Karol Plawsky
REALTOR®, GRI, e-PRO, SFR
BEDS0
BATHS
SQUARE FEET10,424
MLS#26017482
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCity Commons
SCHOOLSt Louis City
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Forced Air, Natural Gas
Home Style: Traditional
Lot Size: 0.17 Acres
Taxes: $5,375
Year Built: 1914
Feature Descriptions
Days on Site: 3
Exterior: Brick
Parcel#: 1326-00-0030-0
SQFT. Above Grade: 10424
Units: 8
Water: Public
Local Schools
High School: Vashon High
Middle School: Fanning Middle Community Ed.
Elementary School: Sigel Elem. Comm. Ed. Center
School District: St Louis City
Listed By / Shown By
Listed By
Agency Name: STL Smart Realty
Shown By
Agent Name: Karol Plawsky
Agent Phone: (314) 497-0033
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 8,196.66 per month $7,354.99 Principal & Interest $447.92 Property Tax $393.75 Homeowner's InsuranceChange Payment Information
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1722-28 Waverly Place | MLS# 26017482
This multi-family property located at 1722-28 Waverly Place , Saint Louis, MO 63104 is currently listed for sale with an asking price of $1,350,000. 1722-28 Waverly Place is located within the St Louis City school district. Search Saint Louis real estate on www.karolplawsky.com today.