Welcome to an exceptional investment opportunity nestled in the vibrant Gravois Park/Cherokee neighborhood. This beautifully renovated duplex offers not only a lucrative income-generating asset but also the possibility of serving as your personal residence. Each unit features two spacious bedrooms and 1bath, both recently updated to modern standards. Currently, the 2nd floor operates as a successful mid-term rental, while the 1st floor is leased at $1300 per month. Situated in a prime location, this duplex provides easy access to trendy shops, cozy cafes, & entertainment options, combining the best of urban living with the comfort of home, making it a standout opportunity in the growing area of Gravois Park/Cherokee community.
Property Details
Property Features
Property Information:
Year Built: 1906
Listing Office:
Office Name: Coldwell Banker Realty - Gunda
Interior Features
Interior Information:
Appliances: Washer/Dryer
Exterior Features
Parking Information:
Attached Garage: No
Parking: Other
Lot Features
Lot Information:
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Electric
Other
Directions Information:
Directions: GPS FRIENDLY
Price Information
Listing Price Info
Price Summary:
List Price: $265,000
Tax Information:
Annual Amount: $355
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Saint Louis, MO.
This property is $44.9K 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: #24054677
Listing Office:
Office Name: Coldwell Banker Realty - Gunda
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.
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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.
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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.
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Nearby Schools
5
/10
Froebel Literacy Academy
3709 Nebraska Ave
Distance between this listing and this school0.24 miles
Public District Grades PK-6
3
/10
Meramec Elementary School
2745 Meramec St
Distance between this listing and this school0.82 miles
Public District Grades PK-5
2
/10
Shenandoah Elementary School
3412 Shenandoah Ave
Distance between this listing and this school1.23 miles
Public District Grades PK-6
Nearby Schools
2
/10
Eagle Gravois Park
3630 Ohio Ave
Distance between this listing and this school0.30 miles
Public Charter Grades KG-7
5
/10
South City
3112 Meramec St
Distance between this listing and this school0.88 miles
Public Charter Grades PK-8
4
/10
Eagle Tower Grove East
2900 S Grand Blvd
Distance between this listing and this school0.99 miles
Public Charter Grades KG-7
Nearby Schools
1
/10
Roosevelt High School
3230 Hartford St
Distance between this listing and this school0.63 miles
Public District Grades 9-12
2
/10
Carnahan School of the Future
4041 S Broadway
Distance between this listing and this school0.72 miles
Public District Grades 9-12
8
/10
McKinley Classical Leadership Academy
2156 Russell Blvd
Distance between this listing and this school1.44 miles
The neighbors living near this home have an average income of $16,600. Typical income of Saint Louis, MO residents is less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 3516 Nebraska Ave in Saint Louis, MO and zip code 63118 in the Gravois Park neighborhood. This home, which was built in 1906, sits on a 0.08 acre lot. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $265,000.
In October 2024 more than 98 listings in Saint Louis, MO were sold above the asking price. During the same period more than 60 listings were sold at asking price, while more than 123 were sold below. Between September 2024 and October 2024, Saint Louis, MO real estate market has seen increase in the number of listings by 9.3%. In October 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $220,049.
From Rocket Homes Real Estate and based on county public records data.