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David Cisler

Cisler & Associates Real Estate Inc.

david@cisler.com +1(618) 781-1745

$ 249,000

Est. payment -/mo

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Pending

3136 Chippewa ST St Louis, MO 63118

3,922 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family 2-4

Listing Status Pending

Purchase Type For Sale

Square Footage 3,922 sqft

Price per Sqft $63

Subdivision St Louis Commons Add

MLS Listing ID 25008909

Construction Status 116

Year Built 1909

Building Age 116

Lot Size 6,251 Sqft

Acres 0.1435

Lot Dimensions 50x125

Property Sub-Type Multi-Family 2-4

Property Description

Prime investment opportunity in the heart of South City! This value-add property offers a chance for investors to step in and complete the finishing touches on an already extensively renovated building. Featuring spacious 3bd, 2ba townhome-style units—highly sought after and commanding top market rents—this property is primed for strong cash flow and equity growth. Priced competitively, investors can capture built-in equity while achieving significant monthly returns Sales comps show a similar duplex pending at $379,000, with smaller 2-bed, 1-bath duplexes selling for up to $320,000. With rental projections up to $1,600/month per unit and a projected DSCR of 1.8, this investment is both low-maintenance and high-yielding. This property is an excellent opportunity to build long term wealth. Seller Prefers to sell property as-is in current condition. Seller may consider financing up to 20% of the purchase price

Location

State MO

County St Louis City

Area South City

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Building

Sewer Public Sewer

Water Public

Structure Type Brick Veneer

Construction Status 116

Schools

Elementary Schools Froebel Elem.

Middle Schools Long Middle Community Ed. Center

High Schools Roosevelt High

School District St. Louis City

Others

Ownership Private

Acceptable Financing Cash Only, Conventional, FHA, Owner May Finance

Listing Terms Cash Only, Conventional, FHA, Owner May Finance

Special Listing Condition None

Listed by Matthew Guignon • Invest St. Louis

David Cisler

Managing Broker / Appraiser | License ID: 471.003145

+1(618) 781-1745

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David Cisler

3136 Chippewa ST St Louis, MO 63118

Key Details

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3136 Chippewa ST