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4028 S Spring Avenue, St Louis City, MO, 63116

INVESTORS & HOUSE HACKERS—THIS ONE IS READY TO GO! Welcome to 4028 S Spring Ave, a nicely updated South City duplex offering an excellent combination of current rental income, an immediately usable second unit, and several important improvements already completed. Whether you're looking to add a straightforward rental to your portfolio or live in one unit while generating income from the other, this property offers plenty of flexibility. The 1st-floor unit is currently occupied at $850/month, plus an additional $50/month toward water, sewer and trash, providing $900/month in current gross income. The 2nd-floor unit is vacant, giving a new owner the opportunity to move in, place a new tenant, or establish their own lease terms. The previous tenant also paid $850/month plus the $50 monthly utility contribution. Seller will provide the occupancy permit for the vacant unit. Recent improvements include a new sewer lateral inside the building, updated kitchens, new LVP flooring in the kitchens and bathrooms, and two new electrical panels. These updates take some of the big-ticket concerns off the table and make this duplex an attractive option for an investor looking for a property that is ready to put to work. For the investor, the existing tenant provides day-one rental income, while the vacant unit creates an opportunity to establish a new lease and increase overall gross income. For the owner occupant, live in one unit and let the other unit help offset your housing expenses—a classic South City house-hacking opportunity.The building offers the charm and character buyers expect from a South City duplex while incorporating practical updates that today's tenants and owners appreciate. With one unit already producing income and the other ready for its next occupant, 4028 S Spring is a duplex worth adding to your tour list!

Subdivision: Grand Blvd Park Add

List Price

$ 165,000

Status

Coming Soon

Days on market

0

MLS#

26062900

Bedrooms

0

Full baths

0

Sq. Ft. Above

1,824

Subdivision

Grand Blvd Park Add

Municipality

St Louis City

School District

St. Louis City

County

St Louis City

Property Type

Residential Income

Style

Historic

Type

Residential Income

Additional Information

Property Tax (2025)

$1,834

Recent Nearby Sales in 63116

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
3555 S Spring Avenue, St Louis City, MO 63116 3/3 2,008 $269,900 $274,900
101.9% of ask
Sep 29, 2026
4731 Rosa Avenue, St Louis City, MO 63116 2/1 1,080 $229,900 $240,000
104.4% of ask
Sep 28, 2026
3625 Juniata Street, St Louis City, MO 63116 5/3 2,259 $500,000 $500,000
100% of ask
Sep 25, 2026
3651 Montana Street, St Louis City, MO 63116 0/0 -- $175,000 $165,400
94.5% of ask
Sep 25, 2026
4615 Newport Avenue, St Louis City, MO 63116 3/2 505 $72,700 $70,000
96.3% of ask
Sep 25, 2026
3810 Arsenal Street, St Louis City, MO 63116 4/3 2,102 $230,000 $218,000
94.8% of ask
Sep 25, 2026

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