3136 Chippewa Street
St Louis, MO 63118
- – beds
- – baths
- – sqft
- 6,251 sqft lot
- 1909 build
- – on site
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 3-bedroom, 2-bath 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. Whether you're a new investor, a seasoned pro, or a house-hacker looking to offset living expenses with some sweat equity, this property is an excellent opportunity to build long term wealth. Seller Prefers to sell property as-is in current condition.
Last checked:
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Checking…
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Last updated Feb 20, 2025
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MLS# 25008909 —
The Building
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Year Built:1909
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Construction Materials:Brick Veneer
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Above Grade Finished Area:3922
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Above Grade Finished Area Source:Other
Financial & Terms
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Price Per SqFt:65.02
Location
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Directions:GPS
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Latitude:38.587217
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Longitude:-90.237736
The Property
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Parcel Number:1621-00-0160-0
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Property Type:Residential Income
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Property Subtype:Multi-Family 2-4
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Lot Size Acres:0.1435
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Lot Size Dimensions:50x125
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Lot Size SqFt:6251
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Lot Size Source:County Records
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Water Source:Public
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Driveway:None
Listing Agent
- Contact info:
- Agent phone:
- (314) 325-6201
- Office phone:
- (314) 325-6201
Taxes
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Tax Year:2024
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Tax Annual Amount:658
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Tax Legal Description:C. B. 1621 CHIPPEWA ST 50 FT X 125 FT CHIPPEWA HTS ADDN LOTS 28 & 29
The Listing
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Disclosures:Unknown, Flood Plain No, Sellers Discl Not Av
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Special Listing Conditions:None
Heating & Cooling
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Cooling:Electric
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Heating:Forced Air
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Heating:true
Utilities
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Sewer:Public Sewer
Schools
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Elementary School:Froebel Elem.
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Middle Or Junior School:Long Middle Community Ed. Center
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High School:Roosevelt High
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High School District:St. Louis City
The Community
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Subdivision Name:St Louis Commons Add
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Neighborhood:Dutchtown
Parking
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Attached Garage:false
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Parking Features:On Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/20/25
Feb 20, 2025
|
Listed / Active | MARIS | $255,000 | 920.0% (78.0% / YR) |
|
1/29/25
Jan 29, 2025
|
Price Changed | MARIS | ||
|
12/4/24
Dec 4, 2024
|
Price Changed | MARIS |
