This turn-key, fully furnished, investment offers a rare opportunity to acquire a fully stabilized, high-yield hospitality (airbnb) asset in one of the city's most sought after neighborhoods known as "Southwest Garden Neighborhood". The property was recently rehabbed featuring four separate units meticulously designed with high-end finishes, including quartz/granite countertops, custom cabinetry, stainless steel appliances, tile and spa-inspired bathrooms. Each unit is delivered fully furnished with professional, designer-curated decor, ensuring a seamless transition for the next owner and maintaining the property's reputation for five-star guest experiences. Operating as a high-performance short-term rental, the building generates significantly higher margins than traditional long-term leases, supported by a prime location within walking distance of parks and night life. Because major updates the property offers a low-maintenance, "plug-and-play" solution with virtually no upcoming capital expenditure requirements. This is an ideal acquisition for a 1031 exchange, owner-occupant or any investor looking to secure a luxury four family with immediate, optimized cash flow.
Active
Listed by: Apartment Advisors of America LLC • Michael A Zangara • 314-517-0903
$650,000
4955 Magnolia Ave, Saint Louis, MO 63139
2beds
1baths
3,060sqft
Multi Family, Apartment
Built in 1922
-- sqft lot
$622,700 Zestimate®
$212/sqft
$-- HOA
What's special
Four separate unitsHigh-end finishesStainless steel appliancesTile and spa-inspired bathroomsCustom cabinetry
- 107 days
- 98
- 4
Zillow last checked:
Listing updated:
Listed by:
Michael A Zangara 314-517-0903,
Apartment Advisors of America LLC
Source: MARIS,MLS#: 26024491
Originating MLS: St. Louis Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Features
- Flooring: Hardwood
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 3,060
- Total interior livable area: 3,060 sqft
- Finished area above ground: 3,060
Property
Parking
- Parking features: None
Features
- Levels: Two
Lot
- Size: 8,197 Square Feet
Details
- Parcel number: 40710303200
- Special conditions: Listing As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Apartment Style
- Property subtype: Multi Family, Apartment
Materials
- Brick
- Roof: Flat
Condition
- Year built: 1922
Utilities & green energy
- Water: Community
Community & HOA
Community
- Features: None
- Subdivision: Reber
HOA
- Has HOA: No
Location
- Region: Saint Louis
Financial & listing details
- Price per square foot: $212/sqft
- Tax assessed value: $40,720
- Annual tax amount: $3,362
- Date on market: 4/22/2026
- Cumulative days on market: 108 days
- Listing terms: 1031 Exchange,Cash,Private
Estimated market value
$622,700
$592,000 - $654,000
$1,277/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Listed for sale | $650,000$212/sqft |
Source: | ||
| 7/31/2026 | Pending sale | $650,000$212/sqft |
Source: | ||
| 4/22/2026 | Listed for sale | $650,000$212/sqft |
Source: | ||
| 3/2/2020 | Listing removed | $2,000$1/sqft |
Source: Realty Trust Company LLC #19085718 Report a problem | ||
| 11/25/2019 | Listed for rent | $2,000$1/sqft |
Source: Realty Trust Company LLC #19085718 Report a problem | ||
| 4/24/2018 | Sold | -- |
Source: Public Record Report a problem | ||
| 10/2/2000 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,362 +19.9% | $40,720 +22.8% |
| 2024 | $2,805 +5.1% | $33,170 |
| 2023 | $2,668 +7.5% | $33,170 +11.7% |
| 2022 | $2,482 +0.1% | $29,690 |
| 2021 | $2,479 +5.6% | $29,690 +4.5% |
| 2020 | $2,348 | $28,420 |
| 2019 | $2,348 | $28,420 +9.5% |
| 2018 | $2,348 +6.1% | $25,950 |
| 2017 | $2,213 +25.2% | $25,950 +25.1% |
| 2016 | $1,767 +10.3% | $20,750 +0% |
| 2015 | $1,603 +0.6% | $20,740 |
| 2014 | $1,593 | $20,740 +0.5% |
| 2013 | $1,593 | $20,630 -26.6% |
| 2012 | -- | $28,120 |
| 2011 | -- | $28,120 |
| 2010 | -- | $28,120 -6.9% |
| 2009 | $2,036 +45.8% | $30,210 |
| 2008 | $1,396 | $30,210 +2.9% |
| 2007 | $1,396 | $29,370 |
| 2006 | $1,396 +1% | $29,370 +50.1% |
| 2005 | $1,382 +52.2% | $19,570 +62.4% |
| 2004 | $908 +2.9% | $12,050 |
| 2003 | $882 +3% | $12,050 +5.7% |
| 2002 | $856 | $11,400 |
| 2001 | -- | $11,400 +2.7% |
| 2000 | -- | $11,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Southwest Garden
Nearby schools
Schools provided by the listing agent
- Elementary: Mason Elem.
- Middle: Long Middle Community Ed. Center
- High: Roosevelt High
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








