Leigh Ann Boyles
REALTOR®
BEDS0
BATHS
SQUARE FEET4,480
MLS#26012534
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONAmeiss Sub
SCHOOLSt Louis City
Property Description
This exceptional investment opportunity offers both immediate cash flow and long-term value. Featuring a brand-new roof, the property eliminates one of the largest potential capital expenditures, giving investors peace of mind from day one. The property includes a spacious 3-bedroom, 3-bathroom unit, along with two additional 2-bedroom units, creating a highly desirable unit mix that appeals to a wide range of tenants. This rare configuration in South City supports strong occupancy, long-term tenancy, and consistent rental income. With nearly 4,500 square feet, the property boasts an incredibly low price per square foot-creating a substantial equity cushion compared to replacement cost. Investors will appreciate the scale, efficiency, and upside potential this asset provides. Delivering an impressive 14.5% cap rate, this is a true high-performing asset with tremendous cash flow, ideal for investors looking to grow and scale their portfolio quickly.Don't miss this rare opportunity to secure a high-yield property in a strong rental market!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air
Heating: Forced Air
Home Style: Apartment Style, Other
Lot Size: 0.13 Acres
Roof Type: Flat
Taxes: $1,546
Year Built: 1922
Feature Descriptions
Exterior: Brick
Parcel#: 2572-00-0285-0
Units: 3
Water: Public
Local Schools
High School: Roosevelt High
Middle School: Fanning Middle Community Ed.
Elementary School: Meramec Elem.
School District: St Louis City
Listed By / Shown By
Listed By
Agency Name: EXP Realty, LLC
Shown By
Agent Name: Leigh Ann Boyles
Agent Phone: (314) 346-0744
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 1,822.08 per month $1,607.20 Principal & Interest $128.83 Property Tax $86.04 Homeowner's InsuranceChange Payment Information
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3941 Minnesota Avenue | MLS# 26012534
This multi-family property located at 3941 Minnesota Avenue, Saint Louis, MO 63118 is currently listed for sale with an asking price of $295,000. Minnesota Avenue is located within the St Louis City school district. Search Saint Louis real estate on www.leighannboylesrealtor.com today.