renovated, thirteen lease-ready with final inspections passed and the balance being finished by the seller before closing, while the twenty-four classic units remain fully occupied, so the buyer inherits a scoped finish-and-fill business plan rather than an open-ended construction project. The renovated units live like new construction, with bright, open kitchen-and-living layouts, wide wood-look plank flooring, crisp white shaker cabinetry, stone-look counters, and full stainless steel appliance packages including refrigerator, range, dishwasher, and microwave, paired with clean modern baths and generous natural light throughout, and they are proven at $945 per month. Offered at $6,900,000, or $115,000 per unit, reflecting a 7.70% cap rate on the fully-rented roll underwritten to actual expenses, with $531,174 of net operating income. And the setting only strengthens the story. Maplewood is one of the most beloved and walkable neighborhoods in St. Louis, and the property sits just a block from the Manchester Road and Sutton Boulevard district, the first Green Dining District in the nation, lined with independent restaurants, coffee houses, boutiques, and a Saturday farmers market, with Schlafly Bottleworks and world-ranked Side Project Brewing around the corner. It is central to everything that drives St. Louis rental demand, minutes from the Clayton business district, Forest Park and The Muny, Washington University, and the BJC and Cortex medical-research corridor, with the Maplewood-Manchester MetroLink station and Highway 44 access close at hand, and top-rated Maplewood-Richmond Heights schools adding a genuine ten-out-of-ten demand driver. Offering Memorandum available. Shown by appointment.

Property Details

Price:
$6,900,000
MLS #:
MIS26050164
Status:
Active
Beds:
0
Baths:
1
Type:
Multi Family
Subtype:
5 Family or More
Subdivision:
Bellevue Place
Neighborhood:
241maplewoodrchmndhts
Listed Date:
Aug 5, 2026
Finished Sq Ft:
14,921
Lot Size:
41,382 sqft / 0.95 acres (approx)
Year Built:
1972
Apartment Style241 – Maplewood-rchmnd Hts241maplewoodrchmndhtsBellevue PlaceMaplewood-richmond HeightsMrh ElementaryMrh MiddleMaplewood-richmond Hgts. High

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Schools

School District:
Maplewood-Richmond Heights
Elementary School:
Mrh Elementary
Middle School:
Mrh Middle
High School:
Maplewood-Richmond Hgts. High

Interior

Cooling
Wall/Window Unit(s)

Exterior

Architectural Style
Apartment Style
Construction Materials
Brick

Financial

Tax Year
2025
Taxes
$31,483

Map

Community

Market Summary

Current real estate data for Multi Family in Maplewood as of Aug 06, 2026
4
Multi Family Listed
72
Avg DOM
248
Avg $ / SqFt
$3,831,250
Avg List Price

Property Summary

    Located in the Bellevue Place subdivision, 2111 Bellevue Avenue Maplewood MO is a Multi Family for sale in Maplewood, MO, 63143. It is listed for $6,900,000 To schedule a showing of MLS#mis26050164 at 2111 Bellevue Avenue in Maplewood, MO, contact your Realty Exchange agent at (314) 647-2220.

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2111 Bellevue Avenue
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