$320,000
$339,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
3246-48 Nebraska AVE St Louis, MO 63118
4,046 SqFt
Key Details
Sold Price $320,000
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,046 sqft
Price per Sqft $79
Subdivision Benton Park West
MLS Listing ID 25062921
Sold Date 10/31/25
Style Apartment Style
Year Built 1914
Annual Tax Amount $534
Property Sub-Type 2-4 Units
Property Description
Turnkey four-family in prime Benton Park West location! Just a block from vibrant Cherokee Street, this classic brick four-family offers a blend of historic charm and smart updates. The property features two spacious 1-bedroom units on the main level and two 2-bedroom units upstairs, each showcasing original hardwood floors.
Major upgrades provide peace of mind, including a new roof (Dec 2024), four new water heaters (Jul 2024), and recent tuckpointing. One unit was completely renovated in 2022, two others received updates between tenants, and the remaining long-term tenant is on month-to-month—presenting excellent upside potential with future renovations and rent growth.
Currently fully leased at $3,350/month, this property delivers immediate cash flow with room to increase returns. Whether you're looking to expand your rental portfolio or house hack in a thriving neighborhood, this is a solid, income-producing opportunity you won't want to miss!
Location
State MO
County St Louis City
Area 3 - South City
Rooms
Basement Concrete, Unfinished
Interior
Heating Forced Air
Cooling Central Air
Flooring Ceramic Tile, Wood
Fireplace N
Appliance Free-Standing Electric Range, Refrigerator
Laundry In Basement
Exterior
Exterior Feature Awning(s)
Parking Features false
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
Roof Type Flat
Building
Story 2
Water Public
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Froebel Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Deveon Hicks