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2902-2906 Cherokee Street

St Louis, MO 63118

Property Overview
Price: $650,000
City: St Louis
County: St Louis City
Sale/Lease: Sale
Status: Active
MLS Number: 26009836
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.
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Featured Agent
Daun Gooding Holdmeyer
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Listing Brokered by Worth Clark Realty
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