#25022672, Listing Office: Keller Williams Realty STL
3921 Shenandoah Ave Saint Louis, MO 63110
Property details
About 3921 Shenandoah Ave
ENORMOUS 4-Family building in the heart of the prestigious Shaw neighborhood has two 4 bedroom and two 3 bedroom units and is currently producing a 7.2% Cap Rate with 10.3% Proforma and Current NOI of $58,331! 3 of 4 Units have been updated in recent years, along with 2 new HVAC & Water Heaters 2024, Recent Tuckpointing on all sides, 3 of 4 units are subsidized rent for guaranteed stability. The 4th is MTM, coincidentally the unit that has not been updated due to a long-term tenant – but that would make it perfect for an owner occupant to move in, add your own touches to your preference and make this your home! Seller not interested and won't consider offers including seller financing, or creative financing, but welcomes your CASH, or Conventionally backed contracts. We MAY be able to arrange listing agent accompanied viewings of the basement for serious buyers with proof of funds. Tenants will not be disturbed w/o a contract.
Highlights
Summary
- MLS Number: 24067005
- MLS Name: MARIS
- Office Name: Real Broker LLC
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Last updated on: 4/26/2025, 4:23:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$815,000
3921 Shenandoah Ave
$9,678
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
2
Shenandoah Elementary School
Public District PK-6
0.6 mi
•3412 Shenandoah Ave
4
Mullanphy Botanical Gardens
Public Magnet PK-5
0.6 mi
•4221 Shaw Blvd
5
Mann Elementary School
Public District PK-5
0.7 mi
•4047 Juniata St
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 $40,318. Typical income of Saint Louis, MO residents is less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
Similar homes for sale
This home is located at 3921 Shenandoah Ave in Saint Louis, MO and zip code 63110 in the Shaw neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $815,000.
While more than 57 listings in Saint Louis, MO in March 2025 were sold above asking price, there were more than 43 listings sold at asking price, and more than 110 were sold below. The number of homes for sale in Saint Louis, MO increased by 21.5% between February and March 2025. While the average time on the market in March 2025 was 44 days, the median list price was $224,996.