About This Home

This 4-bedroom, 2-bathroom residential multi family at 3537 Minnesota Avenue in Saint Louis, MO is listed for $249,900 ($119 per sqft). Built in 1923, the home offers 2,104 sqft of living space on a 0.10 acres lot.

Key Features

  • Built in 1923
  • 0.10 acre lot
  • Fireplace

Property Details

2 full
2-car garage
1923

Amenities

FireplaceHardwoodA/C
Listing Description

Excellent investment opportunity! This fully leased duplex offers an estimated 9.32% cap rate based on current rental income and 8% Vacancy rate and reported operating expenses. Each unit features 2 bedrooms and 1 full bathroom, with a 2-car garage providing additional convenience.

Both units have access to the basement via a rear staircase, where laundry hookups are available for tenant-provided washers and dryers. Notable improvements include separate heating and cooling systems installed in 2016, water heaters replaced in 2026, updated electrical panels, PVC plumbing, and select vinyl replacement windows.

Both units are currently occupied, with leases extending through February 2027 and the other unit in a Month to Month term, providing established rental income. Tenants pay their own gas and electricity, while the landlord pays water, sewer and trash. An attractive addition to an investment portfolio with existing tenants, updated mechanical systems, and an established rental history. Schedule your showing today!

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

3537 Minnesota Avenue

Saint Louis, MO 63118

Murris Add

Property Details

Flooring

HardwoodTileLaminate

Construction

Brick

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 3537 Minnesota Avenue is listed at $249,900 ($119/sqft). The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1923, 0.10 acre lot, Fireplace.

This property is listed by Yuliana Erazo Hidalgo.

YH

Yuliana Erazo Hidalgo

Agent at Real Broker, LLC

Listed by Real Broker, LLC · Broker phone: (855) 450-0442 · View on Broker Site · Broker website

MLS# 26064670· Source: Mid America Regional Information Systems, Inc.· 2 days on PropertySimple

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3537 Minnesota Avenue, Saint Louis, MO 63118

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