$249,900
3537 Minnesota Avenue
St Louis, MO 63118 · MLS#: 26064670
Listing brokerage: Real Broker LLC · 573-520-3099 · Agent: Yuliana Erazo Hidalgo
About this home
Excellent investment opportunity! This fully leased duplex offers an estimated 11.76% cap rate based on current rental income and reported operating expenses. Each unit features 2 bedrooms and 1 full bathroom, with a 2-car garage providing additional convenience. Both units have independent access to the basement via a rear staircase, where laundry hookups are available for tenant-provided washers and dryers. Notable improvements include separate heating and cooling systems installed in 2016, water heaters replaced in 2026, updated electrical panels, PVC plumbing, and select vinyl replacement windows. Both units are currently occupied, with leases extending through February 2027 and August 2027, providing established rental income. Tenants pay their own gas and electricity, while one unit also pays water and sewer. An attractive addition to an investment portfolio with existing tenants, updated mechanical systems, and an established rental history. Schedule your showing today!
Property details
- County
- St Louis City
- Subdivision
- Murris Add
- Lot size
- 0.0962 acres
- Garage spaces
- 2
- Days on market
- 0
- Annual taxes
- $1,543
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Full, Unfinished, Walk-Out Access, Walk-Up Access
- Flooring
- Hardwood, Laminate, Tile
- Fireplaces
- 2
- Style
- Traditional
Schools
- School district
- St. Louis City
- Elementary
- Froebel Elem.
- Middle
- Long Middle Community Ed. Center
- High
- Roosevelt High
Location
Listing courtesy of Real Broker LLC · MLS#: 26064670. Data provided by MARIS MLS; deemed reliable but not guaranteed.
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