4504 Arsenal St

4504 Arsenal Street, St. Louis, MO 63116

Property Information

  • For Sale $450,000
  • Property Type Multi-Family
  • Property Size 5,162 SF
  • Units 4
  • Lot Size 0.11 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1912
  • Date Updated May 4, 2026

Description

Situated along the northern edge of Tower Grove South at 4504 Arsenal Street, this four-unit multifamily property enjoys an enviable position directly across from Tower Grove Park — a 289-acre National Historic Landmark that draws over 2.5 million visitors annually with its Victorian pavilions, seven miles of trails, weekly farmers' market, and free St. Louis Symphony concerts. Tower Grove South is widely regarded as one of the city's most vibrant and beloved neighborhoods, celebrated for its diverse community, historic brick architecture, and progressive, creative energy. With 77.7% of its housing stock built before 1939, the neighborhood ranks in the top 0.5% nationally for historic housing concentration, lending the streetscape an authenticity that resonates with today's renters and buyers alike. The property's location provides outstanding access to the region's largest employment centers. BJC HealthCare and Washington University Medical Center — home to more than 30,000 employees — sit approximately three miles north, while Saint Louis University is just two miles northeast and the Cortex Innovation District, a 200-acre technology hub supporting over 5,000 jobs, lies roughly 2.5 miles north. The forthcoming $18 million Tower Grove Connector, a protected cycle track linking Tower Grove Park to Cortex as part of the broader Brickline Greenway, broke ground in June 2025 and will further strengthen commuter connectivity and neighborhood desirability upon its expected 2026 completion. Interstate access is equally convenient, with I-44 approximately one mile north and I-55 roughly two miles east. Daily life here is defined by walkability and culinary richness. The South Grand International District, one of St. Louis' most acclaimed dining corridors, lines the neighborhood's eastern boundary with Thai, Vietnamese, Ethiopian, and Middle Eastern restaurants spanning six vibrant blocks, while the Morganford Road corridor offers locally owned bars, breweries, and shops to the west. The Missouri Botanical Garden, a 79-acre National Historic Landmark, is just half a mile northwest. With a median household income of $61,433, average rents higher than 70.5% of Missouri neighborhoods, and a steady pipeline of new investment — including multiple mixed-use and affordable housing developments along Morgan Ford Road — Tower Grove South offers investors a compelling combination of proven rental demand, rising incomes, and sustained neighborhood reinvestment.

Highlights

  • $775K Comparable | Smaller Updated Building Nearby
  • 3 Miles to BJC HealthCare | 30,000+ Employees
  • 4-Unit Multifamily | South City Submarket
  • Directly Across Tower Grove Park | 289-Acre Historic Landmark
  • Heavy Value-Add | $1,550 Average Market Rents
  • Historic Tax Credit Eligible | Additional Return Enhancement
  • Mostly Vacant | Immediate Renovation Opportunity
  • Recent Cap-Ex | New Roof, Gutters, Deck

Contacts

Garen Lafser

Salient Realty Group

Location

Located at 4504 Arsenal Street, St. Louis, MO 63116, this property is part of the Tower Grove South neighborhood and St Louis market.

Contact Listing Broker
Garen Lafser

Salient Realty Group

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