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  • Listed by: Linda Alexander Real Estate LLC • Linda Alexander • 314-713-0864
    $359,900

    3124 Magnolia Ave, Saint Louis, MO 63118

    --beds
    --baths
    5,560sqft
    : 
    $2,473/mo
    Get pre-qualified
    Multi Family
    Built in 1907
    -- sqft lot
    $-- Zestimate®
    $65/sqft
    $-- HOA

    What's special

    Select main-level renovationsStorefront windowsUpdated main levelCorner buildingNewer upper-level windows
    MIXED-USE REDEVELOPMENT OPPORTUNITY WITH POTENTIAL SELLER FINANCING. Unique opportunity in historic Tower Grove East. This approximately 5,560-square-foot corner building offers exceptional flexibility for an owner-user, investor, entrepreneur or developer. The updated main level, formerly operated as a convenience store and deli, may accommodate retail, professional services, salon/beauty, food service or other legally permitted uses. The upper level, formerly configured as two residential units, is currently gutted and ready for redevelopment. The former residential units are not presently configured for occupancy and will require redevelopment and applicable governmental approvals. Improvements include newer upper-level windows, storefront windows and select main-level renovations. Convenient access to I-44, I-55, I-64, downtown St. Louis and surrounding neighborhoods. Property is offered AS-IS, WHERE-IS; seller will make no repairs. Seller financing may be available to qualified buyers submitting a full-price offer, subject to underwriting, seller approval and definitive financing documents. Buyer must independently verify zoning, permitted uses, occupancy requirements and redevelopment approvals. Also listed in the Commercial category under MLS #26054395. Owner/Agent
    32 days
    164
    5

    Zillow last checked:

    Listing updated:

    Listed by:

    Linda Alexander 314-713-0864,

    Linda Alexander Real Estate LLC

    Source: MARIS,MLS#: 26051288MLS LogoOriginating MLS: St. Louis Association of REALTORS

      Facts & features

      Interior

      Heating
      • Natural Gas
      Cooling
      • Ductless, Electric, Multi Units
      Features
      • Flooring: Ceramic Tile, Plank
      • Basement: Unfinished,Walk-Out Access
      • Has fireplace: No
      Interior area
      • Total structure area: 5,560
      • Total interior livable area: 5,560 sqft
      • Finished area above ground: 5,560

      Property

      Parking
      • Parking features: Off Street, Parking Pad
      Features
      • Fencing: Partial
      Lot
      • Size: 1,655 Square Feet
      • Features: City Lot, Corner Lot, Level
      Details
      • Parcel number: 145391600
      • Special conditions: Listing As Is

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Multi Family
      Materials
      • Brick, Other
      • Roof: Flat
      Condition
      • Fixer,Updated/Remodeled
      • New construction: No
      • Year built: 1907

      Utilities & green energy

      • Electric: Ameren
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available

      Community & HOA

      Community
      • Subdivision: Lynch Add
      HOA
      • Has HOA: No
      Location
      • Region: Saint Louis

      Financial & listing details

      • Price per square foot: $65/sqft
      • Annual tax amount: $262
      • Date on market: 8/27/2026
      • Listing terms: Conventional,Owner Will Carry,Private Financing Available
      • Ownership: Private
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/27/2026Listed for sale$359,900$65/sqft
        Source: MARIS #26051288 Report a problem

        Public tax history

        Tax history is unavailable.

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Tower Grove East

        Getting around

        80 / 100
        Very Walkable
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Shenandoah 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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