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3146 Nebraska Avenue, 
St Louis, MO 63118

$255,000


Bed


Bath


3,100

Sq Ft


Multi-Family

Pending

Listed by

Matthew Guignon

Jordan Schoen

Invest St. Louis

Last updated:

April 22, 2025, 07:50 AM

MLS#

25023271

Source:

MO MARIS

About This Home

3146 Nebraska Avenue

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.

Home Facts

Multi-Family

Built in 1885

Price Summary

255,000

$82 per Sq. Ft.

MLS #:

25023271

Last Updated:

April 22, 2025, 07:50 AM

Added:

18 day(s) ago


Rooms & Interior

Interior

Living Area:

3,100 Sq. Ft.


Structure

Structure

Year Built:

1885


Lot

Lot Size (Sq. Ft):

5,375


Finances & Disclosures

Finances

Price:

$255,000

Price per Sq. Ft:

$82 per Sq. Ft.

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Copyright 2025 Mid America Regional Information Systems, Inc. Information from Third Parties, Deemed Reliable but Not Verified. Last Updated April 22, 2025

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