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Property view

4523 Adelaide Avenue, 
St Louis, MO 63115

$89,900

Last List Price

Bed


Bath


2,426

Sq Ft


Multi-Family

Sold

Listed by

Eric Schultz

Bought with Alpha Resources

Tower Real Estate Group

MLS#

26007978

Source:

MO MARIS

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About This Home

4523 Adelaide Avenue

Welcome to 4523 Adelaide Ave — a solid duplex offering immediate upside with minimal work needed to maximize rental income. The first-floor unit features 2 bedrooms and has already been tastefully updated with upgraded cabinetry, newer countertops, and tile flooring in the kitchen. The bathroom has also been refreshed with a newer shower, updated vanity, and modern tile finishes — making this unit move-in ready for a tenant. The spacious upstairs unit offers 3 bedrooms and is primed for your finishing touches. With only light improvements needed to bring it to rent-ready condition, the opportunity to quickly increase income is clear. Projected rents are strong, with the lower unit estimated at approximately $850/month and the upper unit at $1,100/month — creating excellent cash flow potential once fully leased. The property also features major updates that add peace of mind for investors, including a newer roof and newer furnaces. Central air provides added tenant comfort and desirability. With solid mechanicals already in place and most of the heavy lifting done, this is an ideal opportunity for an investor looking for a near turn-key property with strong income potential. Property is agent owned (not listing agent)

Home Facts

Multi-Family

Built in 1911

Subdivision & Development:

Plymouth Park Add 02

Price Summary

89,900

$37 per Sq. Ft.

MLS #:

26007978

Sold:

June 5, 2026


Rooms & Interior

Interior

Living Area:

2,426 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

2,426 Sq. Ft.

Year Built:

1911


Lot

Lot Size (Sq. Ft):

4,290


Finances & Disclosures

Finances

Price:

$89,900

Price per Sq. Ft:

$37 per Sq. Ft.

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