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4042 Nebraska Avenue, St Louis City, MO, 63118

High-yield investment opportunity with a projected gross monthly income of $6,600! This 3-story brick 4-plex features an exceptional unit mix designed for maximum cash flow. The second and third floors boast two rare, massive 6-bedroom, 2-bathroom units estimated at $2,100/month each. The main floor features two spacious 2-bedroom, 1-bathroom units estimated at $1,200/month each. Recent capital improvements include updated kitchens and bathrooms, fresh paint, resurfaced flooring, and newer windows. Capitalize on flexible acquisition terms—SELLER FINANCING IS AVAILABLE WITH AN ADEQUATE DOWN PAYMENT! Property to be sold as-is.

Subdivision: Irwin Z Smiths Add

List Price

$ 399,000

Status

Active

Days on market

0

MLS#

26031698

Bedrooms

0

Full baths

0

Sq. Ft. Above

7,919

Subdivision

Irwin Z Smiths Add

Municipality

St Louis City

School District

St. Louis City

County

St Louis City

Property Type

Residential Income

Style

Apartment Style

Type

Residential Income

Additional Information

Property Tax (2025)

$784

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
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
3448 Magnolia Avenue, St Louis City, MO 63118 0/0 -- $325,000 $325,000
100% of ask
Aug 31, 2026

Price & Listing History

Listed for sale
May 29, 2026 at $450,000
Price reduced by $51,000 (11.3%)
From $450,000 to $399,000
Current status: Active
As of Aug 28, 2026 · $399,000

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