Morganford Plaza Apartments is a 40-unit, garden-style multifamily community located in the highly desirable Tower Grove South neighborhood of South St. Louis. Situated on approximately 1.02 acres across five buildings, this 29,600-square-foot property was originally constructed in 1965 and substantially renovated in 2016. Recent capital improvements include newer TPO roofing systems, updated HVAC components, electrical panel upgrades, and replacement copper plumbing stacks, providing investors with a well-maintained asset and reducing near-term capital expenditure needs. The Property offers a compelling value-add opportunity through continued interior unit renovations and strategic revenue growth initiatives while benefiting from established occupancy and strong underlying rental demand. Residents enjoy convenient access to Kingshighway Boulevard, Hampton Avenue, Chippewa Street, major transportation routes, employment centers, shopping, dining, and recreational amenities, including nearby Tower Grove Park. Morganford Plaza represents a rare opportunity to acquire a well-positioned South City multifamily asset with a proven operating history, significant recent capital investment, and long-term upside in one of St. Louis' most sought-after rental submarkets. Property is being offered free and clear of existing financing.
Ward 15, located between Forest Park and the Mississippi River, is a residential and civic St. Louis neighborhood with brick walk-up streetscapes and pocket parks. The neighborhood’s character concentrates around the City Hall and Tucker Blvd corridor, where courthouse-era blocks, lunch counters, and civic plazas set a weekday rhythm. Architectural cues lean toward early-20th-century brick flats, institutional stonework, and converted commercial buildings. Cultural anchors such as the City Museum, the Sheldon Concert Hall, and the Fox Theatre shape an arts-forward backdrop beyond office hours. Streets funnel toward Downtown’s stadium district and the Grand Center arts spine, keeping the geography legible on foot. Green breaks like Aloe Plaza and nearby Forest Park soften the urban grid.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Heating & cooling
Central air
Home design
Apartment building
40 units across 5 buildings
Parking
Off-street parking
Construction
Brick construction
Financial info
40 units: 24 one-bedroom units with 1 bathroom each and 16 two-bedroom units with 2 bathrooms each
Electricity and solar
View estimated energy costs and solar savings for this home
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Public record
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Condo/Co-op
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St. Louis City
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Last updated by owner on Mar 31, 2026.
F
Neighborhood Commercial District
The purpose of the F Neighborhood Commercial District is to establish and preserve those commercial and professional facilities that are especially useful in close proximity to residential areas. The district is designed to provide convenient shopping and servicing establishments for persons residing in the immediate neighborhood to satisfy those basic home and personal shopping and service needs which occur frequently and so require retail and service facilities in relative proximity to places of residence, so long as such uses are compatible with and do not detract from adjacent residential uses.
Permitted uses
Include but are not limited to:
Religious facility
Bank
Laundromat
General retail
Retail-Grocery
Housing-Single unit
Housing-Multiple units
Bed & breakfast
Mixed use
Office
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 108° expected this year, 21 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
St. Louis, MO • 63116
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Sun exposure
88/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in St. Louis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3725-41 Morganford Rd
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