Updated 16 days ago on .
4-plex, Dutchtown — partially occupied, stabilized 11%+ yield — $335,000 —
This is one of 3 renovated St. Louis properties available individually or as a discounted bundle ($755,000 for all three — $57,000 below combined asking, ~7% savings). Full photos, financials, and details on all three:
https://redbeardinvestments-stlportfolio.netlify.app/
4-unit multifamily, 4234 Dewey Ave, Dutchtown neighborhood, St. Louis. Renovated 2024–2025. 2 of 4 units currently occupied at $700/mo, market rate ~$875/unit — strong upside as remaining units lease up.
Asking $335,000. Property taxes ~$2,585/yr, insurance ~$2,367/yr. At stabilization, projected net ~$37,000/yr (≈11.1% yield). Independently appraised (Landfair Corporation, December 2025 — value shared with serious buyers after proof of funds).
Selling direct, no listing agent. Serious inquiries only.