#25006060, Listing Office: Gladys Manion, Inc.
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
- Appliances: Gas Water Heater
- Basement: No
- Parking: Additional Parking, Off Street
- Architectural Style: Other
- Heating: Forced Air, Natural Gas
- Cooling: Central Air, Electric
- List Price: $815,000
- Price/SqFt: $149
- Directions: GPS PLease. 39th to Shenandoah.
- Year Built: 1903
- Living Area: 5,462 SqFt
- Lot Size: 0.1416 Acres
- MLS Number: 24067005
- MLS Name: MARIS2
- Office Name: Real Broker LLC
- Office Phone: (573) 520-3099
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Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2025 Mid America Regional Information System (MARIS). All Rights Reserved.
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Last updated on: 5/21/2025, 3:23:28 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
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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. The majority of Saint Louis, MO residents have income less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
Similar homes for sale
This home is located at 3921 Shenandoah Ave in Saint Louis, MO and zip code 63110 in the Shaw neighborhood. This 5,462 square foot home, which was built in 1903, sits on a 0.14 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $815,000.
In April 2025 more than 99 listings in Saint Louis, MO were sold above the asking price. During the same period more than 48 listings were sold at asking price, while more than 102 were sold below. The number of listings in Saint Louis, MO increased by 19.6% between March and April 2025. In April 2025, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $224,997.