Seller's Agent in 2025
Eric Schultz
Tower Real Estate Group
(314) 332-4417
1 in this area
92 Total Sales
Welcome to this three-unit building located just two blocks from Delmar in the historic Vandeventer neighborhood. This property is primed to start generating income right away. The upstairs unit features four spacious bedrooms and is nearly rent-ready. On the main floor are two additional units that could easily be combined into another four-bedroom apartment. One unit is nearly complete as a one-bedroom, while the other still needs a full buildout and could also become a one-bedroom. Each unit is separately metered and equipped with newer HVAC systems—the bottom unit just needs A/C. The basement houses updated electric panels and water heaters. HUD currently pays up to $2,570 for a four-bedroom unit in this area, meaning you could generate over $5,000/month once the lower units match the upstairs configuration. While some finishing work is needed, the property offers strong cash-flow potential. Don’t miss this opportunity to own a partially rent-ready investment property just steps from Delmar. Vacant lot next door can be included, not currently listed. Offers will be reviewed as received—bring your highest and best. Priced to move quickly, seller seeks a fast, as-is sale.
Last Agent to Sell the Property
Tower Real Estate Group License #2018045013 Listed on: 06/06/2025
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Title Partners | |
| Special Warranty Deed | -- | Title Partners | |
| Warranty Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $561,780 | Construction | |
| Closed | $561,780 | Construction |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Sold | -- | -- | -- |
| 06/07/2025 06/07/25 | Pending | -- | -- | -- |
| 06/06/2025 06/06/25 | For Sale | $119,900 | -- | $36 / Sq Ft |
| 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 | $313 | $3,520 | $380 | $3,140 |
| 2024 | $299 | $3,400 | $380 | $3,020 |
| 2023 | $299 | $3,400 | $380 | $3,020 |
| 2022 | $304 | $3,340 | $380 | $2,960 |
| 2021 | $304 | $3,340 | $380 | $2,960 |
| 2020 | $302 | $3,340 | $380 | $2,960 |
| 2019 | $301 | $3,340 | $380 | $2,960 |
| 2018 | $295 | $3,170 | $380 | $2,790 |
| 2017 | $290 | $3,170 | $380 | $2,790 |
| 2016 | $302 | $3,270 | $480 | $2,790 |
| 2015 | $276 | $3,270 | $480 | $2,790 |
| 2014 | $268 | $3,270 | $480 | $2,790 |
| 2013 | -- | $3,180 | $480 | $2,700 |
Seller's Agent in 2025
Eric Schultz
Tower Real Estate Group
(314) 332-4417
1 in this area
92 Total Sales
Source: MARIS MLS
MLS Number: MIS25039145
APN: 3755-00-0410-0