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2315 Tennessee Avenue, St Louis City, MO, 63104

One-of-a-kind investment opportunity! Own an entire 5-unit boutique townhome complex totaling nearly 12,000 SF in a historic former horse stable/carriage house serving the nearby Compton Heights mansions. Redeveloped in 2014 using state and federal historic tax credits, the property blends irreplaceable historic character—including original beams and soaring ceilings—with modern construction, systems, kitchens, baths, wood floors, windows, appliances and fixtures. Each of the five townhomes offers a unique floor plan and personality, ranging from 2,098 to 2,748 SF, with 2-3 bedrooms, 2.5 baths, and dramatic loft-like living spaces. Two end units offer an abundance of windows, while several units feature open lofts, dens and/or clerestory windows. Unit E is the largest and most traditionally finished, offering 2,748 SF, 3 large bedrooms, 2.5 baths and granite countertops. Significant income upside! Two units are currently being used by the owner. The remaining units include one long-term rental, one short-term rental and one recently vacated unit, providing immediate flexibility and the opportunity for an investor to implement and optimize their preferred rental strategy. Recently created condominium documents for the Compton Heights Stables Condominium Association further expand the potential ownership and future disposition strategies available to an investor. Gated entry, 10 covered parking spaces (2 per unit), great common space and a private interior setting with all units facing the parking/common area rather than the street. Extensive solar panels on both the roof and carport add to the property's environmentally conscious approach. An exceptionally rare opportunity to acquire a distinctive, income-producing asset with historic character, modern amenities, flexibility and tremendous potential to increase returns. Situated a few blocks from Tower Grove Park and the Botanical Gardens, and conveniently located within walking distance to many of the Tower Grove, Shaw, Fox Park and South Grand restaurants & shops.

Subdivision: Compton Heights Stables

List Price

$ 2,250,000

Status

Coming Soon

Days on market

0

MLS#

26056328

Bedrooms

0

Full baths

0

Sq. Ft. Above

11,911

Subdivision

Compton Heights Stables

Municipality

St Louis City

School District

St. Louis City

County

St Louis City

Property Type

Residential Income

Style

Historic,Other

Type

Residential Income

Additional Information

Property Tax (2025)

$13,363

Recent Nearby Sales in 63104

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
3438 Russell Boulevard, 804, St Louis City, MO 63104 1/1 530 $97,500 $81,750
83.8% of ask
Sep 4, 2026
3406 Vista Avenue, St Louis City, MO 63104 3/3 2,200 $549,900 $540,000
98.2% of ask
Sep 3, 2026
1515 Lafayette Avenue, 418, St Louis City, MO 63104 2/2 1,314 $169,900 $170,000
100.1% of ask
Sep 2, 2026
2012 Lafayette Avenue, St Louis City, MO 63104 4/6 4,142 $849,000 $800,000
94.2% of ask
Aug 28, 2026
912 Russell Boulevard, St Louis City, MO 63104 0/0 3,563 $425,000 $410,000
96.5% of ask
Aug 27, 2026
3006 Victor Street, St Louis City, MO 63104 3/3 2,318 $399,900 $395,000
98.8% of ask
Aug 27, 2026

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