Properties

Residential Income For Sale

2628 Oregon Avenue, St Louis, Missouri 63118

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Property Description

Realize the full potential of this rent producing two family property in the fast developing Fox Park Neighborhood. With two reliable long term tenants (both began their leases in ’21), you will have predictable rental revenue until at least June ’26. Beyond the lease terms, you will have the opportunity to unlock even more revenue potential as other 3 bedroom apartments in the area are well above the current rents. Seller is open to a credit for buyer’s rate buy down.

The property has been well maintained with professional management since ’17. During this time, there has been routine & preventive maintenance, along with many updates. The unit renovations are less than 10 years old, and include new bathrms, substantial kitchen work, flooring refinish & install. Each unit has since been refreshed & maintained during turnovers & occupancy. Look forward to lower expenses & strong building performance thanks to the updated & well maintained systems: Newer HVAC with a new system for the 2nd floor in ’19/20; New TPO roof in ’24; New water service line in ’25; Modern electrical service; Substantial spot tuckpointing in ’18 and ’23.

Each unit has 3 bdrms, a nice bathrm, a spacious kitchen, & a large living rm. The upstairs unit has a small bonus rm above the front stairs that tenants value to use as a large closet, home office, kids play room, etc. The basement has laundry hookups. The backyard features a covered deck for each tenant, a fenced in backyard, & a parking pad.

Basic Details
Property Type : Residential Income
Listing ID : 25064325
Price : $339,000
Square Footage : 2,200
Year Built : 1908
Lot Area : 0.07 Acre
Status : Active
Property Sub Type : 2-4 Units
Roof : Rubber
Features
Heating System : Forced Air, Natural Gas
Cooling System : Central Air, Ceiling Fan(s), Electric
Basement : Unfinished, Walk-Out Access
Fence : Fenced, Back Yard, Wood
Fireplace : Living Room
Patio : Deck, Covered, Rear Porch
Parking : Parking Pad
SchoolDistrict : St. Louis City
Taxes Paid : $0
Fireplaces Total : 1
Flooring : Wood, Ceramic Tile
Interior Features : High Ceilings, Historic Millwork, Tub, Ceiling Fan(s), Laminate Counters
Laundry Features : In Basement
Utilities : Cable Available, Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
Architectural Style : Historic
Appliances
Appliances : Refrigerator, Gas Oven, Stainless Steel Appliance(s), Range Hood, Gas Water Heater
Address Map
Directions : Just south of Oregon off of Sidney
Mls Area Major : 2 - Central East
Neighborhood
Elementary School : Sigel Elem. Comm. Ed. Center
High School : Beaumont Cte High School
High School District : St. Louis City
Middle School : Long Middle Community Ed. Center
Additional Information
Electric : 220 Volts,Ameren
Foundation Details : Stone
Levels : Two
Number Of Units Total : 2
On Market Date : 2025-09-20
Previous Price : 359000
Water Source : Public
Construction Materials : Brick, Stone
Financial
Tax Annual Amount : 2548
Listing Information
List Agent Mls Id : WARRPOPP
List Office Mls Id : HRTP01
Listing Term : Conventional
Mls Status : Active
Modification Timestamp : 2025-09-29T19:22:38Z
Originating System Name : MARIS
Special Listing Conditions : Standard
Status Change Timestamp : 2025-09-20T22:21:46Z
Residential Income
  • Listing ID : 25064325
  • Square Footage : 2,200
$339,000
Agent info
1 Degree Realty
8930 Gravois Road
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