Rock Island Realty

Traditional

4523 Adelaide Avenue

St Louis , MO 63115

MLS#: 26007978

$89,900

Status: Pending
Listing number: 26007978
Listing provided by: Tower Real Estate Group
Listing agent phone: None
Last update: 5 days ago
On site: a month ago
Browse Properties
Plymouth Park Add 02 - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1911

Sq.Footage

2,426

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)

Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen, Pantry

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2426.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.0985

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Traditional

Price

  • Sales Price

    $89,900

  • Tax Amount

    $296

  • Sq. Footage

    2, 426

  • Price/SqFt

    $37

HOA

  • Association

    No

School District

  • Elementary School

    Hickey Elem.

  • Middle School

    Yeatman-Liddell Middle School

  • High School

    Vashon High

Property Features

  • Foundation Details

    Stone

  • Ownership

    Private

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

St Louis City

Elementary School

Hickey Elem.

Middle School

Yeatman-Liddell Middle School

High School

Vashon High

Listing Courtesy of Eric Schultz , Tower Real Estate Group

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Colleen Brown

FOUNDER

Colleen Brown

Call Colleen today to schedule a private showing.

(573) 480-8130

colleen@homeatthelake.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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)

4523 Adelaide Avenue

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

This four-family property features one-bedroom, one-bath units and is located in the up-and-coming area of North St. Louis City. With the right updates and improvements, this property offers strong potential to increase value and generate solid cash flow in a growing neighborhood. Perfect for investors looking to cash flow and build long-term wealth in an emerging neighborhood poised for growth.
#26016112

St Louis

4248 N Euclid Avenue

None Beds

None Baths

3,468 Sq.Ft.

$99,500

MLS#: 26016112

This 2,000+ sq ft property offers two spacious units with strong rental potential after updates. The first-floor unit is a large 1-bedroom with separate living and dining areas, oversized closets, and eat-in kitchen. The second-floor unit provides an opportunity to reconfigure into a true 2-bedroom, featuring a living room, dining room, eat-in kitchen, bedroom, and large bonus room. Additional features include a full shared basement and newer rear deck and stairs. With light to moderate rehab, projected rents are: 1st floor: $500–$700 2nd floor: $600–$850 Ideal for investors looking to add value, increase rents, and build equity. Convenient access to Highway 55 enhances tenant appeal.
#26017243

St Louis

4516 Pennsylvania Avenue

None Beds

None Baths

2,140 Sq.Ft.

$90,000

MLS#: 26017243

Fully rented duplex with immediate income potential. Both units are currently occupied on month-to-month leases and each brings in $700 per month, making this a great opportunity for an investor looking to add to their portfolio. This brick property offers strong rental appeal with spacious units, charming historic character, and a large backyard. Convenient location with easy access to major roads, public transportation, and city amenities. Keep both tenants in place for steady cash flow or take advantage of the month-to-month terms for added flexibility. Property to be sold as-is.
#26006408

St Louis

4523 Page Boulevard

None Beds

None Baths

1,654 Sq.Ft.

$100,000

MLS#: 26006408

Duplex Opportunity in St Louis! Two-Family flat with many major updates already completed, including a new roof, new windows, updated plumbing, new ductwork, newer furnaces, and 200-amp electrical panels for each unit. Exterior updates include newer gutters. The downstairs unit features a standalone shower.
#26015452

St Louis

4258 East St Louis Avenue

None Beds

None Baths

2,850 Sq.Ft.

$83,000

MLS#: 26015452

Great value-add opportunity in the Mark Twain area of St. Louis. This 4-family property features four 1-bedroom, 1-bath units and offers strong potential for investors looking for a fixer-upper or renovation project. While the building does need updates, some existing finishes provide a solid starting point for improvements. With the right vision, this property can be transformed into a strong income-producing asset. Ideal for investors seeking a renovation project, rental portfolio addition, or long-term value appreciation in the St. Louis market. Please contact co-listing agent for all questions or requests regarding this listing.
#26013099

St Louis

5071 Ruskin Avenue

None Beds

None Baths

3,400 Sq.Ft.

