Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Realty-Gundaker

Property view
Listing view 2
Listing view 3

4735-37 Alaska Avenue, 
St Louis, MO 63111

$339,900


Bed


Bath


4,054

Sq Ft


Multi-Family

Active

Listed by

Lynne G Hart Herrera

Real Broker LLC.

Last updated:

August 25, 2026, 06:56 PM

MLS#

26054630

Source:

MO MARIS

About This Home

4735-37 Alaska Avenue

Two 4 family buildings can be sold as a package or separately, 4731-33 and 4735-37. This listing is for 4735-37. Four Family, Turnkey and fully occupied. Sold at a 10% cap rate. 100% turnkey and generating a NOI of $35,632k, these buildings have a little something for anyone seeking cashflow! Two 2 bd Units, 2 1 bd units, each with open kitchen to living area layout. 2-car parking pad behind the spaciously fenced yard. Stable tenancy, market rates, one coming available in October could be an owner Occupied unit. The last opening was filled in a week and left a line of tenants looking for other apartments to open up. Tenants have been thoroughly vetted and pay electronically and on time. 3 Units have electronic door locks which minimize key management concerns. Tons of updates 2019-2020 include moderately to nicely updated kitchens and baths, new sewer, a new roof, and a new city water line. Forced Air and Central AC in all units, 2 new furnaces 2024-2025. 4735-37 are nearly identical in finishes with new shaker cabinetry, countertops, tile, flooring, stainless steel appliances. Photos for all units linked the downloadable supporting docs and 3D Tours of many are available upon request. Seller completed full inspections on both buildings in October 2025 reports are provided in the supplements along with financials, receipts for major work also provided. Two Parcels, Seller prefers to sell as a package but will separate. Be sure to check with your lender on the type of insurance they require, some lenders may require Full Replacement Value which is a bit of a sledgehammer to a thumbtack, but it will cause your insurance to be higher than sellers - so check on the requirements and get a quote while you're considering your offer. Seller will not finance or accept any sort of “creative” offer. Must relinquish property entirely, using 1031 exchange. Please download the OM for details and deeper financial information, additional pictures and video. All must be reviewed and acknowledged in any offer. Buyers will be responsible for converting electronic door locks, and utilities to their own accounts after closing. Check OM for link to receipts, inspections, photos of each unit, leases, occupancy certificates and more.INSPECTIONS HAVE BEEN PROVIDED by Seller 10/2025 and are linked in the OM.

Home Facts

Multi-Family

Built in 1916

Subdivision & Development:

St Louis Add

Price Summary

339,900

$83 per Sq. Ft.

MLS #:

26054630

Last Updated:

August 25, 2026, 06:56 PM

Added:

6 day(s) ago


Rooms & Interior

Interior

Living Area:

4,054 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

4,054 Sq. Ft.

Year Built:

1916


Lot

Lot Size (Sq. Ft):

6,390


Finances & Disclosures

Finances

Price:

$339,900

Price per Sq. Ft:

$83 per Sq. Ft.

MLS Logo
Copyright 2026 Mid-America Regional Information Systems. All rights reserved. Listings courtesy of Mid-America Regional Information Systems as distributed by MLS GRID

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.

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.