ENORMOUS 4-Family building in the heart of the prestigious Shaw neighborhood has two four bedroom and two three bedroom units and is currently producing a 7.1% Cap Rate and NOI of $58,331! Three of the Four Units have been updated in recent years, along with 2 new HVAC and Water Heater Units 2024, Recent Tuckpointing on all sides, Three of Four Units are leased to March or Sept 2025 and on subsidized rent for guaranteed stability. The fourth is Month to month, coincidentally the unit that has not been updated due to a long-term tenant – but that would make it perfect for an owner occupant to move in, add your own touches to your preference and make this your home!
Property Details
Property Features
Property Information:
Year Built: 1903
Listing Office:
Office Name: Real Broker LLC
Interior Features
Interior Information:
Appliances: Washer/Dryer
Exterior Features
Parking Information:
Attached Garage: No
Parking: Additional Parking, Off Street
Lot Features
Lot Information:
Lot Size: 0.14 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Electric
Other
Directions Information:
Directions: GPS PLease. 39th to Shenandoah.
Price Information
Listing Price Info
Price Summary:
List Price: $825,000
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Housing Market Comparison
See how this home compares to others in Saint Louis, MO.
This property is $604.9K 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: #24067005
Listing Office:
Office Name: Real Broker LLC
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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
2
/10
Shenandoah Elementary School
3412 Shenandoah Ave
Distance between this listing and this school0.55 miles
Public District Grades PK-6
4
/10
Mullanphy Botanical Gardens
4221 Shaw Blvd
Distance between this listing and this school0.61 miles
Public Magnet Grades PK-5
5
/10
Mann Elementary School
4047 Juniata St
Distance between this listing and this school0.70 miles
Public District Grades PK-5
Nearby Schools
4
/10
Eagle Tower Grove East
2900 S Grand Blvd
Distance between this listing and this school0.52 miles
Public Charter Grades KG-7
2
/10
Eagle Fox Park
2617 Shenandoah Ave
Distance between this listing and this school1.29 miles
Public Charter Grades KG-7
2
/10
Academy of Entre Stdy@Louverture
3021 Hickey St
Distance between this listing and this school1.35 miles
Public District Grades 6-8
Nearby Schools
9
/10
Collegiate School of Med/Bio
1547 S Theresa Ave
Distance between this listing and this school0.80 miles
Public District Grades 9-12
1
/10
Roosevelt High School
3230 Hartford St
Distance between this listing and this school0.90 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
The neighbors living near this home have an average income of $40,318. Most Saint Louis, MO residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
This home is located at 3921 Shenandoah Ave in Saint Louis, MO and zip code 63110 in the Shaw neighborhood. This home, which was built in 1903, sits on a 0.14 acre lot. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $825,000.
While more than 58 listings in Saint Louis, MO in November 2024 were sold above asking price, there were more than 43 listings sold at asking price, and more than 120 were sold below. The number of homes for sale 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.