7389 Maple AVE Maplewood, MO 63143 New

UPDATED: 05/21/2026 04:10 PM ON MARKET: 6 days on market

$3,300,000

19,872 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Active

Purchase Type For Sale

Square Footage 19,872 sqft

Price per Sqft $166

Subdivision Maplewood

MLS Listing ID 26031656

Style Apartment Style

Year Built 1928

Annual Tax Amount $26,930

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type 5 Family or More

Property Description

7389 Maple Avenue in Maplewood, MO presents a compelling, turn-key 24-Unit multifamily investment opportunity featuring a diverse unit mix of spacious studio and one-bedroom apartments that appeal to a broad renter base. The property has been thoughtfully updated to achieve rent premiums and is supported by strong historical occupancy, currently at 95.8%, providing immediate cash flow and operational stability. Located within a highly desirable area boasting exceptional 3-mile demographics—average household income of $134,501 and average home values of $413,704—the asset also benefits from placement in the top-ranked Maplewood-Richmond Heights School District (Top 13% nationwide, #13 in Missouri). As an infill property in one of St. Louis' most sought-after inner-ring suburbs, residents enjoy proximity to established infrastructure, amenities, and a central location that continues to drive consistent tenant demand. With limited new supply in the immediate area and strong underlying fundamentals supporting long-term occupancy and rent growth, this offering is further enhanced by pricing well below replacement cost, making it an attractive opportunity for both yield and appreciation.