See all 13 photos
13 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$200,000
Est. payment /mo
2,448 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,448 sqft
Price per Sqft $81
Subdivision Quinette Add
MLS Listing ID 26036212
Style Other
Year Built 1911
Annual Tax Amount $1,794
Lot Size 4,316 Sqft
Acres 0.0991
Property Sub-Type 2-4 Units
Property Description
Rare opportunity to own an updated brick duplex in Gravois Park priced below its recent $220,000 appraisal. Whether you're an investor looking for strong cash flow or a house hacker wanting to offset your mortgage, this property checks all the boxes.
Both 2 bed/1 bath units are vacant, giving the next owner the flexibility to place their own tenants at market rents or occupy one unit immediately. Market rents are estimated at $1,200-$1,250 per unit, offering potential gross income of up to $2,500 per month.
Major capital improvements were completed approximately 18 months ago, including new HVAC systems for both units (furnaces and central AC) and a newer water heater. Interior updates include LVP flooring, updated kitchens with new cabinetry, countertops, backsplash, stainless steel appliances, updated bathrooms with tile finishes, and modern fixtures throughout.
Additional features include rear off-street parking, low-maintenance brick construction, and a convenient South City location close to shopping, restaurants, public transportation, and everyday amenities.
With significant mechanical updates already completed and priced below appraised value, this is an excellent opportunity for an owner-occupant or investor looking to add a move-in-ready duplex to their portfolio.
Both 2 bed/1 bath units are vacant, giving the next owner the flexibility to place their own tenants at market rents or occupy one unit immediately. Market rents are estimated at $1,200-$1,250 per unit, offering potential gross income of up to $2,500 per month.
Major capital improvements were completed approximately 18 months ago, including new HVAC systems for both units (furnaces and central AC) and a newer water heater. Interior updates include LVP flooring, updated kitchens with new cabinetry, countertops, backsplash, stainless steel appliances, updated bathrooms with tile finishes, and modern fixtures throughout.
Additional features include rear off-street parking, low-maintenance brick construction, and a convenient South City location close to shopping, restaurants, public transportation, and everyday amenities.
With significant mechanical updates already completed and priced below appraised value, this is an excellent opportunity for an owner-occupant or investor looking to add a move-in-ready duplex to their portfolio.
Location
State MO
County St Louis City
Area 2 - Central East
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Parking Features false
View Y/N No
Building
Structure Type Brick
Schools
Elementary Schools Monroe Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Read Less Info
Listed by Paul Melchior • DRG - Delhougne Realty Group
Nearby School & Business
Get More Information