Properties

Residential Income For Sale

3921 -3925 Shenandoah Avenue, St Louis, Missouri 63110

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Property Description

ENORMOUS 4-Family building in the heart of the prestigious Shaw neighborhood has two 4 bedroom and two 3 bedroom units and is currently producing a 7.2% Cap Rate with 10.3% Proforma and Current NOI of $58,331! 3 of 4 Units have been updated in recent years, along with 2 new HVAC & Water Heaters 2024, Recent Tuckpointing on all sides, 3 of 4 units are subsidized rent for guaranteed stability. The 4th is MTM, coincidentally the unit that has not been updated due to a long-term tenant – but that would make it perfect for an owner occupant to move in, add your own touches to your preference and make this your home! Seller not interested and won’t consider offers including seller financing, or creative financing, but welcomes your CASH, or Conventionally backed contracts. We MAY be able to arrange listing agent accompanied viewings of the basement for serious buyers with proof of funds. Tenants will not be disturbed w/o a contract.

Basic Details
Property Type : Residential Income
Listing ID : 24067005
Price : $815,000
Year Built : 1903
Lot Area : 0.14 Acre
Status : Active
Property Sub Type : Multi-Family 2-4
Features
Heating System : Forced Air
Cooling System : Electric
Parking : Off Street, Additional Parking
SchoolDistrict : St. Louis City
Taxes Paid : $0
Sewer : Public Sewer
Appliances
Appliances : Some Range Oven(s), Some Shower Bath(s), Some Smoke Alarm(s), Some Dishwasher(s), Some Microwave(s), Washer/Dryer, Some Wall to Wall Carpet
Address Map
Directions : GPS PLease. 39th to Shenandoah.
Mls Area Major : South City
Neighborhood
Elementary School : Mann Elem.
High School : Roosevelt High
High School District : St. Louis City
Middle School : Long Middle Community Ed. Center
Additional Information
Lot Size Dimensions : irr
Previous Price : 820000
Virtual Tour : https://www.dropbox.com/scl/fi/6rxnaj9zgz0kdsjlul70w/2023-04-22-09.58.33.mp4?rlkey=ly0egca3rzt0g96qkpgq46oby&dl=0
Water Source : Public
Construction Materials : Brick
Financial
Tax Annual Amount : 4112
Association Fee Frequency : None
Listing Information
List Agent Mls Id : LHHERRER
List Office Mls Id : RLBR01
Modification Timestamp : 2025-05-07T23:15:05Z
Originating System Name : MARIS
Special Listing Conditions : None, Rehabbed
Status Change Timestamp : 2024-10-24T06:31:42Z
Residential Income
  • Listing ID : 24067005
  • Lot Area : 0.14 Acre
$815,000
Agent info
1 Degree Realty
8930 Gravois Road
Contact Agent