$155,000

Estimated payment $856/month

Total Views 8,340
8 Beds
3 Baths
2,692 Sq Ft
$58 Price per Sq Ft

About This Home

Turnkey Duplex – Fully Leased Through 2026 | $24,600 Annual Rental Income | Long-Term Tenants

Rare opportunity to own a cash-flowing duplex in St. Louis with built-in tenant stability. This spacious 2-family property offers 2,692 sq. ft. with 5 bedrooms and 2 bathrooms across both units.

Both units are occupied by long-term tenants (4+ years) who recently renewed for another 12-month lease through May 2026, providing consistent rental income of $24,600 annually ($2,050/month). That’s a reliable 10%+ cap rate from day one, with no vacancy risk.

The property has been updated with fresh paint, flooring, and modern kitchens featuring stainless steel appliances. Additional features include sun porches, basement storage, and a detached garage.

Highlights for Investors:
• Long-term tenants: 4+ years in place
• Fully occupied, leased through 2026
• Gross annual rent: $24,600
• Updated units with modern finishes
• Detached garage + storage
• Projected 10%+ cap rate

This is a true turnkey investment with reliable tenants and steady cash flow. Perfect for investors seeking low-risk rental income in an established neighborhood.

Listing Agent

Ashleigh Bolar

Keller Williams Marquee License #2011030656 Listed on: 07/24/2025

Keller Williams Marquee

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,692 Sq Ft Home
  • 2-Story Property
  • Electric Cooktop

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Ceilings are 8 Feet High

Schools

  • Ashland Elem. And Br. Elementary School
  • Yeatman-Liddell Middle School
  • Vashon High School

Additional Features

  • 5,425 Acre Lot
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 3562-00-0070-0

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1909
  • Directions: GPS
  • Lot Size Acres: 5425
  • Co List Office Phone: 618-307-5616
  • MLS Status: Active
  • Subdivision Name: na
  • Above Grade Finished Sq Ft: 2692
  • Architectural Style: Apartment Style
  • Carport Y N: No
  • Unit Levels: Two
  • New Construction: No
  • MIS_AboveGradeFinishedAreaSrchSqFt: 2692.00
  • MIS_SellerConsiderConcessionYN: 1
  • MIS_PoolYN: 0
  • MIS_UnitCount: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: 8 ft + Pour, Concrete, Unfinished, Walk-Out Access
  • Appliances: Electric Cooktop, Refrigerator
  • Basement YN: Yes
  • Total Bedrooms: 8
  • Fireplace: No

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Disclosures: Occupancy Permit Required, Seller Property Disclosure
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Ashland Elem. and Br.
  • Junior High Dist: St. Louis City
  • High School: Vashon High
  • Middle Or Junior School: Yeatman-Liddell Middle School

Lot Info

  • Parcel Number: 3562-00-0070-0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4020

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Units Leased: 2

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $365 $4,160 $530 $3,630
2024 $348 $4,020 $530 $3,490
2023 $348 $4,020 $530 $3,490
2022 $355 $3,950 $530 $3,420
2021 $354 $3,950 $530 $3,420
2020 $352 $3,950 $530 $3,420
2019 $350 $3,950 $530 $3,420
2018 $357 $3,910 $530 $3,380
2017 $352 $3,910 $530 $3,380
2016 $576 $6,540 $1,010 $5,530
2015 $524 $6,540 $1,010 $5,530
2014 $590 $6,540 $1,010 $5,530
2013 -- $7,410 $1,010 $6,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $155,000 +14.8% $58 / Sq Ft
03/09/2023 03/09/23 Sold -- -- --
03/03/2023 03/03/23 Pending -- -- --
01/07/2023 01/07/23 For Sale $135,000 -- $49 / Sq Ft
Source: MARIS MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Special Warranty Deed $32,500 None Available
Warranty Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $99,375 New Conventional
Previous Owner $69,714 FHA
Source: Public Records

Source: MARIS MLS

MLS Number: MIS25051055

MARIS MLS

APN: 3562-00-0070-0