$295,000

3941 Minnesota Avenue, St Louis, MO 63118

  • 4,480 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1922
  • Property Lot Size Icon5,689sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $66/sqft
  • Property List Date Icon Listed 10 hours ago

Property Description

This exceptional investment opportunity offers both immediate cash flow and long-term value. Featuring a brand-new roof, the property eliminates one of the largest potential capital expenditures, giving investors peace of mind from day one. The property includes a spacious 3-bedroom, 3-bathroom unit, along with two additional 2-bedroom units, creating a highly desirable unit mix that appeals to a wide range of tenants. This rare configuration in South City supports strong occupancy, long-term tenancy, and consistent rental income. With nearly 4,500 square feet, the property boasts an incredibly low price per square foot—creating a substantial equity cushion compared to replacement cost. Investors will appreciate the scale, efficiency, and upside potential this asset provides. Delivering an impressive 14.5% cap rate, this is a true high-performing asset with tremendous cash flow, ideal for investors looking to grow and scale their portfolio quickly. Don’t miss this rare opportunity to secure a high-yield property in a strong rental market!

Listing Status:
Active
Date Added:
April 2, 2026
Data Last Updated:
April 2, 2026 at 7:18AM
Listing Office:
EXP Realty, LLC : 866-224-1761
MLS ID:
26012534
  • A/C: Ceiling Fan(s)Central Air
  • Heating: Forced Air
  • Style: Apartment StyleOther
  • Roofing: Flat
  • General: BrickApartment StyleOther
  • Originating MLS: maris2
  • School District: St. Louis City
  • County: St Louis City
  • Zoning: 2572-00-0285-0
  • Utilities: Electricity ConnectedNatural Gas AvailableAmeren
  • Water: Public
  • Source: maris2

This listing courtesy of EXP Realty, LLC

Monthly Payment

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

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Location

Schools Nearby

F

Froebel Literacy Academy

3709 Nebraska Ave, Saint Louis, MO, 63118

Grades PK-6

0.33 miles away

F

Fanning Middle School

3417 Grace Ave, Saint Louis, MO, 63116

Grades 6-8

0.91 miles away

R

Roosevelt High School

3230 Hartford St, Saint Louis, MO, 63118

Grades 9-12

1.09 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.

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