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3530 Arkansas Avenue, St Louis City, MO, 63118

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]

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Subdivision: St Louis Commons Add

List Price

$ 184,900

Status

Active Under Contract

Days on market

0

MLS#

26051027

Bedrooms

0

Full baths

0

Sq. Ft. Above

3,494

Subdivision

St Louis Commons Add

Municipality

St Louis City

School District

St. Louis City

County

St Louis City

Property Type

Residential Income

Style

Traditional

Type

Residential Income

Additional Information

Recent Nearby Sales in 63118

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

Price & Listing History

Listed for sale
Aug 20, 2026 at $199,000
Price reduced by $14,100 (7.1%)
From $199,000 to $184,900
Current status: Active Under Contract
As of Nov 3, 2026 · $184,900

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