1 Photo

$98,000

4314 Melba Avenue

Kenwood Homesites, St Louis, Missouri, 63121

MLS® 26045006 · Listed by Coldwell Banker Realty - Gundaker

2 bedrooms2 bathrooms950.00 sqftResidential21 days on marketBuilt 1953Lot 5401.44$2,037 taxes (2025)1 garageOther · OtherFull basement

About this property

**Investor opportunity on Melba Ave, St. Louis! This tenant-occupied home generates $965 per month ($11,580 annually), providing immediate rental income from day one. After property taxes and a 10% property-management fee, the property is projected to deliver an approximately 9% net ROI. A solid, income-producing addition to any rental portfolio. ** This home is a 2 bd and 1.5 bath property currently being rented at $965 per month. Please reach out to Co Listing Agent with any questions to take advantage of an income producing property to add to your portfolio. Agents, please allow 12 hours advance notice so the tenants can be contacted and a time agreed to for showings.

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Comparable recent sales

Sold records the MLS® data provider selected as comparable to this home — nearby recent sales at a similar price, bed count, and property type. Locations are shown at the neighborhood level only.

SoldJun 11, 2026

$89,000

Listed at $115,000

Oxford Park Add, St Louis, Missouri

2 bd · 2 ba · 936.00 sqft · Residential

SoldMay 6, 2026

$100,000

Listed at $100,000

J F Chris Piepers, Jennings, Missouri

2 bd · 1 ba · 1074.00 sqft · Residential

SoldJun 16, 2026

$100,000

Listed at $100,000

n/a, Ferguson, Missouri

2 bd · 2 ba · 950.00 sqft · Residential

SoldMay 25, 2026

$102,000

Listed at $98,000

Riverview Terrace Second Add, Riverview, Missouri

2 bd · 1 ba · 1060.00 sqft · Residential

SoldMay 6, 2026

$90,000

Listed at $93,000

Riverview Terrace Add 01, St Louis, Missouri

2 bd · 1 ba · 830.00 sqft · Residential

SoldMay 6, 2026

$95,000

Listed at $89,900

Grenville, St Louis, Missouri

2 bd · 1 ba · 910.00 sqft · Residential

Similar properties

MLS® data for this listing last updated Aug 5, 2026.

Market snapshot

The Kenwood Homesites, St Louis market

Closed sales in Kenwood Homesites, St Louis over the last 12 months.

$76,900

Median sold price

56

Avg. days on market

21

Homes sold

Median sold price by month

Median sold price trend from Aug 2025 ($81,750) to Jun 2026 ($89,900)Aug 2025Jun 2026