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4735-4737 Alaska Avenue

Saint Louis, MO 63111
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Bed 0

Bed

Bath 0

Bath

SqFt4,054

Sqft

Acres0.15

Acre(Lot)

Two 4 family buildings can be sold as a package or separately, 4731-33 and 4735-37. This listing is for 4735-37. Four Family, Turnkey and fully occupied. Sold at a 10% cap rate. 100% turnkey and generating a NOI of $35,632k, these buildings have a little something for anyone seeking cashflow! Two 2 bd Units, 2 1 bd units, each with open kitchen to living area layout. 2-car parking pad behind the spaciously fenced yard. Stable tenancy, market rates, one coming available in October could be an owner Occupied unit. The last opening was filled in a week and left a line of tenants looking for other apartments to open up. Tenants have been thoroughly vetted and pay electronically and on time. 3 Units have electronic door locks which minimize key management concerns. Tons of updates 2019-2020 include moderately to nicely updated kitchens and baths, new sewer, a new roof, and a new city water line. Forced Air and Central AC in all units, 2 new furnaces 2024-2025. 4735-37 are nearly identical in finishes with new shaker cabinetry, countertops, tile, flooring, stainless steel appliances. Photos for all units linked the downloadable supporting docs and 3D Tours of many are available upon request. Seller completed full inspections on both buildings in October 2025 reports are provided in the supplements along with financials, receipts for major work also provided. Two Parcels, Seller prefers to sell as a package but will separate. Be sure to check with your lender on the type of insurance they require, some lenders may require Full Replacement Value which is a bit of a sledgehammer to a thumbtack, but it will cause your insurance to be higher than sellers - so check on the requirements and get a quote while you're considering your offer. Seller will not finance or accept any sort of “creative” offer. Must relinquish property entirely, using 1031 exchange. Please download the OM for details and deeper financial information, additional pictures and video. All must be reviewed and acknowledged in any offer. Buyers will be responsible for converting electronic door locks, and utilities to their own accounts after closing. Check OM for link to receipts, inspections, photos of each unit, leases, occupancy certificates and more.INSPECTIONS HAVE BEEN PROVIDED by Seller 10/2025 and are linked in the OM.

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Detail Ic Property Details

Property Type : Residential Income

Price : $339,900

AD Id : 89969440

MLS Id : MIS26054630

Lot Size : 0.15 Acre

Living Area Size : 4,054

Year Built : 1916

County : Saint Louis City

Subdivision: St Louis Add

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Feature Features

  • Interior Features

    Roof: Flat Appliances: Dishwasher, Range, Built-In Electric Range, Electric Range, Refrigerator, Gas Water Heater Laundry Features: In Basement, Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup

    Roofing Information

    Flat
  • Flooring Information

    Flooring: Ceramic Tile, Hardwood, Luxury Vinyl, Tile, Varies Construction Materials: Brick
  • Heating & Cooling

    Heating: Forced Air, Natural Gas Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1916
  • Exterior Features

    Balcony Construction Materials: Brick Foundation Details: Stone

  • Lot Information

    Lot Square Feet: 6390.25 Lot Acres: 0.1467

    Property Information

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

  • Listing Price Information

    Original List Price:$339900

  • Tax Information

    Tax Legal Description: C. B. 2774 ALASKA AV, 45 FT 9 3/4 IN X 142 FT 6 IN, SOUTH ST LOUIS SUBURB ADDN, BLOCK 29, LOTS N-26 & S-27 Annual Tax: $2128 Tax Year: 2025 Parcel Number: 2774-00-0330-0

  • School Information

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

    Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected Water Source: Public
  • Location Information

    Subdivision: St Louis Add City: St Louis Direction: Use GPS
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Nearby Home Value

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2813 Mount Pleasant Str.., Saint Louis, MO, 63111 $165,000 -- -- 1,742 0.07 Acre
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3114 Mount Pleasant Str.., Saint Louis, MO, 63111 $199,999 -- -- 4,140 0.14 Acre
115 Eichelberger Street, Saint Louis, MO, 63111 $249,900 -- -- -- 0.09 Acre
4537 S Compton Avenue, Saint Louis, MO, 63111 $234,900 -- -- 2,240 0.08 Acre
329 Eichelberger Street, Saint Louis, MO, 63111 $365,000 -- -- 2,190 0.13 Acre
3231 Delor Street, Saint Louis, MO, 63111 $116,512 -- -- 2,294 0.08 Acre
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ByOwner last updated this listing 08/31/2026 @ 18:20

MLS: MARIS2 #26054630 LISTED BY: Lynne Hart, Real Broker LLC 573-520-3099 SOURCE: MARIS MLS (Listings courtesy of MARIS MLS as distributed by MLS GRID)

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