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3246-48 Nebraska Avenue

St Louis, MO 63118

Property Overview
Price: $339,000
City: St Louis
County: St Louis City
Sale/Lease: Sale
Status: Active
MLS Number: 25062921
Property Description
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!
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Featured Agent
Patrice TenBroek
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Listing Brokered by Magnolia Real Estate
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