2715 Arkansas Ave, St Louis, MO 63118

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Sold Price
$468,500
List Price
$485,000
Closing Date
Jun 17, 2025
Days on Market
28
MLS#
25033592
Status
CLOSED
Living Sq. Ft
3,060
Acres
0.07
Year Built
1923
Subdivision
Weizenackers Add
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

Historic charm meets modern aesthetics in this turnkey 4-family in Tower Grove East. Beautifully renovated in 2020, each 1/1 unit features an open floor plan, tall ceilings, custom cabinets, granite counters, stainless steel appliances, in-unit laundry, LVP & tile flooring. The building boasts all new wiring, plumbing, stacks, sewer lateral, HVAC, water heaters, electric panels, and windows. New TPO roof in 2022. Within walking distance to Tower Grove Park, MOBOT, Starbucks, and all the great shops, restaurants and entertainment on and near S. Grand. Minutes from I-64/44/55 and world-renowned hospitals, SLU, Chaifetz, and more. Seller was owner-occupant with attention to detail for maintenance. One unit open for showings & owner occupant. Roof photos here: https://tinyurl.com/ArkansasRoof1 . Rents are currently 900, 930, and 975; Rentometer indicates 1,049-1,426, with an average of 1238. Current rents (with 975 for vacant unit) - expenses = an NOI of 31,574, an 8.65% cap rate.

Additional Information

School District
St. Louis City
Elementary School
Shenandoah Elem.
Jr. High School
Long Middle Community Ed. Center
Sr. High School
Roosevelt High
Parking Description
On Street
Cooling
Central Air
Heating
Forced Air, Natural Gas
Water
Public
Selling Terms
1031 Exchange, Cash, Conventional, FHA

Listing courtesy of Tammy Derrigan. Worth Clark Realty

Selling Office: EXP Realty, LLC.

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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID.


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