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3812-3814 Chippewa Street, St Louis City, MO, 63116

Great investment opportunity in South City! This 4-unit property offers solid bones, functional layouts, and strong value-add potential for an investor looking to build equity and increase rental income. Two units are currently vacant and being intentionally held open for easy showings and buyer access. All four units are in livable condition, with additional upside through cosmetic updates and improvements. Seller has prospective tenants ready for the vacant units but prefers to keep them open during the sale process. With renovation and repositioning, units may have the potential to achieve approximately $950–$1,000/month in rent, offering attractive future cash-flow potential. Buyer to verify rents, expenses, and projections. Property features a solid structure and is ready for the next owner to bring their vision and improvements. Property is being sold AS-IS. Seller will make no repairs. Inspections are welcome for buyer's knowledge and informational purposes only. Showings begin Thursday, August 20, 2026. All offers are welcome!

Subdivision: Grand Gravois Park Add

List Price

$ 239,000

Status

Active

Days on market

0

MLS#

26050638

Bedrooms

0

Full baths

0

Sq. Ft. Above

3,570

Subdivision

Grand Gravois Park Add

Municipality

St Louis City

School District

St. Louis City

County

St Louis City

Property Type

Residential Income

Style

Traditional

Type

Residential Income

Additional Information

Property Tax (2025)

$1,554

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
Aug 20, 2026 at $240,000
Price reduced by $1,000 (0.4%)
From $240,000 to $239,000
Current status: Active
As of Aug 20, 2026 · $239,000

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