St Louis, MO 63118,3146 Nebraska AVE
$255,000
Est. payment /mo
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3,100 SqFt
Coming Soon

3146 Nebraska AVE St Louis, MO 63118

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Key Details

Property Type Multi-Family

Sub Type Multi-Family 2-4

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,100 sqft

Price per Sqft $82

Subdivision St Louis Commons Add

MLS Listing ID 25023271

Construction Status 140

Year Built 1885

Building Age 140

Lot Size 5,375 Sqft

Acres 0.1234

Lot Dimensions 44x125

Property Sub-Type Multi-Family 2-4

Property Description

Well-maintained, value-add four-family located in the heart of Benton Park West, near Arsenal and Gravois corridor. High-demand rental pocket surrounded by Tower Grove East, South Grand, Soulard, and all the culture and amenities of South City. (2) 1-bed units, (1) 2-bed unit, and (1) studio. Two units currently leased, two nearly rent-ready (less than 30 days out). Pro forma gross rent estimated at $3,900/month. Building roof was fully replaced in December 2024.

Value add opportunities: One AC condenser is missing; one is aging – replacement costs can be factored in to the price. The exterior steps leading to basement are being repaired by the owner. Backyard deck and stairs may need maintenance work, repairs, staining, etc. Strong rental comps in the area support pro forma rent projections. Ideal mix of cash flow and appreciation.

Strategic location near public transit, restaurants, bars, and parks. Ideal for cash flow investors or a future house hacker.

Location

State MO

County St Louis City

Area Central East

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Construction Status 140

Schools

Elementary Schools Froebel Elem.

Middle Schools Long Middle Community Ed. Center

High Schools Roosevelt High

School District St. Louis City

Others

Ownership Private

Acceptable Financing Cash Only, Conventional, FHA, VA

Listing Terms Cash Only, Conventional, FHA, VA

Special Listing Condition Other, None


Listed by Matthew Guignon • Invest St. Louis

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agent

Danielle Jordan

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+1(573) 308-5933

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3146 Nebraska AVE