4731 Alaska Ave Saint Louis, MO 63111
Dutchtown NeighborhoodEstimated payment $4,504/month
Total Views
47
24
Beds
22
Baths
8,000
Sq Ft
0.3
Acres
Highlights
- 0.3 Acre Lot
- Traditional Architecture
- No HOA
- Deck
- Wood Flooring
- Rear Porch
About This Home
8 Unit Package in 2 separate 4 family buildings, being sold at a 9.4% cap rate. 100% turnkey and generating a NOI of $72k, these buildings have a little something for anyone seeking cashflow! Two 2 bedroom Units, 6 1 bedroom units, one of which is furnished. A two car garage and a 2 car parking pad are included behind the spacious fenced yards. Stable tenancy is longer term and mostly are at market rates (one exception is a little low). Tenants have been thoroughly vetted and pay electronically and on time. Five Units have Electronic door locks which minimize key management concerns. Tons of updates 2016-2020 include moderately to nicely updated kitchens and baths, new sewers, one new roof, and a new city water line (4735-4737). Forced Air and Central AC in all units. 4735-37 are nearly identical in finishes with new cabinetry, countertops, tile, flooring, stainless steel appliances. 4731-33 are all updated, more modestly but with full kitchens and 4 peice appliance sets, 2 units have clawfoot tubs (2FL) and 2 have tub/shower combos. Full photos are linked in the downloadable supporting documentation.
Agent has a relationship with ownership, and they are ready to buy thier next building! Will not separate. No showings without an agreed contract, however showings may be available for a short period in September after a tenant move out. Seller will not finance
Video tour available is of the furnished unit. Some furnishings may have changed slightly.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,478
Year Built
- Built in 1916 | Remodeled
Lot Details
- 0.3 Acre Lot
- Many Trees
- Back Yard Fenced and Front Yard
Parking
- 2 Car Garage
- Alley Access
- Garage Door Opener
- Additional Parking
- On-Street Parking
- Off-Street Parking
Home Design
- Traditional Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
Interior Spaces
- 8,000 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Unfinished Basement
- Laundry in Basement
- Electric Dryer Hookup
Kitchen
- Built-In Electric Oven
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 24 Bedrooms
- 22 Bathrooms
Outdoor Features
- Deck
- Rear Porch
Location
- Property is near a bus stop
Schools
- Woodward Elem. Elementary School
- Long Middle Community Ed. Center
- Roosevelt High School
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2774-00-0320-0
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 8 Units
Recreation
- Park
Building Details
- 8 Leased Units
- Other Expense $16,882
- Net Operating Income $72,818
Map
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
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 | $1,822 | $28,320 | $1,750 | $26,570 |
| 2024 | $1,734 | $21,430 | $1,750 | $19,680 |
| 2023 | $1,734 | $21,430 | $1,750 | $19,680 |
| 2022 | $1,587 | $18,860 | $1,750 | $17,110 |
| 2021 | $1,585 | $18,860 | $1,750 | $17,110 |
| 2020 | $1,519 | $18,200 | $1,750 | $16,450 |
| 2019 | $1,513 | $18,200 | $1,750 | $16,450 |
| 2018 | $1,258 | $14,610 | $1,750 | $12,860 |
| 2017 | $1,237 | $14,610 | $1,750 | $12,860 |
| 2016 | $1,127 | $13,110 | $1,750 | $11,360 |
| 2015 | $1,023 | $13,110 | $1,750 | $11,360 |
| 2014 | $1,113 | $13,110 | $1,750 | $11,360 |
| 2013 | -- | $14,310 | $1,750 | $12,560 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2016 07/11/16 | Sold | -- | -- | -- |
| 06/08/2016 06/08/16 | Pending | -- | -- | -- |
| 06/07/2016 06/07/16 | For Sale | $85,000 | +49.4% | $21 / Sq Ft |
| 05/08/2015 05/08/15 | Sold | -- | -- | -- |
| 05/08/2015 05/08/15 | For Sale | $56,900 | -- | $14 / Sq Ft |
| 04/02/2015 04/02/15 | Pending | -- | -- | -- |
Source: MARIS MLS
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 Listed On Document | |
| Quit Claim Deed | -- | Accommodation | |
| Warranty Deed | -- | Continental Title | |
| Warranty Deed | -- | Continental Title | |
| Special Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $112,500 | New Conventional | |
| Previous Owner | $60,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $34,500 | New Conventional | |
| Previous Owner | $90,810 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Saint Louis, MO
Source: MARIS MLS
MLS Number: MIS25057610
APN: 2774-00-0320-0
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.
Based on information submitted to the MLS GRID. 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 4754 Alaska Ave
- 4743 Louisiana Ave
- 5024 Louisiana Ave
- 4675 Louisiana Ave
- 5029 Idaho Ave
- 4657 Idaho Ave
- 4652 Alaska Ave
- 5043 Alaska Ave
- 5042 Louisiana Ave
- 5044 Louisiana Ave
- 5030 Idaho Ave
- 4649 Louisiana Ave
- 4639 Virginia Ave
- 4613 Louisiana Ave
- 5000 Virginia Ave
- 5206 S Grand Blvd
- 3231 Delor St
- 5240 Louisiana Ave
- 5240 Alaska Ave
- 4509 Idaho Ave
- 4672 Tennessee Ave Unit 2F
- 4615-4617-4617 Virginia Ave Unit B
- 4615-4617-4617 Virginia Ave Unit C
- 4615-4617-4617 Virginia Ave Unit H
- 4615-4617-4617 Virginia Ave Unit E
- 4535 Louisiana Ave Unit A
- 3231 Michigan Ave
- 3204 Delor St Unit 2F
- 4507 S Grand Blvd Unit Floor 2
- 4631 Minnesota Ave Unit 1st floor
- 4311 S Grand Blvd Unit 2
- 3752 Taft Ave
- 439 Fassen St Unit 2nd Floor
- 3805 Itaska St Unit 10
- 5618 S Grand Blvd
- 3821 Itaska St Unit 8
- 736 Dover Place
- 3643 Dover Place Unit 3 Bedroom 2nd Floor
- 4249 Michigan Ave
- 4617 S Broadway Unit 4617 1N