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3628 Arkansas Avenue
St Louis MO 63118 US

$299,900

Active Listing ID 26057490
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4 bed
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2,670 square feet
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4.00 Bath (4 Full)
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Lot: 0.11 Acres
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Other

$299,900

Active Listing ID 26057490
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3628 Arkansas Avenue PRICE IMPROVEMENT - Fully Occupied 4-Family Investment Opportunity! Offered at $299, 900, this income-producing property at 3628-3630 Arkansas Ave features four 1-bedroom, 1-bath units, all currently occupied and generating immediate rental income. Each unit is currently rented at $750/month, producing $3, 000 in gross monthly rent and $36, 000 annually. At the new asking price, that's approximately a 12.0% gross rent yield based on current rents. Three of the four units are currently occupied by Section 8 tenants. Tenants are responsible for their own electric and gas. Owner pays water, sewer, trash, and landscaping. Property is currently professionally managed, making this an attractive opportunity for an investor looking to add a stabilized multifamily asset to their portfolio. Please do not disturb tenants. No showings without an accepted contract. Rent roll, leases, tenant ledgers, and occupancy permits are available for review. Buyer and buyer's agent to verify all financial information, rents, expenses, and property details.

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Property Features

  • Facts
  • Lot Size: 0.11 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Cooling System: Central Air, Ceiling Fan(s)
  • Floor Covering: Hardwood, Laminate, Linoleum
  • Heating Fuels: Forced Air, Natural Gas
  • Additional Features
  • Basement

School Information

  • School
  • Froebel Elem.(Elementary)
  • Fanning Middle Community Ed.(MiddleSchool)
  • Roosevelt High(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 299900
  • unparsedaddress: 3628 Arkansas Avenue
  • postalcity: St Louis
  • stateorprovince: MO
  • country: US
  • postalcode: 63118
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1148
  • lotsizeunits: Acres
  • lotsizearea: 0.1148
  • livingarea: 2670
  • livingareaunits: Square Feet
  • latitude: 38.590812
  • longitude: -90.242023
  • listagentfullname: Miranda Hedrick
  • listagentemail: mirandaerb@yahoo.com
  • listagentkey: 3yd-MARISMO-MIRANERB
  • listagentmlsid: MIRANERB
  • listagentpreferredphone: 3147057750
  • listagentofficephone: 3147057750
  • listofficekey: 3yd-MARISMO-RLGR01
  • listofficemlsid: RLGR01
  • disclaimer: Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MARISMO
  • yearbuilt: 1960
  • listagentfax: 3142939338
  • listagenturl: http://MyGatewayHomes.com
  • countyorparish: St Louis City
  • parcelnumber: 1611-00-0055-0
  • elementaryschool: Froebel Elem.
  • highschool: Roosevelt High
  • elementaryschooldistrict: St. Louis City
  • middleorjuniorschooldistrict: St. Louis City
  • highschooldistrict: St. Louis City
  • appliances: Electric Range, Gas Range, Refrigerator
  • cooling: Central Air, Ceiling Fan(s)
  • constructionmaterials: Brick
  • flooring: Hardwood, Laminate, Linoleum
  • heating: Forced Air, Natural Gas
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: On Street, Alley, Off Street
  • waterfrontyn: False
  • franchiseaffiliation: Real Living
  • interiorfeatures: Center Hall Floorplan
  • architecturalstyle: Other
  • rooms: Bathroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Basement, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 1
  • utilities: Cable Available
  • speciallistingconditions: Standard
  • basement: Full, Interior Entry, Storage Space, Unfinished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -90.24202, 38.590813
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Gateway Brokerage Group", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"mirandaerb@yahoo.com", "ListBrokerageCity":"St. Louis", "ListBrokerageCountry":"US", "ListBrokerageEmail":"lkoch@mygatewayhomes.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/61da86b1bb9511e4bfbaba74122f8667k-c3082701099r.png", "ListBrokerageName":"Gateway Brokerage Group", "ListBrokeragePhone":"(314) 293-9339", "ListBrokeragePostalCode":"63129", "ListBrokerageStateOrProvince":"MO", "ListBrokerageUnitNumber":"Suite G", "ListBrokerageUnparsedAddress":"4409 Meramec Bottom Road", "ListBrokerageWebsiteUrl":"http://MyGatewayHomes.com", "ListOfficeAddress1":"4409 Meramec Bottom Rd Ste G ", "ListOfficeAddress2":"Suite G", "ListOfficeBrokerMlsId":"RLGR01", "ListOfficeCity":"St. Louis", "ListOfficeCountry":"US", "ListOfficeEmail":"lpalmer@mygatewayhomes.com", "ListOfficePostalCode":"63129", "ListOfficeStateOrProvince":"MO", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, St Louis, MO", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/3628-Arkansas-Ave_Saint-Louis_MO_63118_M78837-16709?f=listhub&s=MARISMO&m=26057490&c=rexren", "MLSModificationTimestamp":"2026-10-07 14:40:38", "Neighborhoods":[{"Description":null, "Name":"Gravois Park"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1960, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/26/2026 3:32:30 AM GMT
Source Updated Date: 11/8/2026 12:52:38 AM GMT

Courtesy of: Miranda Hedrick, Gateway Real Estate, mirandaerb@yahoo.com

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.