$249,900

3537 Minnesota Avenue, St Louis, MO 63118

  • 2,104 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1923
  • Property Lot Size Icon4,190sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $119/sqft
  • Property List Date Icon Listed 29 days ago

Property Description

Excellent investment opportunity! This fully leased duplex offers an estimated 9.32% cap rate based on current rental income and 8% Vacancy rate and reported operating expenses. Each unit features 2 bedrooms and 1 full bathroom, with a 2-car garage providing additional convenience. Both units have access to the basement via a rear staircase, where laundry hookups are available for tenant-provided washers and dryers. Notable improvements include separate heating and cooling systems installed in 2016, water heaters replaced in 2026, updated electrical panels, PVC plumbing, and select vinyl replacement windows. Both units are currently occupied, with leases extending through February 2027 and the other unit in a Month to Month term, providing established rental income. Tenants pay their own gas and electricity, while the landlord pays water, sewer and trash. An attractive addition to an investment portfolio with existing tenants, updated mechanical systems, and an established rental history. Schedule your showing today!

Listing Status:
Active
Date Added:
October 15, 2026
Data Last Updated:
November 10, 2026 at 8:18PM
Listing Office:
Real Broker LLC : 573-520-3099
MLS ID:
26064670
  • Basement: FullUnfinishedWalk-Out AccessWalk-Up Access
  • Flooring: HardwoodLaminateTile
  • A/C: Central Air
  • Heating: Forced Air
  • Fireplace: Living RoomFireplaceFireplaces: 2
  • Style: Traditional
  • General: BrickTraditionalStone
  • Originating MLS: maris2
  • School District: St. Louis City
  • County: St Louis City
  • Zoning: 1579-00-0280-0
  • Utilities: Ameren
  • Water: Public
  • Source: maris2
  • Ownership: Private

This listing courtesy of Real Broker LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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