Multi-Family for Sale: 3306 Louisiana Avenue, St Louis, MO 63118

3,196 sqft
$180,000
$180,000
3306 Louisiana Avenue, St Louis, MO 63118
3,196 sqft
$180,000
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Price:
$180,000
$25,000 - 11/15/2024
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Square Footage 3,196 sqft
Lot Size 0.12 acres
Year Built 1907
Taxes Paid $702
City St Louis
County St Louis City
School District St. Louis City
Subdivision Haner Add
MLS 24045708
Status Active Under Contract
DOM 151 days
Seize the opportunity to own this fully occupied, cash-flowing gem generating $2,035/month with potential for increased rents. This sturdy brick property features central heat and air conditioning in all units, with one newly renovated unit and two long-term tenants. Significant updates include a new roof and sewer laterals in 2021 and 2024, some new appliances, two new furnaces in 2021, a new AC unit in 2023, and a new fence in 2024. With its strong return on investment and room for rent growth, this property is an excellent addition to any investment portfolio. Don’t miss out—make your offer today and capitalize on this outstanding opportunity! Offered at a 9% Cap, with modest rent increases this easily reaches over a 10% Cap.

Room Features

Misc Description Basement, Deck, Fencing, Laundry Facl-Commty

Lot & Building Features

Appliances Some Range Oven(s), Some Refrigerator(s)
Construction Brick
Cooling Gas
Heat Source Gas
Heating Forced Air
Parking Description Off Street
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 40x125 ft

Community and Schools

Elementary School Monroe Elem.
Junior High School Fanning Middle Community Ed.
Senior High School Roosevelt High

Price History of 3306 Louisiana Avenue, St Louis, MO

Date Name Price Difference
11/15/2024 Price Adjustment $180,000 12.20%
07/25/2024 Listing Price $205,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Wayne Failoni
Direct: 314-772-8407
Office
2242 Thurman Ave
Saint Louis, MO 63110
314-772-8407
Listed by Invest St. Louis, Donald Shaver
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0.39%
6.75%
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3306 Louisiana Avenue (MLS #24045708) is a multi-family listing located in St Louis, MO. This multi-family listing is 3,196 sqft and on a lot of 5,197 sqft (or 0.12 acres) and is 117 years old. This property was listed on 07/25/2024 and has been priced for sale at $180,000.

Nearby zip codes are 63104, 63110, 63111, 63116 and 63139. This property neighbors other cities such as St Louis.

Maris

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Listing information courtesy of: Invest St. Louis

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