Residential Income for Sale: 3146 Nebraska Avenue, St Louis, MO 63118 SOLD
3,100 sqft
$250,000
$250,000
3146 Nebraska Avenue,
St Louis, MO 63118 SOLD
3,100 sqft
$250,000
Selling Price: $250,000
Original List Price: $255,000
Sold at 98.0% of list price
Sold Date: 05/13/2025
Type Residential Income
Total Living Area 3,100 sqft
Square Footage 3,100 sqft
Lot Size 0.12 acres
Year Built 1885
Taxes Paid $532
City St Louis
Area 2 - Central East
County St Louis City
School District St. Louis City
Subdivision St Louis Commons Add
MLS 25023271
Status Closed
DOM 28 days
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.
Lot & Building Features
Appliances Electric Water Heater
Construction Brick
Cooling Central Air, Electric
Heating Natural Gas, Forced Air
Parking Description On Street
Sewer Public Sewer
Tax Year 2024
Taxes Paid $532
Water Public
Community and Schools
Elementary School Froebel Elem.
Junior High School Long Middle Community Ed. Center
Senior High School Roosevelt High
Price History of 3146 Nebraska Avenue, St Louis, MO
| Date | Name | Price | Difference |
|---|---|---|---|
| 04/16/2025 | Price Adjustment | $250,000 | 0.40% |
| 04/15/2025 | Price Adjustment | $249,000 | 2.35% |
| Coming Soon | Listing Price | $255,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Listed by Invest St. Louis, Matt Guignon & Jordan Schoen
Sold by Invest St. Louis, Matt Guignon
 Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Invest St. Louis Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange |