$349,900

3146 Nebraska Avenue, St Louis, MO 63118

3,100 sqft

Multi-Family Home
Built in 1885
5,375sqft lot
—— car garage
$113/sqft
Listed 1 month ago

Property Description

Welcome to 3164 Nebraska, a recently updated four-family property located in the heart of Benton Park West, just off the Arsenal & Gravois corridor. Positioned in a high-demand rental pocket surrounded by Tower Grove East, South Grand, and Soulard, offering convenient access to South City dining, public transit, parks, and neighborhood amenities. The building features a strong unit mix of (2) one-bedroom units, (1) two-bedroom unit, and (1) studio. Two units are currently leased, with two additional units nearly rent-ready and expected to be online within 30 days. Projected returns support an estimated 12% cap rate, supported by solid rental activity and neighborhood comps. Major capital improvement includes a full roof replacement completed December 2024. A well-located multifamily opportunity offering stable income potential in a proven South City rental market. Ideal for investors or future house hackers. Enjoy South St. Louis City at its finest

Listing Status:: Pending
Date Added:: January 2, 2026
Data Last Updated:: February 18, 2026 at 12:18PM
Listing Office:: Ascend Real Estate Advisors : 314-594-4024
MLS ID:: 25082137

Basement: Unfinished
A/C: Ceiling Fan(s)Central AirWall/Window Unit(s)
Heating: Forced Air

Style: Traditional

General: BrickTraditional

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

Zoning: 1475-00-0150-0

Utilities: Single Phase
Water: Public

Source: maris2

This listing courtesy of Ascend Real Estate Advisors

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Shenandoah Elementary School

3412 Shenandoah Ave, Saint Louis, MO, 63104

Grades PK-6

0.75 miles away

Fanning Middle School

3417 Grace Ave, Saint Louis, MO, 63116

Grades 6-8

0.81 miles away

Roosevelt High School

3230 Hartford St, Saint Louis, MO, 63118

Grades 9-12

0.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.