Secure an income producing asset with deep roots in the Carondelet market. This circa 1870’s two-family residence offers a rare combination of historic character and long-term stability, having been meticulously maintained by the same family for over 100 years. Perched on a hilltop, the property provides unique Mississippi River views and a commanding presence that sets it apart from standard inventory. For the investor looking to scale or solidify a portfolio, the operational setup is turnkey. The property features two 1-bedroom units designed for maximum efficiency. One unit is currently occupied by a month-to-month tenant, ensuring immediate cash flow from day one. The second unit is vacant and move-in ready, allowing for immediate market-rate leasing or a value-add refresh to further drive NOI. This is a clean, well-preserved building that reflects a century of pride in ownership. It offers the structural integrity of a legacy asset with the flexibility to modernize and capture higher rents. To streamline the transaction, the seller prefers an "As-Is" sale on a Special Sales Contract. Capitalize on this rare opportunity to acquire a historic income-producer with an unbeatable vantage point.
0 Bed
0 Bath
1,820 sq.ft
$0 per sq.ft
Historic
$ 127,000
Pending
0
26030667
0
0
1,820
Eiler Add
St Louis City
St. Louis City
St Louis City
Residential Income
Historic
Residential Income
$496
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 4408 Louisiana Avenue, St Louis City, MO 63111 | 3/2 | 1,488 | $160,000 | $160,000 100% of ask |
Sep 10, 2026 |
| 6626 Alabama Avenue, St Louis City, MO 63111 | 4/1 | 1,312 | $135,000 | $130,000 96.3% of ask |
Sep 8, 2026 |
| 7118 Vermont Avenue, St Louis City, MO 63111 | 1/1 | 1,501 | $49,900 | $42,000 84.2% of ask |
Sep 8, 2026 |
| 5518 Idaho Avenue, St Louis City, MO 63111 | 3/2 | 2,024 | $69,000 | $55,000 79.7% of ask |
Sep 4, 2026 |
| 3114 Mount Pleasant Street, St Louis City, MO 63111 | 0/0 | 4,140 | $199,999 | $195,900 98% of ask |
Sep 4, 2026 |
| 6429 Idaho Avenue, St Louis City, MO 63111 | 3/2 | 1,460 | $79,900 | $74,000 92.6% of ask |
Sep 4, 2026 |
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