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2845 Meramec Street, St Louis City, MO, 63118

Income-generating, occupied 4-family! This updated brick building is the perfect opportunity to start or expand your investment portfolio. All four units have been improved with major big-ticket updates in 2018 including, but not limited: sewer lateral, 200 amp panels & electric, roof, windows, interior plumbing, updated baths/kitchens and HVAC. Each unit features a functional layout with a spacious living room, kitchen, large full bath, and 1 bedroom. Tenants enjoy off-street parking and a fenced yard, plus convenient access to public transportation. Current rents are $900 per unit with room to increase, providing solid income from day one. All tenants signed a 1 year lease insuring future stability for the next investor. Don’t miss this turnkey investment opportunity!

Subdivision: Woodson Add

List Price

$ 285,000

Status

Active

Days on market

0

MLS#

26020390

Bedrooms

0

Full baths

0

Sq. Ft. Above

3,400

Subdivision

Woodson Add

Municipality

St Louis City

School District

St. Louis City

County

St Louis City

Property Type

Residential Income

Style

Traditional

Type

Residential Income

Additional Information

Property Tax (2025)

$954

Recent Nearby Sales in 63118

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
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
3322 Pennsylvania Avenue, St Louis City, MO 63118 0/0 4,336 $325,000 $310,000
95.4% of ask
Aug 31, 2026

Price & Listing History

Listed for sale
May 21, 2026 at $295,000
Price reduced by $10,000 (3.4%)
From $295,000 to $285,000
Current status: Active
As of Aug 31, 2026 · $285,000

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