Description
Est. 1927 | 4545 Alice Ave A Legacy Opportunity in St. Louis City - Owned by the same family for 50+ years, this full-brick Craftsman-style two-story is brimming with character, history, and untapped potential. Nearly a century old, the home offers the charm of a bygone erawith a covered front porch perfect for morning coffee and original wood floors just waiting to be uncovered and restored. With 4 spacious bedrooms and the potential to finish the walk-out basement, there's opportunity to expand your overall living space. Whether you're an investor, visionary homeowner, or developer, this property offers multiple paths: renovate and hold as a high-yield rental in a city with a limited supply of 4-bedroom homes; renovate and flip in anticipation of renewed neighborhood development following the recent tornado recovery efforts; or use FHA 203(k) or Freddie Mac Renovation financing to restore and occupy. Property offers strong rental potential in an area poised for revitalizationideal for BRRRR strategy, long-term hold, or profitable resale. Convenient location near Hwy 70 ensures easy access to downtown, local parks, and cultural hotspots. Embrace the pride of homeownership in the City of St. Louiswhere history, community, and opportunity meet. This is more than a houseit's a piece of St. Louis history, ready for its next chapter. Will you be the one to write it? BEFORE/AFTER PICS Highlight current condition of property and ideas to renovate for the visionary investor.
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4BEDS
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0.11ACRES
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1BATHS
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11/2 BATHS
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1,681SQFT
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$29$/SQFT
School Information
Description
Est. 1927 | 4545 Alice Ave A Legacy Opportunity in St. Louis City - Owned by the same family for 50+ years, this full-brick Craftsman-style two-story is brimming with character, history, and untapped potential. Nearly a century old, the home offers the charm of a bygone erawith a covered front porch perfect for morning coffee and original wood floors just waiting to be uncovered and restored. With 4 spacious bedrooms and the potential to finish the walk-out basement, there's opportunity to expand your overall living space. Whether you're an investor, visionary homeowner, or developer, this property offers multiple paths: renovate and hold as a high-yield rental in a city with a limited supply of 4-bedroom homes; renovate and flip in anticipation of renewed neighborhood development following the recent tornado recovery efforts; or use FHA 203(k) or Freddie Mac Renovation financing to restore and occupy. Property offers strong rental potential in an area poised for revitalizationideal for BRRRR strategy, long-term hold, or profitable resale. Convenient location near Hwy 70 ensures easy access to downtown, local parks, and cultural hotspots. Embrace the pride of homeownership in the City of St. Louiswhere history, community, and opportunity meet. This is more than a houseit's a piece of St. Louis history, ready for its next chapter. Will you be the one to write it? BEFORE/AFTER PICS Highlight current condition of property and ideas to renovate for the visionary investor.
Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-07-11T20:39:48.367.
The Becky O'Neill Power Home Selling Team | RE/MAX RESULTS: 314-394-5499
Listing provided courtesy of Elevate Realty, LLC: 314-3800581. Listing information © 2025 Mid America Regional Information Systems, Inc.