3136 Chippewa Street, St Louis, MO 63118

Pending

$249,000

bedrooms

bathrooms

square feet

3,922

Acreage

0.1435

Open Houses

year built

1909

Full Baths

Half Baths

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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
Subdivision	St Louis Commons Add
County	St Louis City
Elementary School	Froebel Elem.
Middle School	Long Middle Community Ed. Center
High School	Roosevelt High

Driving directions

Open houses

None scheduled.

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MLS number: 25008909

Listing agent: Matthew Guignon #2018041115

Listing broker: Invest St. Louis (314) 255-5117

Last update: Tuesday, April 22 2025 at 2:54 p.m. EDT

Kotohomes National