INVESTOR SPECIAL IN GRAVOIS PARK! All-brick four-family with four 1-bedroom units, priced for the value-add buyer. One unit is currently leased at $650/month. The remaining three units are vacant and need repairs and updates, giving the next owner the chance to renovate, set rents, and place tenants of their choosing. Market rents for comparable 1-bedroom units in the area run approximately $850-$1,000/month depending on the level of renovation. With three units brought to market rent, projected gross income is approximately $3,200-$3,650/month, with further upside as the current lease turns over. Located in Gravois Park, minutes from Cherokee Street and Tower Grove Park, with an easy commute to Saint Louis University and Harris-Stowe State University. Nearby parks, dining, shopping and entertainment support steady rental demand. A strong fit for investors looking to force appreciation and grow a rental portfolio, or for an owner-occupant who wants to live in one unit and renovate the others over time.
Status: Active Under Contract · MLS# 26051027 · Listing Courtesy of EXP Realty, LLC, [email protected]
MORE, REALTORS® is a licensed brokerage that lists and sells homes across the two state St. Louis metro, and the agent who answers is one of ours, looking at this listing with you. The national sites are lead generation businesses: they refer your question to an agent at some other firm in exchange for a referral fee, commonly 30% to 40% of that agent's commission. Why that matters to what you pay
0 Bed
0 Bath
3,494 sq.ft
$0 per sq.ft
Traditional
$ 184,900
Active Under Contract
0
26051027
0
0
3,494
St Louis Commons Add
St Louis City
St. Louis City
St Louis City
Residential Income
Traditional
Residential Income
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 2919 Michigan Avenue, St Louis City, MO 63118 | 2/3 | 1,960 | $319,000 | $323,005 101.3% of ask |
Oct 30, 2026 |
| 3717 Tennessee Avenue, St Louis City, MO 63118 | 4/3 | 2,000 | $299,900 | $279,000 93% of ask |
Oct 30, 2026 |
| 2605 Michigan Avenue, St Louis City, MO 63118 | 1/1 | 950 | $142,000 | $142,000 100% of ask |
Oct 29, 2026 |
| 3319 Wisconsin Avenue, St Louis City, MO 63118 | 1/2 | 1,404 | $154,888 | $150,000 96.8% of ask |
Oct 29, 2026 |
| 3450 Minnesota Avenue, St Louis City, MO 63118 | 3/2 | 1,131 | $189,900 | $188,000 99% of ask |
Oct 28, 2026 |
| 3423 Magnolia Avenue, St Louis City, MO 63118 | 4/3 | 2,640 | $399,900 | $385,000 96.3% of ask |
Oct 26, 2026 |
Estimate your monthly payment. Adjust the sliders below.
Prefilled with the national 30 year fixed average, 7.24% as of Oct 29, 2026 (Freddie Mac). Your rate will differ. Estimate only. Not a loan offer. Consult a lender for an accurate quote, including HOA fees, PMI, and current rates.