3921 Shenandoah Avenue, St Louis, MO 63110

$815,000

bedrooms

bathrooms

square feet

5,462

Acreage

0.1416

Open Houses

year built

1903

Full Baths

Half Baths

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ENORMOUS 4-Family building in the heart of the prestigious Shaw neighborhood has two 4 bedroom and two 3 bedroom units and is currently producing a 7.2% Cap Rate with 10.3% Proforma and Current NOI of $58,331! 3 of 4 Units have been updated in recent years, along with 2 new HVAC & Water Heaters 2024, Recent Tuckpointing on all sides, 3 of 4 units are subsidized rent for guaranteed stability. The 4th is MTM, coincidentally the unit that has not been updated due to a long-term tenant – but that would make it perfect for an owner occupant to move in, add your own touches to your preference and make this your home! Seller not interested and won't consider offers including seller financing, or creative financing, but welcomes your CASH, or Conventionally backed contracts. We MAY be able to arrange listing agent accompanied viewings of the basement for serious buyers with proof of funds. Tenants will not be disturbed w/o a contract.

Location
Subdivision	Tyler Place Add
County	St Louis City
Elementary School	Mann Elem.
Middle School	Long Middle Community Ed. Center
High School	Roosevelt High

Driving directions

Open houses

None scheduled.

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MLS number: 24067005

Listing agent: Lynne Hart #2015021561

Listing broker: Real Broker, Llc (855) 450-0442

Last update: Tuesday, April 22 2025 at 3:03 p.m. EDT

Kotohomes National