Sold
Last Sold Price
5 beds4,868 sqft

3129 Morgan Ford Rd, St. Louis, MO 63116

Multi FamilyProperty Type
0.13 acresLot Size
1906Year Built
$113/sq ftPrice per sq ft

Description

Mixed-Use property in the heart of Tower Grove's Main Street, steps away from Tower Grove Park! This beautiful brick building offers a PRIME LOCATION with three residential units and one commercial space. Each residential unit features UPDATED KITCHENS & BATHS, and IN-UNIT LAUNDRY. Two-Bed units LEASED AT $1,445 per month. The commercial space boasts a PREMIERE CORNER LOCATION, presenting an excellent opportunity for the next tenant to join the vibrant mix of shops, bars, and restaurants along Morganford....Mixed-Use property in the heart of Tower Grove's Main Street, steps away from Tower Grove Park! This beautiful brick building offers a PRIME LOCATION with three residential units and one commercial space. Each residential unit features UPDATED KITCHENS & BATHS, and IN-UNIT LAUNDRY. Two-Bed units LEASED AT $1,445 per month. The commercial space boasts a PREMIERE CORNER LOCATION, presenting an excellent opportunity for the next tenant to join the vibrant mix of shops, bars, and restaurants along Morganford. The possibilities are endless for this space, and its LARGE LEVEL LOT offers tremendous potential for outdoor amenities or designated parking. This property has been WELL-MAINTAINED with many updates including a NEW TPO ROOF (2022), PVC STACKS & SEWER LATERAL, UPDATED ELECTRIC, CENTRAL AC, and much more! Sold as-is. Owner is a licensed Missouri Broker. Don’t miss out on this rare opportunity to own a prime multi-use property in one of Tower Grove’s most sought-after locations.
  • Listed by: Leslie Johnson 314.378.7824 ljschwab@gmail.com • Newcastle Real Estate LLC
Listing closed: 08/10/2023 12:00 AM • Source: MARIS, MLS#: 23037270
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Recent comparable sales

Median sold price

$425,000

Avg days on market

36

Sale-to-list ratio

99.6%

St. Louis, MO

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Location

Listing Courtesy of Newcastle Real Estate LLC

Sold By Lou Realty Group

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$3,316 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,936

Property Taxes

$380

HOA Dues

$0

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Property Information for 3129 Morgan Ford Road

Property Details

Building Information

  • Year Built: 1906
  • Lot Size: 0.13 AC / 5,663 SF

Summary

Location and General Information
  • City: St Louis
  • County Or Parish: St Louis City
  • Directions: Heading 40E, exit onto Kingshighway, turn right. Turn left onto Arsenal, then turn right onto Morganford Rd.
  • Latitude: 38.60347
  • Longitude: -90.26164
  • Neighborhood: Tower Grove South
  • Postal Code: 63116
  • State Or Province: MO
  • Sub division Name: Tower Grove South
Taxes and HOA Information
  • List AOR: St. Louis Association of REALTORS
  • Association Fee: $.00
  • Association Fee Frequency: None
  • Parcel Number: 5055-00-0120-7
  • Tax Annual Amount: $4,560.00
  • Tax Legal Description: C. B. 5055 MORGANFORD RD, 48 FT X 125 FT, SCULLINS ADDN, LOT N1
  • Tax Year: 2022
Owner
  • Township: St. Louis City
Parking
  • Attached Garage: No
  • Parking Features: On Street
  • Driveway: None
School Information
  • Elementary School: Mann Elem.
  • High School: Roosevelt High
  • High School District: St. Louis City
  • Middle Or Junior School: Fanning Middle Community Ed.

Property

Lot Information
  • Lot Size Acres: 0.13
  • Lot Size Dimensions: 48 FT X 125 FT
  • Lot Size Source: County Records
  • Lot Size Square Feet: 5663.0
  • Property Sub Type: Multi-Family 2-4
  • Property Type: Residential Income
Property and Assessments
  • Above Grade Finished Area: 4868.0
  • Above Grade Finished Area Source: Public Records
  • Documents Count: 4
  • Building Desc: Flat/Shotgun/Ext Ent
  • Photos Count: 52
  • Videos Count: 0
  • Year Built: 1906
  • Disclosures: Unknown, Sellers Discl. Avail
  • Age: 117
  • Construction Materials: Brick
  • Ownership Type: Private
  • BuyerFinancing: Cash
Utilities
  • Sewer: Public Sewer
  • Water Source: Public

Interior and Exterior Features

Interior Features
  • Appliances: Some Dishwasher(s), Some Microwave(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke Alarm(s), Washer/Dryer
  • Heat Source: Electric,Gas
  • Cooling: Electric
  • Heating: Forced Air
  • Heating YN: Yes

Multi Family

Multi-Family Information
  • Type of Units: 4-Family
Income & Expenses
  • Miscellaneous: Balcony,Basement,Laundry Facility in
  • Net Operating Income: $44,066.00
  • Operating Expense Includes: Insurance,Water/Sewer,Taxes,Trash,Fixed Expenses,Maintenance Gounds,Maintenance,Manager
  • Total Expenses: 17782.00
Unit 1
  • Unit Full Baths: 1
  • Unit Rooms: 5
  • UnitType Beds Total: 2.0
  • Unit Type Description: Dryer,Family Room,Washer
Unit 2
  • Unit Half Baths: 1
  • Unit Rooms: 3
Unit 3
  • Unit Full Baths: 1
  • Unit Rooms: 5
  • UnitType Beds Total: 2.0
  • Unit Type Description: Dryer,Family Room,Washer
Unit 4
  • Unit Full Baths: 1
  • Unit Rooms: 4
  • UnitType Beds Total: 1.0
  • Unit Type Description: Dryer,Family Room,Washer

Rental

Rent Information
  • Lease Term: Leases
  • Tenant Pays: Electricity, Gas

Property History for 3129 Morgan Ford Road

DateEvent & SourcePriceAppreciation
Aug 10, 2023

Closed

MARIS #23037270

$550,000—
Jul 16, 2023

Pending

MARIS #23037270

—
Jul 5, 2023

Listed (Active)

MARIS #23037270

$575,000—
DateEvent & SourcePrice
08/10/2023

Closed

MARIS #23037270

$550,000
07/16/2023

Pending

MARIS #23037270

—
07/05/2023

Listed (Active)

MARIS #23037270

$575,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

3129 Morgan Ford Road

Baths

1

Total Finished SqFt

4,686 SqFt

Above Grade Finished SqFt

4,686 SqFt

Stories

2

Lot Size

3,180 SqFt

Style

Quadraplex

Schools near 3129 Morgan Ford Road

This home is within St. Louis City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Mann Elementary School
PublicPK to 6

Long Middle Community Ed. Center
Public6 to 8

Roosevelt High School
Public9 to 12

Central Visual/Perf. Arts High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 3129 Morgan Ford Road, St. Louis, MO 63116
$550,000
5
–
4,868
5,663
$329,113
2
2,098
3,250
–
–
1
1,820
3,447
$315,000
–
–
–
3,877
–
–
1.5
2,500
1,625
$187,000
–
1.5
2,288
1,558

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Newcastle Real Estate LLC

Based on information submitted to the MLS GRID as of 08/10/2023 03:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.