For Sale146d on marketHistoric · 97 yrs
3900 Ray Ave #F320a52c6
Saint Louis, MO, 63116 • Dutchtown • Saint Louis City
$1,645,000
$88/sqft
6Beds
3Baths
18,774Sqft
0.41 acLot
1929Built
Property DNA
Historic,Low/1-2 Style
Built 1929 · 97 years of history
Grand Gravois Park
Dutchtown
This home is getting attention
Listed 146 days ago · 211 views · 7 saves
Market activity
Demand and pricing signals for this listing
211 views
People checking out this listing
7 saves
Buyers have saved this home
146 days on market
Established listing
$88/sqft
Price per square foot
About this home
Multi Family · Built 1929 · Historic
If you've been trying to find a GOOD INVESTMENT opportunity, you'll want to take a closer look at 3900 Ray. With its mix of one, two, and three bedroom apts. (28 units total), along with its on target pricing, the property offers a new owner a realistic chance at earning a decent return. The reasonable rent rates, off-street parking, centralized location, and unit amenities translate into a LOW VACANCY rate year after year. When vacancies do come up, the units are easy to fill even in the slower months. Plus, the property underwent a massive renovation with major updates to the plumbing, electrical, HVAC (central heating & cooling), and windows throughout. MODERN SYSTEMS offer peace of mind for everyone: less maintenance calls for owners and lower utilities bills for tenants. It's been really hard to find a good deal like this one in the current real estate market. Current rent roll at appx $18,765 a month, with a cap rate if 8.07%, with reasonable proforma numbers appraching 9.71%. Don't miss your opportunity!
Standout features identified
Our analysis highlights unit amenities and off-street parking as key attractions of this home.
Estimated monthly payment
Based on current rates
$10,189/month
Principal & Interest$7,996
Property Tax$1,645
Insurance$548
Down payment20% ($329,000)
3%50%
Est. 6.13% rate · 30yr fixed · $1,316,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1929
HeatingElectric, Forced Air
CoolingCentral Air, Electric
ParkingOpen Parking
Days on Zillow146 Days
Price/sqft$88
Property
Home typeMulti Family
Sub-typeMulti Family
StyleHistoric,Low/1-2
Year built1929
Systems
HeatingElectric, Forced Air
CoolingCentral Air, Electric
ConstructionBrick
Water / SewerPublic
Parking & Outdoor
ParkingOff Street, On Street, Parking Lot
BasementFull,Unfinished,Walk-Out Access
Lot0.41 Acres
Location & Tax
NeighborhoodDutchtown
Annual tax$12,054
Parcel61480002601
Features & details
8 categories of property features
Interior Features
Appliances
Electric Range
Refrigerator
Heating
Electric
Forced Air
Cooling
Central Air
Electric
Laundry
Electric Dryer Hookup
Multiple Locations
Washer Hookup
Windows
Insulated Windows
Exterior Features
Parking
Off Street
On Street
Parking Lot
Construction
Brick
Utilities
Electricity Connected
Sewer Connected
Water Connected
Listing insights
Market data and value estimates
StatusFor Sale
Days on market146
Tax rate1.14%
Price/sqft$88
On marketNov 14, 2025
PostedNov 14, 2025
MLS statusActive
MLS updatedMar 24, 2026
Tour days9
Views211
Favorites7
How are the schools in Saint Louis?
3 schools rated nearby
Location
Saint Louis, MO, 63116
Price history
2 events
DateEventPrice$/sqftSource
Nov 14, 2025Listed For Sale$1,645,000$88MARIS
Apr 3, 2025Listed For Rent——Zillow Rentals
Listed For Sale$1,645,000
Nov 14, 2025•$88/sqft•MARIS
Listed For Rent—
Apr 3, 2025•Zillow Rentals
Nearby homes
Neighborhood details
Local context around this listing
Saint Louis, MO • Saint Louis City
Nearby neighborhoods
Bevo MillBoulevard HeightsCarondeletCentral West EndDutchtownLindenwood ParkNorth HamptonSouthamptonSt. Louis HillsTower Grove South
Nearby cities
Saint Louis
Nearby zip codes
63109631106311163112631156311663118631236313763139
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