Missouri
St Louis
4942 Kemper Avenue

$354,900

4942 Kemper Avenue, St Louis, MO 63139

2,760 sqft

Multi-Family Home
Built in 1942
—— sqft lot
—— car garage
$129/sqft
Listed 11 hours ago

Property Description

Excellent investment opportunity in the heart of South City! This solid 4-family at 4942 Kemper Ave (63139) features four 1 bed / 1 bath units, all currently leased—three at $650 and one at $700. Month-to-month leases provide flexibility for rent increases or owner-occupancy. With rents below market, there’s strong value-add potential through light updates. The property qualifies for attractive financing (4.75% interest, 5-year term, 30-year amortization). Prime location near Tower Grove Park, The Hill, South Grand dining, and major highways in a walkable, high-demand rental area. Well-maintained with great bones, offering stability and excellent income growth potential.

Listing Status:: Active
Date Added:: August 28, 2025 at 05:00AM
Listing Office:: Invest St. Louis : 314-325-6201
MLS ID:: 25059368

Basement: 8 ft + PourFull
A/C: Central Air
Heating: Forced Air

This listing courtesy of Invest St. Louis

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Kennard/Classical Jr. Academy

5031 Potomac St, Saint Louis, MO, 63139

Grades PK-5

0.48 miles away

Fanning Middle School

3417 Grace Ave, Saint Louis, MO, 63116

Grades 6-8

1.49 miles away

Roosevelt High School

3230 Hartford St, Saint Louis, MO, 63118

Grades 9-12

1.86 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.