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$329,900 Active

3124 Magnolia Avenue, St Louis City, MO, 63118

0 ba | 5,560 sq ft | Traditional
Subdivision: Lynch Add
LIVE • WORK • INVEST! SELLER FINANCING AVAILABLE — RATES AS LOW AS 6.99% FOR QUALIFIED BUYERS. Unique mixed-use opportunity in historic Tower Grove East. This approximately 5,560 SF two-story brick corner building offers exceptional flexibility for an owner-user, investor or entrepreneur. The substantially updated main level offers approximately 2,780 SF and was formerly operated as a convenience store and deli. Features include high ceilings, distinctive decorative ceilings, updated flooring and restroom, storefront windows, retail fixtures, beverage coolers, service counter and ductless cooling. The approximately 2,780 SF upper level, formerly configured as two residential units, offers an open canvas for redevelopment with newer windows, exposed brick, subfloor improvements and framing underway. Former residential units are not presently configured for occupancy and will require completion and applicable approvals. Explore residential, live/work, rental or other legally permitted possibilities. Convenient access to I-44, I-55, I-64 and downtown St. Louis. Property offered AS-IS, WHERE-IS; seller will make no repairs. Seller financing subject to buyer qualification, down payment, credit profile, transaction structure, Seller approval and definitive financing documents. Buyer to independently verify zoning, permitted uses, occupancy requirements and redevelopment approvals. Also listed Commercial MLS #26054395. Owner/Agent.

Status: Active · MLS# 26051288 · Listing Courtesy of Linda Alexander Real Estate LLC

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Facts and features

List Price

$ 329,900

Status

Active

Days on market

0

MLS#

26051288

Bedrooms

0

Full baths

0

Sq. Ft. Above

5,560

Subdivision

Lynch 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)

$262

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 $359,900
Aug 27, 2026 · original list price
Price reduced by $30,000 (8.3%)
From $359,900 to $329,900
Current status: Active
As of Sep 30, 2026 · $329,900

Every time this home was on the market

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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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