$99,000

MLS#: 26013099

Location, location, location! Outstanding investment opportunity! 5 MINS FROM DOWNTOWN, shopping centers, SLU and NGA. 16,000 vehicles/day, this building has tremendous potential. 20,000 sqft retail property. Ideal location for your business, including with residential units around the corner. So, you purchase retail space and more. Located in the north Grand close to fox theater. Welcome to your next investment. Located in the St Louis Opportunity Zone for Development Incentives.
#26011932

St Louis

3610 Cass Avenue

None Beds

None Baths

4,544 Sq.Ft.

$100,000

MLS#: 26011932

8 units- all efficiencies. Each unit features a new kitchen and bathroom. New floors, cabinets, tuck pointing and still some supplies in the building. New pack porch stairs put in. Great rental with a lot of the work done for you. Property also comes with an additional lot that is fenced in. Possibilites are endless. The front 4 units are mostly done. The back 4 units need more work but close to being finished. Pictures are good indicators of the back 4.
#26011892

St Louis

4037 Pleasant Street

None Beds

None Baths

N/A

$85,000

MLS#: 26011892

Price reduced
Loaded with potential for the savy investor! The building is boarded up while vacant but the inside is in good shape. Needs cosmetic repairs throughout to start cash flowing again. Includes a 2 car garage!
#26010384

St Louis

5427 S Broadway

None Beds

None Baths

2,066 Sq.Ft.

$85,000

MLS#: 26010384

Maximize your equity and take full control of your ROI with this rare four-unit asset. Designed for the investor who understands the power of forced appreciation, this property offers the ultimate blank canvas. This is a strategic play where every design choice translates directly into increased sweat equity. Managing four units under one roof offers massive logistical advantages over scattered single-family portfolios, providing a streamlined path to operational efficiency. Don't miss this opportunity!!
#26007588

St Louis

4830 Cote Brilliante Avenue

None Beds

None Baths

5,654 Sq.Ft.

$99,900

MLS#: 26007588

Versatile, income-producing opportunity in the heart of the Penrose neighborhood! This unique property offers a rare zoning variance allowing a daycare for up to 18 children on the main level, making it ideal for an owner-operator, entrepreneur, or investor seeking flexible use and strong upside. The upper unit already has a tenant in place, providing immediate rental income—perfect for an investor or a savvy buyer looking to house-hack by living on-site while offsetting expenses. Whether you envision running a daycare below, adding another rental, or creating a live/work setup, the possibilities are exponential. Situated on a quieter one-way street, the home features a fenced-in yard ideal for outdoor play or private enjoyment, plus a garage accessed from the rear alley for convenient off-street parking and storage. The layout and exterior setup support both residential comfort and business functionality. Located in the Penrose neighborhood, this property enjoys close proximity to public transportation, including multiple bus routes, making commuting and accessibility easy for residents, tenants, employees, or daycare families. Outdoor and community amenities are a standout, including Penrose Park, WC Handy Park, and Tink Bradley Playground, all offering green space, play areas, and neighborhood gathering spots. Nearby community gardens add to the strong sense of local connection and provide opportunities for gardening, wellness, and neighborhood engagement. Just minutes away, Fairground Park expands recreational options with lakes, trails, and expansive open green space. The area also benefits from quick access to I-70, I-55, and downtown St. Louis, placing major employment centers, hospitals, and educational institutions within easy reach. Neighborhood conveniences include local schools, community centers, churches, and everyday retail, with additional shopping and dining options a short drive away. Whether you’re an investor seeking steady cash flow, a buyer looking to live affordably while generating income, or someone ready to operate a licensed daycare, 4655 Farlin Avenue delivers flexibility, community connection, and opportunity in a well-established North St. Louis neighborhood.
#26003544

St Louis

4655 Farlin Avenue

None Beds

None Baths

2,074 Sq.Ft.

$100,000

MLS#: 26003544

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service