Fantastic investment opportunity in the heart of Webster Groves! This 4-family is located in a highly desirable neighborhood, offering strong rental potential and long term value. Each unit reflects the character and charm the area is known for, with tenants enjoying off street parking, basement laundry, and storage. All tenants are currently on month to month leases, and rents are well below market value providing an excellent opportunity to increase returns. Updates include PVC plumbing, electric, and sewer lateral. Whether you choose to hold as an income-producing property or explore the option of living in one unit while renting the others, this building is a solid investment in a prime location.
Basic Details
Property Type : Residential Income
Listing ID : 25060922
Price : $599,000
Square Footage : 3,536
Year Built : 1925
Lot Area : 0.21 Acre
Status : Active
Property Sub Type : 2-4 Units
Features
Heating System : Forced Air
Cooling System : Central Air
Basement : Unfinished, Storage Space
Parking : Parking Lot, On Site
SchoolDistrict : Webster Groves
Taxes Paid : $0
Laundry Features : In Basement
Architectural Style : Traditional
Appliances
Appliances : Refrigerator, Gas Cooktop, Gas Oven, Stainless Steel Appliance(s)
Address Map
Directions : GPS Friendly
Mls Area Major : 256 - Webster Groves
Neighborhood
Elementary School : Avery Elem.
High School : Webster Groves High
High School District : Webster Groves
Middle School : Hixson Middle
Additional Information
Levels : Two
Number Of Units Total : 4
On Market Date : 2025-09-04
Water Source : Public
Construction Materials : Brick Veneer, Brick
Financial
Tax Annual Amount : 3832
Listing Information
List Agent Mls Id : KKRAEMER
List Office Mls Id : MADA01
Listing Term : 1031 Exchange,Cash,Conventional
Mls Status : Active
Modification Timestamp : 2025-09-05T14:06:38Z
Originating System Name : MARIS
Special Listing Conditions : Standard
Status Change Timestamp : 2025-09-05T03:32:34Z
Co List Agent Full Name : Kraemer & Kraemer
Co List Agent Mls Id : MANOTTER
Co List Office Mls Id : MADA01
Co List Office Name : Keller Williams Realty St. Louis