4851 Penrose Street

St. Louis, MO 63115

$85,000
Price
—
Beds
1,866 Sq. Ft.
$46 / Sq. Ft.
1,866
Sq. Ft.
$46
per Sq. Ft.

Description

Check out this great investment opportunity! Occupied duplex with great cash flow, well within the 1 % rule! This all brick fully occupied duplex would make a great addition to your rental portfolio. The upper unit tenant is month to month, paying $515/month, the lower unit long term tenant pays $485/month with the current lease expiring 12/31/24, the tenant will be renewing the lease for $600/month. Each unit is a 1 bedroom 1 bathroom unit with a spacious living area, dining area, and kitchen.Check out this great investment opportunity! Occupied duplex with great cash flow, well within the 1 % rule! This all brick fully occupied duplex would make a great addition to your rental portfolio. The upper unit tenant is month to month, paying $515/month, the lower unit long term tenant pays $485/month with the current lease expiring 12/31/24, the tenant will be renewing the lease for $600/month. Each unit is a 1 bedroom 1 bathroom unit with a spacious living area, dining area, and kitchen.
  1. Listed by Nika Ponder • Main Key Realty LLC

Amenities

  • Air Conditioning
  • Forced Air
  • Off-Street Parking
LISTING UPDATED: 11/07/2024 06:42 PM

Property Details for 4851 Penrose Street

StatusActive
MLS #24047343
Days on Market110
Taxes$313 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family 2-4
Year Built1927
Lot Size0.08 AC / 3,267 SF
CountySt. Louis Independent City

Building Information for 4851 Penrose Street

Stories-Residences-Year Built1927Building Size-Lot Size0.08 AC / 3,267 SF

Property Information for 4851 Penrose Street

Summary
Location and General Information
  • City: St Louis
  • County Or Parish: St Louis City
  • Latitude: 38.680073
  • Longitude: -90.243397
  • Neighborhood: Penrose
  • Postal Code: 63115
  • State Or Province: MO
  • Sub division Name: Edw A Gans Crest Hill Add
  • Postal Code Plus 4: 2131
Taxes and HOA Information
  • List AOR: St. Louis Association of REALTORS
  • Prop Asses City Tax: 1
  • Parcel Number: 4390-30-0450-0
  • Tax Annual Amount: $313.00
  • Tax Legal Description: C. B. 4390 BS PENROSE 28 FT 7 3/4 IN / 37 FT 2 5/8 IN X 121 FT 6 5/8 IN / 121 FT 9 IN E A GANSS CRES
  • Tax Year: 2023
Owner
  • Township: St. Louis City
  • Owner Name: Tri State Group Llc
Parking
  • Attached Garage: No
  • Parking Features: Off Street
School Information
  • Elementary School: Ashland Elem. and Br.
  • High School: Sumner High
  • High School District: St. Louis City
  • Middle Or Junior School: Yeatman-Liddell Middle School
Property
Lot Information
  • Lot Size Acres: 0.075
  • Lot Size Dimensions: 3,268
  • Lot Size Source: County Records
  • Lot Size Square Feet: 3267.0
  • Property Sub Type: Multi-Family 2-4
  • Property Type: Residential Income
Property and Assessments
  • Above Grade Finished Area: 1866.0
  • Above Grade Finished Area Source: Public Records
  • Documents Count: 0
  • Building Desc: Duplex
  • Photos Count: 15
  • Videos Count: 0
  • Year Built: 1927
  • Disclosures: Unknown,Flood Plain No,Sellers Discl Not Av
  • Age: 97
  • Ownership Type: Private
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heat Source: Gas
  • Cable Available: 1
  • Cooling: Electric
  • Heating: Forced Air
  • Heating YN: Yes
Multi Family
Multi-Family Information
  • Type of Units: 2-Family
Income & Expenses
  • Net Operating Income: $10,557.09
  • Operating Expense Includes: Other
  • Total Expenses: 1442.91
Rental
Rent Information
  • Lease Term: Leases
  • Sub Lease: 0
  • Tenant Pays: Electricity, Gas

Property History for 4851 Penrose 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 4851 Penrose Street

Taxable ValueLand$510Additions$3,070Total$3,580
Tax Record2023$313 ($26 / month)
Home Facts
Baths2Total Finished SqFt1,866 SqFtAbove Grade Finished SqFt1,866 SqFtStories2Lot Size3,268 SqFtStyleDuplexYear Built1927ZoningBCountySAINT LOUIS CITYAPN439030-04500

Schools near 4851 Penrose 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 - PK to 6
Rating
School
Distance
Ashland Elementary And Br.
PublicPK to 6

Yeatman-Liddell Middle School
Public6 to 8

Sumner High School
Public9 to 12

Cote Brilliante Elementary School
PublicPK to 6

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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4851 Penrose Street is a multi-family home for sale in St. Louis, MO 63115. This property was listed for sale on July 29, 2024 by Main Key Realty LLC, it's currently listed at $85,000. It has been on the market for a total of 110 days and was last sold on October 24, 2016. This listing's school district is St. Louis City School District. Nearby schools include Ashland Elementary And Br., Yeatman-Liddell Middle School and Sumner High School. 4851 Penrose Street is a 0-bed, 0-bath, 1,866 sqft multi-family home built in 1927.

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 Main Key Realty LLC

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.