Active
3628 Arkansas Avenue
St Louis, MO 63118
$299,900
0 beds · 0 baths · 2,670 sq ft
Listing office: Gateway Real Estate
Photo 1 of 1
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 information, rents, expenses, and property details.
Home facts
- Bedrooms
- 0
- Bathrooms
- 0
- Living area
- 2,670 sq ft
- Lot size
- 0.115 acres
- Property type
- Residential Income · 2-4 Units
- Year built
- 1960
- Subdivision
- Bells Add
- Days on market
- 46
- Listed on
- Sep 8, 2026
- Listing office:
- Gateway Real Estate, 314-293-9339
- Listing agent:
- Miranda Hedrick
- MLS number:
- 26057490
Presented by Narrative Real Estate, 314-480-5353, jess@jessicaberchtold.com
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MARIS data last updated at October 24, 2026 at 5:15 AM CDT.
Information from third parties, deemed reliable but not verified. All data is obtained from various sources and may not have been verified by the broker or the MLS. 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 or agent presenting the information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.