4228 Clarence Ave, St Louis, MO 63115
- $24,500
- 3,536
- SqFt
- Sold Price
- $24,500
- List Price
- $39,900
- Closing Date
- Aug 14, 2026
- Days on Market
- 63
- MLS#
- 26036802
- Status
- CLOSED
- Living Sq. Ft
- 3,536
- Lot Size
- 6,198
- Acres
- 0.14
- Year Built
- 1916
- Subdivision
- Ofallon Heights Add
- Municipality
- St. Louis City
- County
- St Louis City
- Listing Type
- Multifamily
Property Description
Great investment opportunity for investors looking to add a value-add property to their portfolio. This 4-unit building offers tremendous upside potential and is ideal for a buy-and-hold strategy. The property requires a full rehabilitation, but once completed, each 1-bedroom, 1-bathroom unit (approximately 875 sq. ft.) has the potential to rent for $800–$900 per month, creating an estimated gross rental income of up to $3,600 monthly. Whether you're an experienced investor or looking for your next project, this property presents an excellent opportunity to build equity and generate long-term cash flow. Don't miss your chance to unlock the potential this multi-family property has to offer.
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Additional Information
- School District
- St. Louis City
- Elementary School
- Ashland Elem. and Br.
- Jr. High School
- Yeatman-Liddell Middle School
- Sr. High School
- Vashon High
- Cooling
- Window/Wall
- Water
- Public
- Selling Terms
- Cash, Conventional
Mortgage Calculator
Listing courtesy of EXP Realty, LLC. Selling Office: Compass Realty Group.
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified
