4735-4737 Alaska Avenue,St Louis, MO 63111
St Louis, MO 63111
Description
Two 4 family buildings can be sold as a package or separately, 4731-33 and 4735-37. This listing is for 4735-37. Four Family, Turnkey and fully occupied. Sold at a 10% cap rate. 100% turnkey and generating a NOI of $35,632k, these buildings have a little something for anyone seeking cashflow! Two 2 bd Units, 2 1 bd units, each with open kitchen to living area layout. 2-car parking pad behind the spaciously fenced yard. Stable tenancy, market rates, one coming available in October could be an owner Occupied unit. The last opening was filled in a week and left a line of tenants looking for other apartments to open up. Tenants have been thoroughly vetted and pay electronically and on time. 3 Units have electronic door locks which minimize key management concerns. Tons of updates 2019-2020 include moderately to nicely updated kitchens and baths, new sewer, a new roof, and a new city water line. Forced Air and Central AC in all units, 2 new furnaces 2024-2025. 4735-37 are nearly identical in finishes with new shaker cabinetry, countertops, tile, flooring, stainless steel appliances. Photos for all units linked the downloadable supporting docs and 3D Tours of many are available upon request. Seller completed full inspections on both buildings in October 2025 reports are provided in the supplements along with financials, receipts for major work also provided. Two Parcels, Seller prefers to sell as a package but will separate. Be sure to check with your lender on the type of insurance they require, some lenders may require Full Replacement Value which is a bit of a sledgehammer to a thumbtack, but it will cause your insurance to be higher than sellers - so check on the requirements and get a quote while you're considering your offer. Seller will not finance or accept any sort of "creative" offer. Must relinquish property entirely, using 1031 exchange. Please download the OM for details and deeper financial information, additional pictures and video. All must be reviewed and acknowledged in any offer. Buyers will be responsible for converting electronic door locks, and utilities to their own accounts after closing. Check OM for link to receipts, inspections, photos of each unit, leases, occupancy certificates and more.INSPECTIONS HAVE BEEN PROVIDED by Seller 10/2025 and are linked in the OM.
Details
| MLS # | 26054630 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1916 |
| Days On Site | 71 |
| Listing Provided By | Real Broker LLC | Lynne Hart |
Features
| SQ Feet | 4,054 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 2 |
| Acreage | 0.15 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Forced Air, Natural Gas |
| Appliances | Dishwasher, Range, Built-In Electric Range, Electric Range, Refrigerator, Gas Water Heater |
Exterior
| Roof | Flat |
|---|---|
| Construction Materials | Brick |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Off Street, Parking Pad |
Utilities
| Utilities | Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
|---|---|
| Electric | Ameren |
Taxes
| Property | 2128 |
|---|
Area Information
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63111 |
| Area | South City |
| Community Name | St Louis Add |
| School District | Roosevelt High |
| Elementary School | Woodward Elem. |
| High School | Roosevelt High |
| Listing VS Median (in St Louis Add) | |
Price: $339,900 low | high Med: $214,000 sqft: 4,054 low | high Med: 1,522 $ / sqft: $84 low | high Med: $141 On site: 71 low | high Med: 152 | |
Market Activity 63111
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Listings courtesy of Maris MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of November 3, 2026 at 1:47:42 PM 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.
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Learn More About This Property
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63111 |
| Area | South City |
| Community Name | St Louis Add |
| School District | Roosevelt High |
| Elementary School | Woodward Elem. |
| High School | Roosevelt High |
| Listing VS Median (in St Louis Add) | |
Price: $339,900 low | high Med: $214,000 sqft: 4,054 low | high Med: 1,522 $ / sqft: $84 low | high Med: $141 On site: 71 low | high Med: 152 | |
