Residential Income for Sale: 245 Chambers Road, Riverview, MO 63137

23,552 sqft
$2,000,000
$2,000,000
245 Chambers Road, Riverview, MO 63137
23,552 sqft
$2,000,000
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Price:
$2,000,000
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Type Residential Income
Style 2 Story
Total Living Area 23,744 sqft
Square Footage 23,552 sqft
Lot Size 1.07 acres
Year Built 1965
Taxes Paid $29,292
City Riverview
County St. Louis
School District Riverview Gardens
Subdivision Riverview Gardens
MLS 26045194
Status Active
DOM 42 days
Welcome to Chevelle Apartments! Exceptional opportunity to acquire a well-maintained 32-unit apartment community comprised of eight (8) four-family brick buildings on approximately 1.07 acres. The property is currently 28 of 32 units occupied, with ownership actively leasing the remaining vacancies. Based on the current asking price and the reported 2025 Net Operating Income of $165,953, the property offers an approximate 8.3% CAP rate. Units rent for $850/month. The complex consists of spacious 2-bedroom, 1-bath units, with the majority featuring beautiful hardwood floors or luxury vinyl plank flooring. Plumbing has been updated, and the owner has continually invested in the property's mechanical systems over the years, resulting in a well-maintained asset with strong long-term ownership. Residents enjoy coin-operated laundry facilities conveniently located on-site, as well as an on-site management office with a restroom located in the lower level of one of the buildings. The parking lot and retaining walls are in excellent condition, reflecting the pride of ownership throughout the property. The community maintains a no-pets policy, has predominantly non-smoking residents, and offers a clean, professionally managed environment. Units include ranges and refrigerators; dishwashers are not installed, helping minimize maintenance and replacement costs. **No owner financing available.** **Do not disturb tenants.** Showings are by appointment only with the listing agent after proof of funds or lender pre-approval.

Room Features

Basement Description Interior Entry, Storage Space, Unfinished, Full

Lot & Building Features

Appliances Free-Standing Gas Range, Free-Standing Refrigerator, Exhaust Fan, Gas Water Heater
Architecture Low/1-2, Garden, Apartment Style, Traditional
Construction Brick
Cooling Separate Meters, Electric, Central Air
Heating Natural Gas, Forced Air
Interior Decor Natural Woodwork, Storage, Kitchen/Dining Room Combo, Eat-in Kitchen, Pantry
Parking Description Common, Asphalt
Tax Year 2025
Taxes Paid $29,292
Water Public
Windows And Doors Aluminum Frames, Screens, Blinds

Community and Schools

Elementary School Glasgow Elem.
Junior High School R. G. Central Middle
Senior High School Riverview Gardens Sr. High

Price History of 245 Chambers Road, Riverview, MO

Date Name Price Difference
08/03/2026 Listing Price $2,000,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 245 Chambers Road, Riverview, MO

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Photo of Roy Doskal, SRES
Roy Doskal, SRES
Owner/Broker
Direct: 314-709-2456
Office
7 Weldon Spring Heights
Weldon Spring, MO 63304
314-709-2456
Listed by Nettwork Global, Jessica Vargas
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1.4646%
6.75%
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245 Chambers Road (MLS #26045194) is a 2 story residential income listing located in Riverview, MO. This is a residential income listing with a lot of 46,609 sqft (or 1.07 acres). This property was listed on 07/30/2026 and has been priced for sale at $2,000,000.

Nearby zip codes are 62040, 63033, 63136, 63138 and 63147. This property neighbors other cities such as Bellefontaine Nghbrs, Bel Ridge, Hazelwood, St Louis and Unknown.

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Listing information courtesy of: Nettwork Global

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