924 Pendleton AVE Pending Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63108
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Pending
Purchase Type For Sale
Square Footage 3,342 sqft
Price per Sqft $35
Subdivision Delmar Add'N
MLS Listing ID 25039145
Year Built 1900
Acres 0.076
Property Sub-Type 2-4 Units
Property Description
Welcome to this three-unit building located just two blocks from Delmar in the historic Vandeventer neighborhood. This property is primed to start generating income right away. The upstairs unit features four spacious bedrooms and is nearly rent-ready. On the main floor are two additional units that could easily be combined into another four-bedroom apartment. One unit is nearly complete as a one-bedroom, while the other still needs a full buildout and could also become a one-bedroom. Each unit is separately metered and equipped with newer HVAC systems—the bottom unit just needs A/C. The basement houses updated electric panels and water heaters. HUD currently pays up to $2,570 for a four-bedroom unit in this area, meaning you could generate over $5,000/month once the lower units match the upstairs configuration. While some finishing work is needed, the property offers strong cash-flow potential. Don't miss this opportunity to own a partially rent-ready investment property just steps from Delmar. Vacant lot next door can be included, not currently listed. Offers will be reviewed as received—bring your highest and best. Priced to move quickly, seller seeks a fast, as-is sale.
Location
State MO
County St Louis City
Area 4 - Central West
Rooms
Basement Full,Interior Entry,Storage Space,Unfinished
Interior
Heating Forced Air
Cooling Central Air,Electric,Wall/Window Unit(s)
Fireplace N
Exterior
Parking Features false
Roof Type Flat
Building
Water Public
Architectural Style Low/1-2
Structure Type Brick
Schools
Elementary Schools Pamoja Prep / Cole
Middle Schools Pamoja Prep / Cole
High Schools Sumner High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash,Conventional,Private
Listing Terms Cash,Conventional,Private
Special Listing Condition Standard