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4523  Adelaide Avenue

4523 Adelaide Avenue

St Louis, MO 63115

Pending MLS# 26007978 90 days on market

$89,900

$37 / sq ft

2,426

Sq Ft Above Grade

0.098

Acres

About This Home

Welcome to 4523 Adelaide Ave — a solid duplex offering immediate upside with minimal work needed to maximize rental income. The first-floor unit features 2 bedrooms and has already been tastefully updated with upgraded cabinetry, newer countertops, and tile flooring in the kitchen. The bathroom has also been refreshed with a newer shower, updated vanity, and modern tile finishes — making this unit move-in ready for a tenant. The spacious upstairs unit offers 3 bedrooms and is primed for your finishing touches. With only light improvements needed to bring it to rent-ready condition, the opportunity to quickly increase income is clear. Projected rents are strong, with the lower unit estimated at approximately $850/month and the upper unit at $1,100/month — creating excellent cash flow potential once fully leased. The property also features major updates that add peace of mind for investors, including a newer roof and newer furnaces. Central air provides added tenant comfort and desirability. With solid mechanicals already in place and most of the heavy lifting done, this is an ideal opportunity for an investor looking for a near turn-key property with strong income potential. Property is agent owned (not listing agent)

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Property Details

MLS#26007978
StatusPending
Property TypeResidential Income
Property Sub-Type2-4 Units
Year Built1911
LevelsTwo
Sq Ft Above Grade2, 426
Lot Size Acres0.098
SubdivisionPlymouth Park Add 02
BasementFull, Unfinished
HeatingForced Air
CoolingCentral Air
WaterPublic
Annual Taxes$296 (2024)
Elementary SchoolHickey Elem.
Middle SchoolYeatman-Liddell Middle School
High SchoolVashon High

Listing History

Listed: February 12, 2026 (90 days on market)

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Brokered by Tower Real Estate Group Broker Reciprocity MARIS