$200,000

3630 Iowa Avenue, St Louis, MO 63118

  • 2,448 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1911
  • Property Lot Size Icon4,317sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $82/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

Rare opportunity to own an updated brick duplex in Gravois Park priced below its recent $220,000 appraisal. Whether you're an investor looking for strong cash flow or a house hacker wanting to offset your mortgage, this property checks all the boxes. Both 2 bed/1 bath units are vacant, giving the next owner the flexibility to place their own tenants at market rents or occupy one unit immediately. Market rents are estimated at $1,200-$1,250 per unit, offering potential gross income of up to $2,500 per month. Major capital improvements were completed approximately 18 months ago, including new HVAC systems for both units (furnaces and central AC) and a newer water heater. Interior updates include LVP flooring, updated kitchens with new cabinetry, countertops, backsplash, stainless steel appliances, updated bathrooms with tile finishes, and modern fixtures throughout. Additional features include rear off-street parking, low-maintenance brick construction, and a convenient South City location close to shopping, restaurants, public transportation, and everyday amenities. With significant mechanical updates already completed and priced below appraised value, this is an excellent opportunity for an owner-occupant or investor looking to add a move-in-ready duplex to their portfolio.

Listing Status:
Active
Date Added:
June 9, 2026
Data Last Updated:
July 5, 2026 at 3:19AM
Listing Office:
DRG - Delhougne Realty Group : 636-238-3830
MLS ID:
26036212
  • A/C: Central Air
  • Heating: Forced Air
  • Style: Other
  • General: BrickOther
  • Originating MLS: maris2
  • School District: St. Louis City
  • County: St Louis City
  • Zoning: 1642-00-0070-0
  • Source: maris2

This listing courtesy of DRG - Delhougne Realty Group

Monthly Payment

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

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby