3125 Clay Avenue, Saint Louis, MO 63115
Local realty services provided by:CENTURY 21 Premiere Realty
3125 Clay Avenue,St Louis, MO 63115
$200,000
- - Beds
- - Baths
- 3,536 sq. ft.
- Multi-family
- Active
Listed by: ivy grant, quenesha catron
Office: st. louis metro, realtors
MLS#:26006712
Source:MO_MARIS
Price summary
- Price:$200,000
- Price per sq. ft.:$56.56
About this home
This triplex presents a solid value-add opportunity in the evolving Greater Ville neighborhood of St. Louis City, offering both in-place income and upside potential. One unit is currently leased, while the 3-bedroom, 1.5-bath townhouse and an additional 2-bedroom, 1-bath unit are vacant, providing flexibility for an owner-occupant or investor.
The occupied 2-bedroom, 1-bath unit is leased on a month-to-month basis at $800 per month, with rents currently below market, offering a clear path to increased income over time. The other 3 bed 2 bath is also occupied at $1350 with a 1 yr lease expiring in May 2027.
Recent improvements include approximately $18,000+ in updates, including plumbing repairs, water heater installation, bathroom updates, and general unit stabilization. Two units feature newer HVAC systems, and the roof is approximately eight years old, helping to reduce near-term capital expenditures.
Based on area rental data, projected rents are approximately $1,200–$1,500 for the 3-bedroom unit and $850–$1,050 for the 2-bedroom units, creating a potential stabilized gross income in the $2,800–$3,200/month range.
The vacant townhouse unit provides an opportunity for owner-occupancy or immediate lease-up to maximize returns.
Conveniently located near Ranken Technical College, the new NGA campus, major highways, and local amenities, this property is well positioned for continued rental demand. Ideal for investors seeking a value-add asset with improvements already completed and strong income potential....
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Home facts
- Year built:1916
- Listing ID #:26006712
- Added:641 day(s) ago
- Updated:June 16, 2026 at 03:15 PM
Rooms and interior
- Basement:Yes
- Basement Description:Block, Unfinished
- Living area:3,536 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1916
- Building area:3,536 sq. ft.
- Lot area:0.11 Acres
- Construction Materials:Brick
- Foundation Description:Block
Schools
- High school:Vashon High
- Middle school:Yeatman-Liddell Middle School
- Elementary school:Farragut Elem.
Finances and disclosures
- Price:$200,000
- Price per sq. ft.:$56.56
- Tax amount:$379 (2023)
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