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Street View
$329,900
Monthly Est:$1,642
-- Bed
- -- Bath
5,560sqft
3124 Magnolia Ave, Saint Louis, MO 63118
$329,900
$1,642/moEst:
Get Pre-Approved
Multi Family
Built in 1907
$-- HOA
1,655.28 sqft lot
$59/sq.ft
Description
LIVE • WORK • INVEST! SELLER FINANCING AVAILABLE — RATES AS LOW AS 6.99% FOR QUALIFIED BUYERS. Unique mixed-use opportunity in historic Tower Grove East. This approximately 5,560 SF two-story brick corner building offers exceptional flexibility for an owner-user, investor or entrepreneur. The substantially updated main level offers approximately 2,780 SF and was formerly operated as a convenience store and deli. Features include high ceilings, distinctive decorative ceilings, updated flooring and restroom, storefront windows, retail fixtures, beverage coolers, service counter and ductless cooling. The approximately 2,780 SF upper level, formerly configured as two residential units, offers an open canvas for redevelopment with newer windows, exposed brick, subfloor improvements and framing underway. Former residential units are not presently configured for occupancy and will require completion and applicable approvals. Explore residential, live/work, rental or other legally permitted possibilities. Convenient access to I-44, I-55, I-64 and downtown St. Louis. Property offered AS-IS, WHERE-IS; seller will make no repairs. Seller financing subject to buyer qualification, down payment, credit profile, transaction structure, Seller approval and definitive financing documents. Buyer to independently verify zoning, permitted uses, occupancy requirements and redevelopment approvals. Also listed Commercial MLS #26054395. Owner/Agent.
- Houzeo last checked: 5 minutes ago
- Listing updated: September 30, 2026 at 9:55 pm
- Listing Provided by: Linda Alexander (314) 713-0864 | Linda Alexander Real Estate LLC (314) 259-1127
- Source: MARIS MLS-MO | MLS#: MIS26051288

Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1907
HOA Fees
-
Finished Area
5,560 sqft
Lot Size
1,655.28 sqft lot
Basement Area
- sqft
MLS Name
MARIS MLS
MLS Number
MIS26051288
MLS Status
Active
Days on Market
60
Cumulative Days on Market
34

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Cooling
Ductless, Electric, Multi Units
Flooring
Ceramic Tile, Plank
Heating
Natural Gas
Construction
Year Built
Year Built: 1907
Home type
Multi Family
Property Condition
Fixer, Updated/remodeled
Roof
Flat
Architectural Style
Traditional
Construction Materials
Brick, Other
Utilities & Energy
Water Source
Public
Basement
8 Ft + Pour, Unfinished, Walk Out Access
Utilities
Cable Available, Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available
Electric
Ameren
Parking Features
Off Street, Parking Pad
Other Features
Subdivision Name
Lynch Add
Disclosures
Agent Owned, Code Compliance Required, Occupancy Permit Required
Lot Features
City Lot, Corner Lot, Level
Price History
| Date | Event | Price |
|---|---|---|
08/27/2026 Source: | Listed for Sale | $359,900 +9.09% $65/sqft |
08/27/2026 Source: | Price Decreased | $329,900 -8.34% $59/sqft |
08/10/2026 Source: | Coming Soon | $359,900 $65/sqft |
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Based on information from Mid America Regional Information Systems, Inc. through Oct 10, 2026, 04:31PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is
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