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Hero Realty, LLC
3941 Minnesota Ave, St Louis, MO 63118
- $275,000
- 4,480
- SqFt
- Sold Price
- $275,000
- List Price
- $295,000
- Closing Date
- Jun 26, 2026
- Days on Market
- 85
- MLS#
- 26012534
- Status
- CLOSED
- Living Sq. Ft
- 4,480
- Lot Size
- 5,688
- Acres
- 0.13
- Year Built
- 1922
- Subdivision
- Ameiss Sub
- Municipality
- St. Louis City
- County
- St Louis City
- Listing Type
- Multifamily
Property Description
This exceptional investment opportunity offers both immediate cash flow and long-term value. Featuring a newer roof, the property eliminates one of the largest potential capital expenditures, giving investors peace of mind from day one. The property includes a spacious 3-bedroom, 3-bathroom unit, along with two additional 2-bedroom units, creating a highly desirable unit mix that appeals to a wide range of tenants. This rare configuration in South City supports strong occupancy, long-term tenancy, and consistent rental income. With nearly 4,500 square feet, the property boasts an incredibly low price per square foot—creating a substantial equity cushion compared to replacement cost. Investors will appreciate the scale, efficiency, and upside potential this asset provides. Delivering an impressive 14.5% cap rate, this is a true high-performing asset with tremendous cash flow, ideal for investors looking to grow and scale their portfolio quickly. Don’t miss this rare opportunity to secure a high-yield property in a strong rental market!
Additional Information
- School District
- St. Louis City
- Elementary School
- Meramec Elem.
- Jr. High School
- Fanning Middle Community Ed.
- Sr. High School
- Roosevelt High
- Cooling
- Ceiling Fan(s), Central Air
- Heating
- Forced Air
- Water
- Public
- Selling Terms
- 1031 Exchange, Cash, Conventional, FHA, Other
Listing courtesy of Jamie Dean. EXP Realty, LLC
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