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4523 Adelaide Avenue, 
St Louis, MO 63115

$89,900


Bed


Bath


2,426

Sq Ft


Multi-Family

Active

Listed by

Eric Schultz

Tower Real Estate Group

Last updated:

February 14, 2026, 03:50 PM

MLS#

26007978

Source:

MO MARIS

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

Price Summary

89,900

$37 per Sq. Ft.

MLS #:

26007978

Last Updated:

February 14, 2026, 03:50 PM


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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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.