3113-3115 Magnolia Ave, St Louis, MO 63118

$347,000

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List Price
$347,000
Days on Market
121
MLS#
26018245
Status
ACTIVE
Year Built
1884
Subdivision
Labadie Lynchs Add
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

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: Vacant Unit 2: $795/month Unit 3: $850/month Unit 4: $875/month That’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!

Additional Information

School District
St. Louis City
Elementary School
Shenandoah Elem.
Jr. High School
Fanning Middle Community Ed.
Sr. High School
Roosevelt High
Cooling
Central Air
Selling Terms
Cash, Conventional

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty St. Louis.

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