Located in Tower Grove South, this is a fantastic growth location making the property a profitable rental income unit or a great basis for conversion to a single family residence. Excellent rental income property. 1st floor rent is $ 1,050 and 2nd floor is $ 1,075. Tenants are long term renters, 12 years on the 1st floor and 8 years on the 2nd. This home has large bedrooms, family rooms and eat in kitchens. Sun streams into the front of the apartment since there are no obstructing buildings across the street. Shopping and groceries are literally walking distance across the street in a lovely quiet neighborhood.
Property Details
Property Features
Property Information:
Year Built: 1917
Listing Office:
Office Name: Wood Brothers Realty
Interior Features
Interior Information:
Appliances: Washer/Dryer
Exterior Features
Parking Information:
Attached Garage: No
Parking: Off Street, On Street
Lot Features
Lot Information:
Lot Size: 0.14 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Electric
Other
Directions Information:
Directions: GPS friendly, 3807 Potomac, between Gustine and Spring streets.
Price Information
Listing Price Info
Price Summary:
List Price: $224,900
Tax Information:
Annual Amount: $1,183
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Saint Louis, MO.
This property is $4.8K 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: #24071097
Listing Office:
Office Name: Wood Brothers Realty
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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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 school0.61 miles
Public District Grades PK-5
5
/10
Oak Hill Elementary School
4300 Morganford Rd
Distance between this listing and this school0.91 miles
Public District Grades PK-5
5
/10
Froebel Literacy Academy
3709 Nebraska Ave
Distance between this listing and this school0.92 miles
Public District Grades PK-6
Nearby Schools
4
/10
Eagle Tower Grove East
2900 S Grand Blvd
Distance between this listing and this school0.77 miles
Public Charter Grades KG-7
3
/10
Eagle Tower Grove South
3716 Morganford Rd
Distance between this listing and this school0.81 miles
Public Charter Grades KG-8
5
/10
South City
3112 Meramec St
Distance between this listing and this school1.18 miles
Public Charter Grades PK-8
Nearby Schools
1
/10
Roosevelt High School
3230 Hartford St
Distance between this listing and this school0.75 miles
Public District Grades 9-12
2
/10
Central Visual/Performing Arts High School
3125 S Kingshighway Blvd
Distance between this listing and this school1.36 miles
Public Magnet Grades 9-12
2
/10
Carnahan School of the Future
4041 S Broadway
Distance between this listing and this school1.41 miles
The neighbors living near this home have an average income of $30,682. Typical income of Saint Louis, MO residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
This home is located at 3807 Potomac St in Saint Louis, MO and zip code 63116 in the South City neighborhood. This home, which was built in 1917, sits on a 0.14 acre lot. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $224,900.
Over 58 listings were sold over their listed price in November 2024 in Saint Louis, MO. In the same period over 120 listings were sold below the listed price and 43 listings were sold for the listed price. The number of listings in Saint Louis, MO decreased by 1.6% between October 2024 and November 2024. Listings spent 38 days on the market in November 2024, and had a median list price of $220,090 during the same period.
From Rocket Homes Real Estate and based on county public records data.