Income-producing brick duplex offering immediate cash flow with long-term tenants already in place. Both 1-bedroom, 1-bath units were updated prior to current occupancy with renovated kitchens, bathrooms, flooring, and paint, creating a low-maintenance investment that's easy to add to any portfolio.Current rents are $850 and $920 per month, providing reliable income while still offering future upside. With average rents for comparable 1-bedroom units in the area exceeding current lease rates, investors may find additional value over time as leases naturally turn over.Whether you're expanding an existing portfolio or purchasing your first investment property, this fully occupied duplex offers the combination of consistent rental income, solid brick construction, and strong rental demand that investors look for.Please do not disturb tenants. Showings only after a fully executed contract with walk-through contingency. Property is being sold As Is. Seller will perform no inspections, make no warranties, or provide repairs. Please use the Special Sales Contract. Seller has never occupied the property; no seller's disclosure is available. Photos were taken prior to tenant occupancy and are representative of the units.
| MLS # | 26049592 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1902 |
| Days On Site | 95 |
| Listing Provided By | Invest St. Louis | Joey Schenck |
| SQ Feet | 1,920 |
|---|---|
| Basement | Y |
| Units | 2 |
| Acreage | 0.07 |
| Cooling | Window Unit(s) |
|---|
| Construction Materials | Brick |
|---|
| Property | 1416 |
|---|
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63118 |
| Area | Central East |
| Community Name | Anderson Add |
| School District | Roosevelt High |
| Elementary School | Froebel Elem. |
| High School | Roosevelt High |
| Listing VS Median (in Anderson Add) | |
Price: $172,900 low | high Med: $236,400 sqft: 1,920 low | high Med: 1,968 $ / sqft: $90 low | high Med: $119 On site: 95 low | high Med: 49 | |
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63118 |
| Area | Central East |
| Community Name | Anderson Add |
| School District | Roosevelt High |
| Elementary School | Froebel Elem. |
| High School | Roosevelt High |
| Listing VS Median (in Anderson Add) | |
Price: $172,900 low | high Med: $236,400 sqft: 1,920 low | high Med: 1,968 $ / sqft: $90 low | high Med: $119 On site: 95 low | high Med: 49 | |