3548-3550 Magnolia Ave Listing Details & Market Data

3548-3550 Magnolia Ave, Saint Louis, MO 63118

  • For Sale $499,000
  • Property Type Multi-Family
  • Property Size 5,481 SF
  • Units 4
  • Year Built 1904
  • Date Updated Feb 19, 2024
iIncredible opportunity to own a 4 family in Tower Grove East near Tower Grove Park. This would be perfect for an owner-user or for an investor to add to their portfolio. Rents are significantly below market - Lease rates in the neighborhood for similar style units are ~$1,100. With the location, there is a tremendous opportunity to utilize a traveling nurses’ program and get significantly higher rents. All units are 1/1 and are approximately 950 SF. The property has updated systems – PVC stakes, updated electrical, 3/4 of the A/C units have been recently replaced, newer hot water heaters, vinyl windows and the roof was replaced in 2018.

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Highlights

  • Incredible Location
  • Rents Well Below Market
  • Great Opportunity for an Owner/Occupant - 1 unit is currently vacant
  • Systems Updated & New Roof in 2018

Contacts

broker

Timothy McCarthy

Salient Realty Group

(314) 451-7145

Location

Getting Around

  • Walk Score ®

    Very Walkable (87)

  • Transit Score ®

    Some Transit (40)

  • Bike Score ®

    Very Bikeable (79)
Powered by Walk Score ®
  • City Saint Louis, MO
  • Neighborhood Tower Grove East
  • Zip Code 63118
  • Market St Louis

Points of Interest

  • Grand

    1.66 miles

  • Cortex

    2.00 miles

  • Union Station

    2.33 miles

  • Central West End

    2.36 miles

  • Saint Louis

    2.38 miles

  • Civic Center

    2.44 miles

  • Stadium

    2.79 miles

  • 8th & Pine

    3.01 miles

  • Red Rocks Station

    3.18 miles

  • Convention Center

    3.26 miles

  • EVgo Charging Station

    0.32 miles

  • BP

    0.43 miles

  • Conoco

    0.97 miles

  • 76

    1.00 miles

  • BP

    1.16 miles

  • MPC

    1.24 miles

  • QuikTrip

    1.44 miles

  • Phillips 66

    1.44 miles

  • Moto Mart

    1.54 miles

  • QuikTrip

    1.58 miles

  • 1327

    1.49 miles

  • Visitor Lot

    1.55 miles

  • Tour Parking

    1.57 miles

  • Chroma Apartments Garage

    1.63 miles

  • Santa Clara Lot

    1.95 miles

  • IKEA Parking Lot

    1.96 miles

  • 4220 Duncan Garage

    1.99 miles

  • Laclede Parking Garage

    1.99 miles

  • Market Street Parking Garage

    2.04 miles

  • Gonzaga Lot

    2.05 miles

  • Steve's Hot Dogs Tower Grove

    0.11 miles

  • Qdoba

    0.24 miles

  • Subway

    0.27 miles

  • Domino's

    0.28 miles

  • Hong Kong Express

    0.28 miles

  • Mekong Restaurant

    0.29 miles

  • City Diner

    0.31 miles

  • The Shaved Duck

    0.32 miles

  • Steve’s Hot Dogs

    0.32 miles

  • Rooster

    0.34 miles

  • Missouri School for the Blind

    0.26 miles

  • Shenandoah Elementary School

    0.31 miles

  • Roosevelt High School

    0.48 miles

  • Saint Margaret of Scotland School

    0.73 miles

  • Fanning Middle School

    0.75 miles

  • Mann Elementary School

    0.80 miles

  • Loretto Academy

    0.82 miles

  • KIPP Wisdom Academy

    0.82 miles

  • Teachers College

    0.82 miles

  • Tower Grove Christian Academy

    0.85 miles

  • Castleman Corner Day Care Center

    0.91 miles

  • Gravois Childcare Learning Center

    1.04 miles

  • Lambs Pride Day Care Center

    1.55 miles

  • Childgarden Early Childhood Center

    2.11 miles

  • Union Preschool

    3.28 miles

  • Mary Margaret Daycare

    3.30 miles

  • Eternity Childcare

    3.47 miles

  • YWCA Head Start

    5.41 miles

  • Gymboree

    6.56 miles

  • Miss Patt's Daycare

    7.04 miles

Contact Listing Broker

broker

Timothy McCarthy

Salient Realty Group

(314) 451-7145