3113-3115 Magnolia Ave, Saint Louis, MO, 63118
3113-3115 Magnolia Ave, Saint Louis, MO, 63118 - Image 23113-3115 Magnolia Ave, Saint Louis, MO, 63118 - Image 33113-3115 Magnolia Ave, Saint Louis, MO, 63118 - Image 43113-3115 Magnolia Ave, Saint Louis, MO, 63118 - Image 5

3113-3115 Magnolia Ave, Saint Louis, MO, 63118

Studio · 2,924 sq.ft.

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!

Information

Property typeMulti Family
Size2,924 sq.ft.
Year built1884
Price per sq.ft.USD 119
Last sold2021-04-28
CountySaint Louis City
ZIP code63118
LocationSaint Louis, United States

USD 347,000

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Where it's located

Saint Louis, United States

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