About This Home

This 2-bedroom, 2-bathroom residential multi family at 4028 S Spring Avenue in Saint Louis, MO is listed for $165,000 ($90 per sqft). Built in 1927, the home offers 1,824 sqft of living space on a 0.07 acres lot.

Key Features

  • Built in 1927
  • 0.07 acre lot
  • 2 stories

Property Details

2 stories
2 full
2-car garage
1927

Amenities

HardwoodA/C
Listing Description

INVESTORS & HOUSE HACKERS-THIS ONE IS READY TO GO! Welcome to 4028 S Spring Ave, a nicely updated South City duplex offering an excellent combination of current rental income, an immediately usable second unit, and several important improvements already completed.

Whether you're looking to add a straightforward rental to your portfolio or live in one unit while generating income from the other, this property offers plenty of flexibility. The 1st-floor unit is currently occupied at $850/month, plus an additional $50/month toward water, sewer and trash, providing $900/month in current gross income.

The 2nd-floor unit is vacant, giving a new owner the opportunity to move in, place a new tenant, or establish their own lease terms. The previous tenant also paid $850/month plus the $50 monthly utility contribution. Seller will provide the occupancy permit for the vacant unit.

Recent improvements include a new sewer lateral inside the building, updated kitchens, new LVP flooring in the kitchens and bathrooms, and two new electrical panels. These updates take some of the big-ticket concerns off the table and make this duplex an attractive option for an investor looking for a property that is ready to put to work.

For the investor, the existing tenant provides day-one rental income, while the vacant unit creates an opportunity to establish a new lease and increase overall gross income. For the owner occupant, live in one unit and let the other unit help offset your housing expenses-a classic South City house-hacking opportunity.The building offers the charm

and character buyers expect from a South City duplex while incorporating practical updates that today's tenants and owners appreciate. With one unit already producing income and the other ready for its next occupant, 4028 S Spring is a duplex worth adding to your tour list!

Monthly Cost Estimate

$882/mo

20% down · 6.5% · 30 years

Principal$119
Interest$715
Insurance$48

Estimates only. Actual payments may vary.

Location

4028 S Spring Avenue

Saint Louis, MO 63116

Grand Blvd Park Add

Property Details

Flooring

VinylHardwood

Construction

Brick

Outdoor Features

Deck

Heating

Natural GasForced Air

Cooling

Central AirCeiling Fan(s)

Appliances

Electric OvenRefrigerator

Questions & Answers

This 2-bedroom, 2-bathroom residential multi family at 4028 S Spring Avenue is listed at $165,000 ($90/sqft). The estimated monthly payment is $882 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1927, 0.07 acre lot, 2 stories.

This property is listed by Brian Miller.

BM

Brian Miller

Agent at Mogul Realty

Listed by Mogul Realty · Broker phone: (314) 865-1170 · View on Broker Site · Broker website

MLS# 26062900· Source: Mid America Regional Information Systems, Inc.· 1 day on PropertySimple

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4028 S Spring Avenue, Saint Louis, MO 63116

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