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3628 Arkansas Avenue
St Louis MO 63118 US

$314,900

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

$314,900

Active Listing ID 26057490
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3628 Arkansas Avenue Excellent investment opportunity at 3628-3630 Arkansas Ave! This fully occupied 4-family property offers four 1-bedroom, 1-bath units, providing immediate rental income from day one. Each unit is currently rented at $750 per month, generating $3, 000 in gross monthly income and $36, 000 in annual gross rental income. Offered at $314, 900, the property provides an attractive 11.43% gross rent yield based on current rents. Three of the four units are currently occupied by Section 8 tenants, providing an established rental history and income stream. Tenants are responsible for their own electric and gas utilities. Owner pays water, sewer, trash, and landscaping. A great opportunity for an investor looking to add a fully occupied multifamily asset to their portfolio with existing management and tenants already in place. Please do not disturb tenants. Property to be sold subject to tenants' rights. Buyer 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: Laminate, Hardwood, 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: 314900
  • 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: lkoch@mygatewayhomes.com
  • listagentkey: 3yd-MARISMO-MIRANERB
  • listagentmlsid: MIRANERB
  • listagentpreferredphone: (314) 293-9339
  • 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
  • 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: Laminate, Hardwood, 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: Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bathroom 3, Basement, Bathroom 4, Bedroom 1, Bedroom 4
  • utilities: Cable Available
  • speciallistingconditions: Standard
  • basement: Full, Interior Entry, Unfinished, Storage Space
  • 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":"lkoch@mygatewayhomes.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":"2026-09-08 18:01:39", "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: 9/8/2026 8:40:25 PM GMT
Source Updated Date: 9/13/2026 12:45:22 AM GMT

Courtesy of: Miranda Hedrick, Gateway Real Estate, lkoch@mygatewayhomes.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.