Outstanding investment opportunity in the Baden neighborhood. This property was previously used as a Heating and Cooling company office and warehouse. There is a large add on garage that can accommodate up to 6 vehicles. House needs total rehab. Buyer needs to verify schools and square footage. Sold as is with no repairs being done by seller inspections for informational purposes only. Agents should use special sales contract. Poof of funds or pre-approval letter dated within last 30 days to be submitted with all offers and at least $500 for earnest money. Location: City
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$ 25,000
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26016214
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Columbia Add
St Louis City
St Louis City
Commercial Sale
Commercial Sale
$692
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 8814 Riverview Boulevard, St Louis City, MO 63147 | 0/0 | 3,264 | $175,000 | $175,000 100% of ask |
Sep 4, 2026 |
| 8644 Church Road, St Louis City, MO 63147 | 3/1 | 1,440 | $108,000 | $108,000 100% of ask |
Sep 1, 2026 |
| 1001 Wall Street, St Louis City, MO 63147 | 2/1 | 1,014 | $35,000 | $30,000 85.7% of ask |
Aug 20, 2026 |
| 5916 Alpha Avenue, St Louis City, MO 63147 | 3/1 | 1,256 | $81,900 | $81,900 100% of ask |
Aug 19, 2026 |
| 858 Canaan Avenue, St Louis City, MO 63147 | 3/1 | 960 | $82,000 | $60,000 73.2% of ask |
Aug 7, 2026 |
| 748 Ponce Avenue, St Louis City, MO 63147 | 3/2 | 768 | $68,000 | $70,000 102.9% of ask |
Aug 6, 2026 |
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Estimate only. Not a loan offer. Consult a lender for an accurate quote, including HOA fees, PMI, and current rates.
Exceeds the 1% rule! Monthly income of $2,090. Beloved, broker-owned 3-family with a duplex in front and a bonus house in back. All three 1-bedroom units are fully occupied by long-term tenants. Rear house rented for $795 (with Section 8 voucher). First floor duplex unit rented for $700 (Section 8 voucher). Second floor rented for $595. Lots of original and vintage charm. Tuckpointing freshly done. Dry basement. Newer furnaces and newer water heaters. Newer ACs. No differed maintenance. Property includes adjacent vacant lot with boundary survey.
Broker owned. Sold As-IS. Back on market at a reduced price. Seller will not do any repairs nor pay for any inspections. Comps estimated at $150,000 -- $165,000 ARV. City bungalow 3 total bedrooms, (2 up 1 down) 2 baths ( 1 up 1 down) , brick exterior, main floor family room, full walk-out basement, fence yard with a 1 car garage and parking pad. More storage room in attic. Schools are not verified. Must have real estate agent/broker to proceed. Seller disclosure supplement will be made part of contract. No utilities to turn on. No inspections and NO Inspection contingencies.. Buyer to do due diligence prior to submitting an offer. Ask for sellers disclosure/supplement. Must close at sellers title company. See MLS attachment as part of contract offers.
MAJOR PRICE ADJUSTMENTS – MOTIVATED SELLER Two tenant-occupied St. Louis investment properties SIGNIFICANTLY REDUCED and available individually or as a package. 8526 Lowell St – NOW $63,990, reduced from the original $80,000 — a $16,010 price reduction-Currently rented at $1,050/month, generating $12,600 annually, with a gross rent yield of approximately 19.7%. 1039 Wall St, St Louis MO 63147 – NOW $47,990, reduced from the original $60,000 — a $12,010 price reduction-Currently rented at $800/month, generating $9,600 annually, with a gross rent yield of approximately 20.0%. PACKAGE PRICE: $111,980. Combined rental income is $1,850/month or $22,200 annually, representing a gross rent yield of approximately 19.8%. Both properties are tenant occupied, income producing, and sold AS-IS, offering investors an opportunity to add two affordable rental properties to their portfolio. Please allow 24-hour notice for all showings and do not disturb the tenants. Proof of funds or lender pre-approval must accompany all offers. Buyer and buyer’s agent are responsible for verifying all property information, measurements, and other pertinent information.
