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3628 Arkansas Avenue, Saint Louis, MO 63118

Saint Louis
Local realty services provided by:CENTURY 21 Premiere Realty
3628 Arkansas Avenue,St Louis, MO 63118
$299,900
  • - 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:$299,900
  • Price per sq. ft.:$112.32

About this home

PRICE IMPROVEMENT – Fully Occupied 4-Family Investment Opportunity! Offered at $299,900, this income-producing property at 3628-3630 Arkansas Ave features four 1-bedroom, 1-bath units, all currently occupied and generating immediate rental income. Each unit is currently rented at $750/month, producing $3,000 in gross monthly rent and $36,000 annually. At the new asking price, that's approximately a 12.0% gross rent yield based on current rents. Three of the four units are currently occupied by Section 8 tenants. Tenants are responsible for their own electric and gas. Owner pays water, sewer, trash, and landscaping. Property is currently professionally managed, making this an attractive opportunity for an investor looking to add a stabilized multifamily asset to their portfolio. Please do not disturb tenants. No showings without an accepted contract. Rent roll, leases, tenant ledgers, and occupancy permits are available for review. Buyer and buyer's agent to verify all financial...

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Home facts

  • Year built:1960
  • Subdivision & Development:Bells Add
  • Listing ID #:26057490
  • Added:52 day(s) ago
  • Updated:October 30, 2026 at 05:12 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, 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:$299,900
  • Price per sq. ft.:$112.32
  • Tax amount:$1,960 (2025)

Parking

  • Parking description:Off Street, On Street
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