Seller's Agent in 2023
Jordan Schoen
Invest St. Louis
(314) 254-2013
3 in this area
95 Total Sales
4156 Folsom Ave Saint Louis, MO 63110
Botanical Heights Neighborhood
18
Beds
5
Baths
13,216
Sq Ft
0.29
Acres Lot
Highlights
- 0.29 Acre Lot
- Forced Air Heating System
- Coin Laundry
- Brick or Stone Mason
About This Home
As of June 2023Rare opportunity to purchase under-rented 10 and 8 unit multi-family buildings next door to each other in the Botanical Heights neighborhood. 18 total units across 3 buildings. 15 of 18 units are occupied, with current rents below market. 11 units have been updated with 1 in process which will be completed prior to closing. There is the potential to add value and raise rents significantly in the future both as-is and with additional updates. Updated apartments are now leasing for $725, this would yield $13,050 of gross rental income a month, $156,600 annually based on all tenants as $725. Rent comps for similar size apartments range from $750-$1,350 depending on amenities and updates. Located in close proximity to Forest Park, Washington University School Of Medicine, St. Louis University, University Of Health Science And Pharmacy In St. Louis, Botanical Gardens and Tower Grove Park. Addresses are 4156 Folsom (10 units) and 4164 Folsom 63110 (8 units). Price Reduced $100,000.
Last Agent to Sell the Property
Invest St. Louis License #2009024331 Listed on: 10/27/2022
Property Details
Home Type
- Apartment
Year Built
- Built in 1957 | Remodeled
Lot Details
- 12,798 Sq Ft Lot
- Lot Dimensions are 150' x 128'
Home Design
- 13,216 Sq Ft Home
- Brick or Stone Mason
Parking
- Unpaved Parking
- On-Street Parking
Schools
- Adams Elem. Elementary School
- Fanning Middle Community Ed.
- Vashon High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electric, gas
- Assessor Parcel Number 4969-00-0060-0
Community Details
Overview
- 3 Buildings
- 18 Units
- Low-Rise Community
Amenities
- Coin Laundry
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/05/2023 06/05/23 | Sold | -- | -- | -- |
| 04/18/2023 04/18/23 | Pending | -- | -- | -- |
| 03/31/2023 03/31/23 | Price Changed | $1,195,000 | -7.7% | $90 / Sq Ft |
| 12/09/2022 12/09/22 | For Sale | $1,295,000 | 0.0% | $98 / Sq Ft |
| 11/18/2022 11/18/22 | Pending | -- | -- | -- |
| 10/27/2022 10/27/22 | For Sale | $1,295,000 | -- | $98 / Sq Ft |
Source: MARIS MLS
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 | $4,339 | $51,170 | $7,300 | $43,870 |
| 2024 | $4,129 | $51,170 | $7,300 | $43,870 |
| 2023 | $4,129 | $51,170 | $7,300 | $43,870 |
| 2022 | $2,805 | $33,250 | $3,650 | $29,600 |
| 2021 | $2,801 | $33,250 | $3,650 | $29,600 |
| 2020 | $2,779 | $33,250 | $3,650 | $29,600 |
| 2019 | $2,770 | $33,250 | $3,650 | $29,600 |
| 2018 | $2,774 | $32,280 | $3,650 | $28,630 |
| 2017 | $2,727 | $32,280 | $3,650 | $28,630 |
| 2016 | $2,954 | $34,580 | $3,650 | $30,930 |
| 2015 | $2,681 | $34,580 | $3,650 | $30,930 |
| 2014 | $1,875 | $35,930 | $3,650 | $32,280 |
| 2013 | -- | $23,980 | $3,650 | $20,330 |
Source: Public Records
Agents Affiliated with this Home
-
Jordan Schoen
Map
Source: MARIS MLS
MLS Number: MIS22068561
APN: 496900-00600
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
Nearby Homes
- 4133 Mcree Ave
- 4217 Blaine Ave
- 4141 Lafayette Ave
- 4102 Mcree Ave
- 4179 Lafayette Ave
- 4224 Mcree Ave
- 4254 Mcree Ave
- 1443 S Vandeventer Ave
- 4322 Mcree Ave
- 3946 Folsom Ave
- 4336 Mcree Ave
- 4481 Hunt Ave
- 4479 Hunt Ave
- 4216 Hunt Ave
- 4220 Hunt Ave
- 4119 Castleman Ave
- 4231 Norfolk Ave
- 4368 Hunt Ave
- 4346 Vista Ave
- 3951 Shaw Blvd Unit 2
- 4156 Folsom Ave Unit E
- 4156 Folsom Ave Unit C
- 4160 Folsom Ave Unit D
- 4160 Folsom Ave Unit A
- 4152 Folsom Ave
- 4164 Folsom Ave
- 4164 Folsom Ave Unit B
- 4170 Folsom Ave
- 4148 Folsom Ave
- 4172 Folsom Ave
- 4146 Folsom Ave
- 4157 Blaine Ave
- 4151 Blaine Ave
- 4171 Blaine Ave
- 4171 Blaine Ave
- 4144 Folsom Ave
- 4169 Blaine Ave
- 4167 Blaine Ave
- 4147 Blaine Ave
- 4176 Folsom Ave
Your Personal Tour Guide
Ask me questions while you tour the home.