1133 Talmage AvenueSt Louis, MO 63110
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Opportunity to acquire an updated three-family asset in The Grove, one of St. Louis’ most desirable central corridor neighborhoods. Located near Forest Park, the Missouri Botanical Garden, Cortex, Barnes-Jewish Hospital, and the shops, restaurants, and nightlife along Manchester Avenue, 1133 Talmage offers strong rental appeal with both owner-occupant and investor upside. The 4,164 square foot building includes a spacious, converted three-bedroom, two-bath townhome unit with more than 2,000 square feet, plus two large one-bedroom, one-bath units, each offering more than 1,000 square feet. The townhome unit is currently vacant, making it an ideal option for an owner-occupant looking to live in one unit while the existing tenants help offset the mortgage. The two one-bedroom units are occupied by long-term month-to-month tenants at below-market rents of $1,110 and $995 per month, creating a clear opportunity to increase income over time. Nearby rental comparables show similar one-bedroom units averaging approximately $1,625 within a 1.5-mile radius, while comparable three-bedroom units average approximately $2,342 within a 3-mile radius. The building features updated kitchens, some stainless steel appliances, updated bathrooms, fireplaces, central air, hardwood floors, in-unit washers and dryers, a partially fenced backyard, patio space, and balconies for the upper-floor units. With a desirable location, large unit layouts, existing rental income, and a vacant owner-occupant-ready townhome, 1133 Talmage offers a strong combination of stability and upside in The Grove.
| 4 weeks ago | Listing updated with changes from the MLS® | |
| 4 weeks ago | Listing first seen on site |
Based on information submitted to the MLS GRID as of 2026-07-19 05:41 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.