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    3240 Gravois Ave St Louis, MO 63118

    For Sale
    $300,000

    2-4 Units, Apartment Style - St Louis, MO

    Property size:
    3,366 SF
    Lot size:
    0.10 Acres
    Days on Market:
    60
    Last Refresh:
    Dec 11 at 1:06 pm

    Property Features for 3240 Gravois Ave St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    1499-00-0150-0
    Basement Y/N
    1
    Size
    3,366 SF
    Lot size
    0.10 Acres

    Utilities

    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    3
    Building materials
    Brick
    Architectural style
    Other

    EXP Realty, LLC (913) 908-8001 [email protected]

    Listing agent Jody Parrish (866) 224-1761 License #1999099430

    Listing date Oct 13, 2025

    MLS# 25054569 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    St. Louis Multifamily Income Property

    This property features a converted four-unit building now configured as a two-unit building, along with an additional unit located in the rear. Each side of the main building includes four bedrooms and two bathrooms. The main building is fully occupied by Section 8 tenants with leases extending through October 2025 and May 2026. The rear unit contains one bedroom and one bathroom and is currently rented for $500 on a month-to-month basis. The property generates a total gross annual rent of $43,968. The property is being sold in its current as-is condition. The property size is 3,366 square feet and the lot size is 0.1021 acres. The property is located in St. Louis, MO 63118.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.237132
    Latitude
    38.597123

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    FAQs

    What type of property is this?
    Duplex - Two-unit building with additional rear unit in St. Louis.
    Where is this duplex located?
    The property is located at 3240 Gravois Ave St Louis, MO.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - High Gross Annual Rent: $43,968; - Main building 100% Section 8 rented with leases through Oct 2025 and May 2026; - Converted 4-unit to 2-unit building with additional rear unit
    (866) 224-1761
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    3240 Gravois Ave St Louis, MO 63118
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    Louis, MO 63118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3240 Gravois Ave St Louis, MO 63118
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