505 N Benton Ave presents a rare investment opportunity to acquire a fully renovated, turnkey 16-unit multifamily asset in the highly coveted historic submarket of Saint Charles, Missouri. This stabilized community features an attractive mix of one- and two-bedroom layouts that boast comprehensive modern upgrades, including updated flooring, granite-style countertops, and a full suite of essential appliances. Designed to optimize landlord margins and minimize near-term capital expenditures, the building operates on an efficient utility structure where tenants cover individual electric, gas, and water costs, while on-site coin laundry and secure basement storage units provide reliable streams of ancillary income. Positioned in a premier, land-constrained location, the property benefits from an exceptional tenant draw due to its proximity to major regional demand drivers. Residents enjoy a highly walkable lifestyle just minutes from the vibrant boutique shopping, dining, and seasonal festivals along historic St. Charles Main Street and Frontier Park, as well as immediate access to Lindenwood University. This strategic location ensures a consistent pool of qualified student, faculty, and young professional applicants, offering an incoming investor immediate cash flow, historically low vacancy rates, and strong long-term asset appreciation.

Listing courtesy of Apartment Advisors of America LLC


Based on information submitted to the MLS GRID as of 2026-11-15 12:40 AM 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.