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$184,900 Active Under Contract

3530 Arkansas Avenue, St Louis City, MO, 63118

0 ba | 3,494 sq ft | Traditional
Subdivision: St Louis Commons Add
INVESTOR SPECIAL IN GRAVOIS PARK! All-brick four-family with four 1-bedroom units, priced for the value-add buyer. One unit is currently leased at $650/month. The remaining three units are vacant and need repairs and updates, giving the next owner the chance to renovate, set rents, and place tenants of their choosing. Market rents for comparable 1-bedroom units in the area run approximately $850-$1,000/month depending on the level of renovation. With three units brought to market rent, projected gross income is approximately $3,200-$3,650/month, with further upside as the current lease turns over. Located in Gravois Park, minutes from Cherokee Street and Tower Grove Park, with an easy commute to Saint Louis University and Harris-Stowe State University. Nearby parks, dining, shopping and entertainment support steady rental demand. A strong fit for investors looking to force appreciation and grow a rental portfolio, or for an owner-occupant who wants to live in one unit and renovate the others over time.

Status: Active Under Contract · MLS# 26051027 · Listing Courtesy of EXP Realty, LLC, [email protected]

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Facts and features

List Price

$ 184,900

Status

Active Under Contract

Days on market

0

MLS#

26051027

Bedrooms

0

Full baths

0

Sq. Ft. Above

3,494

Subdivision

St Louis Commons 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

Recent Nearby Sales in 63118

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
3464/3464 A Montana Street, 1&2, St Louis City, MO 63118 0/0 2,476 $149,900 $136,000
90.7% of ask
Nov 10, 2026
2761 Gravois Avenue, St Louis City, MO 63118 1/1 800 $650 $650
100% of ask
Nov 10, 2026
3005 Minnesota Avenue, St Louis City, MO 63118 2/2 1,496 $180,000 $190,000
105.6% of ask
Nov 9, 2026
2906 Virginia Avenue, St Louis City, MO 63118 3/3 2,116 $395,000 $395,000
100% of ask
Nov 9, 2026
3001 Keokuk Street, St Louis City, MO 63118 3/2 1,408 $74,999 $68,000
90.7% of ask
Nov 5, 2026
3515 Oregon Avenue, St Louis City, MO 63118 0/0 1,976 $240,000 $240,000
100% of ask
Nov 5, 2026

Price & Listing History

Listed for sale at $210,000
Aug 20, 2026 · original list price
Price reduced by $11,000 (5.2%)
From $210,000 to $199,000
Price reduced by $14,100 (7.1%)
From $199,000 to $184,900 · $25,100 below the original price
Current status: Active Under Contract
As of Nov 3, 2026 · $184,900

Every time this home was on the market

Prior listings, expired and canceled listings, days on market, price changes and sold prices from MARIS MLS records.

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Most MLS-recorded sales near this home

Most closed sales in the last 12 months around this address, listing side and buyer side, plus this listing agent's record.

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