High-Value Add Potential
Located in the heart of South St. Louis City, this property presents a rare investment opportunity.
Major Renovations Completed
Most of the heavy lifting is done—investors can add the finishing touches to maximize value.
Rare & Spacious Units
Large 3-bed, 2-bath townhome-style units are in high demand, commanding top market rents.
Built-In Equity & Strong Cash Flow
Priced competitively, offering investors the potential for immediate equity and significant monthly returns.
Strong Sales Comps
Similar townhome units are pending sale at $379,000, while smaller 2-bed, 1-bath duplexes have sold for up to $320,000.
Prime Location
Centrally located near major roads, public transit, shopping, dining, and just 10 minutes from downtown St. Louis—making tenant demand high.
High Rental Potential
Rental projections of up to $1,600/month per unit ensure a low-maintenance, high-yield investment for years to come.
Search the MLS below using the city, postal code, address or listing id of the desired property.
Sought-After Soulard Opportunity:
Two renovated duplexes in St. Louis’ vibrant Soulard neighborhood, surrounded by bars, restaurants, the iconic Soulard Farmers Market, and the renowned Mardi Gras parade. Steps from Goshen Coffee (best in Soulard!), Chavas, and more.
Modernized Units in Historic Charm:
These brick buildings feature renovated units with all new interiors; new stainless steel appliances, new flooring, new in-unit laundry, new cabinets, new countertops, and so on. Three of the four units span two floors, offering flexible and unique layouts. Unit sizes range from 760 to 1,235 square feet, including two 1-bed 1-bath units, one 2-bed 1-bath unit, and one 2-bed, 2-bath unit. All units finished to the same standard with same fixtures, amenities, etc. Extensive exterior work completed as well, including roof, new deck, landscaping, painting, gutters, and more. Both on-street and off-street parking are available, with one unit showcasing a large deck overlooking a large fenced backyard and parking area large enough for ~six cars.
Rental Income & Development Potential:
Two units are currently vacant, one in each duplex. Remaining larger units will be left available for potential owner occupants. Market rents range from $1,145 for the smallest and $1,795 (conservatively) for the largest with a projected income of $6,030/month or $74,160/year once fully rented. Leases are on a great Summer cycle – they end on June 30th, 2024. Additionally, the large lot leaves the possibility of an over garage unit(s) development at the rear/alley of the property.
A Virtual Tour is Available for All Units:
Search the MLS below using the city, postal code, address or listing id of the desired property.
