$1,069 Closing Credit¹
#24066578, Listing Office: Coldwell Banker Premier Group
$4,275
closing credit¹
5848 Kennerly Ave Saint Louis, MO 63112
$360,000 List price
$4,275
Closing credit¹
Multi-Family
Property details
About 5848 Kennerly Ave
Investor Opportunity: Well-maintained, income-generating 4-family property, 3/4 occupied shotgun style units, with one unit vacant for showings. The seller will assist in finding a tenant for the vacant unit, providing a seamless transition for the buyer. This turnkey investment delivers immediate cash flow with an impressive 11.3% cap rate, exceeding the 1% rule. Recent upgrades include new water heaters, plumbing lines, fixtures, and furnaces, minimizing maintenance costs. Each unit features updated kitchens, bathrooms, and flooring, with a washer/dryer hookup in the basement for tenant convenience. Located near parks, public transportation, and University City, ensuring strong rental demand. This property provides reliable cash flow from day one, making it a smart, long-term addition to any investment portfolio.
Highlights
Home typeMulti Family
HeatingForced Air
StatusActive
Year built1928
ParkingAdditional Parking, On Street
MLS #24065303
Summary
- MLS Number: 24065303
- MLS Name: MARIS
- Office Name: Magnolia Real Estate
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: 2/2/2025, 2:23:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$360,000
5848 Kennerly Ave
$4,275
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
1
Laclede Elementary School
Public District PK-5
0.1 mi
•5821 Kennerly Ave
4
Kipp Victory Academy
Public Charter KG-4
1.2 mi
•955 Arcade Ave
2
Lexington Elementary School
Public District PK-5
1.2 mi
•5030 Lexington 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 $21,633. The most common annual income of people living in Saint Louis, MO is less than $<35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
65%
<35k
34%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
56%
Single, No Kids
28%
Single, with Kids
11%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
13%
12-17 yrs old
20%
18-34 yrs old
33%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Where do the neighbors shop?
Burlington
H&M
Where do the neighbors go to eat?
White Castle
Boston Market
What do the neighbors drive?
Kia
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 5848 Kennerly Ave in Saint Louis, MO and zip code 63112 in the Wells / Goodfellow neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $360,000.
Saint Louis, MO housing market in January 2025 saw over 33 listings sold above listed price, more than 25 sold at listed price and over 90 sold below. In January 2025 in Saint Louis, MO there were 0.6% more homes for sale than in December. In January 2025 median list price was $224,982 and the average listing age was 54 days.
From Rocket Homes Real Estate and based on county public records data.