3738 Gravois Ave Saint Louis, MO 63116
Tower Grove South NeighborhoodEstimated payment $1,774/month
Highlights
- No HOA
- Ceiling Fan
- Walk-Up Access
- Forced Air Heating System
About This Home
**Investor's Dream in Tower Grove South! Mixed-Use Property with Income Potential** Calling all savvy investors! Don’t miss this **rare opportunity** to own a **mixed-use commercial and residential building** in the highly desirable **Tower Grove South** neighborhood of St. Louis. This spacious property features a **street-level commercial storefront** plus **four fully leased apartment units**, offering a solid income stream with **significant upside potential**—rents are currently **below market value**. The commercial storefront unit is currently vacant. The building includes key updates such as **some PVC plumbing, some updated electrical panels, some gas water heaters, some newer toilets, and replacement doors**. Apartments are equipped with **forced-air heat** and **window AC units** for tenant comfort. The second floor boasts a **shared balcony** for added charm and tenant appeal. Located just minutes from Tower Grove Park, major hospitals, public transportation, and highways—this is a **prime location** for both commercial visibility and residential demand. Whether you're expanding your portfolio or just getting started, this property offers the perfect blend of **cash flow, location, and long-term value**.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,052
Year Built
- Built in 1914
Lot Details
- 2,840 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Mixed Use
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Range
Unfinished Basement
- Walk-Up Access
- Basement Storage
Schools
- Oak Hill Elem. Elementary School
- Fanning Middle Community Ed.
- Roosevelt High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 5624-00-0370-7
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
Building Details
- 4 Leased Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,052 | $23,140 | $3,940 | $19,200 |
| 2024 | $1,957 | $23,140 | $3,940 | $19,200 |
| 2023 | $1,957 | $23,140 | $3,940 | $19,200 |
| 2022 | $2,028 | $23,140 | $3,940 | $19,200 |
| 2021 | $2,025 | $23,140 | $3,940 | $19,200 |
| 2020 | $2,010 | $23,140 | $3,940 | $19,200 |
| 2019 | $2,004 | $23,140 | $3,940 | $19,200 |
| 2018 | $2,063 | $23,140 | $3,940 | $19,200 |
| 2017 | $2,030 | $23,140 | $3,940 | $19,200 |
| 2016 | $2,054 | $23,140 | $3,940 | $19,200 |
| 2015 | $1,871 | $23,140 | $3,940 | $19,200 |
| 2014 | $1,870 | $23,140 | $3,940 | $19,200 |
| 2013 | -- | $23,140 | $2,610 | $20,530 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | Price Changed | $305,000 | -4.7% | $68 / Sq Ft |
| 07/31/2025 07/31/25 | For Sale | $320,000 | -- | $71 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | First American Title |
Source: MARIS MLS
MLS Number: MIS25044835
APN: 5624-00-0370-7
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