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$188,500sold price Closed

3630 Iowa Avenue, St Louis City, MO, 63118

0 ba | 2,448 sq ft | Other
Subdivision: Quinette Add
Turnkey, fully occupied investment opportunity! This cash-flowing duplex is 100% leased with both units rented through next summer, generating $2,140 in gross monthly rental income from day one. Whether you're looking to expand your portfolio or complete a 1031 exchange, this stabilized asset offers immediate income with no vacancy or lease-up risk. in-place rents and fixed-term leases make this an ideal addition to any investment portfolio. Recently appraised at $220,000 and offered at just $184,900, this property presents an outstanding opportunity to purchase a performing asset below its recent appraised value. Major capital improvements were completed approximately 18 months ago, including new HVAC systems (furnaces and central A/C) for both units and a new water heater. Interior updates to both units include LVP flooring, updated kitchens with new cabinetry, countertops, backsplash, stainless steel appliances, updated bathrooms with tile finishes, and modern fixtures throughout. Additional features include rear off-street parking, durable low-maintenance brick construction, and a convenient South City location close to shopping, restaurants, parks, public transportation, and everyday amenities. located in the heart of South St. Louis with easy access to parks, shopping, dining, major highways, and downtown, it continues to attract reliable tenant demand. If you're looking for a true turnkey rental with immediate cash flow, updated mechanicals, and built-in equity potential, 3630 Iowa Avenue is an opportunity you won't want to miss. *virtually staged.*

Status: Closed · MLS# 26036212 · Listing Courtesy of DRG - Delhougne Realty Group, [email protected]
Properties displayed may be listed or sold by various participants in the MLS.

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Facts and features

Sold Price

$ 188,500

List Price

$ 184,900

Status

Closed

Days on market

94

MLS#

26036212

Bedrooms

0

Full baths

0

Sq. Ft. Above

2,448

Subdivision

Quinette 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 (2025)

$1,794

Recent Nearby Sales in 63118

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
3004 Louisiana Avenue, St Louis City, MO 63118 4/3 2,666 $440,000 $405,000
92% of ask
Nov 13, 2026
3464/3464 A Montana Street, 1&2, St Louis City, MO 63118 0/0 2,476 $149,900 $136,000
90.7% of ask
Nov 10, 2026
2761 Gravois Avenue, St Louis City, MO 63118 1/1 800 $650 $650
100% of ask
Nov 10, 2026
3005 Minnesota Avenue, St Louis City, MO 63118 2/2 1,496 $180,000 $190,000
105.6% of ask
Nov 9, 2026
2906 Virginia Avenue, St Louis City, MO 63118 3/3 2,116 $395,000 $395,000
100% of ask
Nov 9, 2026
3001 Keokuk Street, St Louis City, MO 63118 3/2 1,408 $74,999 $68,000
90.7% of ask
Nov 5, 2026

Price & Listing History

Listed for sale at $209,000
Jun 9, 2026 · original list price
Price reduced by $19,100 (9.1%)
From $209,000 to $189,900
Price reduced by $5,000 (2.6%)
From $189,900 to $184,900 · $24,100 below the original price
Sold for $188,500
Sep 11, 2026 · 90.2% of original list price · 94 days from listing to closing

Every time this home was on the market

Prior listings, expired and canceled listings, days on market, price changes and sold prices from MARIS MLS records.

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Most MLS-recorded sales near this home

Most closed sales in the last 12 months around this address, listing side and buyer side, plus this listing agent's record.

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