4944 Mardel Ave, St. Louis, MO 63109

Sqft
3,400
Garage
Yes

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Listed byEpique Realty
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Overview

Solid 4-Family Opportunity in the Heart of Northampton! Gorgeous well-kept large building with marble entry & stairs. Each of the four apartments offers a spacious, functional layout featuring a living room, a true dining room, kitchen with eat-in area, full bath, a large private bedroom PLUS a charming front balcony! Beautiful refinished hardwood floors add warmth and character, while thoughtful updates throughout the building include newer furnaces, updated plumbing stacks, upgraded electrical panels, and one unit with central air (the remaining units are equipped with window A/C units). An oversized detached brick two-car garage provides an additional income stream, currently rented for $200 per month. Whether you're looking to expand your investment portfolio or searching for the ideal owner-occupant opportunity, this well-maintained four-family delivers. Live in one unit while the rental income helps offset your mortgage, or enjoy immediate cash flow with three of four apartments currently leased to excellent tenants. Located in the heart of Northampton, you'll be within walking distance of neighborhood favorites including The Golden Hoosier, Piper's Tea & Coffee, Bud's Pizza, and the exciting growth and redevelopment happening along Kingshighway. Currently professionally managed, combining classic South City charm, strong rental performance, and a prime location, this turnkey property offers an outstanding opportunity for both investors and owner-occupants alike.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
3,400
Lot size (acres)
0.12
Year built
1927

Interior features

Basement
Yes, Finished
Laundry
In Basement

Garage and parking

Garage parking spaces
2

Utilities

Cooling
Window Units, Central Air, Ceiling Fans

Taxes

Tax Annual Amount (2025)
$4,365

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: MARIS MLS MLS®#: 26044837 Last checked:

Based on information submitted to the MLS GRID as of . 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.