Properties

Residential Income For Sale

3227 Chippewa Street, St Louis, Missouri 63118

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Property Description

Super well maintained all brick 2-story mixed-use building in the heart of the city. You don’t want to miss out on this excellent opportunity that’s perfect for an Owner/Occupant and/or Investor. You could live on the 2nd floor (in the spacious 2bed 1 bath 1,300sqft unit) & collect the $1,300 a month lease on the Main floor to cover your mortgage. This is also perfect for the savvy Investor that could collect rent from both units ($900/mth2mth & $1,300/main til 12/26) and take advantage of its solid 12.25% cap rate. Please see attached Rental Property Verification. Either way, it’s a Win Win! Have a peace of mind w/ the newer systems throughout & the newly renovated Main floor that includes 2 bathrooms, 2 side rooms, an open floor plan & a kitchen hood system. The building has great bones and plenty of lower level storage. There is enclosed parking/yard out back & an oversized patio side walk on the front & side. Come grow & be a part of the Chippewa Business District & community.

Basic Details
Property Type : Residential Income
Listing ID : 25032718
Price : $189,900
Square Footage : 4,042
Year Built : 1917
Lot Area : 0.08 Acre
Status : Active
Roof : Flat
Features
Heating System : Forced Air, Natural Gas
Cooling System : Central Air, Ceiling Fan(s), Electric
Basement : Storage Space
Fence : Fenced
Patio : Patio
Parking : On Street, Off Street, Additional Parking, Open, Parking Lot, No Driveway
SchoolDistrict : St. Louis City
Taxes Paid : $0
Exterior Features : Lighting
Utilities : Cable Available
Window Features : Insulated Windows
Architectural Style : Other
Appliances
Appliances : Gas Water Heater
Address Map
Mls Area Major : 2 - Central East
Neighborhood
Elementary School : Froebel Elem.
High School : Roosevelt High
High School District : St. Louis City
Middle School : Fanning Middle Community Ed.
Additional Information
Levels : Three Or More
Lot Features : Corner Lot, Near Public Transit, Level
Number Of Units Total : 2
On Market Date : 2025-05-14
Water Source : Public
Construction Materials : Brick, Vinyl Siding
Financial
Tax Annual Amount : 627
Listing Information
List Agent Mls Id : MIABERNA
List Office Mls Id : MORE01
Listing Term : Cash,Conventional
Mls Status : Active
Modification Timestamp : 2025-05-22T16:35:38Z
Originating System Name : MARIS
Special Listing Conditions : Standard
Status Change Timestamp : 2025-05-20T03:48:07Z
Residential Income
  • Listing ID : 25032718
  • Square Footage : 4,042
$189,900
Agent info
1 Degree Realty
8930 Gravois Road
Contact Agent