Residential Income for Sale: 3628 Arkansas Avenue, St Louis, MO 63118

2,670 sqft
$299,900
$299,900
3628 Arkansas Avenue, St Louis, MO 63118
2,670 sqft
$299,900
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Price:
$299,900
$15,000 - 10/07/2026

Type Residential Income
Style 2 Story
Total Living Area 2,670 sqft
Square Footage 2,670 sqft
Lot Size 0.11 acres
Year Built 1960
Taxes Paid $1,960

City St Louis
County St Louis City
School District St. Louis City
Subdivision Bells Add

MLS 26057490
Status Active
DOM 32 days
PRICE IMPROVEMENT – Fully Occupied 4-Family Investment Opportunity! Offered at $299,900, this income-producing property at 3628-3630 Arkansas Ave features four 1-bedroom, 1-bath units, all currently occupied and generating immediate rental income. Each unit is currently rented at $750/month, producing $3,000 in gross monthly rent and $36,000 annually. At the new asking price, that's approximately a 12.0% gross rent yield based on current rents. Three of the four units are currently occupied by Section 8 tenants. Tenants are responsible for their own electric and gas. Owner pays water, sewer, trash, and landscaping. Property is currently professionally managed, making this an attractive opportunity for an investor looking to add a stabilized multifamily asset to their portfolio. Please do not disturb tenants. No showings without an accepted contract. Rent roll, leases, tenant ledgers, and occupancy permits are available for review. Buyer and buyer's agent to verify all financial information, rents, expenses, and property details.

Room Features

Basement Description Interior Entry, Storage Space, Unfinished, Full

Lot & Building Features

Appliances Gas Range, Electric Range, Refrigerator
Architecture Traditional
Construction Brick
Cooling Ceiling Fan(s), Central Air
Heating Gas, Forced Air
Interior Decor Center Hall Floorplan
Parking Description Parking Pad, Alley Access, On Street, Off Street
Tax Year 2025
Taxes Paid $1,960
Water Public

Community and Schools

Elementary School Froebel Elem.
Junior High School Fanning Middle Community Ed.
Senior High School Roosevelt High

Price History of 3628 Arkansas Avenue, St Louis, MO

Date Name Price Difference
10/07/2026 Price Adjustment $299,900 4.76%
09/08/2026 Listing Price $314,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By


Map of 3628 Arkansas Avenue, St Louis, MO

Location Map Street View
Photo of Miranda Hedrick
Direct: 314-705-7750
Office
4409 Meramec Bottom Rd Ste G
Saint Louis, MO 63129
314-293-9339
Listed by Gateway Real Estate, Miranda Hedrick
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3628 Arkansas Avenue (MLS #26057490) is a 2 story residential income listing located in St Louis, MO. This is a residential income listing with a lot of 5,001 sqft (or 0.11 acres). This property was listed on 09/08/2026 and has been priced for sale at $299,900.

Nearby zip codes are 63104, 63110, 63111 and 63116.

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Listing information courtesy of: Gateway Real Estate

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