Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    8820.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air, Varies by Unit

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Other Exterior Features

    Balcony

  • Parking

    Open, Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.234

  • Lot Size(square feet)

    10184.0

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Mid-Rise 3or4 Story

Price

  • Sales Price

    $1,275,000

  • Tax Amount

    $7,844

  • Sq. Footage

    8, 820

  • Price/SqFt

    $144

HOA

  • Association

    No

School District

  • Elementary School

    Hamilton Elem. Community Ed.

  • Middle School

    Yeatman-Liddell Middle School

  • High School

    Sumner High

Property Features

  • Ownership

    Private

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

St Louis City-MO

Elementary School

Hamilton Elem. Community Ed.

Middle School

Yeatman-Liddell Middle School

High School

Sumner High

Listing Courtesy of Paul T Weiss , Rothschild Management, LLC

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Rarely available 8 unit gem of a building in Debaliviere.  7 of the 8 units are rented so there is immediate income at closing.  Current leases have tenants paying ALL utilities (including be billed back for water, sewer & trash) so expenses are minimal.  Property is perfect for a condo conversion, income appreciation with judicious updates when unit become vacant, or just rented out as-is with the over abundance of qualified renters that want to be in this super desirable location.   The location of being three buildings east of New City School gives the piece of mind that the immediate area will continue to appreciate in value, safety, and image.

5151 Waterman Boulevard

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Related Properties

Price reduced
A rare commercial partnership opportunity inside one of St. Louis’s most distinctive properties: Songa Studios St. Louis, in the historic Fleur-de-Lys mansion in Compton Heights.

We are assembling a small group of commercial partners to operate and grow a one-of-a-kind cultural venue and event destination. Ideal partners include:

— Wedding & event planning businesses with an established book of business for weddings, corporate events, and private functions.
— Catering operations ready to anchor a premier event venue.
— Real estate development partners — architects, builders, developers — to help build an artist-in-residence compound in the backyard.
— A wellness partner to manage the lower level, with plans for an upscale musical wellness center in the spirit of Palm Health, weaving live music into the wellness experience.

We lean toward partners who, beyond their professional craft, practice a creative art of their own — music, film, painting, or the wellness arts.

The entire property is linked in real time — wireless microphones and cameras, full two-way audio and video across all three levels — operating as a live television studio where music is improvised with the audience, not performed at it, featuring top St. Louis musicians of all ages alongside the city’s cultural patrons.

True creators create for silence, not applause. Artists art for that feeling, that silence. Have you ever felt that silence — that wonder, awe, and grace, when artistic beauty quiets the room? We call that feeling Songa. When you invite true artists into your life, pay them well and let go of creative control, they will make your life everything you hoped for — and nothing you could have dreamed. We are lighting a fire to call St. Louis talent home from LA, Broadway, Nashville, Miami, Austin, Denver, and Boulder.

The mansion offers eight bedrooms, seven baths, gracious formal entertaining spaces, two full culinary kitchens, a two-room live studio with isolated drum booth and Whisper Room™ vocal booth, and a private garden setting with patios, fountains, and a detached two-car garage — flexibility for income-producing hospitality, retreats, wellness, and creative events. A chance to help build a cultural institution to rival the City Museum.
#26024036

St Louis

3500 Russell Boulevard

None Beds

None Baths

7,223 Sq.Ft.

$1,095,000

MLS#: 26024036

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.
#26017482

St Louis

1722-28 Waverly Place

None Beds

None Baths

10,424 Sq.Ft.

$1,325,000

MLS#: 26017482

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