Excellent investment opportunity in the heart of Saint Louis City! This well-maintained two-story multifamily property features two separate units, with one unit per floor, offering privacy and strong rental appeal. Each unit includes 2 spacious bedrooms and 1 full bathroom, with functional layouts that tenants appreciate. The building is fully… Read More occupied with long-term tenants, providing immediate and consistent rental income for the new owner. Tenants have established rental history, making this property ideal for investors seeking a stable, turnkey asset with minimal vacancy risk. Current rents are well below market, as the owner has not increased rents for many years, offering strong upside potential with future lease renewals. Property highlights include a detached car garage located at the rear of the property, offering valuable off-street parking, as well as a fully fenced yard, which adds privacy and security. The lot is well-utilized and easy to maintain. Separate entrances enhance tenant convenience and reduce shared common areas. This property is situated near major roads, public transportation, shopping, dining, and local amenities, making it an attractive location for renters. The surrounding neighborhood supports strong rental demand and long-term investment potential. Please note: No showings without an accepted contract. The building is fully occupied, and access will be granted only after contract acceptance to respect tenant privacy. Perfect for investors looking to expand their portfolio with a solid multifamily property in Saint Louis City. Do not miss this opportunity to acquire a cash-flowing asset with long-term upside Read Less
Listing courtesy of Worth Clark Realty, 314-222-0065.
Listing Snapshot
Days Online
7
Last Updated
Property Type
2-4 Units
Square Ft.
2,210
Lot Size
0.11 Acres
Year Built
1900
MLS Number
25082037
Additional Details
Building
Above Grade Finished Area: 2210 Sq.Ft., Above Grade Finished Area Source: Public Records, Architectural Style: "Low/1-2", Construction Materials: "Brick", Living Area: 2210 Sq. Ft., Number Of Units Total: 2, Year Built: 1900
Community
Neighborhood: Carondelet
Cooling
Cooling: "Central Air"
Disclosures
Disclosures: "Occupancy Permit Required"
Fence
Fencing: "Back Yard"
Garage
1 garage space, Garage Included
Heating
Heating: "Forced Air"
Income
Net Operating Income: 17321.32
Lot
Lot Size Acres: 0.1101, Lot Size Source: Public Records, Lot Size Square Feet: 4795.96 Sq.Ft.
Property
Property Sub Type: 2-4 Units
Taxes
Annual Tax Amount: 1956.8, Tax Year: 2025
Utilities
Water Source: "Public"
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