$149,500

426 Bowen Street, St Louis, MO 63111

1,840 sqft

Multi-Family Home
Built in 1905
2,378sqft lot
—— car garage
$81/sqft
Listed 12 days ago

Property Description

**Excellent Investment Opportunity!** Whether you're looking for a turnkey investment with immediate rental income or an owner-occupancy opportunity, this duplex offers flexibility. Keep both tenants in place and enjoy steady monthly cash flow, or occupy one unit while collecting rental income from the other to help offset your housing expenses. Well-maintained all-brick, two-story duplex featuring two spacious 2-bedroom, 1-bathroom apartments. This income-producing property has been well cared for and includes several major capital improvements, including a **new roof**, **new gutters**, **new sewer lateral line**, and **two new electric water heaters**. The exterior is in **very good condition**, offering excellent curb appeal and requiring little to no immediate exterior maintenance. Each unit features a spacious living room, functional kitchen, full bathroom, and two comfortable bedrooms. A full walk-up basement provides convenient access and includes separate laundry areas for both units. The property is occupied by long-term tenants who would like to remain. The first-floor tenant has been in place for over three years, and the second-floor tenant for over five years. Interior cosmetic updates or TLC could be completed if the units become vacant, providing an opportunity to increase value and rental income. Conveniently located near **Carondelet Park**, with quick access to Interstate 55, close to local shopping, restaurants, and everyday commerce, and just minutes from downtown St. Louis and major sporting venues. A solid addition to any investment portfolio with stable occupancy and future upside.

Listing Status:: Active
Date Added:: July 30, 2026
Data Last Updated:: August 12, 2026 at 2:16AM
Listing Office:: Platinum Realty of St. Louis : 888-220-0988
MLS ID:: 26048130

Basement: OtherUnfinishedWalk-Up Access
A/C: Central Air
Heating: Forced Air

Style: Apartment Style
Parking: Off StreetParking spaces: 0

General: BrickApartment Style

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

Zoning: 2943-00-0010-0

Source: maris2

This listing courtesy of Platinum Realty of St. Louis

Monthly Payment

$Est. Payment

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

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