4523 Adelaide Avenue, St Louis, MO 63115

  • $89,900

Description

Welcome to 4523 Adelaide Ave — a solid duplex offering immediate upside with minimal work needed to maximize rental income. The first-floor unit features 2 bedrooms and has already been tastefully updated with upgraded cabinetry, newer countertops, and tile flooring in the kitchen. The bathroom has also been refreshed with a newer shower, updated vanity, and modern tile finishes — making this unit move-in ready for a tenant. The spacious upstairs unit offers 3 bedrooms and is primed for your finishing touches. With only light improvements needed to bring it to rent-ready condition, the opportunity to quickly increase income is clear. Projected rents are strong, with the lower unit estimated at approximately $850/month and the upper unit at $1,100/month — creating excellent cash flow potential once fully leased. The property also features major updates that add peace of mind for investors, including a newer roof and newer furnaces. Central air provides added tenant comfort and desirability. With solid mechanicals already in place and most of the heavy lifting done, this is an ideal opportunity for an investor looking for a near turn-key property with strong income potential. Property is agent owned (not listing agent)

  • Address: 4523 Adelaide Avenue
  • City: St Louis
  • State/county: MO
  • Zip/Postal Code: 63115
  • Area: Plymouth Park Add 02

Details

Updated on February 28, 2026 at 4:01 pm
  • Property ID 26007978
  • Price $89,900
  • Land Area 0.0985 Acres
  • Garage Size x x
  • Year Built 1911
  • Type 2-4 Units, Residential Income
  • Property Status Active

Additional details

  • Listing Terms 1031 Exchange,Cash,Conventional,Private
  • Roof Flat
  • Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
  • Cooling Central Air
  • Heating Forced Air
  • Flooring Hardwood,Tile
  • County St Louis City
  • Property Type Residential Income
  • Elementary School Hickey Elem.
  • Middle School Yeatman-Liddell Middle School
  • High School Vashon High
  • Architectural Style Traditional

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