3019 Magnolia Ave, Saint Louis, MO 63118

-- beds3 baths3,584 sqft Edit

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Sold: $114,000
Sold on 03/06/14
Zestimate®: $137,732
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My Notes

Tower Grove East 3 family. Top two units have been converted to a 3 bedroom 2 bath owner's unit or rent out and increase the cash flow. Lots happening in the surrounding area: buildings being rehabbed, City Farm a stone's throw away, community gardens, not to mention how close Tower Grove Park and Grand South Grand are! Large building with nice sized rooms, all new windows, hardwood floors, arched doorways and big sunrooms in the back. Updated electrical panels - 200 amp for upstairs unit, 6 month old rubber roof, individual forced air furnaces, individual washer/dryer hookups in basement. Fenced in backyard. Downstairs units are rented to family members who are willing to stay (and who expect a moderate rent increase.) Rents are $450 and $425. Needs some finishing touches to make it your own, but a great deal for an owner occupant or savvy investor.  More Less 


  • Lot: 5,967 sqft
  • Multi Family
  • Built in 1918
  • Views: 535 all time views
  • Cooling: Other, Wall
  • Heating: Forced air, Other
  • Last sold: Mar 2014 for $114,000
  • Last sale price/sqft: $32


  • Ceiling Fan
  • Parking: On street, 0 space

    Additional Features

    • Basement, Laundry Facl-Private, Storage Room Avail


    • Exterior material: Brick
    • Stories: 2
    • Unit count: 3


    • Floor size: 3,584 sqft
    • Heating: Gas
    • Last remodel year: 1922
    • Lot width: 37
    • Parcel #: 20790003700
    • Zillow Home ID: 2947056

    Zestimate Details

    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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    +$9,085 Last 30 days
    Zestimate range
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    +$16 Last 30 days
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    Popularity on Zillow

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    535 all-time views
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    126 forecasted views of this home
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    Comparable Homes

    Homes like this sold for $113-147K.




    Market guide

    Zillow predicts Tower Grove East home values will increase 8.6% next year, compared to a 2.7% rise for Saint Louis as a whole. Among Tower Grove East homes, this home is valued 9.4% less than the midpoint (median) home, and is valued 64% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Tower Grove East, the number of foreclosures waiting to be sold is 20.1% greater than in Saint Louis, and 298.1% greater than the national average. This higher local number may prevent Tower Grove East home values from rising as quickly as other regions in Saint Louis.

    Learn more about forecast calculations or Tower Grove East home values.
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      Nearby Schools in Saint Louis

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      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

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