Rock Island Realty

Traditional

1722-28 Waverly Place

St Louis , MO 63104

MLS#: 26017482

$1,350,000

Status: Active
Listing number: 26017482
Listing provided by: STL Smart Realty
Listing agent phone: None
Last update: 8 days ago
On site: 8 days ago
Browse Properties
City Commons - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1914

Sq.Footage

10,424

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    10424.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1687

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Traditional

Price

  • Sales Price

    $1,350,000

  • Tax Amount

    $5,375

  • Sq. Footage

    10, 424

  • Price/SqFt

    $129

HOA

  • Association

    No

School District

  • Elementary School

    Sigel Elem. Comm. Ed. Center

  • Middle School

    Fanning Middle Community Ed.

  • High School

    Vashon High

Property Features

  • Ownership

    Private

  • Senior Community YN

    NO

  • Water Source

    Public

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Location

County

St Louis City

Elementary School

Sigel Elem. Comm. Ed. Center

Middle School

Fanning Middle Community Ed.

High School

Vashon High

Listing Courtesy of Igal Alon , STL Smart Realty

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(573) 480-8130

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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.

1722-28 Waverly Place

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