Benton Street Apartments

1936-52 & 1939-45 Benton Street, St. Louis, MO 63106

  • For Sale $1,150,000
  • Property Type Multi-Family
  • Property Size 34,308 SF
  • Units 24
  • Year Built 1890
  • Year Renovated 2013
  • Date Updated Aug 4, 2025
Benton Street Apartments are centrally located in the historic St. Louis Place neighborhood, offering convenient access to major transportation routes and urban amenities. Positioned just minutes from I-70 and I-44, residents benefit from easy connectivity to downtown St. Louis, the Central West End, and regional employment hubs. The property is located less than 2 miles from the new NGA West Headquarters, a major federal investment in the area, and is also close to the revitalized North Riverfront and the popular City Foundry STL.The Benton Street Apartments are a 24-unit multifamily asset in St. Louis City in walking distance to the new NGA West Headquarters. This historic brick row-style property was completed renovated in April of 2013 and offers a classic architectural presence with updated interiors, in-unit laundry hook ups, updated appliances, updated flooring, kitchens, and more. With close proximity to Downtown, major highways, public transit, and key redevelopment zones, Benton Street Apartments are well positioned for long-term appreciation and consistent cash flow. Ideal for investors seeking scale and value in an emerging urban corridor. The current rent roll totals $17,690 which includes two vacant units and two down units. This allows investors to raise occupancy and renovate the two down units to increase cash flow significantly. With the current rent roll annualized and T12 expenses, the property is performing at a 12.80% cap rate which offers incredibly strong returns with great upside potential. Please reach out to the brokers with any questions.
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Highlights

  • 12.80% Cap Rate w/ In Place RR & T12 Expenses
  • 24 Multifamily Units Fully Renovated in 2013
  • Mix of 1 Bd / 1Ba, 1 Bd / 1.5 Ba and 2 Bd / 1.5 Ba Units
  • Very Strong In-Place Performance w/ Significant Upside
  • Walkable to the Brand New NGA Campus

Contacts

broker
Garen Lafser

Salient Realty Group

Location

Getting Around

  • Walk Score ®

    48/100 Car-Dependent

  • Transit Score ®

    42/100 Some Transit

  • Bike Score ®

    56/100 Bikeable
Powered by Walk Score ®
  • City St. Louis, MO
  • Neighborhood St. Louis Place
  • Zip Code 63106
  • Market St Louis

Points of Interest

  • Union Station - Stair Access

    1.49 miles

  • Union Station - Elevator Access

    1.50 miles

  • Union Station

    1.50 miles

  • 8th & Pine

    1.53 miles

  • St. Louis - Gateway Station

    1.66 miles

  • Forest Park - DeBaliviere Metrolink

    4.43 miles

  • Missouri History Museum/Forest Park

    4.45 miles

  • The Wild Station

    4.69 miles

  • Discovery Corner Station

    4.82 miles

  • Delmar Loop Metrolink

    4.94 miles

  • Phillips 66

    0.99 miles

  • Shell

    1.10 miles

  • BP

    1.11 miles

  • Mobil

    1.15 miles

  • ChargePoint

    1.38 miles

  • Crown

    1.57 miles

  • EV Connect

    1.66 miles

  • Energy Express Travel Center

    1.74 miles

  • Tesla Supercharger

    3.64 miles

  • EVgo Charging Station

    3.85 miles

  • Butler Die CO lot

    0.93 miles

  • Moon Bros Parking

    0.94 miles

  • Tucker Cole lot

    0.97 miles

  • 14th MLK Lot

    0.97 miles

  • 18th Lucas lot

    0.98 miles

  • 14th Delmar Lot

    0.98 miles

  • St. Louis Auto Park

    1.02 miles

  • 15th Lucas lot

    1.05 miles

  • Schlafly Tap Room Lot

    1.11 miles

  • Cole lot

    1.16 miles

  • Days Inn by Wyndham Downtown St. Louis

    0.72 miles

  • The Last Hotel STL

    1.06 miles

  • Grand Motel

    1.07 miles

  • Guest Host Motel

    1.12 miles

  • 21c Museum Hotel St Louis

    1.15 miles

  • Holiday Inn St. Louis

    1.20 miles

  • Tru

    1.21 miles

  • Home2 Suites

    1.22 miles

  • Pear Tree Inn Union Station

    1.27 miles

  • Courtyard St. Louis Downtown/Convention Center

    1.31 miles

  • Crown Candy Kitchen

    0.37 miles

  • White Castle

    0.50 miles

  • Domino's

    0.74 miles

  • McDonald's

    0.88 miles

  • Cornerstone Cafe

    0.90 miles

  • Freddie G's Chicken and Waffle

    0.92 miles

  • Mother's Fish

    1.07 miles

  • Schlafly Tap room

    1.10 miles

  • Medina Grill

    1.11 miles

  • Popeyes

    1.13 miles

  • Jackson Elementary School (disused)

    0.27 miles

  • Blewett Middle School

    0.28 miles

  • Jefferson Elementary School

    0.50 miles

  • Confluence Academy

    0.56 miles

  • Ames Visual and Performing Arts Elementary School

    0.57 miles

  • Webster Elementary School

    0.59 miles

  • Samuel Shepard Jr. Gateway Educational Park

    0.62 miles

  • Gateway Elementary School

    0.63 miles

  • Gateway Middle School

    0.67 miles

  • Curtis School

    0.72 miles

  • Kim's Kids

    1.33 miles

  • Eternity Childcare

    1.76 miles

  • Childgarden Early Childhood Center

    2.64 miles

  • YWCA Head Start

    2.86 miles

  • Lambs Pride Day Care Center

    3.27 miles

  • Castleman Corner Day Care Center

    3.51 miles

  • Miss Patt's Daycare

    4.36 miles

  • Smart Start Learning Acadamy

    4.54 miles

  • Gravois Childcare Learning Center

    4.56 miles

  • Dumas Bi-Lingual Child Development Center

    4.87 miles

Frequently Asked Questions

How much does Benton Street Apartments cost?

The space currently listed for sale at Benton Street Apartments asks for $1,150,000.

What is the total square footage of Benton Street Apartments?

Benton Street Apartments totals 34,308 square feet.

When was this property built?

Benton Street Apartments was built in 1890.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Garen Lafser

Salient Realty Group

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