3845 Potomac Street

St. Louis, MO 63116

$220,000
Price
—
Beds
3,264 Sq. Ft.
$67 / Sq. Ft.
3,264
Sq. Ft.
$67
per Sq. Ft.

Description

Calling all savvy investors! Discover a prime opportunity with this 4-family property in Tower Grove South. The property needs some work. Whether expanding your rental portfolio or diving into real estate investment, this gem awaits your vision. Perfectly situated, it offers unparalleled convenience and the potential for lucrative returns. Imagine creating your dream project on this promising canvas. Sold as-is, the seller will make no repairs or inspections. All 4 units are currently tenant-occupied....Calling all savvy investors! Discover a prime opportunity with this 4-family property in Tower Grove South. The property needs some work. Whether expanding your rental portfolio or diving into real estate investment, this gem awaits your vision. Perfectly situated, it offers unparalleled convenience and the potential for lucrative returns. Imagine creating your dream project on this promising canvas. Sold as-is, the seller will make no repairs or inspections. All 4 units are currently tenant-occupied. Please do not disturb the tenants.
  1. Listed by Sarah Nguyen-Bani • RE/MAX Results

Amenities

  • Forced Air
  • Street Parking
LISTING UPDATED: 12/06/2024 08:18 AM

Property Details for 3845 Potomac Street

StatusActive
MLS #24052675
Days on Market101
Taxes$1,332 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family 2-4
Year Built1913
Lot Size0.10 AC / 4,421 SF
CountySt. Louis Independent City

Building Information for 3845 Potomac Street

Stories-Residences-Year Built1913Building Size-Lot Size0.10 AC / 4,421 SF

Property Information for 3845 Potomac Street

Summary
Location and General Information
  • City: St Louis
  • County Or Parish: St Louis City
  • Directions: EAST ON CHIPPEWA, TO NORTH ON GUSTINE,TO EAST ON POTOMAC
  • Latitude: 38.594713
  • Longitude: -90.250428
  • Neighborhood: Tower Grove South
  • Postal Code: 63116
  • State Or Province: MO
  • Sub division Name: Hunts Add
  • Postal Code Plus 4: 4725
Taxes and HOA Information
  • List AOR: St. Louis Association of REALTORS
  • Association Fee: $.00
  • Association Fee Frequency: None
  • Prop Asses City Tax: 1
  • Parcel Number: 4187-00-0590-0
  • Tax Annual Amount: $1,332.00
  • Tax Year: 2023
Owner
  • Township: St. Louis City
Parking
  • Attached Garage: No
  • Parking Features: On Street
  • Driveway: None
School Information
  • Elementary School: Mann Elem.
  • High School: Roosevelt High
  • High School District: St. Louis City
  • Middle Or Junior School: Fanning Middle Community Ed.
Property
Lot Information
  • Lot Size Acres: 0.1015
  • Lot Size Dimensions: 45x105
  • Lot Size Source: County Records
  • Lot Size Square Feet: 4421.0
  • Property Sub Type: Multi-Family 2-4
  • Property Type: Residential Income
Property and Assessments
  • Above Grade Finished Area: 3264.0
  • Above Grade Finished Area Source: Public Records
  • Documents Count: 4
  • Building Desc: Other
  • Photos Count: 5
  • Videos Count: 0
  • Year Built: 1913
  • Disclosures: Unknown,City,Code Compliance Reqd,Sellers Discl Not Av
  • Age: 111
  • Construction Materials: Brick Veneer
  • Ownership Type: Private
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Some Smoke Alarm(s)
  • Heat Source: Gas
  • Cooling: None
  • Heating: Forced Air
  • Heating YN: Yes
Multi Family
Multi-Family Information
  • Type of Units: 4-Family
Income & Expenses
  • Miscellaneous: Basement
  • Net Operating Income: $13,130.00
  • Operating Expense Includes: Insurance,Water/Sewer,Taxes,Trash,Fixed Expenses
  • Total Expenses: 6070.00
Unit 1
  • UnitType Beds Total: 1.0
Unit 2
  • UnitType Beds Total: 1.0
Unit 3
  • UnitType Beds Total: 1.0
Unit 4
  • UnitType Beds Total: 1.0
Rental
Rent Information
  • Lease Term: Month To Month
  • Sub Lease: 0
  • Tenant Pays: Electricity, Gas

Property History for 3845 Potomac Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3845 Potomac Street

Taxable ValueLand$1,350Additions$11,040Total$12,390
Tax Record2020$1,123 ($94 / month)
Home Facts
Baths4Total Finished SqFt3,264 SqFtAbove Grade Finished SqFt3,264 SqFtStories2Lot Size4,421 SqFtStyleQuadraplexYear Built1913Year Renovated1913ZoningBCountySAINT LOUIS CITYAPN41870005900

Schools near 3845 Potomac Street

This home is within St. Louis City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Mann Elementary School
PublicPK to 6

Long Middle Community Ed. Center
Public6 to 8

Roosevelt High School
Public9 to 12

Fanning Middle Community Ed.
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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3845 Potomac Street is a multi-family home for sale in St. Louis, MO 63116. This property was listed for sale on August 27, 2024 by RE/MAX Results, it's currently listed at $220,000. It has been on the market for a total of 101 days and was last sold on August 5, 2005. This listing's school district is St. Louis City School District. Nearby schools include Mann Elementary School, Long Middle Community Ed. Center and Roosevelt High School. 3845 Potomac Street is a 0-bed, 0-bath, 3,264 sqft multi-family home built in 1913.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Results

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MARIS, Bagnell Dam Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.