3537 Minnesota Avenue, Saint Louis, MO 63118

$249,900
  • 3537 Minnesota Avenue, Saint Louis, MO 63118 Main Photo

52 Photos

New to the Market Active
BEDS0 BATHS SQUARE FEET2,104 MLS#26064670
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMurris Add SCHOOLSt Louis City

Property Description

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!

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.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished, Walk-Out Access, Walk-Up Access
Cooling: Central Air
Garage: 2
Heating: Forced Air
Home Style: Traditional
Lot Size: 0.10 Acres
Taxes: $1,543
Year Built: 1923

Feature Descriptions

Days on Site: 3
Exterior: Brick
Fireplace: Living Room
Parcel#: 1579-00-0280-0
SQFT. Above Grade: 2104
Water: Public

Local Schools

High School: Roosevelt High
Middle School: Long Middle Community Ed. Center
Elementary School: Froebel Elem.
School District: St Louis City

Listed By / Shown By

Listed By

Agency Name: Real Broker LLC

Shown By

Agent Name: Paul Sharp
Agent Phone:
Agency Title: RedKey Realty Leaders

IDX logo

Estimate Your Payment

Estimated Payment

$ 1,562.96 per month $1,361.49 Principal & Interest $128.58 Property Tax $72.89 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

David Ames, Sales Manager, NMLS #738479

Login to My Homefinder