$115,000

3939 Gravois Avenue, St Louis, MO 63116

1,970 sqft

Multi-Family Home
Built in 1910
3,999sqft lot
—— car garage
$58/sqft
Listed 17 days ago

Property Description

Fantastic value-add investment opportunity in the highly desirable Tower Grove South neighborhood. This duplex offers immediate income with one occupied unit currently rented at $725 per month on a 12-month lease, while the first-floor unit is vacant and in need of minor repairs prior to being rent ready, with a market rent potential of $725+ per month. The property has already seen several important mechanical updates including newer furnaces, a newer hot water tank, PVC waste stack, and vinyl double-pane windows. With many of the major systems already addressed, this property allows an investor to focus their capital on cosmetic improvements to further enhance value and rental income. This is an excellent opportunity for investors seeking a light value-add property in one of South City’s most desirable rental markets.

Listing Status:: Pending
Date Added:: March 17, 2026
Data Last Updated:: April 4, 2026 at 8:18PM
Listing Office:: 1 Degree Realty : 314-300-2020
MLS ID:: 26015521

Basement: Unfinished
A/C: None
Heating: Forced Air

Style: HistoricTraditional

Roofing: Flat
General: BrickStoneHistoricTraditional

Originating MLS: maris2
School District: St. Louis City
County: St Louis City

Zoning: 5013-03-0370-0

Water: Public

Source: maris2

This listing courtesy of 1 Degree Realty

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Oak Hill Elementary School

4300 Morganford Rd, Saint Louis, MO, 63116

Grades PK-5

0.65 miles away

Fanning Middle School

3417 Grace Ave, Saint Louis, MO, 63116

Grades 6-8

0.50 miles away

Roosevelt High School

3230 Hartford St, Saint Louis, MO, 63118

Grades 9-12

1.04 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.