1722-28 Waverly PL, St Louis, MO 63104
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1722-28 Waverly PL, St Louis, MO 63104
1722-28 Waverly PL, St Louis, MO 63104
1722-28 Waverly PL, St Louis, MO 63104
1722-28 Waverly PL, St Louis, MO 63104
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1722-28 Waverly PL St Louis, MO 63104

10,424 SqFt


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Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Active

Purchase Type For Sale

Square Footage 10,424 sqft

Price per Sqft $127

Subdivision City Commons

MLS Listing ID 26017482

Style Traditional

Year Built 1914

Annual Tax Amount $5,375

Lot Size 7,348 Sqft

Acres 0.1687

Property Sub-Type 5 Family or More

Property Description

Historic charm meets value-add opportunity in the heart of sought-after Lafayette Square. 1722 Waverly Place is a classic early 20th-century brick 8-unit apartment building featuring a diverse unit mix of five 1BR/1BA units, one 2BR/1BA, one 3BR/1BA, and one 2BR/2BA—appealing to a wide range of tenants.

Positioned in one of St. Louis' most desirable historic neighborhoods, this property offers immediate upside for investors through strategic renovations, enhanced finishes, and rental increases aligned with neighborhood demand. A detached garage presents additional income potential once improved—ideal for covered tenant parking or rentable storage.

Included in the sale is 1728 Waverly Place, a separately deeded adjacent vacant lot currently serving as green space for tenants. This rare offering opens the door to multiple value-enhancement possibilities, including expanded outdoor amenities, off-street parking (subject to neighborhood guidelines), or future development in an area known for strong new construction values.

Residents enjoy walkable access to Lafayette Square's renowned park, restaurants, and boutique shopping, reinforcing long-term tenant appeal and retention. Additional features include street parking, access to building systems, and potential for shared tenant storage.

A compelling opportunity to acquire a character-rich asset with multiple avenues for income growth in a premier historic district.

Location

State MO

County St Louis City

Area 2 - Central East

Rooms

Basement Full

Interior

Heating Forced Air, Natural Gas

Cooling Ceiling Fan(s), Central Air, Electric

Fireplace N

Exterior

Parking Features false

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

Private Pool false

Building

Water Public

Level or Stories Three Or More

Structure Type Brick

Schools

Elementary Schools Sigel Elem. Comm. Ed. Center

Middle Schools Fanning Middle Community Ed.

High Schools Vashon High

School District St. Louis City

Others

Ownership Private

Acceptable Financing 1031 Exchange, Cash, Conventional, Other, Private

Listing Terms 1031 Exchange, Cash, Conventional, Other, Private

Special Listing Condition Standard


Listed by Igal Alon • STL Smart Realty

NEARBY SCHOOLS & PROPERTIES

Jon Daugherty

Jon Daugherty

Broker | License ID: 475.207404

+1(618) 505-4306

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1722-28 Waverly PL