Laura Lee
REALTOR®
BEDS0
BATHS
SQUARE FEET2,448
MLS#26027996
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONQuinette Add
SCHOOLSt Louis City
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Central Air
Heating: Forced Air, Natural Gas
Home Style: Traditional
Lot Size: 0.10 Acres
Taxes: $1,794
Year Built: 1911
Feature Descriptions
Days on Site: 3
Exterior: Brick
Parcel#: 1642-00-0070-0
Parking: Off Street, Parking Lot
Parking Notes: Off Street, Parking Lot
SQFT. Above Grade: 2448
Water: Public
Local Schools
High School: Roosevelt High
Middle School: Long Middle Community Ed. Center
Elementary School: Monroe Elem.
School District: St Louis City
Listed By / Shown By
Listed By
Agency Name: Invest St. Louis
Shown By
Agent Name: Laura Lee
Agent Phone: (314) 791-6833
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 1,463.92 per month $1,247.62 Principal & Interest $149.50 Property Tax $66.79 Homeowner's InsuranceChange Payment Information
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3630 Iowa Avenue | MLS# 26027996
This multi-family property located at 3630 Iowa Avenue, Saint Louis, MO 63118 is currently listed for sale with an asking price of $229,000. Iowa Avenue is located within the St Louis City school district. Search Saint Louis real estate on lauralee.redkeystlouis.com today.