1817-1819 Thurman Ave

Highlights:

• Updated Historic Building in Shaw
• Great Floor Plans w/ Large Units (1,193 SF)
• Highly Walkable Neighborhood
• In-Unit Laundry, Updated Electric & Plumbing
• Perfect for Investors or Owner Occupants (House Hack)

Description:

1817-19 Thurman Ave is a beautifully maintained four-family apartment building nestled in the heart of St. Louis' coveted Shaw neighborhood. This property offers an exceptional opportunity for investors or owner-occupants looking to capitalize on the area's strong rental demand and vibrant community. Just blocks from Tower Grove Park and across the street from Sasha's on Shaw, this property is surrounded by local eateries, shops, and cultural attractions, providing tenants with an unparalleled lifestyle.

The units are updated and all have in-unit laundry. All units are large (1,200 SF) 2 bd / 1 ba. The building's electrical and plumbing have all been updated as well. Current rents for the building are $1,315 per unit. With some minor updates, rents can be raised closer to $1,500/mo.

This opportunity is perfect for investors or owner occupants looking to house hack. In place rents are strong but have plenty of room to be raised.


Only blocks from Tower Grove Park and across the street from Sasha's on Shaw, this property is surrounded by local eateries, shops, and cultural attractions, providing tenants with an unparalleled lifestyle.

Just minutes from downtown St. Louis, the building benefits from excellent connectivity to major employment centers, universities like Washington University, Saint Louis University, Harris-Stowe State University, Barnes Jewish Hospital, Wells Fargo, and many others.

With St. Louis's strong job market in healthcare, education, and technology, this property stands as a promising investment with potential for steady rental income and appreciation.

Why Invest Here?

- Cultural Richness: St. Louis’s cultural heritage adds value, attracting a diverse tenant pool interested in living in a city with history, arts, and sports.

- Affordability: St. Louis is known for its cost-effective living, which can lead to higher rental yields compared to other major cities.

-Community: The Shaw Neighborhood is very community-oriented that supports tenant retention and community engagement, essential for long-term rental stability.

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