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$450,000
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Property Description
Excellent investment opportunity at 1916 Serbian Drive in St. Louis! This well-maintained 4-unit residential building offers immediate rental income with 3 of the 4 units currently occupied, making it an attractive option for both seasoned investors and those looking to expand their rental portfolio. All four units are fully furnished and rent for $1,400 per month per unit, providing a strong income-producing opportunity. The sale includes all furnishings and appliances, allowing a new owner to step into an established, turnkey rental property without the additional expense of furnishing the units. With one unit currently available, a new owner has the potential to increase rental income by leasing the remaining unit, bringing the property to full occupancy. Property Highlights: 4 residential units 3 units currently occupied $1,400/month rent per unit Potential gross rental income of $5,600/month at full occupancy $67,200 potential annual gross rental income All units furnished Appliances included Furnishings included in the sale Turnkey investment opportunity One vacant unit provides immediate upside potential Whether you're looking for a cash-flowing investment or an opportunity to build your rental portfolio, this property offers established rental income, furnished units, and additional upside through full occupancy. Don't miss this opportunity to own an income-producing multifamily property in St. Louis!
Full Property Details
Full Property Details for 1916 Serbian Dr
General
- Price: $450,000
- Taxes: $4,889 (2025)
- Status: Under Contract
- Type: Single Family
- Source: MARIS
- MLS ID: 26053820
- Updated: 10/6/2026
- Added to Site: 15 day(s) ago
Location
- Area: 2 - Central East
- County: St Louis City
- Township: St. Louis City
- Subdivision: Darnell
- Neighborhood: McKinley Heights
School Information
- High School District: St. Louis City
- Elementary School: Sigel Elem. Comm. Ed. Center
- Middle School: Fanning Middle Community Ed.
- High School: Roosevelt High
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air Conditioning, Electric
Structural Information
- Architectural Style: Other
- Square Feet: 3,420
- Year Built: 1924
Lot Features
- Lot Size (Acres): 0.0713
- Lot Size (Sq. Ft.): 3,105.83
Financial Considerations
- Tax Amount: $4,889
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Disclosures/Reports: See Seller's Disclosure
- Property ID: 1340-00-0350-0
Listed by Worth Clark Realty
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Schools
Schools serving 1916 Serbian Dr
School District:St. Louis City School District
| Name | Grades | Distance |
|---|---|---|
Sigel Elementary Community Ed. Center 2050 Allen Ave, St. Louis, MO 63104 | PK-6 | 0.2 mi |
Fanning Middle Community Ed. 3417 Grace Ave, St. Louis, MO 63116 | 6-8 | 1.9 mi |
Roosevelt High School 3230 Hartford St, St. Louis, MO 63118 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1916 Serbian Dr
Date
Details
Price
Change
Source
9/26/2026
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1916 Serbian Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,889
—
$59,380
40%
2024
$4,889
44%
$42,300
—
2023
$3,395
7%
$42,300
11%
2021
$3,175
—
$38,130
—
2022
$3,180
—
$38,130
2%
2021
$3,175
11%
$37,450
12%
2018
$2,855
2%
$33,570
—
2017
$2,806
-9%
$33,570
-10%
2019
$3,085
61%
$37,450
67%
2016
$1,914
10%
$22,490
—
2015
$1,736
1%
$22,490
1%
2014
$1,719
—
$22,290
—
2013
$1,719
—
$22,290
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1916 Serbian Dr
1916 Serbian Drive, Saint Louis, MO 63104 (MLS# 26053820) is a Single Family property with 0 bedrooms and 0 full bathrooms. 1916 Serbian Drive is currently listed for $450,000 and was received on September 26, 2026. Want to learn more about 1916 Serbian Drive? Do you have questions about finding other Single Family real estate for sale in Saint Louis? You can browse all Saint Louis real estate or contact a Coldwell Banker agent to request more information.

