Jamie Perkins
REALTOR®, SRES
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BEDS0
BATHS
SQUARE FEET7,112
MLS#26009836
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCherokee Place Add
SCHOOLSt Louis City
Property Description
Well-positioned 6-family opportunity in a strong rental corridor with great exposure on Cherokee. This 7,000+ sqft property consists of six units each with consistent true 2 bed, 1 bath floorplans (no walkthrough bedrooms) supporting stable, long-term leasing. Each unit offers front and rear access, with covered porches overlooking a fenced in backyard.Modern amenities include double pane windows, forced air heat and central AC throughout along with a NEW ROOF in '26, two off-street parking spaces, and three separate basements providing laundry capability and options for tenant storage.Projected rental performance is above the 1% rule, presenting compelling fundamentals on cash flow and long-term hold strategy.Located just off Cherokee Street in South St. Louis, the property benefits from proximity to one of the city's most active and culturally vibrant corridors, known for its retail, dining, and arts district. Whether you're an owner-occupant or seasoned investor, this income-oriented asset offers scale, simplicity, and durable upside for the disciplined investor.
Property Features
Property Type: Multi Unit - Multiple
Basement: Concrete, Dirt Floor, Unfinished
Basement: Yes
Cooling: Central Air
Heating: Electric, Forced Air, Natural Gas
Home Style: Traditional
Lot Size: 0.18 Acres
Roof Type: Flat
Taxes: $2,054
Year Built: 1898
Feature Descriptions
Days on Site: 99
Exterior: Stone
Fencing: Back Yard
Fireplace: Decorative
Lot: Back Yard, Level
Parcel#: 1576-00-0240-0
Parking: Concrete, Off Street, Parking Pad
Parking Notes: Concrete, Off Street, Parking Pad
SQFT. Above Grade: 7112
Water: Public
Local Schools
High School: Roosevelt High
Middle School: Long Middle Community Ed. Center
Elementary School: Froebel Elem.
School District: St Louis City
Listed By / Shown By
Listed By
Agency Name: Worth Clark Realty
Shown By
Agent Name: Jamie Perkins
Agent Phone: 636.675.5758
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 3,902.04 per month $3,541.29 Principal & Interest $171.17 Property Tax $189.58 Homeowner's InsuranceChange Payment Information
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2902-2906 Cherokee Street | MLS# 26009836
This multi-family property located at 2902-2906 Cherokee Street, Saint Louis, MO 63118 is currently listed for sale with an asking price of $650,000. 2902-2906 Cherokee Street is located within the St Louis City school district. Search Saint Louis real estate on www.jamieperkinshomes.com today.