4414 Michigan Ave., St. Louis, MO 63111
$159,000 (Available Now)

Mt. Pleasant Four-Family with Untapped Potential

*click image to start slideshow

Invest in St. Louis

This brick 4-family property, boasting all 1-bedroom units and a total of 3,726 square feet, is brimming with untapped potential. Here’s what sets this property apart:

  1. Ideal Location: This property is located in the Mt. Pleasant Neighborhood near Carondelet Park.
  2. Investment Opportunity: With one of the four units already in excellent condition, commanding a monthly rent of $675, this property offers immediate income. After some updates, comparable units nearby rent for $800 which could result in an annualized potential income of $38,400.
  3. Comparable Sales: Recent sales of neighboring 4-family properties have ranged from $255,000 to $365,000, depending on size and updates. This reflects promising market potential.
  4. Package Deal Opportunity: This property can be purchased individually or as part of a larger portfolio of other four-family properties in South City. Inquire for additional information on portfolio options.
  5. Sold As-Is: The property will be sold as-is, allowing you to make renovation decisions that align with your investment strategy.

Supplemental Documents

Property Location

Share This Property:
Property Details:
Square Footage: 5170 County: St. Louis City Units: 1-4 Condition: N/A Occupancy: Some Units Vacant Parking: Off Street Parking Heating: N/A Cooling: N/A Construction: Brick Basement: N/A
Home Amenities:
Agent Details:
Agent: Jack Orban Phone: (636) 346-3318 Fax: (314) 480-7053
Contact Agent: Please use the form below to contact agent Jack Orban about this listing.

Search The MLS

Search the MLS below using the city, postal code, address or listing id of the desired property.