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$420,000   Price Analysis
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4950 Kemper Ave
Saint Louis, MO 63139
4 bed 4 bath 2,760 SqFt ($152/SqFt)
4,996SqFt lot. Built 1942
Listed 2024-04-30, Taxes $1,849
Ⓧ USDA Ineligible
due to location

near Saint Louis

This four-family property on Kemper Avenue is located in Southwest Garden

* Sale Pending *

Less than a quarter of a mile from Tower Grove Park. This property is part of a six property portfolio that can be purchased individually or together, including four 4 families on Kemper. Built in 1943, the building comprises 2, 760 square feet with off-street parking. All units feature 1-beds and 1-baths. The prope rty has been recently updated with modern bathrooms featuring sliding glass doors, tile and vanities, vinyl windows and new flooring in the kitchens.

The building has some updated electric and plumbing, central heating and cooling with 8-9 year old HVAC systems, hardwood flooring, laundry facilities and storage units in the basement. A full roof replacement was done in 2021. There is potential to increase rents with similar-sized 1-bedroom apartments within a mile radius average rents at $1, 010. Three units have recently been rented, wth one unit left vacant for showings.


Presented by Jordan Schoen at
Invest St. Louis.


Property MLS #24026110 from MARIS

Bedrooms: 4

Some Refrigerator(s)
Some Range Oven(s)
Some Shower Bath(s)
Some Washer/Dryer(s)

Cooling Features: Central-Gas
Heating Features: Forced Air
Heating Fuel: Gas
Water Heaters: Gas

Full Bathrooms: 4
Bathroom 1 Features: Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Washer/Dryer(s)

Lot Size Acres: 0.1147
Lot Size Dimensions: 44x120
Lot Size Source: County Records
Lot Size Square Feet: 4996

Parking Features: Off Street, On Street Parking

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Mason Elem.
High School: Roosevelt High
Middle School: Long Middle Community Ed. Center
School District: St. Louis City

Mason Elementary School is a public elementary school located approximately 1.1 miles away.
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Long Middle Community Ed. Center is a public middle school located approximately 1.6 miles away.
directions icon Map directions

Roosevelt High School is a public high school located approximately 1.9 miles away.
directions icon Map directions

Holy Innocents Elementary School is a private elementary and middle school located approximately 0.3 miles away.
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Gross Income: 31500.00
Tenant Pays: Cable TV/Satellite, Electric, Gas

Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1

Basement
Laundry Facl-Commty
Annual Tax Amount: 2015
Source Listing Status: Pending
County: St Louis City
Tax Year: 2023
Ownership: Private
Source Property Type: Multi-Family 2-4
Area: South City
Source Neighborhood: Southwest Garden
Postal Code Plus 4: 1129
Subdivision: St Louis County Farms Add
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$19,440 + $2,600
$22,040
$1,849
2021$19,440 + $2,600
$22,040
$1,847
2020$17,990 + $2,600
$20,590
$1,715
2019$17,990 + $2,600
$20,590
$1,709
2018$17,040 + $1,860
$18,900
$1,620
2017$17,040 + $1,860
$18,900
$1,592
2016$17,520 + $1,860
$19,380
$1,652
2015$17,520 + $1,860
$19,380
$1,498
2014$17,390 + $1,860
$19,250
$1,488
2013$17,390 + $1,860
$19,250
$1,488
2012$18,340 + $2,600
$20,940
$1,597
2011$18,340 + $2,600
$20,940
$1,537
2010$20,870 + $2,910
$23,780
$1,673
2009$20,870 + $2,910
$23,780
$1,608
2008$24,110 + $2,910
$27,020
$1,776
2007$24,110 + $2,910
$27,020
$1,780

Listed 2024-04-30
$420,000
MARIS
Listing removed 2014-06-30
$550
VFlyer
Listed for rent 2014-06-27
$550
VFlyer
Listing removed 2014-06-05
$550
VFlyer
Listed for rent 2014-05-08
$550
VFlyer
Listing removed 2014-02-07
$550
VFlyer
Listed for rent 2013-12-19
$550
VFlyer
Listing removed 2013-12-07
$550
VFlyer
Listed for rent 2013-11-27
$550
VFlyer
Sold 2009-04-03
$0
Public Record
Sold 2008-12-03
$0
Public Record
Listing removed 2006-06-29
$259,900
MARIS
Listed 2006-05-05
$259,900
MARIS
Listing removed 2006-02-27
$195,900
MARIS
Listed 2006-02-23
$195,900
MARIS
Listing removed 2005-11-07
$198,000
MARIS
Sold 2003-02-06
$0
Public Record

Net Operating Income: 22653.00

Total Square Feet Living: 2760
Year Built: 1942
Construction Materials: Brick/Stone Msn Pred
Living Area Source: County Records
Property Age: 82
Structure Type: Apt/InteriorEntrance
House Style: 4-Family
Total Above Grade Sqft Area: 2760

Sewer: Public
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.