Listing provided courtesy of Mogul RealtyMLS# 26013980MLS Provider
  • 110 days on site
  • 0 views

Don't miss this opportunity to acquire a fully updated, professionally managed four family property in South City, just two blocks from the Historic Cherokee Street District! The numbers work from day one. Three tenants are already in place with current rents of $635, $650, and $650. A huge upside for investors and owner occupants alike. Rents in this area are pushing $750–$800 per unit, meaning a savvy investor can capture an additional $465–$615 per month in gross income simply by bringing rents to market. For the owner occupant, this is your house hack. One vacant unit is move in ready with a passed occupancy inspection, allowing you to live in one unit while your tenants pay down your mortgage. Few opportunities in this price range offer this level of immediate flexibility. What sets this property apart: All four units updated during seller's ownership. Newer LVP flooring throughout with spacious layouts in every unit. Professionally managed with quality tenants already in place. Many major expenses have already addressed by the seller including tuck pointing, roof repairs, full unit rehabs, and sewer lateral work. Much of the heavy lifting has been done. You're buying stabilized cash flow with a clear path to increased returns. The second floor units feature private bedrooms. The first floor units offer walk through bedroom layouts. The 1st floor vacant unit and left-side basement are available for immediate showings. Occupied units available with accepted contract. **No seller financing** Schedule your showing today!

Source: Missouri - MARIS MLS, MLS#: 26013980

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  • Property Type
    Residential Income
  • Lot
    0.12 acres

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Melanie Jacobs McGraw

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 2835 Miami Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/28/2026Source: Missouri - MARIS MLS Price Reduction
$239,900 -0.0%
6/26/2026Source: Missouri - MARIS MLS Price Increase
$240,000 2.1%
6/26/2026Source: Missouri - MARIS MLS Price Reduction
$235,000 -5.9%
6/10/2026Source: Missouri - MARIS MLS Price Reduction
$249,800 -0.0%
5/28/2026Source: Missouri - MARIS MLS Price Reduction
$249,900 -2.0%
5/14/2026Source: Missouri - MARIS MLS Price Reduction
$254,900 -1.9%
4/15/2026Source: Missouri - MARIS MLS Price Reduction
$259,900 -3.7%
4/2/2026Source: Missouri - MARIS MLS Price Reduction
$269,900 -1.9%
3/23/2026Source: Missouri - MARIS MLS Status Change
Active
3/19/2026Source: Missouri - MARIS MLS Status Change
Coming Soon
3/18/2026Source: Missouri - MARIS MLS Status Change
Active
3/11/2026Source: Missouri - MARIS MLS Added to Database
March 11, 2026
4/29/2025Source: Missouri - MARIS MLS Added to Database
April 29, 2025
4/29/2025Source: Missouri - MARIS MLS Added to Database
April 29, 2025
4/29/2025Source: Missouri - MARIS MLS Added to Database
April 29, 2025
4/29/2025Source: Missouri - MARIS MLS Added to Database
April 29, 2025