$499,500

4614 Shenandoah Avenue, St Louis, MO 63110

  • 3,536 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon4,800sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $141/sqft
  • Property List Date Icon Listed 22 days ago

Property Description

Four-family investment opportunity in the highly desirable Southwest Garden neighborhood, just minutes from the Missouri Botanical Garden, Barnes-Jewish Hospital, Washington University Medical School, Forest Park, and Tower Grove Park. This 3,536 sq. ft. building features four true 1-bedroom units, each approximately 775 sq. ft. Two units are currently occupied, with one vacant unit offering an excellent opportunity for an owner-occupant or value-add investor. Each unit includes central heating and cooling, and the basement provides dedicated laundry hookups for each apartment. The building offers multiple paths to increase income. Rents may be raised with existing layouts, and there is potential to convert the units from 1-bedroom to 2-bedroom layouts by creating a front bedroom and opening the kitchen to the living area with a possible island-style layout. Recent rental data supports strong upside. Average 1-bedroom apartment rents are $1,378, based on 23 one-bedroom rentals within the past 6 months in a 1.5-mile radius. Average 2-bedroom rents are $1,578, based on 5 two-bedroom, one-bath rentals within the past 18 months in a 0.5-mile radius. Tenants are long term tenants that have not had a rent increase. Recent sales of four-family properties in nearby have ranged from the mid-$500,000s to $850,000. Major improvements include a 6-year-old TPO roof, mostly replaced vinyl windows, PVC plumbing stacks, drains, and lateral. Additional features include a fenced backyard and rear parking pad. Strong location, functional layouts, existing occupancy, and value-add upside make this a compelling opportunity in one of St. Louis’ most convenient and desirable rental corridors.

Listing Status:
Active
Date Added:
June 11, 2026
Data Last Updated:
July 5, 2026 at 3:19AM
Listing Office:
Invest St. Louis : 314-325-6201
MLS ID:
26037176
  • Appliances: Gas Water Heater
  • Laundry: Common Area
  • Flooring: Hardwood
  • A/C: GasCentral Air
  • Heating: Forced AirNatural Gas
  • Style: Traditional
  • Parking: Off StreetOn Street
  • General: BrickTwo
  • HOA Amenities: 0.0
  • Originating MLS: maris2
  • School District: St. Louis City
  • County: St Louis City
  • Zoning: C. B. 4098 N SHENANDOAH AVE 40 FT X 120 FT SHAWS GARDEN ADDN BLK B LOT 44098-05-0090-0
  • Fencing: Fenced
  • Water: Public
  • Source: maris2

This listing courtesy of Invest St. Louis

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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