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$15,000
26049281 MLS ACTIVE UNDER CONTRACT Status
Calling all investors and rehab specialists! If you're looking for a true value-add opportunity at an exceptionally low price, this fire-damaged duplex deserves a look. Formerly configured as two 1-bedroom, 1-bath units with rear kitchens, the second-floor unit featured a private front bedroom, while the first-floor unit included a walkthrough bedroom. This is a full rehabilitation project, offering the chance to reimagine and restore the property to its potential. Located on a quiet one-way street where renovation activity continues to gain momentum, this property offers the chance to create value in a growing pocket of the neighborhood. According to Rentometer, the average rent for a 1-bedroom, 1-bath unit within 0.75 miles is approximately $745, with the 75th percentile at $846. Whether you're looking for your next flip or a long-term addition to your rental portfolio, bring your vision, your contractor, and your imagination to transform this property into a productive investment once again. Sale is as-is, with seller to do no repairs. Utilities will not be turned on for inspections. Cash offers preferred.

535 Fassen St, St Louis

$149,500
26048130 MLS ACTIVE Status
**Excellent Investment Opportunity!** Whether you're looking for a turnkey investment with immediate rental income or an owner-occupancy opportunity, this duplex offers flexibility. Keep both tenants in place and enjoy steady monthly cash flow, or occupy one unit while collecting rental income from the other to help offset your housing expenses. Well-maintained all-brick, two-story duplex featuring two spacious 2-bedroom, 1-bathroom apartments. This income-producing property has been well cared for and includes several major capital improvements, including a **new roof**, **new gutters**, **new sewer lateral line**, and **two new electric water heaters**. The exterior is in **very good condition**, offering excellent curb appeal and requiring little to no immediate exterior maintenance. Each unit features a spacious living room, functional kitchen, full bathroom, and two comfortable bedrooms. A full walk-up basement provides convenient access and includes separate laundry areas for both units. The property is occupied by long-term tenants who would like to remain. The first-floor tenant has been in place for over three years, and the second-floor tenant for over five years. Interior cosmetic updates or TLC could be completed if the units become vacant, providing an opportunity to increase value and rental income. Conveniently located near **Carondelet Park**, with quick access to Interstate 55, close to local shopping, restaurants, and everyday commerce, and just minutes from downtown St. Louis and major sporting venues. A solid addition to any investment portfolio with stable occupancy and future upside.

426 Bowen St, St Louis

$325,000
26019382 MLS ACTIVE Status
4260–62 Michigan Avenue is a fully leased six-unit brick apartment building located in South St. Louis. Situated along a quiet residential corridor, the property offers investors a stabilized asset in an established neighborhood supported by strong rental demand and historically low tenant turnover. The building also carries a secondary address of 3119 Chariton Street. The property consists of six one-bedroom, one-bathroom units, which feature efficient floor plans, hardwood flooring, and an abundance of natural light. Significant capital improvements include new TPO roofing installed in 2022 with a 20-year warranty, positioning the asset for minimal near-term maintenance and capital expenditures. The property is situated near major thoroughfares including South Grand Boulevard, I-55, and I-44, allowing for efficient travel to Downtown St. Louis, regional employment centers, and surrounding neighborhoods. Public transportation is readily accessible, with nearby bus routes providing additional commuting options.

4260 Michigan Ave, St Louis

$149,900
26006350 MLS ACTIVE Status
Investment Opportunity in South City – Fully Remodeled Duplex with Guaranteed Rental Income Turnkey investment opportunity in the heart of South City! This fully remodeled duplex features two (2) spacious 1-bedroom, 1-bath units, both leased through 2027, providing immediate, stable cash flow. Both tenants are supported through YMCA + Section 8 Housing Assistance, offering automatic, reliable rental payments and minimizing vacancy risk. Property highlights include: • ? Fully remodeled – move-in/rent-ready • ? Two 1 Bed / 1 Bath units • ? Both units leased through 2027 • ? Guaranteed rental income through YMCA + Section 8 assistance • ? Detached garage • ? Low-maintenance investment • ? Excellent opportunity for investors seeking long-term, predictable cash flow Whether you're expanding your portfolio or purchasing your first income property, this turnkey duplex offers dependable income with minimal management. Don't miss this exceptional South City investment opportunity! NO SHOWINGS WITHOUT ACCEPTED CONTRACT AND PROOF OF FUNDS!!

411 Fassen St, St Louis