Discover this exceptional 4-unit multi-family property, perfectly situated in the highly sought-after neighborhood of South Tower Grove. This investment gem boasts full occupancy, ensuring immediate cash flow, with significant potential for increased rental income. Each unit has been recently renovated, showcasing upgrades that reduce future maintenance costs and attract quality tenants. Currently, all units are occupied, providing a stable income stream from day one. With room to increase rents, there’s an opportunity to enhance your return on investment significantly. Renovation highlights include new flooring and fixtures, freshly painted interiors. This property offers strong cash flow and appreciation potential, located in a growing and desirable area poised for value appreciation. High-quality renovations attract and retain tenants, minimizing vacancy rates. Whether you're a seasoned investor or looking to expand your portfolio, this property promises both stability and growth.
Property Details
Property Features
Property Information:
Year Built: 1914
Listing Office:
Office Name: STL Real Estate Pros, LLC
Exterior Features
Parking Information:
Attached Garage: No
Parking: None
Lot Features
Lot Information:
Lot Size: 0.12 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Wall/Window Unit(s)
Price Information
Listing Price Info
Price Summary:
List Price: $280,000
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Housing Market Comparison
See how this home compares to others in Saint Louis, MO.
This property is $59.9K more 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: #24048551
Listing Office:
Office Name: STL Real Estate Pros, LLC
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.
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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.
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We're sorry, we currently don't have sales or tax history data for this listing.
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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.
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Nearby Schools
5
/10
Mann Elementary School
4047 Juniata St
Distance between this listing and this school0.73 miles
Public District Grades PK-5
5
/10
Froebel Literacy Academy
3709 Nebraska Ave
Distance between this listing and this school0.76 miles
Public District Grades PK-6
5
/10
Oak Hill Elementary School
4300 Morganford Rd
Distance between this listing and this school1.05 miles
Public District Grades PK-5
Nearby Schools
4
/10
Eagle Tower Grove East
2900 S Grand Blvd
Distance between this listing and this school0.73 miles
Public Charter Grades KG-7
3
/10
Eagle Tower Grove South
3716 Morganford Rd
Distance between this listing and this school0.96 miles
Public Charter Grades KG-8
2
/10
Eagle Gravois Park
3630 Ohio Ave
Distance between this listing and this school1.02 miles
Public Charter Grades KG-7
Nearby Schools
1
/10
Roosevelt High School
3230 Hartford St
Distance between this listing and this school0.63 miles
Public District Grades 9-12
2
/10
Carnahan School of the Future
4041 S Broadway
Distance between this listing and this school1.26 miles
Public District Grades 9-12
2
/10
Central Visual/Performing Arts High School
3125 S Kingshighway Blvd
Distance between this listing and this school1.52 miles
The neighbors living near this home have an average income of $30,682. Residents of Saint Louis, MO typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 3472 Giles Ave in Saint Louis, MO and zip code 63116 in the South City neighborhood. This home, which was built in 1914, sits on a 0.12 acre lot. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $280,000.
Saint Louis, MO housing market in November 2024 saw over 58 listings sold above listed price, more than 43 sold at listed price and over 120 sold below. The number of listings in Saint Louis, MO decreased by 1.6% between October 2024 and November 2024. In November 2024 median list price was $220,090 and the average listing age was 38 days.
From Rocket Homes Real Estate and based on county public records data.