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$1,895,000
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Property Description
Incredible opportunity to purchase the Greenwood Apartments in Maplewood, MO to qualified investors. The property consists of 24, 1 bd/1 bth units. This opportunity has great upside potential by bringing rents to market rate and making cosmetic updates. In place rents are well below market with an average upside of $193. 15/24 units have been updated with new flooring and some updates to the bathrooms. There is potential to finish renovating the remaining units and to also incorporate in-unit laundry, which would add even higher rent potential.
Full Property Details
Full Property Details for 3704 Greenwood
General
- Price: $1,895,000
- Taxes: $16,475 (2024)
- Status: Active
- Type: Commercial Multi-Family
- Source: MARIS
- MLS ID: 24076340
- Updated: 2/3/2025
- Added to Site: 53 day(s) ago
Rental Information
- Lease/Rent Term: Leases, Month To Month
Parking
- Parking Features: Space/Unit - 1
Location
- Area: Maplewood-Rchmnd Hts
- County: St Louis
- Township: Maplewood
- Subdivision: Greenwood
- Driving Directions: GPS
School Information
- School District: Maplewood-Richmond Heights
- High School District: Maplewood-Richmond Heights
- Elementary School: Mrh Early Childhood Center
- Middle School: Mrh Middle
- High School: Maplewood-Richmond Hgts. High
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Baseboard
- Heating Fuel: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Year Built: 1971
Lot Features
- Lot Dimensions: 120 x 143
Financial Considerations
- Tax Amount: $16,475
- Tax Year: 2024
- Terms: Cash Only, Conventional
- Tenant Pays: Electricity
Disclosures and Reports
- Special Conditions: None
- Inclusions: Building & Land
- Disclosures/Reports: Unknown, Sellers Discl Not Av
- Property ID: 22J-53-1233
Listed by Salient Realty Group, LLC
Get Pre-Approved Today
Schools
Schools serving 3704 Greenwood
School District:Maplewood-Richmond Heights School District
Rating | Name | Grades | Distance |
---|---|---|---|
Mrh Early Childhood Center
2801 Oakland Ave, Maplewood, MO 63143 | PK-2 | 0.5 mi | |
1800 Princeton Pl, Richmond Hts, MO 63117 | 3-6 | 1.4 mi | |
7539 Manchester Rd, Maplewood, MO 63143 | 9-12 | 0.7 mi | |
7539 Manchester Rd, Maplewood, MO 63143 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3704 Greenwood
Date
Details
Price
Change
Source
1/16/2025
Price Reduced
$1,895,000
-5.01%
MLS
12/16/2024
Listed
$1,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3704 Greenwood
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,476
1%
$202,200
—
2023
$16,346
4%
$202,200
11%
2022
$15,730
1%
$182,970
—
2021
$15,607
-5%
$182,970
-11%
2019
$16,394
6%
$204,760
32%
2018
$15,413
2%
$155,710
—
2017
$15,124
—
$155,710
4%
2016
$15,139
6%
$149,830
—
2015
$14,286
7%
$149,830
3%
2013
$13,295
—
$145,120
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3704 Greenwood
3704 Greenwood, Maplewood, MO 63143 (MLS# 24076340) is a Commercial Multi-Family property. 3704 Greenwood is currently listed for $1,895,000 and was received on December 16, 2024. Want to learn more about 3704 Greenwood? Do you have questions about finding other Commercial Multi-Family real estate for sale in Maplewood? You can browse all Maplewood real estate or contact a Coldwell Banker agent to request more information.