3216-18 Iowa Ave, St Louis, MO 63118

Property Description

Perched atop one of the nicest blocks in Benton Park West, this side-by-side duplex presents a fantastic opportunity for investors or owner-occupants seeking strong cash flow in a prime South City location. Each updated 2.5-story unit features 2 bedrooms and 2 bathrooms, with tall ceilings, wood floors, abundant natural light, and stylishly renovated kitchens and baths that blend historic character with modern updates. Recent upgrades include a new roof and windows (2025), new HVAC systems (2024 & 2025), and main floor or second floor laundry in each unit—minimizing near-term maintenance needs for the next owner. Upstairs, spacious bedrooms and flexible 3-story layouts provide versatile living space, with 3rd floors ideal for home offices, hobby rooms, or guest areas. Outdoor amenities include a fenced side yard perfect for privacy or pets, covered 2nd-floor balconies, front and back yards with room for gardening or landscaping, and 1-car parking pads for each unit. Market rents are projected around $1,500 per unit, offering attractive income potential whether fully leased or with one unit owner-occupied. The property has a strong rental history and many capital improvements already completed, making it well suited for investors looking for a low-maintenance addition to their portfolio. Located just steps from Cherokee Street, residents enjoy easy access to neighborhood favorites like Diana’s Bakery, La Vallesana, El Bronco, The Mud House, and Yaquis. It’s also just a couple of blocks to Benton Park and a short bike ride to Soulard or Tower Grove. Owner/Agent. Property has long been used as a rental. Many recent upgrades, but seller prefers to sell as-is.