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2835 Miami Street, St Louis City, MO, 63118

**Updated Price**Don't miss this opportunity to acquire a fully updated, professionally managed four family property in South City, just two blocks from the Historic Cherokee Street District! The numbers work from day one. Two tenants are already in place with current rents of $635 and $650. One unit is currently listed at $695 per month. A huge upside for investors and owner occupants alike. Rents in this area are pushing $750–$800 per unit, meaning a savvy investor can capture an additional $465–$615 per month in gross income simply by bringing rents to market. For the owner occupant, this is your house hack. One vacant unit is move in ready with a passed occupancy inspection, allowing you to live in one unit while your tenants pay down your mortgage. Few opportunities in this price range offer this level of immediate flexibility. What sets this property apart: All four units updated during seller's ownership. Newer LVP flooring throughout with spacious layouts in every unit. Professionally managed with quality tenants already in place. Many major expenses have already addressed by the seller including tuck pointing, roof repairs, full unit rehabs, and sewer lateral work. Much of the heavy lifting has been done. You're buying stabilized cash flow with a clear path to increased returns. The second floor units feature private bedrooms. The first floor units offer walk through bedroom layouts. The 1st and 2nd floor vacant unit and left-side basement are available for immediate showings. The 1sst floor unit is currently listed fore rent. Occupied units available with accepted contract. **No seller financing** Schedule your showing today!

Subdivision: St Louis Commons Add

List Price

$ 225,000

Status

Active

Days on market

0

MLS#

26013980

Bedrooms

0

Full baths

0

Sq. Ft. Above

3,350

Subdivision

St Louis Commons Add

Municipality

St Louis City

School District

St. Louis City

County

St Louis City

Property Type

Residential Income

Style

Historic

Type

Residential Income

Additional Information

Property Tax (2025)

$764

Recent Nearby Sales in 63118

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
3417 Humphrey Street, St Louis City, MO 63118 3/3 2,040 $410,000 $410,000
100% of ask
Sep 8, 2026
2918 Michigan Avenue, St Louis City, MO 63118 3/3 1,770 $315,000 $304,618
96.7% of ask
Sep 4, 2026
3623-3625 Virginia Ave, St Louis City, MO 63118 0/0 4,639 $249,000 $227,500
91.4% of ask
Sep 3, 2026
3504 Arsenal Street, 2F, St Louis City, MO 63118 1/1 800 $950 $950
100% of ask
Sep 1, 2026
2602 Minnesota Avenue, St Louis City, MO 63118 2/2 1,664 $1,900 $1,900
100% of ask
Sep 1, 2026
3112 S South Compton Avenue, St Louis City, MO 63118 3/1 3,750 $159,900 $160,000
100.1% of ask
Aug 31, 2026

Price & Listing History

Listed for sale
Mar 23, 2026 at $235,000
Price reduced by $10,000 (4.3%)
From $235,000 to $225,000
Current status: Active
As of Sep 1, 2026 · $225,000

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