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3196 Portis Avenue

St. Louis MO 63116

3996 sq. ft.
6081 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Fantastic building to add to your portfolio or to start your investment journey. This 4-family building is located on a great block just south of Tower Grove Park and just two short blocks to the heart of the exciting Morganford business district. This building has been continuously improved over the years. All units are updated and include: Private back bedroom with balcony or deck, large walk-in closets, big kitchens, decorative fireplaces, a second bedroom/office/sunroom, central heat/AC, hardwood floors, newer windows and a newer TPO roof on the entire building. Partial sewer line replacement including outside section to city main. Units are large, about 1000 sq. ft and two have nicely built out kitchens with center islands. Current rents $1252, $1220, $1100, $1075. Great opportunity to own a building on a nice, quiet block with units that easily rent.

Features

3996 sq. ft. floor area
6081 sq. ft. lot size
Multi-Family

Property history for 3196 Portis Avenue

2021
Rented
Undisclosed
12 Nov 2021 by West End Mngmt & Leasing Srvs

Happy sellers in St. Louis

90%
90% of sellers in St. Louis reported that their sale price either exceeded or met their price expectations.

St. Louis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in St. Louis over the last 12 months.

Local market activity for multi families in St. Louis

In the last 12 months, 88 multi families similar to 3196 Portis Avenue, have been sold.

This represents a 33% increase in multi families sales when compared to the previous 12 months.

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