2 months on rocket

3136 Chippewa St, Saint Louis, MO, 63118

$385,000

Home List Price

$4,572*

Closing Credit

0 Baths
Multi

Location

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3136 Chippewa St, Saint Louis$385,000

Buyer Closing Credits

$4,572*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street, On Street
HeatingForced Air
CoolingElectric
MLS #24058204
Lot Size0.15 Acres
StatusActive

About 3136 Chippewa St

Motivated Seller! Investors don't miss this rehab Take Over Opportunity with a $25K rehab credit to finish off the property!! This large townhouse style duplex is 95% completed, this is a perfect opportunity to bring it over the finish line and create a cash cow of a rental property! Both townhouse style units feature 3 bedrooms 2 full bathrooms each with projected rent per apartment of $1,650 each that comes out to $39,600 per year in potential rental income and a 10% cap rate. The building has all new plumbing, a Lenox furnaces (2 per unit), new 200 amp panels, new bathrooms, lighting, kitchens, flooring, trim and a ton more. This an "AS IS" sale, seller to make no repairs, no city inspections and buyer can get inspection for their info only.

Property Details

Property Features

Listing Office:

  • Office Name: Niche Advisors

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street, On Street

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $385,000
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Housing Market Comparison

See how this home compares to others in Saint Louis, MO.

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Saint Louis, MO

City

Med. Sold Price

$220K

Med. Price/SqFt

$160

Avg. Days On Market

42

# of Sold Homes

281

3136 Chippewa St vs Saint Louis

63 DAYS ON ROCKET

+21 Days

$385,000

+$164.9K More

KEY TAKEAWAY

This property is $164.9K more than the Median Sold Price in Saint Louis, MO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MARIS
  • MLS Number: #24058204

Listing Office:

  • Office Name: Niche Advisors

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2024 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 8:23:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,989

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,221

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-176740
5
/10

  • Froebel Literacy Academy

  • 3709 Nebraska Ave

  • 0.18 miles

  • Public District Grades PK-6

school-card-donut-176741
3
/10

  • Meramec Elementary School

  • 2745 Meramec St

  • 0.58 miles

  • Public District Grades PK-5

school-card-donut-176742
5
/10

  • Mann Elementary School

  • 4047 Juniata St

  • 1.40 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,254. Typical income of Saint Louis, MO residents is less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Missouri›Saint Louis›63118›3136 Chippewa St

This home is located at 3136 Chippewa St in Saint Louis, MO and zip code 63118 in the South City neighborhood. This home sits on a 0.15 acre lot. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $385,000.

Over 98 listings were sold over their listed price in October 2024 in Saint Louis, MO. In the same period over 123 listings were sold below the listed price and 60 listings were sold for the listed price. The inventory of homes for sale in Saint Louis, MO between September 2024 and October 2024 increased by 9.3%. While the average time on the market in October 2024 was 42 days, the median list price was $220,049.

From Rocket Homes Real Estate and based on county public records data.

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