7389 Maple Ave, Maplewood, MO 63143

$3,300,000
19,872
SqFt

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List Price
$3,300,000
Status
ACTIVE
Days on Market
72
MLS#
26031656
Subtype
Residential Income
Style
Apartment
Year Built
1928
Living Area
19,872
Lot Size
9,147
Acres
0.21
Subdivision
Maplewood
Neighborhood
Maplewood
MLS Area Major
Maplewood

Property Description

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.

Additional Information

Taxes
$26,930
Property Description
Apartment
Air Conditioning
Central Air
Levels
Three Or More
School District
Maplewood-Richmond Heights
Elementary School
Mrh Elementary
Middle School
Mrh Middle
High School
Maplewood-Richmond Hgts. High

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Courtesy of CBRE 314-655-6000

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