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7389 Maple Avenue

Maplewood, MO 63143
$3,300,000
Photo of 7389 Maple Avenue Maplewood MO 63143

Details

7389 Maple Avenue in Maplewood, MO presents a compelling, turn-key 24-Unit multifamily investment opportunity featuring a diverse unit mix of spacious studio and one-bedroom apartments that appeal to a broad renter base. The property has been thoughtfully updated to achieve rent premiums and is supported by strong historical occupancy, currently at 95.8%, providing immediate cash flow and operational stability. Located within a highly desirable area boasting exceptional 3-mile demographics—average household income of $134,501 and average home values of $413,704—the asset also benefits from placement in the top-ranked Maplewood-Richmond Heights School District (Top 13% nationwide, #13 in Missouri). As an infill property in one of St. Louis’ most sought-after inner-ring suburbs, residents enjoy proximity to established infrastructure, amenities, and a central location that continues to drive consistent tenant demand. With limited new supply in the immediate area and strong underlying fundamentals supporting long-term occupancy and rent growth, this offering is further enhanced by pricing well below replacement cost, making it an attractive opportunity for both yield and appreciation.

Specs

Type Residential Income
Style 3+ Story
Total Living Area 19,872 sqft
Lot Size 0.21 acres
Year Built 1928
Taxes Paid $26,930

Lots & Building Features

Architecture Apartment Style
Construction Brick
Cooling Central Air
Tax Year 2025
Taxes Paid $26,930

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Financing

$
20%
0.81606060606061%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City Maplewood
County St. Louis
School District Maplewood-Richmond Heights
Subdivision Maplewood

Schools

Elementary School Mrh Elementary
Junior High School Mrh Middle
Senior High School Maplewood-Richmond Hgts. High
Kenin Halilovic & Matt Bukhshtaber, CBRE