$405,000

5829 Mardel Ave Saint Louis, MO 63109

$4,809
Closing credit¹
0.1 acres
Multi-Family

Property details

About 5829 Mardel Ave

Exceptional 4-Family Investment property in North Hampton! This property is perfect for investors or owner-occupants, featuring three occupied units generating $775, $750, and $900 per month, plus one vacant unit ready for immediate tenancy. All units are 1 bed and 1 bath, with ample living space. Original hardwood floors add charm, while a detached three-car garage provides extra value and income potential. Located in a sought-after community, tenants enjoy proximity to shops, dining, schools, and major roads. With a strong rental history and market demand, this home offers lasting income and appreciation. The potential is undeniable whether you lease all the units or occupy one. Schedule a showing today before this rare opportunity is gone!

Highlights

Home typeMulti Family
HeatingForced Air
StatusActive
CoolingWall/Window Unit(s), Electric
Lot size0.1101 Acres
Year built1940
ParkingDetached Garage - 3-4 Car
MLS #25004908

Summary

  • MLS Number: 25004908
  • MLS Name: MARIS
  • Office Name: Coldwell Banker Realty - Gunda

IDX 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.

IDX 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: 3/12/2025, 8:23:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of back house at dusk

$405,000

5829 Mardel Ave

$4,809

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

10

W.A. Higgins Middle School Academy of International Studies and Visual & Performing Arts

Public Magnet PK-5

0.1 mi

6020 Pernod Ave

4

Buder Elementary School

Public District PK-5

0.7 mi

5319 Lansdowne Ave

10

Kennard/Classical Jr. Academy

Public Magnet PK-5

0.9 mi

5031 Potomac St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,866. The majority of Saint Louis, MO residents have income less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

44%
<35k
34%
35k-100k
20%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

64%
Single, No Kids
5%
Single, with Kids
19%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
4%
12-17 yrs old
28%
18-34 yrs old
44%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Men's TennisMen's Tennis
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Crate & BarrelCrate & Barrel
  • Nordstrom RackNordstrom Rack
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • The Cheesecake FactoryThe Cheesecake Factory
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • BMWBMW
  • VolvoVolvo
  • ToyotaToyota

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 5829 Mardel Ave in Saint Louis, MO and zip code 63109 in the Tilles Park neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 7, 2025 and is currently priced at $405,000.

While more than 48 listings in Saint Louis, MO in February 2025 were sold above asking price, there were more than 36 listings sold at asking price, and more than 93 were sold below. The number of homes for sale in Saint Louis, MO increased by 16.8% between January and February 2025. The median list price of listings available in February 2025 was $224,833, while the average time on the real estate market was 55 days.

From Rocket Homes Real Estate and based on county public records data.

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