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3246-48 Nebraska Avenue, 
St Louis, MO 63118

$339,000


Bed


Bath


4,046

Sq Ft


Multi-Family

Active

Listed by

Megan Greathouse

Magnolia Real Estate

Last updated:

September 13, 2025, 03:03 PM

MLS#

25062921

Source:

MO MARIS

About This Home

3246-48 Nebraska Avenue

Turnkey four-family in prime Benton Park West location! Just a block from vibrant Cherokee Street, this classic brick four-family offers a blend of historic charm and smart updates. The property features two spacious 1-bedroom units on the main level and two 2-bedroom units upstairs, each showcasing original hardwood floors. Major upgrades provide peace of mind, including a new roof (Dec 2024), four new water heaters (Jul 2024), and recent tuckpointing. One unit was completely renovated in 2022, two others received updates between tenants, and the remaining long-term tenant is on month-to-month—presenting excellent upside potential with future renovations and rent growth. Currently fully leased at $3,350/month, this property delivers immediate cash flow with room to increase returns. Whether you’re looking to expand your rental portfolio or house hack in a thriving neighborhood, this is a solid, income-producing opportunity you won’t want to miss!

Home Facts

Multi-Family

Built in 1914

Price Summary

339,000

$83 per Sq. Ft.

MLS #:

25062921

Last Updated:

September 13, 2025, 03:03 PM


Rooms & Interior

Interior

Living Area:

4,046 Sq. Ft.


Structure

Structure

Architectural Style:

Apartment Style

Year Built:

1914


Finances & Disclosures

Finances

Price:

$339,000

Price per Sq. Ft:

$83 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 September 13, 2025

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