$525,000

1007 Allen Avenue, St Louis, MO 63104

2,706 sqft

Multi-Family Home
Built in 1885
2,444sqft lot
—— car garage
$194/sqft
Listed 2 months ago

Property Description

This Soulard 3-family comes with a duplex in the front of the parcel AND a single-family house in the rear of the parcel (3 units, 2 buildings) — giving you two properties for the price of one in one of St. Louis’ most desirable and walkable neighborhoods. The property is fully occupied and currently generates $4,650/month in rental income ($55,800 annually). The front duplex consists of a 1 bed / 1 bath unit currently rented for $1,100/month and a 2 bed / 2 bath unit currently rented for $1,450/month. In the rear of the parcel sits a beautifully updated 2 bed / 1.5 bath single-family home currently leased for $2,100/month. Between the two buildings is a private courtyard/backyard space, creating a unique separation between the properties and a great outdoor area rarely found in city investments. The rear single-family home feels like a true architectural showpiece, featuring high-end finishes and modern design throughout. The flexibility of this property is what makes it so special. An owner-occupant could live in the high-end rear home while the duplex in front produces over $2,500/month in rental income, potentially covering a large portion of the mortgage. Investors could also explore short-term rental potential, with AirDNA projections suggesting over $4,000/month per unit in possible Airbnb income. Located just steps from Duke’s, which offers a free shuttle to Cardinals, Blues, STL City SC games, and major downtown concerts, plus all the restaurants, bars, and nightlife that make Soulard one of the most vibrant neighborhoods in St. Louis. The property is fully occupied, preapproval/ proof of funds required to schedule a tour.

Listing Status:: Active
Date Added:: March 9, 2026
Data Last Updated:: May 22, 2026 at 2:16PM
Listing Office:: The Agency : 314-677-1477
MLS ID:: 26013276

Appliances: Gas Water Heater
A/C: Central AirElectric
Heating: Forced AirNatural Gas

Style: Other

General: BrickOther

HOA Amenities: 0.0
Originating MLS: maris2
School District: St. Louis City
County: St Louis City

Zoning: 0667-00-0170-0

Water: Public

Source: maris2

This listing courtesy of The Agency

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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