3215 Nebraska Avenue,St Louis, MO 63118
St Louis, MO 63118
Description
Exceptional opportunity to acquire a fully renovated 4-family property in the heart of Benton Park West. This turnkey asset features two spacious 3 bed/1 bath units on the upper level, both currently leased at $1,800/month, plus two renovated 2 bed/1 bath units on the first floor that were previously rented for $1,400/month each. Encompassing more than 5,700 square feet of living space, this property offers substantially larger floor plans than typically found in the neighborhood, featuring oversized bedrooms and expansive open-concept living, dining, and kitchen areas that appeal to today's renters.All four apartments have undergone extensive renovations including newer flooring, resurfaced walls, updated electrical and plumbing systems, newer mechanicals, newer windows, a newer roof, and completely renovated kitchens and bathrooms. All 4 kitchens boast modern modern finishes with 42-inch shaker cabinets, quartz countertops, and stainless steel appliances. Each apartment is equipped with in-unit high efficiency washer and dryer, contributing to tenant retention and rental demand.The generous layouts provide flexibility for a variety of living arrangements, including move-up renters, remote work setups, multigenerational households, and residents who enjoy entertaining. Tenants also enjoy rear green space, private decks off the upper-level units, and a four-car off-street parking pad with alley access.Located in one of South St. Louis' most vibrant and walkable neighborhoods, residents are just minutes from beautiful Benton Park and Cherokee Street's eclectic mix of restaurants, coffee shops, antique shops, art galleries, live music venues, and popular community events. Cherokee Street's unique blend of local businesses, cultural attractions, and neighborhood festivals continues to drive strong tenant demand, while Benton Park West's historic character and ongoing investment make it one of South City's most sought-after rental markets. A rare opportunity to acquire a low-maintenance multifamily asset offering strong in-place income, extensive capital improvements, and unit sizes rarely found in Benton Park West.
Details
| MLS # | 26050649 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1908 |
| Days On Site | 96 |
| Listing Provided By | Coldwell Banker Realty - Gundaker | Kelley Hainline |
Features
| SQ Feet | 5,752 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.17 |
Interior
| Cooling | Central Air, Electric, Separate Meters |
|---|---|
| Heating | Electric, Forced Air |
Exterior
| Construction Materials | Brick |
|---|---|
| Lot Features | Back Yard, City Lot, Corner Lot, Front Yard, Level, Rectangular Lot |
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Parking Features | Alley Access, Concrete, Off Street, On Site, On Street, Parking Pad |
Location
| Senior Community Yes / No | No |
|---|
Utilities
| Utilities | Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected |
|---|---|
| Electric | Ameren |
Taxes
| Property | 1922 |
|---|
Area Information
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63118 |
| Area | Central East |
| Community Name | Utah Heights |
| School District | Roosevelt High |
| Elementary School | Froebel Elem. |
| High School | Roosevelt High |
| Listing VS Median (in Utah Heights) | |
Price: $695,000 low | high Med: $695,000 sqft: 5,752 low | high Med: 5,752 $ / sqft: $121 low | high Med: $121 On site: 96 low | high Med: 96 | |
Market Activity 63118
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Learn More About This Property
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63118 |
| Area | Central East |
| Community Name | Utah Heights |
| School District | Roosevelt High |
| Elementary School | Froebel Elem. |
| High School | Roosevelt High |
| Listing VS Median (in Utah Heights) | |
Price: $695,000 low | high Med: $695,000 sqft: 5,752 low | high Med: 5,752 $ / sqft: $121 low | high Med: $121 On site: 96 low | high Med: 96 | |
