Turnkey Duplex – Fully Leased Through 2026 | $24,600 Annual Rental Income | Long-Term Tenants
Rare opportunity to own a cash-flowing duplex in St. Louis with built-in tenant stability. This spacious 2-family property offers 2,692 sq. ft. with 5 bedrooms and 2 bathrooms across both units.
Both units are occupied by long-term tenants (4+ years) who recently renewed for another 12-month lease through May 2026, providing consistent rental income of $24,600 annually ($2,050/month). That’s a reliable 10%+ cap rate from day one, with no vacancy risk.
The property has been updated with fresh paint, flooring, and modern kitchens featuring stainless steel appliances. Additional features include sun porches, basement storage, and a detached garage.
Highlights for Investors:
• Long-term tenants: 4+ years in place
• Fully occupied, leased through 2026
• Gross annual rent: $24,600
• Updated units with modern finishes
• Detached garage + storage
• Projected 10%+ cap rate
This is a true turnkey investment with reliable tenants and steady cash flow. Perfect for investors seeking low-risk rental income in an established neighborhood.