Date
Details
Price
Change
Source
11/14/2025
Listed
$1,645,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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 $18,745 a month, with a cap rate above 8%, with reasonable proforma numbers appraching 9.8%. Don't miss your opportunity!
Full Property Details
Full Property Details for 3900 Ray Ave
General
- Price: $1,645,000
- Taxes: $12,054 (2025)
- Status: Active
- Type: Single Family
- Source: MARIS
- MLS ID: 25076055
- Updated: 11/14/2025
- Added to Site: 63 day(s) ago
Parking
- Parking Features: Off Street, On Street, Parking Lot
Location
- Area: 3 - South City
- County: St Louis City
- Township: St. Louis City
- Subdivision: Grand Gravois Park
- Neighborhood: Dutchtown
- Cross Streets: Meramec
School Information
- High School District: St. Louis City
- Elementary School: Oak Hill Elem.
- Middle School: Long Middle Community Ed. Center
- High School: Roosevelt High
Heating & Cooling
- Cooling Type: Central Air Conditioning, Electric
- Heating Type: Forced Air, Natural Gas
Utilities
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Historic, Low-Rise (1 or 2 Stories)
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Unfinished, Walk-Out Access
- Square Feet: 18,774
- Year Built: 1929
Lot Features
- Lot Size (Acres): 0.408
- Lot Size (Sq. Ft.): 17,772.48
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $12,054.95
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: C. B. 6148 RAY AVE, 160.54 FT / 202.71 FT X, 105 FT / 75 FT, GRAND GRAVOIS PK ADDN, LOT 13 14
- Disclosures/Reports: Flood Plain No, Lead Paint
- Property ID: 6148-00-0260-1
Listed by St. Louis Real Estate Society
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Listing agents
— 3900 Ray Ave —
St. Louis Real Estate Society
St. Louis Real Estate Society
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 3900 Ray Ave
School District:St. Louis City School District
| Name | Grades | Distance |
|---|---|---|
Oak Hill Elementary School, St. Louis, MO 4300 Morganford Rd, St. Louis, MO 63116 | PK-5 | 0.5 mi |
Long Middle Community Ed. Center 5028 Morganford Rd, St. Louis, MO 63116 | 6-8 | 0.8 mi |
Roosevelt High School 3230 Hartford St, St. Louis, MO 63118 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3900 Ray Ave
Tax History
Tax History for 3900 Ray Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,055
—
$147,250
—
2024
$12,055
3%
$147,250
—
2023
$11,720
-4%
$147,250
—
2022
$12,172
—
$147,250
-21%
2022
$12,172
84%
$186,200
131%
2020
$6,614
—
$80,750
—
2019
$6,591
-3%
$80,750
—
2018
$6,799
2%
$80,750
—
2017
$6,683
-1%
$80,750
—
2016
$6,768
10%
$80,750
—
2015
$6,129
—
$80,750
—
2013
$6,127
—
$80,750
—
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 3900 Ray Ave
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- Single Family
- Closed
- 5Beds
- 5Total Baths
- 4,566Sq. Ft.
Sold by Mary Beth Benes and Teddy Johnlikes
- Single Family
- Closed
- 4Beds
- 5Total Baths
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- Single Family
- Closed
- 4Beds
- 7Total Baths
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Sold by Emily Oliver
- Single Family
- Closed
- 5Beds
- 6Total Baths
- 8,742Sq. Ft.
Sold by Valerie Engel
3900 Ray Avenue, Saint Louis, MO 63116 (MLS# 25076055) is a Single Family property with 0 bedrooms and 0 full bathrooms. 3900 Ray Avenue is currently listed for $1,645,000 and was received on November 14, 2025. Want to learn more about 3900 Ray 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.