Description
Don't miss your chance to own this income-producing 4-unit property at 3430 Grace Avenue. Currently, three units are occupied and generating a gross annual income of $53,640, while the vacant unit presents immediate upside potential for additional rental income or owner occupancy.Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking to live in one unit while collecting rent from the others, this property offers flexibility and long-term wealth-building potential.The current owner has made several recent capital improvements, helping reduce future maintenance concerns and adding long-term value to the property. Updates include two newer furnaces, a coated roof, a new water heater, new concrete along the backyard walkway, completed tuckpointing work, a parge-coated basement wall, and a newly installed retaining wall.Conveniently located near major amenities, residents enjoy easy access to grocery stores, restaurants, entertainment, Saint Louis University (SLU), and Tower Grove Park.With an established income stream already in place, significant recent improvements completed, and the opportunity to increase value through the vacant unit, this is a rare opportunity to secure a versatile multi-family asset in the South City area.Invest, occupy, or do both. Opportunities like this are hard to find. Schedule your showing today and take advantage of this exceptional investment opportunity.
Details
| MLS # | 26062836 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1908 |
| Days On Site | 40 |
| Listing Provided By | RE/MAX Integrity | Amaris Williams |
Features
| SQ Feet | 4,424 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.13 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Forced Air |
Exterior
| Construction Materials | Brick, Stone |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
Taxes
| Property | 6361 |
|---|
Area Information
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63116 |
| Area | South City |
| Community Name | Hunts Add |
| School District | Roosevelt High |
| Elementary School | Mann Elem. |
| High School | Roosevelt High |
| Listing VS Median (in Hunts Add) | |
Price: $680,000 low | high Med: $194,950 sqft: 4,424 low | high Med: 3,437 $ / sqft: $154 low | high Med: $93 On site: 40 low | high Med: 129 | |
Market Activity 63116
Request a showing
Request a showing
Listings courtesy of Maris MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of November 9, 2026 at 1:05:04 AM PST All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
Contact
Learn More About This Property
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63116 |
| Area | South City |
| Community Name | Hunts Add |
| School District | Roosevelt High |
| Elementary School | Mann Elem. |
| High School | Roosevelt High |
| Listing VS Median (in Hunts Add) | |
Price: $680,000 low | high Med: $194,950 sqft: 4,424 low | high Med: 3,437 $ / sqft: $154 low | high Med: $93 On site: 40 low | high Med: 129 | |