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  • Listed by: Apartment Advisors of America LLC • Michael A Zangara
    $650,000

    4955 Magnolia Ave, Saint Louis, MO 63139

    2beds
    1baths
    3,060sqft
    : 
    $4,245/mo
    Get pre-qualified
    Multi Family, Apartment
    Built in 1922
    -- sqft lot
    $600,400 Zestimate®
    $212/sqft
    $-- HOA

    What's special

    Four separate unitsHigh-end finishesStainless steel appliancesTile and spa-inspired bathroomsCustom cabinetry
    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.
    93 days
    |
    263
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael A Zangara 314-517-0903,

    Apartment Advisors of America LLC

    Source: MARIS,MLS#: 26024491MLS LogoOriginating 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
      • Listing terms: 1031 Exchange,Cash,Private

        Estimated market value

        $600,400

        $570,000 - $630,000

        $1,170/mo

        Price history

        DateEventPrice
        4/22/2026Listed for sale$650,000$212/sqft
        Source: MARIS #26024491 Report a problem
        3/2/2020Listing removed$2,000$1/sqft
        Source: Realty Trust Company LLC #19085718 Report a problem
        11/25/2019Listed for rent$2,000$1/sqft
        Source: Realty Trust Company LLC #19085718 Report a problem
        4/24/2018Sold--
        Source: Public Record Report a problem
        10/2/2000Sold--
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Southwest Garden

        Getting around

        77 / 100
        Very Walkable
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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