$7,422 Closing Credit¹
#25028773, Listing Office: Salient Realty Group, LLC
$609,900 List price
1016 Tamm Ave Saint Louis, MO 63139
$7,243
Closing credit¹
0 beds
2,300 sqft
0.09 acres
$265 / sqft
Multi-Family
Property details
About 1016 Tamm Ave
Don’t miss this rare opportunity to own a fully move-in ready 4-unit property in a highly desirable neighborhood! This well-maintained building features three spacious 2 bed / 1 bath units and one charming 1 bed / 1 bath unit—perfect for steady, reliable income. With strong rental demand in the area, the 2-bedroom units can each cash flow approximately $1,500/month, while the 1-bedroom brings in around $800/month. That’s a potential of $5,300/month in gross rental income—an ideal setup for investors looking to generate immediate and consistent returns. One of the 2-bedroom units is a private standalone unit in the back, offering additional tenant privacy and rental appeal. Whether you're looking to house hack or add a solid performer to your portfolio, this property checks all the boxes: great neighborhood, fully turnkey condition, and real income potential from day one. Opportunities like this don’t last—schedule a showing today and secure your next smart investment!
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air, Electric
Size2,300 sqft
Lot size0.0909 Acres
Year built1905
ParkingOff Street
MLS #25028921
Summary
- Appliances: Gas Water Heater
- Basement: No
- Parking: Off Street
- Heating: Forced Air, Natural Gas
- Cooling: Central Air, Electric
- List Price: $609,900
- Price/SqFt: $265
- Annual Tax Amount: $2,561
- Tax Year: 2023
- Year Built: 1905
- Living Area: 2,300 SqFt
- Lot Size: 0.0909 Acres
- MLS Number: 25028921
- MLS Name: MARIS2
- Office Name: Keller Williams Realty St. Louis
- Office Phone: (314) 677-6000
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2025 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 11:38:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$609,900
1016 Tamm Ave
$7,243
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 15, 2019 | Home Sold | $164,900 |
| Sep 23, 2015 | Home Sold | $120,000 |
| Aug 18, 2006 | Home Sold | $110,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $31,830 | $2,561 |
| 2022 | $19,920 | $1,674 |
| 2021 | $19,920 | $1,674 |
| 2020 | $19,060 | $1,589 |
| 2019 | $19,060 | $1,583 |
| 2018 | $17,860 | $2,081 |
| 2017 | $24,810 | $2,081 |
History based on county public records data.
Nearby schools
4
Dewey School-International Studies
Public Magnet PK-5
0.6 mi
•815 Ann Ave
5
MRH Elementary School
Public District 2-6
1.3 mi
•1800 Princeton Pl
6
Ralph M. Captain Elementary School
Public District KG-5
1.4 mi
•6345 Northwood Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,339. Typical income of Saint Louis, MO residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
41%
<35k
56%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
74%
Single, No Kids
5%
Single, with Kids
15%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
4%
12-17 yrs old
38%
18-34 yrs old
43%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Tennis
Major League Soccer (MLS)
Music Concerts
Where do the neighbors shop?
Crate & Barrel
Banana Republic
H&M
Where do the neighbors go to eat?
Starbucks
Jack In The Box
Chipotle
What do the neighbors drive?
BMW
Toyota
Volkswagen
What do the neighbors listen to?
News
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 1016 Tamm Ave in Saint Louis, MO and zip code 63139 in the South City neighborhood. This 2,300 square foot home, which was built in 1905, sits on a 0.09 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since May 7, 2025 and is currently priced at $609,900.
In May 2025, from all listings sold in Saint Louis, MO there were more than 124 sold above asking price, over 141 sold below and more than 66 were sold right at the asked price. The inventory of homes for sale in Saint Louis, MO between April and May 2025 increased by 4.6%. The median list price of listings available in May 2025 was $224,999, while the average time on the real estate market was 49 days.
From Rocket Homes Real Estate and based on county public records data.