Seller's Agent in 2026
Riahna Kastner
St. Louis Real Estate Society
(314) 332-1044
16 in this area
116 Total Sales
Last list price
3900 Ray Ave Saint Louis, MO 63116
Dutchtown Neighborhood
48
Beds
28
Baths
18,774
Sq Ft
0.41
Acre Lot
Highlights
- 0.41 Acre Lot
- Laundry in multiple locations
- Historic Home
- No HOA
- Forced Air Heating and Cooling System
- 3-minute walk to Amberg Park
About This Home
As of June 2026If you've been trying to find a GOOD INVESTMENT opportunity, you'll want to take a closer look at 3900 Ray. With its mix of one, two, and three bedroom apts. (28 units total), along with its on target pricing, the property offers a new owner a realistic chance at earning a decent return. The reasonable rent rates, off-street parking, centralized location, and unit amenities translate into a LOW VACANCY rate year after year. When vacancies do come up, the units are easy to fill even in the slower months. Plus, the property underwent a massive renovation with major updates to the plumbing, electrical, HVAC (central heating & cooling), and windows throughout. MODERN SYSTEMS offer peace of mind for everyone: less maintenance calls for owners and lower utilities bills for tenants. It's been really hard to find a good deal like this one in the current real estate market. Current rent roll at appx $18,950 a month, with a cap rate of 8.75%, with reasonable proforma numbers approaching 10.28%. Don't miss your opportunity!
Last Agent to Sell the Property
St. Louis Real Estate Society License #2009001033 Listed on: 11/14/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,055
Year Built
- Built in 1929
Lot Details
- 17,772 Sq Ft Lot
- Historic Home
Home Design
- Brick Exterior Construction
- Stone Foundation
Interior Spaces
- 18,774 Sq Ft Home
- Insulated Windows
- Electric Range
Bedrooms and Bathrooms
- 48 Bedrooms
- 28 Bathrooms
Laundry
- Laundry in multiple locations
- Washer and Electric Dryer Hookup
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- On-Street Parking
- Parking Lot
- Off-Street Parking
Schools
- Oak Hill Elem. Elementary School
- Long Middle Community Ed. Center
- Roosevelt High School
Utilities
- Forced Air Heating and Cooling System
- Single-Phase Power
Listing and Financial Details
- Assessor Parcel Number 6148-00-0260-1
Community Details
Overview
- No Home Owners Association
- 28 Units
- Low-Rise Community
Building Details
- Net Operating Income $132,528
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 14, 2025
Closed on
Jun 9, 2026
Sold by
Bought by
Seller's Agent
Riahna Kastner
St. Louis Real Estate Society
Buyer's Agent
Thomas Simcox
Keller Williams Realty West
List Price
$1,645,000
Views
65
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,540,000
Interest Rate
0.063%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 28, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
0.036%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 7, 2015
Sold by
Bought by
Purchase Details
Closed on
Apr 22, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,000
Interest Rate
0.0367%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Nov 22, 2011
Sold by
Bought by
Purchase Details
Closed on
Feb 26, 2010
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,062,500
Interest Rate
0.0498%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 27, 2010
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,062,500
Interest Rate
0.0498%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 12, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
0.0567%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 15, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
0.0613%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Ort | |
| Quit Claim Deed | -- | None Available | |
| Corporate Deed | -- | None Available | |
| Trustee Deed | $425,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Corporate Deed | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,540,000 | Construction | |
| Previous Owner | $948,800 | New Conventional | |
| Previous Owner | $900,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $1,030,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $1,062,500 | Purchase Money Mortgage | |
| Previous Owner | $648,000 | Purchase Money Mortgage | |
| Previous Owner | $645,000 | Seller Take Back |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/09/2026 06/09/26 | Sold | -- | -- | -- |
| 11/14/2025 11/14/25 | For Sale | $1,645,000 | -- | $88 / Sq Ft |
Source: MARIS MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $12,055 | $147,250 | $6,840 | $140,410 |
| 2025 | $12,326 | $147,250 | $6,840 | $140,410 |
| 2024 | $11,720 | $147,250 | $6,840 | $140,410 |
| 2023 | $11,720 | $147,250 | $6,840 | $140,410 |
| 2022 | $12,172 | $147,250 | $6,840 | $140,410 |
| 2021 | $12,172 | $186,200 | $6,840 | $179,360 |
| 2020 | $6,614 | $80,750 | $6,840 | $73,910 |
| 2019 | $6,591 | $80,750 | $6,840 | $73,910 |
| 2018 | $6,799 | $80,750 | $6,840 | $73,910 |
| 2017 | $6,683 | $80,750 | $6,840 | $73,910 |
| 2016 | $6,768 | $80,750 | $6,840 | $73,910 |
| 2015 | $6,129 | $80,750 | $6,840 | $73,910 |
| 2014 | $6,125 | $80,750 | $6,840 | $73,910 |
| 2013 | -- | $80,750 | $6,840 | $73,910 |
Source: Public Records
Agents Affiliated with this Home
-
Riahna Kastner
-
Matt Kastner
Seller Co-Listing Agent in 2026
Matt Kastner
St. Louis Real Estate Society
(314) 332-1036
1 in this area
7 Total Sales
-
Thomas Simcox
T
Buyer's Agent in 2026
Thomas Simcox
Keller Williams Realty West
(636) 734-3527
1 in this area
12 Total Sales
Map
Source: MARIS MLS
MLS Number: MIS25076055
APN: 6148-00-0260-1
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MARIS MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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