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4504 Arsenal Street

Saint Louis, MO 63116
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Bed 0

Bed

Bath 0

Bath

SqFt5,162

Sqft

Acres0.15

Acre(Lot)

This 1912-built four-unit multifamily building at 4504 Arsenal Street presents an exceptional value-add opportunity directly across from Tower Grove Park. The 5,162-square-foot property features one three-bedroom/one-bath unit and three two-bedroom/one-bath units, with three of the four units currently vacant, allowing immediate renovation commencement. Recent ownership improvements include a brand new roof and gutters, interior ceiling repairs, rebuilt deck, exterior cleanup and landscaping, freshened common areas, and complete cleanout, establishing a solid foundation for the next phase of improvements. Positioned along the northern edge of Tower Grove South, the property enjoys direct access to the 289-acre National Historic Landmark Tower Grove Park with its weekly farmers' market, fr ee St. Louis Symphony concerts, and seven miles of trails. The location provides outstanding connectivity to major employment centers, with BJC HealthCare and Washington University Medical Center three miles north, Saint Louis University two miles northeast, and the Cortex Innovation District 2.5 miles north. The forthcoming $18 million Tower Grove Connector will further enhance commuter accessibility upon its 2026 completion. We believe this represents a compelling investment based on the extraordinary location where Tower Grove Park-facing buildings rarely become available. With estimated market rents of $1,550 per month and the potential for the true three-bedroom unit to achieve $1,750 or higher depending on finishes, the renovated property could reach an approximate $800,000 stabilized value. A comparable four-unit building recently sold for $775,000 despite being smaller and less updated. Missouri State and Federal Historic tax credits may provide additional return enhancement for this 1912-vintage building in one of St. Louis' most vibrant historic neighborhoods.

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Detail Ic Property Details

Property Type : Residential Income

Price : $450,000

AD Id : 77800380

MLS Id : MIS26026004

Lot Size : 0.15 Acre

Living Area Size : 5,162

Year Built : 1912

County : Saint Louis City

Subdivision: Allen Park

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Feature Features

  • Room Information

    Has Basement: Yes

    Interior Features

    Roof: Membrane Appliances: Electric Cooktop

    Roofing Information

    Membrane
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Forced Air Cooling: Ceiling Fan(s), Central Air WaterSource: Public

  • Building Information

    Year Built: 1912

  • Lot Information

    Lot Square Feet: 6721.31 Lot Acres: 0.1543

    Property Information

    Property Type: Residential Income Sub Type: 2-4 Units Style: Victorian Structure Type: Quadruplex

  • Listing Price Information

    Original List Price:$450000

  • Tax Information

    Annual Tax: $4267 Tax Year: 2025 Parcel Number: 5017-00-0160-0

  • Parking Information

    On Street

  • School Information

    Elementary School: Mann Elem. Junior High School: Long Middle Community Ed. Center Senior High School: Roosevelt High
  • Utility Information

    Electricity Connected, Sewer Connected, Water Connected Water Source: Public
  • Location Information

    Subdivision: C B 5017 Arsenal City: St Louis Direction: GPS is best!
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Nearby Home Value

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4054 S Spring Avenue, Saint Louis, MO, 63116 $155,000 -- -- 2,250 2,250 SqFt
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ByOwner last updated this listing 06/22/2026 @ 06:20

MLS: MARIS2 #26026004 LISTED BY: Garen Lafser, Salient Realty Group, LLC 314-374-3687 SOURCE: MARIS MLS (Listings courtesy of MARIS MLS as distributed by MLS GRID)

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