8 Unit Package in 2 separate 4 family buildings, being sold at a 9.5% cap rate. 100% turnkey and generating a NOI of $66k, these buildings have a little something for anyone seeking cashflow! Two 2 bd Units, Six 1 bd units, one of which is furnished. A two car garage and a 2 car parking pad are included behind the spacious fenced yards. Stable tenancy is longer term and mostly are at market rates (one exception is a little low). Tenants have been thoroughly vetted and pay electronically and on time. Five Units have Electronic door locks which minimize key management concerns. Tons of updates 2016-2020 include moderately to nicely updated kitchens and baths, new sewers, one new roof, and a new city water line (4735-4737). Forced Air and Central AC in all units. 4735-37 are nearly identical in finishes with new shaker cabinetry, countertops, tile, flooring, stainless steel appliances. 4731-33 are all updated, more modestly but with full kitchens and 4 peice appliance sets, 2 units have clawfoot tubs (2FL) and 2 have tub/shower combos. Photos for all units linked the downloadable supporting docs. Seller has completed full inspections on both buildings and the units and they are provided in the supplements along with financials.
Agent has a relationship with ownership, and they are ready to buy thier next building! Two Parcels, Seller prefers to sell as a package and close before Christmas. We have connections to DSCR lenders offering 6.5% interest rates on 25 year amortization, as well we can consider conventional loans so long as the income method of appraisal will be utilized.
Seller will not finance, or accept any sort of “creative” offer. Must relinquish property entirely, using 1031 exchange. Please download the OM for details and deeper financial information, additional pictures and video.
Video tour available is of the furnished unit. Some furnishings may have changed slightly. Check OM for link to receipts, inspections, photos of each unit, leases, occupancy certificates and more.INSPECTIONS HAVE BEEN PROVIDED by Seller 10/2025 and are linked in the OM. Some still coming in, and some repairs will be completed. 4735 Sewer has been repaired (small break near city main) 10/23/2025 and both are now in open and servicable condition with no recommended repairs.
Room Features
Basement DescriptionWalk-Up Access, Unfinished
Virtual Tours for 4731-4737 Alaska St Louis, MO
Lot & Building Features
AppliancesBuilt-In Electric Oven, Refrigerator, Dishwasher
ArchitectureTraditional
ConstructionBrick
CoolingCeiling Fan(s), Central Air
HeatingElectric, Forced Air
Parking DescriptionParking Pad, Alley Access, On Street, Additional Parking, Off Street, Garage Door Opener, Garage
Tax Year2024
Taxes Paid$3,478
WaterPublic
Community and Schools
Elementary SchoolWoodward Elem.
Junior High SchoolLong Middle Community Ed. Center
Senior High SchoolRoosevelt High
Price History of 4731-4737 Alaska, St Louis, MO
Date
Name
Price
Difference
12/13/2025
Price Adjustment
$699,900
3.46%
10/03/2025
Price Adjustment
$725,000
6.45%
09/02/2025
Listing Price
$775,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
7827 Town Square Ave., Suite 104 #1107 O'Fallon, MO 63368
Listed by Real Broker LLC, Lynne Hart
Sold by Real Broker LLC, Lynne Hart
$
20%
0.49692813259037%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
4731-4737 Alaska (MLS #25057610) is a 2 story residential income listing located in St Louis, MO.
This is a residential income listing with a lot of 13,068 sqft (or 0.30 acres). This property was listed on 11/06/2025 and has been priced for sale at $699,900.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
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Listing information courtesy of: Real Broker STL
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