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3125 Clay Avenue, St Louis City, MO, 63115

This triplex presents a solid value-add opportunity in the evolving Greater Ville neighborhood of St. Louis City, offering both in-place income and upside potential. One unit is currently leased, while the 3-bedroom, 1.5-bath townhouse and an additional 2-bedroom, 1-bath unit are vacant, providing flexibility for an owner-occupant or investor. The occupied 2-bedroom, 1-bath unit is leased on a month-to-month basis at $800 per month, with rents currently below market, offering a clear path to increased income over time. The other 3 bed 2 bath is also occupied at $1350 with a 1 yr lease expiring in May 2027. Recent improvements include approximately $18,000+ in updates, including plumbing repairs, water heater installation, bathroom updates, and general unit stabilization. Two units feature newer HVAC systems, and the roof is approximately eight years old, helping to reduce near-term capital expenditures. Based on area rental data, projected rents are approximately $1,200–$1,500 for the 3-bedroom unit and $850–$1,050 for the 2-bedroom units, creating a potential stabilized gross income in the $2,800–$3,200/month range. The vacant townhouse unit provides an opportunity for owner-occupancy or immediate lease-up to maximize returns. Conveniently located near Ranken Technical College, the new NGA campus, major highways, and local amenities, this property is well positioned for continued rental demand. Ideal for investors seeking a value-add asset with improvements already completed and strong income potential.

Subdivision: Orchard Place Add

List Price

$ 190,000

Status

Active

Days on market

0

MLS#

26006712

Bedrooms

0

Full baths

0

Sq. Ft. Above

3,536

Subdivision

Orchard Place Add

Municipality

St Louis City

School District

St. Louis City

County

St Louis City

Property Type

Residential Income

Style

Other

Type

Residential Income

Additional Information

Property Tax (2023)

$379

Recent Nearby Sales in 63115

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
4724 Kossuth Avenue, St Louis City, MO 63115 3/1 1,284 $48,000 $25,000
52.1% of ask
Aug 31, 2026
5122 Aubert Avenue, St Louis City, MO 63115 2/1 1,020 $85,000 $49,000
57.6% of ask
Aug 28, 2026
5012 N Kingshighway Boulevard, St Louis City, MO 63115 4/3 2,244 $55,000 $50,000
90.9% of ask
Aug 26, 2026
4414 Dryden Avenue, St Louis City, MO 63115 3/1 1,025 $9,999 $5,000
50% of ask
Aug 24, 2026
4703 Labadie Avenue, St Louis City, MO 63115 0/0 2,074 $60,000 $60,000
100% of ask
Aug 20, 2026
4422 Holly Avenue, St Louis City, MO 63115 0/0 2,692 $159,900 $143,000
89.4% of ask
Aug 18, 2026

Price & Listing History

Listed for sale
Feb 6, 2026 at $200,000
Price reduced by $10,000 (5%)
From $200,000 to $190,000
Current status: Active
As of Jul 14, 2026 · $190,000

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