8942-8948 Eden Avenue, an updated 8-unit apartment building located in the highly desirable Affton submarket of St. Louis County. The property consists of eight spacious 2-bed/1-bath units, 6 of 8 units have been updated.
With current rents below market, the asset offers investors a clear path to immediate upside through mark-to-market rent growth. Affton continues to see strong renter demand driven by its central location, quality schools, and proximity to major employment corridors, providing long-term stability for ownership.
This is a turnkey, cash-flowing investment with proven renovations already completed, making it an attractive option for both local and out-of-state investors seeking durable returns and value-add potential.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Price Changed | $1,130,000 -1.74% | $165 | Salient Realty Group, LLC | |
| Listed For Sale | $1,150,000 | $168 | Salient Realty Group, LLC |
| Year | Annual Amount | Description |
|---|---|---|
| 2024 | $10,378 |
Elementary School Mesnier Primary School. | 0.4 miles away | KG - 02 | |
High School Affton High | 0.6 miles away | 09 - 12 | |
Middle School Gotsch Intermediate School. | 0.8 miles away | 03 - 05 |