Commercial & Investment Real Estate Specialists
2902-2906 Cherokee Street #2902-2906
St Louis, MO, 63118
$650,000
Beds
0 Baths
7,112 SqFt
0.18 Acres
Add
MLS #MIS26009836 image #0
Well-positioned 6-family opportunity in a strong rental corridor with great exposure on Cherokee. This 7,000+ sqft property consists of six units each with consistent true 2 bed, 1 bath floorplans (no walkthrough bedrooms) supporting stable, long-term leasing. Each unit offers front and rear access, with covered porches overlooking a fenced in backyard.

Modern amenities include double pane windows, forced air heat and central AC throughout along with a NEW ROOF in ’26, two off-street parking spaces, and three separate basements providing laundry capability and options for tenant storage.

Projected rental performance is above the 1% rule, presenting compelling fundamentals on cash flow and long-term hold strategy.

Located just off Cherokee Street in South St. Louis, the property benefits from proximity to one of the city’s most active and culturally vibrant corridors, known for its retail, dining, and arts district.

Whether you’re an owner-occupant or seasoned investor, this income-oriented asset offers scale, simplicity, and durable upside for the disciplined investor.

Property Details

Price:
$650,000
MLS #:
MIS26009836
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
5 Family or More
Subdivision:
Cherokee Place Add
Neighborhood:
2centraleast
Listed Date:
Feb 21, 2026
Finished Sq Ft:
7,112
Lot Size:
7,680 sqft / 0.18 acres (approx)
Year Built:
1898
Traditional2 – Central East2centraleastCherokee Place AddSt. Louis CityFroebel Elem.Long Middle Community Ed. CenterRoosevelt HighTenant Occupied

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Schools

School District:
St. Louis City
Elementary School:
Froebel Elem.
Middle School:
Long Middle Community Ed. Center
High School:
Roosevelt High

Interior

Above Grade Finished Area
7112
Cooling
Central Air
Fireplaces Total
6
Heating
Electric, Forced Air, Natural Gas
Levels
Two

Exterior

Architectural Style
Traditional
Construction Materials
Stone
Fencing
Back Yard
Lot Features
Back Yard, Level
Parking Features
Concrete, Off Street, Parking Pad
Patio And Porch Features
Covered, Patio
Roof
Flat

Financial

Tax Year
2024
Taxes
$2,054

Map

Community

Market Summary

Current real estate data for Multi Family in St Louis as of Apr 18, 2026
368
Multi Family Listed
93
Avg DOM
100
Avg $ / SqFt
$440,442
Avg List Price

Property Summary

    Located in the Cherokee Place Add subdivision, 2902-2906 Cherokee Street #2902-2906 St Louis MO is a Multi Family for sale in St Louis, MO, 63118. It is listed for $650,000 To schedule a showing of MLS#mis26009836 at 2902-2906 Cherokee Street #2902-2906 in St Louis, MO, contact your Realty Exchange agent at (314) 647-2220.

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