3113-3115 Magnolia ave Active Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63118
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,924 sqft
Price per Sqft $153
Subdivision Labadie Lynchs Add
MLS Listing ID 25057746
Style Other
Year Built 1884
Annual Tax Amount $1,924
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!
Location
State MO
County St Louis City
Area 3 - South City
Interior
Cooling Central Air
Exterior
View Y/N No
Building
Structure Type Brick
Schools
Elementary Schools Shenandoah Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard