$445,000

4944 Mardel Avenue, St Louis, MO 63109

3,400 sqft

Multi-Family Home
Built in 1927
5,040sqft lot
2 car garage
$131/sqft
Listed 7 days ago

Property Description

Solid 4-Family Opportunity in the Heart of Northampton! Gorgeous well-kept large building with marble entry & stairs. Each of the four apartments offers a spacious, functional layout featuring a living room, a true dining room, kitchen with eat-in area, full bath, a large private bedroom PLUS a charming front balcony! Beautiful refinished hardwood floors add warmth and character, while thoughtful updates throughout the building include newer furnaces, updated plumbing stacks, upgraded electrical panels, and one unit with central air (the remaining units are equipped with window A/C units). An oversized detached brick two-car garage provides an additional income stream, currently rented for $200 per month. Whether you're looking to expand your investment portfolio or searching for the ideal owner-occupant opportunity, this well-maintained four-family delivers. Live in one unit while the rental income helps offset your mortgage, or enjoy immediate cash flow with three of four apartments currently leased to excellent tenants. Located in the heart of Northampton, you'll be within walking distance of neighborhood favorites including The Golden Hoosier, Piper's Tea & Coffee, Bud's Pizza, and the exciting growth and redevelopment happening along Kingshighway. Currently professionally managed, combining classic South City charm, strong rental performance, and a prime location, this turnkey property offers an outstanding opportunity for both investors and owner-occupants alike.

Listing Status:: Active
Date Added:: July 15, 2026
Data Last Updated:: July 22, 2026 at 7:19AM
Listing Office:: Epique Realty : 888-893-3537
MLS ID:: 26044837

Laundry: In Basement
Basement: Unfinished
Flooring: TileWood
A/C: Ceiling Fan(s)Central AirWindow Unit(s)
Fireplace: Fireplaces: 0

Style: Historic

General: BrickStoneHistoric

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

Zoning: 6032-00-0140-0

Source: maris2

This listing courtesy of Epique Realty

Monthly Payment

$Est. Payment

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

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