1. Missouri
  2. St Louis
  3. 1016 Tamm Avenue
$589,999

1016 Tamm Avenue, St Louis, MO 63139

  • 2,300 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1905
  • Property Lot Size Icon3,960sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $257/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Don’t miss this rare opportunity to own a fully move-in ready 4-unit property in a highly desirable neighborhood! This well-maintained building features three spacious 2 bed / 1 bath units and one charming 1 bed / 1 bath unit—perfect for steady, reliable income. With strong rental demand in the area, the 2-bedroom units can each cash flow approximately $1,500/month, while the 1-bedroom brings in around $800/month. That’s a potential of $5,300/month in gross rental income—an ideal setup for investors looking to generate immediate and consistent returns. One of the 2-bedroom units is a private standalone unit in the back, offering additional tenant privacy and rental appeal. Whether you're looking to house hack or add a solid performer to your portfolio, this property checks all the boxes: great neighborhood, fully turnkey condition, and real income potential from day one. Opportunities like this don’t last—schedule a showing today and secure your next smart investment!

Listing Status:
Active
Date Added:
May 7, 2025 at 05:00AM
Listing Office:
Keller Williams Realty St. Louis : 314-6776000
MLS ID:
25028921
  • Appliances: Gas Water Heater
  • A/C: Central AirElectric
  • Heating: Forced AirNatural Gas

This listing courtesy of Keller Williams Realty St. Louis

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dewey School-International Studies

815 Ann Ave, Saint Louis, MO, 63104

Grades PK-5

0.54 miles away

C

Compton-Drew Ilc Middle School

5130 Oakland Ave, Saint Louis, MO, 63110

Grades 6-8

1.10 miles away

G

Gateway High School

5101 McRee Ave, Saint Louis, MO, 63110

Grades 9-12

1.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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