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3803 Fair Ave, Saint Louis, MO, 63115

1beds
1baths
14,688sqft
$599,900
$41price/sqft
$9,657/moest. monthly cost
$386,280/yrincome needed

About This Home

Incredible value-add opportunity directly across from Fairground Park! This all-brick 12-family apartment building has been positioned for redevelopment, with interior demolition already completed, a new roof installed, and architectural drawings and floor plans available to help bring the project to life. The proposed layout features spacious true one-bedroom, one-bath apartments with four rooms per unit, including a separate dining room and kitchen. Each apartment also features a private balcony overlooking the park and individual furnaces located within the units. With much of the initial groundwork already completed, this property offers an investor or developer the opportunity to take over and transform a substantial multifamily asset with income-producing potential. Bring your vision, your contractor, and your plans to restore this building and unlock its full potential. Schedule your private showing today! Seller financing available.

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

4/10
2/10
1/10
Vashon High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1920

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1

Features

  • Finished area above ground: 14,688

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 14,688
  • Total interior livable area: 14,688 sqft

Property

Details

  • Parcel number: 36010001600
  • Special condition: Listing As Is

Lot

  • Lot size: 6,921 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Tornado
Earthquake
Strong Wind

FEMA Declared Disasters Across Missouri Counties

Flood
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,033$36,396
Home Insurance *$4,989$59,868
Property Taxes $514$6,168
Electricity $1,121$13,459
Total$9,657$115,884
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$331,097/yr
40% on housing$289,710/yr
45% on housing$257,520/yr

Missouri FAIR Plan Programs

Missouri Property Insurance Placement Facility

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,041Commercial: 84
Total Premiums$2.35M
Total Exposure$198.26M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.5%
7.5%
0%30.0%
Electricity Growth Rate10-year average: 2.9%
2.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.9%
1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$41This listing

vs Other Active Listings

Avg $/sqft

ZIP 63115$33
St. Louis City$113

vs Homes Sold Last Month

Median $/sqft

ZIP 63115$23
St. Louis City$146

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-09Listed for sale$599,900
2016-12-29Sold--
2016-12-26Pending sale$124,900
2016-11-28Listed for sale$124,900
2016-09-16Sold--
2016-08-05Price change$65,000
2016-07-28Price change$74,900
2016-07-27Listed for sale$80,000
2016-06-07Pending sale$80,000
2016-04-30Price change$80,000
2016-03-21Listed for sale$100,000
2007-10-05Sold--

For Sale by Agent

AgentAntione T Lawrence
BrokerageAscend Real Estate Advisors

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