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3628 Arkansas Avenue, Saint Louis, MO 63118

Saint Louis
Local realty services provided by:CENTURY 21 Broughton Team
3628 Arkansas Avenue,St Louis, MO 63118
$314,900
  • - Beds
  • - Baths
  • 2,670 sq. ft.
  • Multi-family
  • Active
Listed by: miranda hedrick
Office: gateway real estate
MLS#:26057490
Source:MO_MARIS

Price summary

  • Price:$314,900
  • Price per sq. ft.:$117.94

About this home

Excellent investment opportunity at 3628-3630 Arkansas Ave! This fully occupied 4-family property offers four 1-bedroom, 1-bath units, providing immediate rental income from day one. Each unit is currently rented at $750 per month, generating $3,000 in gross monthly income and $36,000 in annual gross rental income. Offered at $314,900, the property provides an attractive 11.43% gross rent yield based on current rents. Three of the four units are currently occupied by Section 8 tenants, providing an established rental history and income stream. Tenants are responsible for their own electric and gas utilities. Owner pays water, sewer, trash, and landscaping. A great opportunity for an investor looking to add a fully occupied multifamily asset to their portfolio with existing management and tenants already in place. Please do not disturb tenants. Property to be sold subject to tenants' rights. Buyer to verify all financial information, rents, expenses, and property details.

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Home facts

  • Year built:1960
  • Subdivision & Development:Bells Add
  • Listing ID #:26057490
  • Added:6 day(s) ago
  • Updated:September 14, 2026 at 03:59 PM

Rooms and interior

  • Kitchen Description:Refrigerator
  • Basement:Yes
  • Basement Description:Full, Storage Space, Unfinished
  • Living area:2,670 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Natural Gas
  • Central air:Yes

Structure and exterior

  • Year built:1960
  • Building area:2,670 sq. ft.
  • Lot area:0.11 Acres
  • Architectural Style:Traditional
  • Construction Materials:Brick
  • Levels:2 Story

Schools

  • High school:Roosevelt High
  • Middle school:Fanning Middle Community Ed.
  • Elementary school:Froebel Elem.

Utilities

  • Water:Public

Finances and disclosures

  • Price:$314,900
  • Price per sq. ft.:$117.94
  • Tax amount:$1,960 (2025)

Parking

  • Parking description:Off Street, On Street
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