245 Chambers Road,Riverview, MO 63137
Riverview, MO 63137
Description
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.
Details
| MLS # | 26045194 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 73 |
| Listing Provided By | Nettwork Global | Jessica Vargas |
Features
| SQ Feet | 23,744 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 32 |
| Building(s) | 8 |
| Acreage | 1.07 |
Interior
| Cooling | Central Air, Electric, Separate Meters |
|---|---|
| Heating | Forced Air, Natural Gas |
| Interior Features | Eat-in Kitchen, Kitchen/Dining Room Combo, Natural Woodwork, Pantry, Storage |
| Window Features | Aluminum Frames, Blinds, Screens |
| Appliances | Exhaust Fan, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Brick |
| Lot Features | City Lot, Corner Lot, Few Trees, Level, Near Public Transit, Paved, Rectangular Lot |
| Fencing | Other, Security |
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Parking Features | Asphalt, Common |
Location
| Senior Community Yes / No | No |
|---|
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Ameren |
Taxes
| Property | 29292 |
|---|
Area Information
| State | MO |
|---|---|
| County | St. Louis |
| City | Riverview |
| Zip Code | 63137 |
| Area | Riverview Gardens |
| Community Name | Riverview Gardens |
| School District | Riverview Gardens Sr. High |
| Elementary School | Glasgow Elem. |
| High School | Riverview Gardens Sr. High |
| Listing VS Median (in Riverview Gardens) | |
Price: $2,000,000 low | high Med: $69,948 sqft: 23,744 low | high Med: 1,079 $ / sqft: $84 low | high Med: $65 On site: 73 low | high Med: 179 | |
Market Activity 63137
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Listings courtesy of Maris MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of September 26, 2026 at 5:10:18 PM PDT 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.
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Contact
Learn More About This Property
| State | MO |
|---|---|
| County | St. Louis |
| City | Riverview |
| Zip Code | 63137 |
| Area | Riverview Gardens |
| Community Name | Riverview Gardens |
| School District | Riverview Gardens Sr. High |
| Elementary School | Glasgow Elem. |
| High School | Riverview Gardens Sr. High |
| Listing VS Median (in Riverview Gardens) | |
Price: $2,000,000 low | high Med: $69,948 sqft: 23,744 low | high Med: 1,079 $ / sqft: $84 low | high Med: $65 On site: 73 low | high Med: 179 | |
