BEDS0
BATHS
SQUARE FEET4,054
MLS#26054630
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSt Louis Add
SCHOOLSt Louis City
Property Description
Two 4 family buildings can be sold as a package or separately, 4731-33 and 4735-37. This listing is for 4735-37. Four Family, Turnkey and fully occupied. Sold at a 10% cap rate. 100% turnkey and generating a NOI of $35,632k, these buildings have a little something for anyone seeking cashflow! Two 2 bd Units, 2 1 bd units, each with open kitchen to living area layout. 2-car parking pad behind the spaciously fenced yard. Stable tenancy, market rates, one coming available in October could be an owner Occupied unit. The last opening was filled in a week and left a line of tenants looking for other apartments to open up. Tenants have been thoroughly vetted and pay electronically and on time. 3 Units have electronic door locks which minimize key management concerns. Tons of updates 2019-2020 include moderately to nicely updated kitchens and baths, new sewer, a new roof, and a new city water line. Forced Air and Central AC in all units, 2 new furnaces 2024-2025. 4735-37 are nearly identical in finishes with new shaker cabinetry, countertops, tile, flooring, stainless steel appliances. Photos for all units linked the downloadable supporting docs and 3D Tours of many are available upon request. Seller completed full inspections on both buildings in October 2025 reports are provided in the supplements along with financials, receipts for major work also provided.Two Parcels, Seller prefers to sell as a package but will separate. Be sure to check with your lender on the type of insurance they require, some lenders may require Full Replacement Value which is a bit of a sledgehammer to a thumbtack, but it will cause your insurance to be higher than sellers - so check on the requirements and get a quote while you're considering your offer. Seller will not finance or accept any sort of 'creative offer. Must relinquish property entirely, using 1031 exchange. Please download the OM for details and deeper financial information, additional pictures and video. All must be reviewed and acknowledged in any offer. Buyers will be responsible for converting electronic door locks, and utilities to their own accounts after closing.Check OM for link to receipts, inspections, photos of each unit, leases, occupancy certificates and more.INSPECTIONS HAVE BEEN PROVIDED by Seller 10/2025 and are linked in the OM.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Cooling: Central Air
Heating: Forced Air, Natural Gas
Home Style: Traditional
Lot Size: 0.15 Acres
Roof Type: Flat
Taxes: $2,128
Year Built: 1916
Feature Descriptions
Appliances: Dishwasher, Range, Built-In Electric Range, Electric Range, Refrigerator, Gas Water Heater
Days on Site: 9
Exterior: Brick
Laundry: In Basement, Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Parcel#: 2774-00-0330-0
Parking: Off Street, Parking Pad
Parking Notes: Off Street, Parking Pad
SQFT. Above Grade: 4000
Units: 4
Water: Public
Local Schools
High School: Roosevelt High
Middle School: Long Middle Community Ed. Center
Elementary School: Woodward Elem.
School District: St Louis City
Listed By / Shown By
Listed By
Agency Name: Real Broker LLC
Shown By
Agent Name: Michael Simon
Agent Phone: 314.757.9700
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 2,128.29 per month $1,851.82 Principal & Interest $177.33 Property Tax $99.14 Homeowner's InsuranceChange Payment Information
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4735-4737 Alaska Avenue | MLS# 26054630
This multi-family property located at 4735-4737 Alaska Avenue, Saint Louis, MO 63111 is currently listed for sale with an asking price of $339,900. 4735-4737 Alaska Avenue is located within the St Louis City school district. Search Saint Louis real estate on www.simonsellsstl.com today.