$254,900

2835 Miami Street, St Louis, MO 63118

3,350 sqft

Multi-Family Home
Built in 1915
5,070sqft lot
—— car garage
$76/sqft
Listed 2 months ago

Property Description

Don't miss this opportunity to acquire a fully updated, professionally managed four family property in South City, just two blocks from the Historic Cherokee Street District! The numbers work from day one. Three tenants are already in place with current rents of $635, $650, and $650. A huge upside for investors and owner occupants alike. Rents in this area are pushing $750–$800 per unit, meaning a savvy investor can capture an additional $465–$615 per month in gross income simply by bringing rents to market. For the owner occupant, this is your house hack. One vacant unit is move in ready with a passed occupancy inspection, allowing you to live in one unit while your tenants pay down your mortgage. Few opportunities in this price range offer this level of immediate flexibility. What sets this property apart: All four units updated during seller's ownership. Newer LVP flooring throughout with spacious layouts in every unit. Professionally managed with quality tenants already in place. Many major expenses have already addressed by the seller including tuck pointing, roof repairs, full unit rehabs, and sewer lateral work. Much of the heavy lifting has been done. You're buying stabilized cash flow with a clear path to increased returns. The second floor units feature private bedrooms. The first floor units offer walk through bedroom layouts. The 1st floor vacant unit and left-side basement are available for immediate showings. Occupied units available with accepted contract. **No seller financing** Schedule your showing today!

Listing Status:: Active
Date Added:: March 23, 2026
Data Last Updated:: May 22, 2026 at 3:16PM
Listing Office:: Mogul Realty : 314-865-1170
MLS ID:: 26013980

Appliances: Built-In Gas OvenRefrigerator
Laundry: In Basement
Basement: Unfinished
Flooring: Luxury Vinyl
A/C: Window Unit(s)
Heating: Forced Air
Fireplace: Living RoomFireplaceFireplaces: 4

Style: Historic
Other Structures: Front Porch
Parking: Parking spaces: 0

Roofing: Flat
Windows: Screens
General: BrickHistoricStone

Originating MLS: maris2
School District: St. Louis City
County: St Louis City

Zoning: 1574-00-0360-0
Fencing: Chain Link

Utilities: Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedAmeren
Water: Public

Source: maris2
Ownership: Private

This listing courtesy of Mogul Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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