Multi-Family $ 479,000

4622 Cleveland AVE

St Louis, MO 63110

  • 2,720 SqFt
  • 9,957 Lot Size
  • 1925 Year Built
Available for the first time since the 1990s, this one-of-a-kind former 4-family building—now configured as a triplex—offers a rare opportunity for both investors and owner-occupants. Live in the spacious vacant 2-bedroom townhouse-style unit while generating $1,650 per month in rental income from the two occupied 1-bedroom units, currently leased at $800 and $850 per month (both below market rates).

The property's standout feature is its incredible outdoor space. The townhouse unit enjoys direct access to a large elevated deck overlooking an exceptionally deep, beautifully landscaped, fully fenced yard—an uncommon find in the city. The deck also serves as a covered carport for up to three vehicles, with an additional three off-street parking spaces on the concrete pad below. A motorized gate with heated back-up battery provides secure access to the parking area. Major updates include all three HVAC systems replaced in 2020, water heaters installed in 2021 and 2024, and a TPO roof in 2018. Additional amenities include two secure storage rooms and coin-operated laundry in the basement. The lawn irrigation system is currently not in use and will convey as-is. Ideally located within walking distance of MOBOT, Tower Grove Park, and Comet Coffee, this property combines strong income potential with an exceptional lifestyle. With its unique configuration, expansive lot, extensive parking, valuable updates, and premier location, opportunities like this are exceptionally rare. See the vacant unit today; the 2 one bedroom units will be shown with an accepted contract. Seller prefers an as-is sale.
Listed by Real Broker LLC

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type 2-4 Units

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 720 sqft

    Price per Sqft $176

    Subdivision Shaws Garden Add

    MLS Listing ID 26038891

    Style Historic

    Year Built 1925

    Annual Tax Amount $5,293

    Lot Size 9,957 Sqft

    Acres 0.2286

    Property Sub-Type 2-4 Units

  • Location

    State MO

    County St Louis City

    Area 3 - South City

  • Rooms

    Basement Exterior Entry, Full, Storage Space, Unfinished

  • Building

    Lot Description Back Yard, Corner Lot, Few Trees, Irregular Lot, Level

    Water Public

    Structure Type Brick,Stone

  • Interior

    Heating Forced Air

    Cooling Central Air

    Flooring Hardwood

    Fireplaces Type None

    Fireplace N

    Laundry In Basement, Common Area

  • Exterior

    Parking Features false

    Fence Back Yard, Gate, Privacy, Wood

    Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    View Y/N No

    Private Pool false

  • Schools

    Elementary Schools Mann Elem.

    Middle Schools Long Middle Community Ed. Center

    High Schools Roosevelt High

    School District St. Louis City

  • Others

    Acceptable Financing Cash, Conventional, FHA, VA Loan

    Listing Terms Cash, Conventional, FHA, VA Loan

    Special Listing Condition Standard

SIMILAR HOMES FOR SALE

Check for similar Multi-Familys at price around $479,000 in St Louis,MO

GET IN TOUCH

Your Full Name
Your Phone Number*
Write Your Message