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1942 Clara Avenue, Saint Louis, MO 63112

Local realty services provided by:CENTURY 21 Broughton Team
1942 Clara Avenue,St Louis, MO 63112
$94,900
  • - Beds
  • - Baths
  • 3,556 sq. ft.
  • Multi-family
  • Active
Listed by: eric schultz
Office: tower real estate group
MLS#:25073377
Source:MO_MARIS

Price summary

  • Price:$94,900
  • Price per sq. ft.:$26.69

About this home

PRICE REDUCTION!!! Don't miss this fully occupied, cash-flowing opportunity in the historic Wells-Goodfellow neighborhood. This one offers an 11% cap rate and a 21% return. Previously a four family, this has been converted to two townhouse style units each containing three bedrooms and two bathrooms. Each unit's main floor contains a living room, dining room, large eat-in kitchen, and a half bath. Upstairs you'll find three additional bedrooms and a full bath. Both tenants are long term and are on annual leases, providing an investor peace of mind. This building brings in $1,500 per month with long term paying tenants- so you're doing much better than the "1% rule". While this one delivers a great return as-is, there is plenty of upside to upgrade the units and get significantly higher rent. Priced to move, so bring us your offer! Showings only with an accepted contract so tenants aren't disturbed. Potential to package with 5892 Highland Ave- another duplex just blocks away. Make an

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Home facts

  • Year built:1915
  • Listing ID #:25073377
  • Added:85 day(s) ago
  • Updated:January 28, 2026 at 05:19 PM

Rooms and interior

  • Living area:3,556 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Forced Air

Structure and exterior

  • Roof:Flat
  • Year built:1915
  • Building area:3,556 sq. ft.
  • Lot area:0.13 Acres

Schools

  • High school:Sumner High
  • Middle school:Langston Middle
  • Elementary school:Ford-Ford Br. Elem. Comm. Ed.

Utilities

  • Water:Public

Finances and disclosures

  • Price:$94,900
  • Price per sq. ft.:$26.69
  • Tax amount:$307 (2024)
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