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- Description
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Street View
$299,900
Monthly Est:$1,493
4 Beds
4 Baths
2,670sqft
3628 Arkansas Ave, Saint Louis, MO 63118
$299,900
$1,493/moEst:
Get Pre-Approved
Multi Family
Built in 1960
$-- HOA
5,000.69 sqft lot
$112/sq.ft
Description
PRICE IMPROVEMENT – Fully Occupied 4-Family Investment Opportunity! Offered at $299,900, this income-producing property at 3628-3630 Arkansas Ave features four 1-bedroom, 1-bath units, all currently occupied and generating immediate rental income.
Each unit is currently rented at $750/month, producing $3,000 in gross monthly rent and $36,000 annually. At the new asking price, that's approximately a 12.0% gross rent yield based on current rents. Three of the four units are currently occupied by Section 8 tenants.
Tenants are responsible for their own electric and gas. Owner pays water, sewer, trash, and landscaping. Property is currently professionally managed, making this an attractive opportunity for an investor looking to add a stabilized multifamily asset to their portfolio.
Please do not disturb tenants. No showings without an accepted contract. Rent roll, leases, tenant ledgers, and occupancy permits are available for review. Buyer and buyer's agent to verify all financial information, rents, expenses, and property details.
- Houzeo last checked: 11 minutes ago
- Listing updated: October 7, 2026 at 2:40 pm
- Listing Provided by: Miranda Hedrick (314) 705-7750 | Gateway Real Estate (314) 293-9339
- Source: MARIS MLS-MO as distributed by MLS GRID | MLS#: MIS26057490
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1960
HOA Fees
-
Finished Area
2,670 sqft
Lot Size
5,000.69 sqft lot
Basement Area
- sqft
MLS Name
MARIS MLS
MLS Number
MIS26057490
MLS Status
Active
Days on Market
53
Cumulative Days on Market
29
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Interior
Heating
Forced Air, Gas
Interior Features
Center Hall Floorplan
Cooling
Ceiling Fan(s), Central Air
Flooring
Hardwood, Laminate, Linoleum
Appliances
Electric Range, Gas Range, Refrigerator
Construction
Year Built
Year Built: 1960
Home type
Multi Family
Architectural Style
Traditional
Construction Materials
Brick
Utilities & Energy
Laundry Features
In Basement
Water Source
Public
Electric
Ameren
Basement
Full, Interior Entry, Storage Space, Unfinished
Utilities
Cable Available
Parking Features
Alley Access, Off Street, On Street, Parking Pad
Other Features
Disclosures
None
Lot Features
Back Yard, City Lot, Few Trees
Subdivision Name
Bells Add
Price History
| Date | Event | Price |
|---|---|---|
09/08/2026 Source: | Listed for Sale | $314,900 +5.00% $118/sqft |
09/08/2026 Source: | Price Increased | $299,900 +64.78% $112/sqft |
02/15/2020 Source: | Sold | $182,000 $68/sqft |
Getting Around 3628 Arkansas Ave
Bike Score®
Bikeable
58/100
Walk Score®
Very Walkable
85/100
Transit Score®
Some Transit
47/100
Data provided by Redfin
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Based on information from Mid America Regional Information Systems, Inc. through Nov 01, 2026, 02:46AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is
subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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