Sold

3939 Gravois Avenue, St Louis, MO 63116

Sqft
1,970

View property features, location on map, relevant school information and overview from seller's agent.

Listed by1 Degree Realty
  • 0
  • 0

Overview

Fantastic value-add investment opportunity in the highly desirable Tower Grove South neighborhood. This duplex offers immediate income with one occupied unit currently rented at $725 per month on a 12-month lease, while the first-floor unit is vacant and in need of minor repairs prior to being rent ready, with a market rent potential of $725+ per month. The property has already seen several important mechanical updates including newer furnaces, a newer hot water tank, PVC waste stack, and vinyl double-pane windows. With many of the major systems already addressed, this property allows an investor to focus their capital on cosmetic improvements to further enhance value and rental income. This is an excellent opportunity for investors seeking a light value-add property in one of South City’s most desirable rental markets.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
1,970
Lot size (acres)
0.09
Year built
1910

Interior features

Basement
Yes, Unfinished

Utilities

Heating
Forced air
Cooling
None
Water
Public

Taxes

Tax Annual Amount (2025)
$1,732

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: MARIS MLS MLS®#: 26015521 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.