Historic, Traditional
3215 Nebraska Avenue
St Louis, MO 63118
MLS#: 26050649
$725,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1908
Sq.Footage
5,752
Exceptional opportunity to acquire a fully renovated 4-family property in the heart of Benton Park West. This turnkey asset features two spacious 3 bed/1 bath units on the upper level, both currently leased at $1,800/month, plus two renovated 2 bed/1 bath units on the first floor that were previously rented for $1,400/month each. Encompassing more than 5,700 square feet of living space, this property offers substantially larger floor plans than typically found in the neighborhood, featuring oversized bedrooms and expansive open-concept living, dining, and kitchen areas that appeal to today's renters. All four apartments have undergone extensive renovations including newer flooring, resurfaced walls, updated electrical and plumbing systems, newer mechanicals, newer windows, a newer roof, and completely renovated kitchens and bathrooms. All 4 kitchens boast modern modern finishes with 42-inch shaker cabinets, quartz countertops, and stainless steel appliances. Each apartment is equipped with in-unit high efficiency washer and dryer, contributing to tenant retention and rental demand. The generous layouts provide flexibility for a variety of living arrangements, including move-up renters, remote work setups, multigenerational households, and residents who enjoy entertaining. Tenants also enjoy rear green space, private decks off the upper-level units, and a four-car off-street parking pad with alley access. Located in one of South St. Louis' most vibrant and walkable neighborhoods, residents are just minutes from beautiful Benton Park and Cherokee Street's eclectic mix of restaurants, coffee shops, antique shops, art galleries, live music venues, and popular community events. Cherokee Street's unique blend of local businesses, cultural attractions, and neighborhood festivals continues to drive strong tenant demand, while Benton Park West's historic character and ongoing investment make it one of South City's most sought-after rental markets. A rare opportunity to acquire a low-maintenance multifamily asset offering strong in-place income, extensive capital improvements, and unit sizes rarely found in Benton Park West.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
5752.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric, Separate Meters
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Other Exterior Features
Rain Gutters
-
Parking
Alley Access, Concrete, Off Street, On Site, On Street, Parking Pad
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Back Yard, City Lot, Corner Lot, Front Yard, Level, Rectangular Lot
-
Lot Size(acres)
0.168
-
Lot Size(square feet)
7,318
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Historic, Traditional
Price
-
Sales Price
$725,000
-
Tax Amount
$1,922
-
Sq. Footage
5,752
-
Price/SqFt
$126
HOA
-
Association
No
School District
-
Elementary School
Froebel Elem.
-
Middle School
Long Middle Community Ed. Center
-
High School
Roosevelt High
Property Features
-
New Construction
NO
-
Senior Community YN
NO
-
Water Source
Public
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Location
County
St Louis City
Elementary School
Froebel Elem.
Middle School
Long Middle Community Ed. Center
High School
Roosevelt High
Listing Courtesy of Kelley Hainline , Coldwell Banker Realty - Gundaker
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AGENT
Paul Dameron
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