3630 Iowa Avenue, St Louis MO 63118
$229,000 ()

Renovated 2-Family Investment Opportunity in Gravois Park

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Invest in St. Louis

Excellent opportunity to own an updated, low-maintenance 2-family property in the heart of Gravois Park. Both units are vacant and feature 2 bedrooms and 1 bathroom, making this a great fit for an investor seeking cash flow or a house hacker looking to live in one unit while renting the other. Major mechanical updates were completed approximately 18 months ago, including new HVAC systems for both units with new furnaces and central AC units. One unit also has a new water heater. Both units received cosmetic updates at that time, including LVP flooring throughout, tiled bathroom floors, tiled shower surrounds, updated kitchens with new cabinets, laminate countertops, backsplash, new fixtures, stainless steel appliances, and matte black light fixtures throughout. The property offers gravel parking lot in the rear. Located in South City near transportation, shopping, restaurants, bars, and everyday conveniences, this property sits in a central St. Louis location with strong rental demand. Market rents are estimated around $1,200–$1,250 per month per unit, creating an attractive entry point for someone looking to begin or expand their income-producing real estate portfolio.

Property Location

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Property Details:
Square Footage: 2448 County: St. Louis City Units: 1-4 Condition: Rehabbed Occupancy: Fully Occupied Parking: Off Street Parking Heating: Electric Heat Cooling: Central Air Construction: Brick Basement: N/A
Home Amenities:
Agent Details:
Agent: Matt Guignon Phone: (314) 238-8603 Fax:
Agent: Joey Schenck Phone: (314) 221-1109 Fax:
Contact Agent: Please use the form below to contact agent Matt Guignon Joey Schenck about this listing.

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