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3738 Gravois Avenue, St Louis City, MO, 63116

Investor's Dream in Tower Grove South! Mixed-Use Property with Income Potential. Calling all savvy investors! Don’t miss this rare opportunity to own a mixed-use commercial and residential building in the highly desirable Tower Grove South neighborhood of St. Louis. This spacious property features a street-level commercial storefront plus four fully leased apartment units, offering a solid income stream with significant upside potential rents are currently below market value. The commercial storefront unit is currently vacant. The building includes key updates such as some PVC plumbing, some updated electrical panels, some gas water heaters, some newer toilets, and replacement doors. Apartments are equipped with forced-air heat and window AC units for tenant comfort. The second floor boasts a shared balcony for added charm and tenant appeal. Located just minutes from Tower Grove Park, major hospitals, public transportation, and highways, this is a prime location for both commercial visibility and residential demand. Whether you're expanding your portfolio or just getting started, this property offers the perfect blend of cash flow, location, and long-term value.

Subdivision: South End Park Add

List Price

$ 270,000

Status

Active

Days on market

0

MLS#

26026816

Bedrooms

0

Full baths

0

Sq. Ft. Above

4,505

Sq. Ft. Below

5,400

Subdivision

South End Park Add

Municipality

St Louis City

School District

St. Louis City

County

St Louis City

Property Type

Residential Income

Style

Apartment Style,Other

Type

Residential Income

Additional Information

Property Tax (2024)

$2,052

Recent Nearby Sales in 63116

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
3927 French Court, St Louis City, MO 63116 2/1 960 $190,000 $207,000
108.9% of ask
Sep 8, 2026
3953 Federer Place, St Louis City, MO 63116 3/3 2,296 $525,000 $530,000
101% of ask
Sep 4, 2026
5000 Steffens Avenue, St Louis City, MO 63116 2/2 963 $185,000 $201,500
108.9% of ask
Sep 4, 2026
3850 Arsenal Street, St Louis City, MO 63116 4/4 2,644 $620,000 $605,000
97.6% of ask
Sep 4, 2026
4827 Miami Street, St Louis City, MO 63116 2/1 960 $169,999 $156,000
91.8% of ask
Sep 3, 2026
5860 Christy Boulevard, St Louis City, MO 63116 0/0 -- $330,000 $320,000
97% of ask
Sep 2, 2026

Price & Listing History

Listed for sale
May 15, 2026 at $295,000
Price reduced by $25,000 (8.5%)
From $295,000 to $270,000
Current status: Active
As of Aug 11, 2026 · $270,000

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