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3537 Minnesota Avenue, Saint Louis, MO 63118

Saint Louis
Local realty services provided by:CENTURY 21 Broughton Team
3537 Minnesota Avenue,St Louis, MO 63118
$249,900
  • - Beds
  • - Baths
  • 2,104 sq. ft.
  • Multi-family
  • Active
Listed by: yuliana erazo hidalgo
Office: real broker llc.
MLS#:26064670
Source:MO_MARIS

Price summary

  • Price:$249,900
  • Price per sq. ft.:$118.77

About this home

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...

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Home facts

  • Year built:1923
  • Subdivision & Development:Murris Add
  • Listing ID #:26064670
  • Added:11 day(s) ago
  • Updated:October 24, 2026 at 03:29 PM

Rooms and interior

  • Basement Description:Full, Unfinished, Walk-Out Access, Walk-Up Access
  • Living area:2,104 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1923
  • Building area:2,104 sq. ft.
  • Lot area:0.1 Acres
  • Architectural Style:Traditional
  • Construction Materials:Brick

Schools

  • High school:Roosevelt High
  • Middle school:Long Middle Community Ed. Center
  • Elementary school:Froebel Elem.

Utilities

  • Water:Public

Finances and disclosures

  • Price:$249,900
  • Price per sq. ft.:$118.77
  • Tax amount:$1,543 (2025)

Parking

  • Garage:Yes
  • Garage spaces:2
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