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About the Listing TWRG01 - ESCHULTZ
Welcome to 4523 Adelaide Ave — a solid duplex offering immediate upside with minimal work needed to maximize rental income. The first-floor unit features 2 bedrooms and has already been tastefully updated with upgraded cabinetry, newer countertops, and tile flooring in the kitchen. The bathroom has also been refreshed with a newer shower, updated vanity, and modern tile finishes — making this unit move-in ready for a tenant. The spacious upstairs unit offers 3 bedrooms and is primed for your finishing touches. With only light improvements needed to bring it to rent-ready condition, the opportunity to quickly increase income is clear. Projected rents are strong, with the lower unit estimated at approximately $850/month and the upper unit at $1,100/month — creating excellent cash flow potential once fully leased. The property also features major updates that add peace of mind for investors, including a newer roof and newer furnaces. Central air provides added tenant comfort and desirability. With solid mechanicals already in place and most of the heavy lifting done, this is an ideal opportunity for an investor looking for a near turn-key property with strong income potential. Property is agent owned (not listing agent)
Listing Highlights
Status
Active
Days on Site
18
Property Type
Multi-Family
MLS ®
26007978
Year Built
1911
Total Square Footage
2,426
Lot/Acreage
0.1
County
St Louis City
Neighborhood
Plymouth Park Add 02
Area
5 - North
School District
St. Louis City
Elementary School
Hickey Elem.
Middle School
Yeatman-Liddell Middle School
High School
Vashon High
Interior Details
- Bedrooms: 5
- Bathrooms: 2 Full
- Appliances: Free-Standing Range, Free-Standing Refrigerator
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces:
- Floor: Hardwood,Tile
- Above Ground Sq Ft: 2426
- Below Ground Sq Ft: n/a
- Basement: Full,Unfinished
- Other: Eat-in Kitchen,Pantry
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Roof: Flat
- Others:
- Sewer:
Financial Details
- Tax Amount: $296
- Taxes w/Assessments: N/A
- Tax/Property ID: 3548-00-0400-0
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
4523 Adelaide Ave St Louis, MO 63115
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