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4930 Wise Ave

St. Louis MO 63110

3300 sq. ft.
5479.85 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

This turn-key, fully furnished, investment offers a rare opportunity to acquire a fully stabilized, high-yield hospitality (airbnb) asset in one of the city's most sought after areas to live, work and play, located just south of the Central West End, North of "The Grove" and blocks from St. Louis Science Center. The property was recently rehabbed featuring four separate units meticulously designed with high-end finishes, including granite countertops, custom cabinetry, stainless steel appliances, tile and spa-inspired bathrooms. Each unit is delivered fully furnished with professional, designer-curated decor, ensuring a seamless transition for the next owner and maintaining the property's reputation for five-star guest experiences. Operating as a high-performance short-term rental, the building generates significantly higher margins than traditional long-term leases, supported by a prime location within walking distance of parks and night life. Because major updates the property offers a low-maintenance, "plug-and-play" solution with virtually no upcoming capital expenditure requirements. This is an ideal acquisition for a 1031 exchange, owner-occupant or any investor looking to secure a luxury four family with immediate, optimized cash flow.

Features

3300 sq. ft. floor area
5479.85 sq. ft. lot size
Multi-Family

Property history for 4930 Wise Ave

2019
Sold
Undisclosed
23 Apr 2019 by Carol Farley, of Eaton Properties, Inc.

Happy sellers in St. Louis

94%
94% 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 3 reviews in St. Louis over the last 12 months.

Local market activity for multi families in St. Louis

In the last 12 months, 39 multi families similar to 4930 Wise Ave, have been sold.

This represents a 21% increase in multi families sales when compared to the previous 12 months.

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