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$ 209,000
Est. payment /mo
New
3630 Iowa AVE St Louis, MO 63118
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 $85
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
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.
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
Listed by Paul Melchior • DRG - Delhougne Realty Group
Nearby School & Business