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3914 Chippewa Street, St Louis City, MO, 63116

Excellent opportunity to add to your portfolio or jump into multifamily investing with this solid all brick 4 family in the heart of South St. Louis! Currently generating strong in place income with three units renting for $750 per month offering immediate cash flow from day one. The vacant unit could be rented for $750 or could be perfect for a house hacker. One rent is paid for BJC and another is paid by DePaul, so half the rent is guaranteed! Recent capital improvements include all new water heaters, and sewer lateral repairs helping reduce future maintenance expenses and improve long-term stability for a new owner. This pitched roof offers low maintenance and is hard to find on 4 families! The property also features a valuable rear parking pad, a highly desirable amenity for tenants in the area. Spacious units with classic South City charm, and strong rental demand make this a great fit for both seasoned investors and house hackers looking to offset their mortgage with rental income. Live in one unit while the others help pay the bills, or add a stabilized multifamily asset to your portfolio. Conveniently located near Civil Life Brewery, Friendly's, and super accessible to everything South City has to offer. Whether you’re looking for steady cash flow, long-term appreciation, or an owner-occupant investment strategy, this property checks all the boxes! One unit is vacant and easy to show along with the basement. The occupied units can be seen with an accepted contract. Schedule a showing today!

Subdivision: Grand Gravois Park

List Price

$ 320,000

Status

Active

Days on market

0

MLS#

26031939

Bedrooms

0

Full baths

0

Sq. Ft. Above

3,128

Subdivision

Grand Gravois Park

Municipality

St Louis City

School District

St. Louis City

County

St Louis City

Property Type

Residential Income

Style

Historic

Type

Residential Income

Additional Information

Property Tax (2025)

$2,893

Recent Nearby Sales in 63116

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
3953 Federer Place, St Louis City, MO 63116 3/3 2,296 $525,000 $530,000
101% of ask
Sep 4, 2026
5000 Steffens Avenue, St Louis City, MO 63116 2/2 963 $185,000 $201,500
108.9% of ask
Sep 4, 2026
3850 Arsenal Street, St Louis City, MO 63116 4/4 2,644 $620,000 $605,000
97.6% of ask
Sep 4, 2026
5860 Christy Boulevard, St Louis City, MO 63116 0/0 -- $330,000 $320,000
97% of ask
Sep 2, 2026
4049 Germania Street, St Louis City, MO 63116 3/2 1,035 $158,000 $158,000
100% of ask
Sep 1, 2026
4632 Loughborough Avenue, St Louis City, MO 63116 0/0 2,014 $274,900 $256,000
93.1% of ask
Sep 1, 2026

Price & Listing History

Listed for sale
May 26, 2026 at $320,000
Current status: Active
As of Aug 14, 2026 · $320,000

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