- For Sale $174,900
- Property Type Multi-Family
- Property Size 1,920 SF
- Units 2
- Lot Size 0.07 Acre
- Year Built 1902
- Date Updated Aug 4, 2026
Description
Discover the vibrant potential of Saint Louis, MO, near the property. Embrace the city's rich culture at the nearby Cherokee Street, lined with eclectic shops, galleries, and authentic dining experiences. Enjoy easy access to the historic Anheuser-Busch Brewery and explore the unique charm of the nearby Benton Park. Investors in multifamily or high-rise properties will appreciate the area's dynamic mix of residential and commercial developments, with promising opportunities for growth and community engagement. Immerse yourself in Saint Louis's thriving urban environment, blending modern conveniences with a timeless sense of character and opportunity.Income-producing brick duplex offering immediate cash flow with long-term tenants already in place. Both 1-bedroom, 1-bath units were updated prior to current occupancy with renovated kitchens, bathrooms, flooring, and paint, creating a low-maintenance investment that's easy to add to any portfolio. Current rents are $850 and $920 per month, providing reliable income while still offering future upside. With average rents for comparable 1-bedroom units in the area exceeding current lease rates, investors may find additional value over time as leases naturally turn over. Whether you're expanding an existing portfolio or purchasing your first investment property, this fully occupied duplex offers the combination of consistent rental income, solid brick construction, and strong rental demand that investors look for. Please do not disturb tenants. Showings only after a fully executed contract with walk-through contingency. Property is being sold As Is. Seller will perform no inspections, make no warranties, or provide repairs. Please use the Special Sales Contract. Seller has never occupied the property; no seller's disclosure is available. Photos were taken prior to tenant occupancy and are representative of the units.
Highlights
- Ideal for Any Investor Great addition to an existing portfolio or an excellent first investment property.
- Immediate Cash Flow Fully occupied duplex generating $1,770/month in rental income.
- Low-Maintenance Investment Solid brick construction with modernized interiors for reduced ongoing maintenance.
- Stable Tenant Base Long-term tenants provide reliable, consistent income from day one.
- Strong Rental Demand Current rents of $850 and $920/month are below comparable market rates, offering future rental upside.
- Turnkey Opportunity Income-producing asset requiring minimal immediate improvements.
- Updated Interiors Both 1-bedroom, 1-bath units were renovated prior to current occupancy with updated kitchens, bathrooms, flooring, and fresh paint.
- Value-Add Potential Opportunity to increase rental income as leases naturally turn over.
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Contacts
Joey Schenck
Invest In St. Louis
Location
Located at 3440 Nebraska Ave, Saint Louis, MO 63118, this property is part of the Gravois Park neighborhood and St Louis market.
Contact Listing Broker
Joey Schenck
Invest In St. Louis