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Key Details
Sold Price $540,000
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,180 sqft
Price per Sqft $129
Subdivision Dunde Place Add
MLS Listing ID 25023985
Sold Date 05/29/25
Year Built 1907
Lot Size 6,399 Sqft
Acres 0.1469
Lot Dimensions 50x128
Property Sub-Type 2-4 Units
Property Description
Incredible Investment or Owner-Occupant Opportunity in the Tiffany Neighborhood!
Welcome to 3847 Blaine Ave, a well-maintained 4-family flat located on a quiet, dead-end street with a gated yard—just steps from SLU Medical School, SLU Hospital, Cardinal Glennon Children's Hospital, and the Shaw neighborhood.
This solid property is perfect for investors or owner-occupants looking to live in one unit while earning rental income from the other three. The building generates $61,487.96/year in gross income with a NOI of $40,737.87, offering excellent cash flow.
Each unit features updated kitchens with granite countertops, modern appliances, remodeled bathrooms, updated flooring, vinyl windows, and more. Additional updates include front decks and a TPO roof, adding long-term value and peace of mind.
Don't miss out on this rare opportunity in one of St. Louis's most walkable and desirable locations. Schedule your private showing today!
Location
State MO
County St Louis City
Area 3 - South City
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Electric
Fireplace N
Appliance Gas Water Heater
Exterior
Parking Features false
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Brick Veneer
Schools
Elementary Schools Hodgen Elem.
Middle Schools Yeatman-Liddell Middle School
High Schools Vashon High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
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Bought with Deveon Hicks