3146 Nebraska Ave, St Louis, MO 63118

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Sold Price
$335,000
List Price
$349,900
Closing Date
Mar 05, 2026
Days on Market
62
MLS#
25082137
Status
CLOSED
Living Sq. Ft
3,100
Lot Size
5,375
Acres
0.12
Year Built
1885
Subdivision
St Louis Commons Add
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

Welcome to 3164 Nebraska, a recently updated four-family property located in the heart of Benton Park West, just off the Arsenal & Gravois corridor. Positioned in a high-demand rental pocket surrounded by Tower Grove East, South Grand, and Soulard, offering convenient access to South City dining, public transit, parks, and neighborhood amenities. The building features a strong unit mix of (2) one-bedroom units, (1) two-bedroom unit, and (1) studio. Two units are currently leased, with two additional units nearly rent-ready and expected to be online within 30 days. Projected returns support an estimated 12% cap rate, supported by solid rental activity and neighborhood comps. Major capital improvement includes a full roof replacement completed December 2024. A well-located multifamily opportunity offering stable income potential in a proven South City rental market. Ideal for investors or future house hackers. Enjoy South St. Louis City at its finest

Additional Information

School District
St. Louis City
Elementary School
Froebel Elem.
Jr. High School
Long Middle Community Ed. Center
Sr. High School
Roosevelt High
Cooling
Ceiling Fan(s), Central Air, Window/Wall
Heating
Forced Air
Water
Public
Selling Terms
Cash, Conventional, FHA, VA Loan

Listing courtesy of Antione Lawrence. Ascend Real Estate Advisors

Selling Office: Wright Organization Inc.

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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.