3 months on rocket

3306 Louisiana Ave, Saint Louis, MO, 63118

$205,000

Home List Price

$2,434*

Closing Credit

0 Baths
Multi

Location

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3306 Louisiana Ave, Saint Louis$205,000

Buyer Closing Credits

$2,434*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street
Year Built1907
HeatingForced Air
CoolingGas
MLS #24045708
Lot Size0.12 Acres
StatusActive

About 3306 Louisiana Ave

Seize the opportunity to own this fully occupied, cash-flowing gem generating $2,035/month with potential for increased rents. This sturdy brick property features central heat and air conditioning in all units, with one newly renovated unit and two long-term tenants. Significant updates include a new roof and sewer laterals in 2021 and 2024, some new appliances, two new furnaces in 2021, a new AC unit in 2023, and a new fence in 2024. With its strong return on investment and room for rent growth, this property is an excellent addition to any investment portfolio. Don’t miss out—make your offer today and capitalize on this outstanding opportunity! Offered at a 9% Cap, with modest rent increases this easily reaches over a 10% Cap.

Property Details

Property Features

Property Information:

  • Year Built: 1907

Listing Office:

  • Office Name: Invest St. Louis

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Gas

School Info

Assigned Schools Information:

  • Roosevelt High School, Public District Grades 9-12
  • Froebel Literacy Academy, Public District Grades PK-6

Other

Directions Information:

  • Directions: Google

Price Information

Listing Price Info

Price Summary:

  • List Price: $205,000
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Housing Market Comparison

See how this home compares to others in Saint Louis, MO.

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Saint Louis, MO

City

Med. Sold Price

$220K

Med. Price/SqFt

$160

Avg. Days On Market

42

# of Sold Homes

281

3306 Louisiana Ave vs Saint Louis

97 DAYS ON ROCKET

+55 Days

$205,000

-$15K Less

KEY TAKEAWAY

This property is $15K less than the Median Sold Price in Saint Louis, MO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MARIS
  • MLS Number: #24045708

Listing Office:

  • Office Name: Invest St. Louis

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

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.

IDX Based on information submitted to the MLS GRID. 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.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2024 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 11:53:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,091

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$681

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1822963
4
/10

  • Froebel Literacy Academy

  • 3709 Nebraska Ave

  • 0.60 miles

  • Public District Grades PK-6

High School

school-card-donut-1822964
1
/10

  • Roosevelt High School

  • 3230 Hartford St

  • 0.36 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,615. Residents of Saint Louis, MO typically earn less than $35k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Missouri›Saint Louis›63118›3306 Louisiana Ave

This home is located at 3306 Louisiana Ave in Saint Louis, MO and zip code 63118 in the Benton Park West neighborhood. This home, which was built in 1907, sits on a 0.12 acre lot. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $205,000.

While more than 98 listings in Saint Louis, MO in October 2024 were sold above asking price, there were more than 60 listings sold at asking price, and more than 123 were sold below. The inventory of homes for sale in Saint Louis, MO between September 2024 and October 2024 increased by 9.3%. In October 2024 median list price was $220,049 and the average listing age was 42 days.

From Rocket Homes Real Estate and based on county public records data.

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