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801 W Walnut Street, 
Park Hills, MO 63601

$1,500,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Jordan Schoen

Matt Guignon

Invest St. Louis

Last updated:

July 24, 2025, 03:07 PM

MLS#

25050621

Source:

MO MARIS

About This Home

801 W Walnut Street

The Cedar Ridge Apartments offer an excellent opportunity for investors seeking stable cash flow, strong returns, and minimal management hassle just outside of St. Louis. This 16-unit community is spread across four well-maintained buildings in Desloge, Missouri, and is consistently fully leased and easy to operate. The building features 2 bedroom units with in unit laundry, all the units have their own porches. The apartments also have central air with mini splits, and there are detached storage units for the apartments on site. With significantly lower expenses for taxes, insurance, and utilities compared to similar properties in the city, this asset stands out for its efficiency and profitability. Located in unincorporated St. Francois County, the property benefits from a landlord-friendly environment with low taxes, minimal red tape with no occupancy inspections. Projected rents of up to $1,000 per unit offer immediate income potential and long-term upside. Whether you're expanding your portfolio or looking for a low-maintenance investment, Cedar Ridge Apartments delivers dependable performance without the typical headaches.

Home Facts

Multi-Family

Built in 1997

Price Summary

1,500,000

MLS #:

25050621

Last Updated:

July 24, 2025, 03:07 PM


Structure

Structure

Architectural Style:

Apartment Style, Low/1-2

Year Built:

1997


Lot

Lot Size (Sq. Ft):

91,040


Finances & Disclosures

Finances

Price:

$1,500,000

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Copyright 2025 Mid America Regional Information Systems, Inc. Information from Third Parties, Deemed Reliable but Not Verified. Last Updated July 24, 2025

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