3537 Minnesota Ave, Saint Louis, MO, 63118
3537 Minnesota Ave, Saint Louis, MO, 63118 - Image 23537 Minnesota Ave, Saint Louis, MO, 63118 - Image 33537 Minnesota Ave, Saint Louis, MO, 63118 - Image 43537 Minnesota Ave, Saint Louis, MO, 63118 - Image 5

3537 Minnesota Ave, Saint Louis, MO, 63118

4 bedrooms · 2 baths · 2,104 sq.ft.

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!

Information

Property typeMulti Family
Size2,104 sq.ft.
Plot size4,190 sqft
Year built1923
Price per sq.ft.USD 119
Last sold2025-10-02
CountySaint Louis City
ZIP code63118
LocationSaint Louis, United States
Parking2 spaces

USD 249,900

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Where it's located

Saint Louis, United States

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