4504 Arsenal Street, Saint Louis, MO 63116
Local realty services provided by:CENTURY 21 Bailey & Co.
4504 Arsenal Street,St Louis, MO 63116
$450,000Last list price
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: garen f lafser, matt millslagle
Office: salient realty group, llc.
MLS#:26026004
Source:MO_MARIS
Sorry, we are unable to map this address
Price summary
- Price:$450,000
About this home
This 1912-built four-unit multifamily building at 4504 Arsenal Street presents an exceptional value-add opportunity directly across from Tower Grove Park. The 5,162-square-foot property features one three-bedroom/one-bath unit and three two-bedroom/one-bath units, with three of the four units currently vacant, allowing immediate renovation commencement. Recent ownership improvements include a brand new roof and gutters, interior ceiling repairs, rebuilt deck, exterior cleanup and landscaping, freshened common areas, and complete cleanout, establishing a solid foundation for the next phase of improvements.
Positioned along the northern edge of Tower Grove South, the property enjoys direct access to the 289-acre National Historic Landmark Tower Grove Park with its weekly farmers' market, free St. Louis Symphony concerts, and seven miles of trails. The location provides outstanding connectivity to major employment centers, with BJC HealthCare and Washington University Medical Center three miles north, Saint Louis University two miles northeast, and the Cortex Innovation District 2.5 miles north. The forthcoming $18 million Tower Grove Connector will further enhance commuter accessibility upon its 2026 completion.
We believe this represents a compelling investment based on the extraordinary location where Tower Grove Park-facing buildings rarely become available. With estimated market rents of $1,550 per month and the potential for the true three-bedroom unit to achieve $1,750 or higher depending on finishes, the renovated property could reach an approximate $800,000 stabilized value. A comparable four-unit building recently sold for $775,000 despite being smaller and less updated. Missouri State and Federal Historic tax credits may provide additional return enhancement for this 1912-vintage building in one of St. Louis' most vibrant historic neighborhoods....
Contact an agent
Home facts
- Year built:1912
- Subdivision & Development:C B 5017 Arsenal
- Listing ID #:26026004
- Added:115 day(s) ago
- Updated:August 22, 2026 at 07:31 AM
Rooms and interior
- Kitchen Description:Electric Cooktop
- Basement:Yes
- Basement Description:Concrete
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1912
- Architectural Style:Victorian
- Construction Materials:Brick
- Foundation Description:Concrete
Schools
- High school:Roosevelt High
- Middle school:Long Middle Community Ed. Center
- Elementary school:Mann Elem.
Utilities
- Water:Public
Finances and disclosures
- Price:$450,000
- Tax amount:$4,267 (2025)
Parking
- Parking description:On Street
New listings near 4504 Arsenal Street
- Coming SoonOpen Tue, 4 to 6pm
$187,000Coming Soon2 beds 1 baths735 sq. ft.4851 Sigel Avenue, St Louis, MO 63116
MLS# 26049119Listed by: REDKEY REALTY LEADERS CIRCA - Coming Soon
$750,000Coming Soon6 beds 5 baths5,026 sq. ft.5285 Washington Place, St Louis, MO 63108
MLS# 26039454Listed by: SCHNEIDER REAL ESTATE - Coming SoonOpen Sun, 1 to 3pm
$190,000Coming Soon2 beds 1 baths1,224 sq. ft.7119 Marwinette Avenue, St Louis, MO 63116
MLS# 26047617Listed by: COMPASS REALTY GROUP - Coming Soon
$335,000Coming Soon2 beds 2 baths1,485 sq. ft.4100 Forest Park Avenue, St Louis, MO 63108
MLS# 26052140Listed by: REDKEY REALTY LEADERS - Coming Soon
$435,000Coming Soon3 beds 3 baths1,728 sq. ft.6768 Wise Avenue, St Louis, MO 63139
MLS# 26054144Listed by: THE WELLS MICHAEL COLLECTIVE - Coming Soon
$125,000Coming Soon3 beds 2 baths1,564 sq. ft.2645 Chippewa Street, St Louis, MO 63118
MLS# 26004762Listed by: KELLER WILLIAMS REALTY ST. LOUIS - Coming Soon
$299,900Coming Soon2 beds 2 baths1,356 sq. ft.2823 Lemp Avenue, St Louis, MO 63118
MLS# 26052172Listed by: MERA & BECKMAN REAL ESTATE - Coming SoonOpen Sat, 1 to 3pm
$339,900Coming Soon4 beds 2 baths1,500 sq. ft.6421 Lindenwood Place, St Louis, MO 63109
MLS# 26052630Listed by: REDFIN CORPORATION - Coming Soon
$194,000Coming Soon2 beds 2 baths920 sq. ft.4248 Norfolk Avenue, St Louis, MO 63110
MLS# 26053855Listed by: RE/MAX INTEGRITY - Coming Soon
$225,000Coming Soon3 beds 1 baths936 sq. ft.4840 Hamburg Avenue, St Louis, MO 63123
MLS# 26053502Listed by: RE/MAX RESULTS