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$699,000   Price Analysis
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1133 Talmage Ave
Saint Louis, MO 63110
5 bed 4 bath 4,128 SqFt ($169/SqFt)
0.32 acre lot. Built 1891
Listed 2024-02-13, Taxes $1,227
Ⓧ USDA Ineligible
due to location

near Saint Louis

Opportunity to purchase an updated 3-family in The Grove

Near Forest Park, The Botanical Gardens, The Cortex, Barnes Hospital and all the shops and restaurants on Manchester. Spanning 4, 164 sqft, this fully renovated building includes a converted szeable 3-bed, 2-bath townhome encompassing over 2, 000 sqft. There are also two 1-bed, 1-bath units, each boasting over 1, 000 sqft. All units are fully occupied and move-in ready. The building features modern amenities, including updated kitchens with some stainless steel appliances, updated bathrooms, fireplaces, central air and hardwood floors.

Tenants enjoy the benefits of in-unit washers and dryers, a partially fenced-in backyard, a patio and balconies for the top-floor units. There is also a brick 2-car garage. Ideal for an owner-occupant to live in one of the units. Potential to increase rents in the future, similar 1-bed units avg rent is $1, 625 within a mile-and-a-half radius and comparable 3-bed units avg $2, 342 within 3 miles.


Presented by Jordan Schoen at
Invest St. Louis.


Property MLS #24008431 from MARIS

Bedrooms: 5

Some Dishwasher(s)
Some Fireplace(s)
Some Microwave(s)
Some Refrigerator(s)
Some Range Oven(s)
Some Shower Bath(s)
Some Smoke/Alarm Det
Some Washer/Dryer(s)

Cooling Features: Ceiling Fan, Central-Electric
Heating Features: Forced Air
Heating Fuel: Electric
Water Heaters: Electric

Full Bathrooms: 4
Bathroom 1 Features: Some Dishwasher(s), Some Fireplace(s), Some Microwave(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke/Alarm Det, Some Washer/Dryer(s)

Lot Size Acres: 0.3171
Lot Size Dimensions: 126x150x33x116x60
Lot Size Source: County Records
Lot Size Square Feet: 13813

Parking Features: 1-2 Car Detached Grg

Elementary School: Adams Elem.
High School: Vashon High
Middle School: Fanning Middle Community Ed.
School District: St. Louis City

Adams Elementary School is a public elementary school located approximately 0.3 miles away.
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Fanning Middle Community Ed. is a public middle school located approximately 2.1 miles away.
directions icon Map directions

Vashon High School is a public high school located approximately 2.2 miles away.
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Sacred Heart Villa is a private elementary school located approximately 0.4 miles away.
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Gross Income: 47220.00
Tenant Pays: Cable TV/Satellite, Electric, Water

Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 3
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 2
Unit-1 Description: Dryer, Walk-through BDRM, Washer
Unit-2 Description: Dryer, Walk-through BDRM, Washer
Unit-3 Description: Dining, Dryer, Possible Extra Sleep, Washer

Balcony
Basement
Deck
Laundry Facl-Private
Partial Fencing
Patio
Annual Tax Amount: 1267
Source Listing Status: Active
County: St Louis City
Tax Year: 2023
Ownership: Private
Source Property Type: Multi-Family 2-4
Area: South City
Source Neighborhood: Forest Park Southeast
Postal Code Plus 4: 3831
Subdivision: McRee Add
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$13,240 + $1,270
$14,510
$1,227
2021$13,240 + $1,270
$14,510
$1,225
2020$12,840 + $1,270
$14,110
$1,184
2019$12,840 + $1,270
$14,110
$1,180
2018$11,320 + $1,270
$12,590
$1,088
2017$11,320 + $1,270
$12,590
$1,070
2016$10,110 + $1,730
$11,840
$1,020
2015$10,110 + $1,730
$11,840
$926
2014$9,770 + $1,730
$11,500
$900
2013$9,770 + $1,730
$11,500
$900
2012$13,070 + $1,730
$14,800
$1,137
2011$13,070 + $1,730
$14,800
$1,094
2010$13,560 + $1,730
$15,290
$1,085
2009$13,560 + $1,730
$15,290
$1,044
2008$13,720 + $1,730
$15,450
$1,027
2007$13,720 + $1,730
$15,450
$1,029

Listed 2024-02-13
$699,000
MARIS
Sold 2019-05-21
$0
MARIS
Relisted 2019-05-01
$285,000
MARIS
Listing removed 2019-04-29
$0
MARIS
Listed 2019-03-28
$285,000
MARIS
Sold 1999-10-27
$0
Public Record
Sold 1989-02-22
$0
Public Record

Net Operating Income: 39456.00

Total Square Feet Living: 4128
Year Built: 1891
Construction Materials: Brick/Stone Msn Pred
Living Area Source: County Records
Property Age: 133
Structure Type: Flat/Shotgun/Ext Ent, 2 Sty Townhouse
House Style: 3-Family
Total Above Grade Sqft Area: 4128

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.