Properties

Residential Income For Sale

4942 Kemper Avenue, St Louis, Missouri 63139

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Property Description

Excellent investment opportunity in the heart of South City! This solid 4-family at 4942 Kemper Ave (63139) features four 1 bed / 1 bath units, all currently leased—three at $650 and one at $700. Month-to-month leases provide flexibility for rent increases or owner-occupancy. With rents below market, there’s strong value-add potential through light updates. The property qualifies for attractive financing (4.75% interest, 5-year term, 30-year amortization). Prime location near Tower Grove Park, The Hill, South Grand dining, and major highways in a walkable, high-demand rental area. Well-maintained with great bones, offering stability and excellent income growth potential.

Basic Details
Property Type : Residential Income
Listing ID : 25059368
Price : $354,900
Square Footage : 2,760
Year Built : 1942
Status : Active
Features
Heating System : Forced Air
Cooling System : Central Air
Basement : Full, 8 ft + Pour
SchoolDistrict : St. Louis City
Taxes Paid : $0
Utilities : Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
Architectural Style : Apartment Style
Address Map
Mls Area Major : 3 - South City
Neighborhood
Elementary School : Mason Elem.
High School : Roosevelt High
High School District : St. Louis City
Middle School : Long Middle Community Ed. Center
Additional Information
Electric : Ameren
Number Of Units Total : 4
On Market Date : 2025-08-28
Water Source : Public
Construction Materials : Brick
Financial
Tax Annual Amount : 2389
Listing Information
List Agent Mls Id : MGUIGNON
List Office Mls Id : INVS01
Listing Term : Conventional,FHA,VA Loan
Mls Status : Active
Modification Timestamp : 2025-08-29T16:05:41Z
Originating System Name : MARIS
Special Listing Conditions : Standard
Status Change Timestamp : 2025-08-28T17:47:03Z
Residential Income
  • Listing ID : 25059368
  • Square Footage : 2,760
$354,900
Agent info
1 Degree Realty
8930 Gravois Road
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