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$329,900

  • For Sale
  • Active
  • Single Family
  • 5,560 Sq. Ft.
  • Updated 11 days ago
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LIVE "¢ WORK "¢ INVEST! SELLER FINANCING AVAILABLE - RATES AS LOW AS 6.99% FOR QUALIFIED BUYERS. Unique mixed-use opportunity in historic Tower Grove East. This approximately 5,560 SF two-story brick corner building offers exceptional flexibility for an owner-user, investor or entrepreneur. The substantially updated main level offers approximately 2,780 SF and was formerly operated as a convenience store and deli. Features include high ceilings, distinctive decorative ceilings, updated flooring and restroom, storefront windows, retail fixtures, beverage coolers, service counter and ductless cooling. The approximately 2,780 SF upper level, formerly configured as two residential units, offers an open canvas for redevelopment with newer windows, exposed brick, subfloor improvements and framing underway. Former residential units are not presently configured for occupancy and will require completion and applicable approvals. Explore residential, live/work, rental or other legally permitted possibilities. Convenient access to I-44, I-55, I-64 and downtown St. Louis. Property offered AS-IS, WHERE-IS; seller will make no repairs. Seller financing subject to buyer qualification, down payment, credit profile, transaction structure, Seller approval and definitive financing documents. Buyer to independently verify zoning, permitted uses, occupancy requirements and redevelopment approvals. Also listed Commercial MLS #26054395. Owner/Agent.

Full Property Details for 3124 Magnolia Ave

General

  • Price: $329,900
  • Taxes: $262 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MARIS
  • MLS ID: 26051288
  • Updated: 9/30/2026
  • Added to Site: 49 day(s) ago

Parking

  • Parking Features: Off Street, Parking Pad

Location

  • Area: 2 - Central East
  • County: St Louis City
  • Township: St. Louis City
  • Subdivision: Lynch Add
  • Neighborhood: Tower Grove East
  • Cross Streets: Michigan
  • Driving Directions: South Grand Boulevard to east on Magnolia Avenue. Continue approximately two blocks. Property is on the right before Michigan Avenue.

School Information

  • High School District: St. Louis City
  • Elementary School: Shenandoah Elem.
  • Middle School: Long Middle Community Ed. Center
  • High School: Roosevelt High

Heating & Cooling

  • Cooling Type: Ductless, Electric, Multi Units
  • Heating Type: Natural Gas

Utilities

  • Water: Public
  • Utility Description: Cable Available, Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available

Structural Information

  • Architectural Style: Traditional
  • Basement: Yes
  • Basement Desc.: Poured Cement (8 Feet or More), Unfinished, Walk-Out Access
  • Roof: Flat
  • Square Feet: 5,560
  • Year Built: 1907

Lot Features

  • Lot Size (Acres): 0.038
  • Lot Size (Sq. Ft.): 1,655.28
  • Lot Size Source: Public Records
  • Frontage: Alley, City Street
  • Lot Features: City Lot, Corner Lot, Level

Financial Considerations

  • Tax Amount: $262
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Private
  • Special Conditions: Listing As Is
  • Legal Description: CB 1453 Magnolia 45ft 8 1/2 in /21 Ft 2 in x 128 ft 1 Labadie & Lynch addn block 16 Lots W-75 & 76
  • Disclosures/Reports: Agent Owned, Code Compliance Required, Occupancy Permit Required
  • Property ID: 1453-9-160-0

Listed by Linda Alexander Real Estate LLC

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Listing agent

— 3124 Magnolia Ave —

  • Linda Alexander Real Estate LLC

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 3124 Magnolia Ave

School District:St. Louis City School District
NameGradesDistance
Shenandoah Elementary School
3412 Shenandoah Ave, St. Louis, MO 63104
PK-60.3 mi
Fanning Middle Community Ed.
3417 Grace Ave, St. Louis, MO 63116
6-80.9 mi
Roosevelt High School
3230 Hartford St, St. Louis, MO 63118
9-120.4 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 3124 Magnolia Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/30/2026
Price Reduced
$329,900
-8.34%
MLS
8/27/2026
Listed
$359,900
—
MLS
Get Price Alerts and Save Property
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 for 3124 Magnolia Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$262
—
$2,550
—
2024
$262
2%
$2,550
—
2023
$257
-3%
$2,550
—
2022
$265
—
$2,550
—
2021
$265
-1%
$2,550
—
2018
$269
2%
$2,550
—
2017
$265
-1%
$2,550
—
2016
$268
8%
$2,550
—
2015
$248
49%
$2,550
54%
2014
$167
-36%
$1,660
-35%
2019
$262
57%
$2,550
54%
2013
$167
—
$1,660
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Linda Alexander Real Estate LLC

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3124 Magnolia Avenue, Saint Louis, MO 63118 (MLS# 26051288) is a Single Family property with 0 bedrooms and 0 full bathrooms. 3124 Magnolia Avenue is currently listed for $329,900 and was received on August 27, 2026. Want to learn more about 3124 Magnolia Avenue? 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.

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