Properties

Residential Income For Sale

3939 Gravois Avenue, St Louis, Missouri 63116

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Property Description

Fantastic value-add investment opportunity in the highly desirable Tower Grove South neighborhood. This duplex offers immediate income with one occupied unit currently rented at $725 per month on a 12-month lease, while the first-floor unit is vacant and in need of minor repairs prior to being rent ready, with a market rent potential of $725+ per month. The property has already seen several important mechanical updates including newer furnaces, a newer hot water tank, PVC waste stack, and vinyl double-pane windows. With many of the major systems already addressed, this property allows an investor to focus their capital on cosmetic improvements to further enhance value and rental income. This is an excellent opportunity for investors seeking a light value-add property in one of South City’s most desirable rental markets.

Basic Details
Property Type : Residential Income
Listing ID : 26015521
Price : $115,000
Square Footage : 1,970
Year Built : 1910
Lot Area : 0.09 Acre
Status : Active
Roof : Flat
Features
Heating System : Forced Air
Cooling System : None
Basement : Unfinished
SchoolDistrict : St. Louis City
Taxes Paid : $0
Architectural Style : Traditional, Historic
Address Map
Mls Area Major : 3 - South City
Neighborhood
Elementary School : Oak Hill Elem.
High School : Roosevelt High
High School District : St. Louis City
Middle School : Long Middle Community Ed. Center
Additional Information
Number Of Units Total : 2
On Market Date : 2026-03-17
Water Source : Public
Construction Materials : Brick, Stone
Financial
Tax Annual Amount : 1732
Listing Information
List Agent Mls Id : JOLUZECK
List Office Mls Id : ODGR01
Listing Term : Cash,Conventional
Mls Status : Active
Modification Timestamp : 2026-03-18T16:03:44Z
Originating System Name : MARIS
Special Listing Conditions : Standard
Status Change Timestamp : 2026-03-17T23:43:09Z
Residential Income
  • Listing ID : 26015521
  • Square Footage : 1,970
$115,000
Agent info
1 Degree Realty
8930 Gravois Road St. Louis, MO 63123
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