5239 Alaska Ave

Immerse yourself in the charm of the surrounding neighborhood of the property in Saint Louis, MO. Located in a bustling community, this area provides convenient access to a wealth of attractions, perfect for enticing potential residents. Embrace the nearby landmarks such as the iconic Gateway Arch, Busch Stadium, and Forest Park, while enjoying a diverse array of dining, shopping, and entertainment options. With its proximity to cultural institutions, parks, and recreational facilities, this locale offers an exceptional opportunity for multifamily and high-rise investors seeking to capitalize on the dynamic allure of Saint Louis.Value-add 4-family opportunity in a strong South City rental pocket! Fully vacant and ready for its next chapter, 5239 Alaska gives a new owner the flexibility to begin renovations and lease-up immediately. The property sits on a large corner lot on a quiet, tree-lined street immediately adjacent to St. Cecilia Catholic School, with a large rear parking pad providing valuable off-street parking. Straightforward updates could position the units for approximately $850–$900/month in rent, making this an excellent BRRRR, buy-and-hold, or value-add rental opportunity. Enjoy classic South City living with plenty of greenspace nearby at Holly Hills and Carondelet Park, plus neighborhood favorites including Chimichanga’s Mexican Restaurant, Stellar Hog BBQ, and St. Cecilia’s famous fish fry. Great combination of location, rental potential, parking, and immediate upside. Available individually or as part of a package with 5211 Louisiana.