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!
Listed By
Agency Name: Real Broker LLC
Shown By
Agent Name: Paul Sharp
Agent Phone:
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 1,562.96 per month $1,361.49 Principal & Interest $128.58 Property Tax $72.89 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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3537 Minnesota Avenue | MLS# 26064670
This multi-family property located at 3537 Minnesota Avenue, Saint Louis, MO 63118 is currently listed for sale with an asking price of $249,900. Minnesota Avenue is located within the St Louis City school district. Search Saint Louis real estate on paulsharp.redkeystlouis.com today.