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Contract for sale in 63111!

$29,000 • 2 Beds / 1 Baths • 894 SqFt

Available

Offer Submission Deadline

House Type Single Family House
Bedrooms 2
Bathrooms 1
Year Built 1905
Approx.SqFt. 894
Lot size SqFt. 894

Description

🔥 INVESTOR SPECIAL – FULL GUT REHAB 🔥

4328 Nebraska Ave, St. Louis, MO 63111

Price: $29,000

Type: Single Family Home

Size: 894 Sq Ft

Beds/Baths: 2 Bed / 1 Bath

💰 Opportunity Overview

This is a full gut renovation project in South St. Louis with strong upside potential. Property previously experienced fire damage and is now a shell condition, making it ideal for experienced rehabbers looking for a clean slate.

🛠️ Property Condition

Full renovation required (interior taken down to studs/shell)
Prior fire damage (structure remains mostly intact)
No mechanicals – will need full replacement
Likely needs roof evaluation, electrical, plumbing, HVAC, etc.
Sold AS-IS
No access / limited access (confirm before showing if applicable)

📈 Investment Potential

Strong equity spread for seasoned investors
Ideal for:
- Fix & flip
- BRRRR strategy
- Long-term rental

ARV Estimate: ~$115k – $125k (based on nearby renovated comps)

Rent Potential: ~$900 – $1,100/month

⚠️ Important Notes

Property sold as-is, where-is
Buyer to perform all due diligence
Cash or hard money only
Buyer responsible for any cleanout, code violations, or permits

📍 Location Highlights

Located in South St. Louis (63111)
Close to major roads, schools, and public transportation
Strong rental demand in the area

Comps

4338 Oregon Ave 63111 2 BD 1 BA 956 Sqft Active $115,000 ($120/PPSQFT)
3150 Mount Pleasant St 63111 Active $149,000 1 BD 1 BA 754 SqFt ($197/PPSQFT)
4412 Pennsylvania Ave 63111 SOLD 2/26 $163,000 2 BD 2 BA 1,150 SqFt ($141/PPSQFT)
4630 Pennsylvania Ave SOLD 10/25 63111$174,900 4 BD 2 BA 1,439 SqFt ($121/PPSQFT)
3208 N Dakota St 63111 SOLD 7/25 $155,000 3 BD 2 BA 974 SqFt ($159/PPSQFT)
3225 Mount Pleasant St 63111 SOLD 7/25 $110,000 3 BD 1 BA 924 SqFt ($119/PPSQFT)