3420 Lawn Avenue

St. Louis MO 63139

Multi-Family

Daniel Hartzke, last sold this property on 22 November 2024 after -175 days on market.

Overview

Once-in-a-decade opportunity at $42,000 per unit. This 6-unit North Hampton property is a rare rehab ideal for investors eyeing value-add projects. The building features two spacious 2-bedroom units and four 1-bedroom units. Two units have fire damage, while the remaining four have smoke exposure. All units are vacant. Recent MLS sales for 5+ unit buildings in 63139 and neighboring 63109 and 63110 have ranged from $102,500 to $195,833 per unit, driven by size and condition, offering flexibility in finish selections. Potential market rents = $1,095 for updated 1br and $1,295 for updated 2br. Buyers should perform their own property condition analysis and financial analysis. The last comparable rehab of this size and type in North Hampton listed on MLS was January 2015.

Features

Multi-Family

Estimated Value

Based on this property and similar multi families sold in St. Louis over the last 12 months, the estimated median property value of 3420 Lawn Avenue is $315k.

Median value

$315k

Estimated value range

$315k - $315k

Median days on market

Estimated value trend

14%

increase over the last 12 months

Average days on market is based on recent, comparable sales in St. Louis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3420 Lawn Avenue

2024

Sold

Undisclosed

22 Nov 2024 by Daniel Hartzke, of Invest St. Louis

Happy sellers in St. Louis

We have insufficient information to provide an overview of customer satisfaction for St. Louis. Viewing the agent profiles, reviews and sales for St. Louis can provide insights for this location.