Don't miss this solid brick quadplex in one of St. Louis' most sought-after rental neighborhoods. Each unit offers 1 bedroom, 1 bath (with one unit featuring 1.5 baths), giving tenants comfortable layouts that are always in demand.This building is already a proven income producer:Unit 1: VacantUnit 2: $795/monthUnit 3: $850/monthUnit 4: $875/monthThat's a potential $3,420 per month in gross rental income-a strong cash flow for any savvy investor. With three units occupied and one ready to fill, you'll have immediate returns plus the option to raise rents to match neighborhood averages.Located in prime Tower Grove East, this property benefits from easy walkability, quick access to Tower Grove Park, dining, and entertainment. Units in this area lease quickly, making this a low-vacancy, high-demand investment.Please note: One unit is available for showings now. The occupied units can be viewed with an accepted contract. Property to be sold as-is.This is your chance to add a high-performing asset in a premium location to your portfolio-schedule your showing today!
Listed By
Agency Name: Keller Williams Realty St. Louis
Shown By
Agent Name: Brady Miller
Agent Phone: (314) 503-8834
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 2,152.05 per month $1,890.50 Principal & Interest $160.33 Property Tax $101.21 Homeowner's Insurance
3113-3115 Magnolia Ave | MLS# 26018245
This multi-family property located at 3113-3115 Magnolia Ave , Saint Louis, MO 63118 is currently listed for sale with an asking price of $347,000. 3113-3115 Magnolia Ave is located within the St Louis City school district. Search Saint Louis real estate on www.therealbradymiller.com today.