Est. 1927 | 4545 Alice Ave – A Legacy Opportunity in St. Louis City – Owned by the same family for over 50 years, this full-brick Craftsman-style two-story home is brimming with character, history, and untapped potential. Nearly a century old, the home offers the craftsmanship and charm of a bygone era—with a covered front porch perfect for morning coffee and solid original hardwood floors just waiting to be uncovered and restored. With 4 spacious bedrooms and the potential to finish the walk-out basement, there’s ample opportunity to expand your overall living space. Whether you’re an investor, visionary homeowner, or developer, this property offers multiple paths: renovate and hold as a high-yield rental in a city with a limited supply of 4-bedroom homes; renovate and flip in anticipation of renewed neighborhood development following the recent tornado recovery efforts; or use FHA 203(k) or Freddie Mac Choice Renovation financing to restore and occupy. Property offers strong rental potential in an area poised for revitalization—ideal for BRRRR strategy, long-term hold, or profitable resale. The large level yard offers endless possibilities, and the convenient location near Hwy 70 ensures easy access to downtown, local parks, and cultural hotspots. Embrace the pride of homeownership in the City of St. Louis—where history, community, and opportunity meet. This is more than a house—it’s a piece of St. Louis history, ready for its next chapter. Will you be the one to write it?