Address
4643 Louisiana Avenue, St Louis, MO
Price
$ 120,000
Property Attributes
  • MLS#23055753
  • TypeMulti-Family
  • CountyST LOUIS CITY
  • CitySt Louis
  • AreaSouth City
  • NeighborhoodPiednor Jrs Add
  • Zip63111
  • Style
  • Year Built1907
  • Taxes$ 818
  • Price$ 120,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1730
  • Lot Size4,134 SqFt
Data Source:
Mid America Regional Information Systems (MARIS)
Property Description

This nicely maintained duplex is perfect for an investor's portfolio or an owner occupant looking to have part of the mortgage paid by a tenant. Each unit has a spacious living room, bedroom, remodeled kitchen and bath, bonus room in the back, neutral paint, and original hardwood floors. 1F is rented for $650; 2F is currently vacant and advertised at 750. Existing rent = 16,800 annual income, less 7321 in expenses (see attached RPV) = 9479, making this a 7.89% cap rate at asking price. The property previously had central air and the ductwork remains in place; just add condenser units to go back to central air. Photos are from when property was up for rent.

Elementary School Middle School High School
Woodward Elem. Long Middle Community Ed. Center Roosevelt High
Price History
9/14/2023 Listed $120,000

General Features

Appliances Some Refrigerator(s), Some Range Oven(s), Some Smoke Alarm(s), Some Window Treatment(s)
Assoc Fee Paid Per None
Attached Garage No
City St Louis
Construction Materials Brick
Cooling Wall/Window Unit(s)
County St Louis City
Days on Market 76
Directions GPS friendly.
Disclosures Unknown, City, Flood Plain No, Leases Avaliable, Occupancy Perm Req, Sellers Discl. Avail
Driveway None
Elementary School Woodward Elem.
Heating Forced Air
High School Roosevelt High
High School District St. Louis City
Lot Size Square Feet 4134
MLS Area South City
Middle/Junior High School Long Middle Community Ed. Center
Neighborhood Dutchtown
Net Operating Income 8729
Ownership Type Private
Possession Close Of Escrow
Property SubType Multi-Family 2-4
Property Type Residential Income
Sewer Public Sewer
Standard Status Active
Street Name Louisiana
Subdivision Name Piednor Jrs Add
Tax Annual Amount 818
Tax Year 2022
Tenant Pays Electricity, Gas
Township St. Louis City
Year Built 1907

Interior Features

Above Grade Finished Area 1730
Above Grade Finished Area Source Public Records
Heating Y/N Yes
Street Suffix Avenue

Exterior Features

Showinginstructions Appt. through MLS, Occupied, Show With Contract, Vacant
Lot Dimensions 30' x 142'
Lot Size Acres 0.0949
Lot Size Source County Records
Parking Features Off Street, On Street
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 63111

Price
AVG $190K
$120K
Taxes
AVG $1,503
$818
Visits
AVG 51
26
Data Provided by Inside Real Estate®
Year Built
AVG 1905
1907
Walkscore
AVG 70
72
Data Provided by Walkscore® not using MLS data