3430 Grace Avenue, St Louis, MO 63116

• 4,424 sqft

Property Description

Don't miss your chance to own this income-producing 4-unit property at 3430 Grace Avenue. Currently, three units are occupied and generating a gross annual income of $53,640, while the vacant unit presents immediate upside potential for additional rental income or owner occupancy. Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking to live in one unit while collecting rent from the others, this property offers flexibility and long-term wealth-building potential. The current owner has made several recent capital improvements, helping reduce future maintenance concerns and adding long-term value to the property. Updates include two newer furnaces, a coated roof, a new water heater, new concrete along the backyard walkway, completed tuckpointing work, a parge-coated basement wall, and a newly installed retaining wall. Conveniently located near major amenities, residents enjoy easy access to grocery stores, restaurants, entertainment, Saint Louis University (SLU), and Tower Grove Park. With an established income stream already in place, significant recent improvements completed, and the opportunity to increase value through the vacant unit, this is a rare opportunity to secure a versatile multi-family asset in the South City area. Invest, occupy, or do both. Opportunities like this are hard to find. Schedule your showing today and take advantage of this exceptional investment opportunity.

Listing Status:

Active

Date Added:

October 2, 2026

Data Last Updated:

November 10, 2026 at 2:19PM

Listing Office:

RE/MAX Integrity : 314-842-2277

MLS ID:

26062836

Interior

• Basement: Full
• A/C: Central Air
• Heating: Forced Air
• Fireplace: FireplaceFireplaces: 1

Exterior

• Style: Other

Construction

• General: BrickStoneTwo

Location

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

Lot

• Zoning: 1596-00-0010-0

Utilities

• Water: Public

Financial

• Source: maris2