3537 Minnesota AVE, St Louis, MO 63118
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3537 Minnesota AVE, St Louis, MO 63118
3537 Minnesota AVE, St Louis, MO 63118
3537 Minnesota AVE, St Louis, MO 63118
3537 Minnesota AVE, St Louis, MO 63118
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John Voirol

John Voirol

+1(314) 366-0454
$ 249,900
Est. payment /mo
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3537 Minnesota AVE St Louis, MO 63118

2,104 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 2,104 sqft

Price per Sqft $118

Subdivision Murris Add

MLS Listing ID 26064670

Style Traditional

Year Built 1923

Annual Tax Amount $1,543

Lot Size 4,190 Sqft

Acres 0.0962

Property Sub-Type 2-4 Units

Property Description

Excellent investment opportunity! This fully leased duplex offers an estimated 9.32% cap rate based on current rental income and 8% Vacancy rate and reported operating expenses. Each unit features 2 bedrooms and 1 full bathroom, with a 2-car garage providing additional convenience. Both units have 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 the other unit in a Month to Month term, providing established rental income. Tenants pay their own gas and electricity, while the landlord pays water, sewer and trash. An attractive addition to an investment portfolio with existing tenants, updated mechanical systems, and an established rental history. Schedule your showing today!

Location

State MO

County St Louis City

Area 3 - South City

Rooms

Basement Full, Unfinished, Walk-Out Access, Walk-Up Access

Interior

Heating Forced Air

Cooling Central Air

Flooring Hardwood, Laminate, Tile

Fireplaces Number 2

Fireplaces Type Living Room

Fireplace Y

Exterior

Parking Features true

Garage Spaces 2.0

View Y/N No

Private Pool false

Building

Water Public

Structure Type Brick

Schools

Elementary Schools Froebel Elem.

Middle Schools Long Middle Community Ed. Center

High Schools Roosevelt High

School District St. Louis City

Others

Ownership Private

Acceptable Financing 1031 Exchange, Cash, Conventional, Other

Listing Terms 1031 Exchange, Cash, Conventional, Other

Special Listing Condition Standard

Listed by Yuliana Erazo Hidalgo • Real Broker LLC

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John Voirol
John Voirol

REALTOR®

+1(314) 366-0454

3198 S Grand Blvd, St Louis, MO 63118-1008, USA

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3537 Minnesota AVE