3548-3550 Magnolia Ave

3548-3550 Magnolia Ave, Saint Louis, MO 63118

  • For Sale $499,000
  • Property Type Multi-Family
  • Property Size 5,481 SF
  • Units 4
  • Additional Rent Contact for pricing
  • Year Built 1904
  • Date Updated Dec 10, 2024
iIncredible opportunity to own a 4 family in Tower Grove East near Tower Grove Park. This would be perfect for an owner-user or for an investor to add to their portfolio. Rents are significantly below market - Lease rates in the neighborhood for similar style units are ~$1,100. With the location, there is a tremendous opportunity to utilize a traveling nurses’ program and get significantly higher rents. All units are 1/1 and are approximately 950 SF. The property has updated systems – PVC stakes, updated electrical, 3/4 of the A/C units have been recently replaced, newer hot water heaters, vinyl windows and the roof was replaced in 2018.
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Attachments

Highlights

  • Incredible Location
  • Rents Well Below Market
  • Great Opportunity for an Owner/Occupant - 1 unit is currently vacant
  • Systems Updated & New Roof in 2018

Contacts

broker
Timothy McCarthy

Salient Realty Group

Location

Getting Around

  • Walk Score ®

    87/100 Very Walkable

  • Transit Score ®

    40/100 Some Transit

  • Bike Score ®

    79/100 Very Bikeable
Powered by Walk Score ®
  • City Saint Louis, MO
  • Neighborhood Tower Grove East
  • Zip Code 63118
  • Market St Louis

Points of Interest

  • Union Station - Elevator Access

    2.32 miles

  • Union Station

    2.33 miles

  • Union Station - Stair Access

    2.36 miles

  • St. Louis - Gateway Station

    2.38 miles

  • 8th & Pine

    3.01 miles

  • The Wild Station

    3.34 miles

  • Discovery Corner Station

    3.42 miles

  • Missouri History Museum/Forest Park

    3.59 miles

  • Forest Park - DeBaliviere Metrolink

    3.79 miles

  • Skinker

    4.39 miles

  • EVgo Charging Station

    0.32 miles

  • BP

    0.43 miles

  • Phillips 66

    0.57 miles

  • QuikTrip

    0.65 miles

  • Conoco

    0.97 miles

  • Zephyr Xpress

    1.26 miles

  • Tesla Supercharger

    1.44 miles

  • ChargePoint

    1.65 miles

  • EV Connect

    2.67 miles

  • Electric Car Charging Station

    4.30 miles

  • Marie Curie Parking Lot

    1.31 miles

  • 1327

    1.49 miles

  • Visitor Lot

    1.55 miles

  • Tour Parking

    1.57 miles

  • Chroma Apartments Garage

    1.63 miles

  • Grand Station Parking

    1.66 miles

  • East Lot

    1.74 miles

  • West Lot

    1.80 miles

  • Santa Clara Lot

    1.95 miles

  • IKEA Parking Lot

    1.96 miles

  • Holiday Inn Express St. Louis

    1.20 miles

  • Lemp Mansion

    1.63 miles

  • Residence Inn

    1.88 miles

  • Element St. Louis Midtown

    1.98 miles

  • Home2 Suites by Hilton St. Louis/Forest Park

    2.03 miles

  • Aloft by Mariott

    2.15 miles

  • Courtyard Downtown

    2.19 miles

  • Hotel Ignacio

    2.24 miles

  • Drury Inn St. Louis At Union Station

    2.26 miles

  • Fairfield Inn & Suites St. Louis Downtown

    2.28 miles

  • Buzz’s Hawaiian Grill

    0.11 miles

  • Qdoba

    0.24 miles

  • Subway

    0.27 miles

  • Domino's

    0.28 miles

  • Hong Kong Express

    0.28 miles

  • Pho Long Restaurant

    0.28 miles

  • Mekong Restaurant

    0.29 miles

  • City Diner

    0.31 miles

  • The Shaved Duck

    0.32 miles

  • Steve’s Hot Dogs

    0.32 miles

  • Missouri School for the Blind

    0.26 miles

  • Shenandoah Elementary School

    0.31 miles

  • Roosevelt High School

    0.48 miles

  • Saint Margaret of Scotland School

    0.73 miles

  • Fanning Middle School

    0.75 miles

  • Mann Elementary School

    0.80 miles

  • Loretto Academy

    0.82 miles

  • KIPP Wisdom Academy

    0.82 miles

  • Teachers College

    0.82 miles

  • Tower Grove Christian Academy

    0.85 miles

  • Castleman Corner Day Care Center

    0.91 miles

  • Gravois Childcare Learning Center

    1.04 miles

  • Lambs Pride Day Care Center

    1.55 miles

  • Childgarden Early Childhood Center

    2.11 miles

  • Kim's Kids

    2.45 miles

  • Union Preschool

    3.28 miles

  • Mary Margaret Daycare

    3.30 miles

  • Eternity Childcare

    3.47 miles

  • University City Children's Center

    5.22 miles

  • YWCA Head Start

    5.41 miles

Frequently Asked Questions

How much does 3548-3550 Magnolia Ave cost?

The space currently listed for sale at 3548-3550 Magnolia Ave asks for $499,000.

What is the total square footage of 3548-3550 Magnolia Ave?

3548-3550 Magnolia Ave totals 5,481 square feet.

When was this property built?

3548-3550 Magnolia Ave was built in 1904.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Timothy McCarthy

Salient Realty Group