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Property Description
Welcome to Chevelle Apartments! Exceptional opportunity to acquire a well-maintained 32-unit apartment community comprised of eight (8) four-family brick buildings on approximately 1.07 acres. The property is currently 28 of 32 units occupied, with ownership actively leasing the remaining vacancies. Based on the current asking price and the reported 2025 Net Operating Income of $165,953, the property offers an approximate 8.3% CAP rate. Units rent for $850/month. The complex consists of spacious 2-bedroom, 1-bath units, with the majority featuring beautiful hardwood floors or luxury vinyl plank flooring. Plumbing has been updated, and the owner has continually invested in the property's mechanical systems over the years, resulting in a well-maintained asset with strong long-term ownership. Residents enjoy coin-operated laundry facilities conveniently located on-site, as well as an on-site management office with a restroom located in the lower level of one of the buildings. The parking lot and retaining walls are in excellent condition, reflecting the pride of ownership throughout the property. The community maintains a no-pets policy, has predominantly non-smoking residents, and offers a clean, professionally managed environment. Units include ranges and refrigerators; dishwashers are not installed, helping minimize maintenance and replacement costs. **No owner financing available.** **Do not disturb tenants.** Showings are by appointment only with the listing agent after proof of funds or lender pre-approval.
Full Property Details
Full Property Details for 245 Chambers Rd
General
- Price: $2,000,000
- Taxes: $29,292 (2025)
- Status: Active
- Type: Single Family
- Source: MARIS
- MLS ID: 26045194
- Updated: 8/3/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, Kitchen/Dining Room Combo, Natural Woodwork, Pantry, Storage
- Appliances: Exhaust Fan, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater
Parking
- Parking Features: Asphalt, Common
Location
- Area: 31 - Riverview Gardens
- County: St. Louis
- Township: Riverview
- Subdivision: Riverview Gardens
- Cross Streets: Valley
- Driving Directions: GPS Friendly. Office is on the Front Left in Lower Level by Appointment Only.
School Information
- High School District: Riverview Gardens
- Elementary School: Glasgow Elem.
- Middle School: R. G. Central Middle
- High School: Riverview Gardens Sr. High
Community
- Units Assoc/Comm: 32
Heating & Cooling
- Cooling Type: Central Air Conditioning, Electric, Separate Meters
- Heating Type: Forced Air, Natural Gas
Utilities
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Apartment Style, Garden, Low-Rise (1 or 2 Stories), Traditional
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Storage Space, Unfinished
- Roof: Shingle
- Square Feet: 23,744
- Year Built: 1965
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 1.07
- Lot Size (Sq. Ft.): 46,609.2
- Lot Size Source: Public Records
- Frontage: City Street
- Street/Road Desc.: Asphalt, Concrete
- Lot Features: City Lot, Corner Lot, Few Trees, Level, Near Public Transit, Paved, Rectangular Lot
Financial Considerations
- Tax Amount: $29,292
- Tax Year: 2025
Disclosures and Reports
- Ownership: Private
- Special Conditions: Standard
- Legal Description: RIVERVIEW GARDENS LOT PTS 4 16 & 417
- Inclusions: Other - Contact Agent
- Disclosures/Reports: Flood Plain No
- Property ID: 11E-33-0061
Listed by Nettwork Global
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Schools
Schools serving 245 Chambers Rd
School District:Riverview Gardens School District
| Name | Grades | Distance |
|---|---|---|
Gibson Elementary School 9926 Fonda Dr, St. Louis, MO 63137 | K-5 | 1.4 mi |
R. G. Central Middle School 9800 Patricia Barkalow Dr, St. Louis, MO 63137 | 6-8 | 1.7 mi |
Riverview Gardens Sr. High School 1218 Shepley Dr, St. Louis, MO 63137 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 245 Chambers Rd
Date
Details
Price
Change
Source
8/03/2026
Listed
$2,000,000
—
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 245 Chambers Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$20,589
—
$307,720
56%
2024
$20,589
1%
$197,510
—
2023
$20,308
-9%
$197,510
—
2021
$22,420
-1%
$197,410
14%
2022
$22,624
1%
$172,900
-2%
2021
$22,420
12%
$176,620
—
2019
$19,971
17%
$176,620
24%
2018
$17,045
4%
$142,880
-10%
2017
$16,434
-4%
$158,160
-22%
2016
$17,102
-25%
$201,990
—
2015
$22,879
30%
$201,990
24%
2013
$17,656
—
$163,080
—
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 245 Chambers Rd
245 Chambers Road, Riverview, MO 63137 (MLS# 26045194) is a Single Family property with 0 bedrooms and 0 full bathrooms. 245 Chambers Road is currently listed for $2,000,000 and was received on August 03, 2026. Want to learn more about 245 Chambers Road? Do you have questions about finding other Single Family real estate for sale in Riverview? You can browse all Riverview real estate or contact a Coldwell Banker agent to request more information.

