Listing Office: Redfin Corporation
$3,741
closing credit¹
3136 Chippewa St Saint Louis, MO 63118
Property details
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.
Highlights
Summary
- MLS Number: 24058204
- MLS Name: MARIS
- Office Name: Niche Advisors
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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.
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Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2025 Mid America Regional Information System (MARIS). All Rights Reserved.
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Last updated on: 1/19/2025, 11:23:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$315,000
3136 Chippewa St
$3,741
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Froebel Literacy Academy
Public District PK-6
0.2 mi
•3709 Nebraska Ave
3
Meramec Elementary School
Public District PK-5
0.6 mi
•2745 Meramec St
5
Mann Elementary School
Public District PK-5
1.4 mi
•4047 Juniata St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,254. Most Saint Louis, MO residents have annual incomes less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 3136 Chippewa St in Saint Louis, MO and zip code 63118 in the South City neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $315,000.
In December 2024 more than 63 listings in Saint Louis, MO were sold above the asking price. During the same period more than 47 listings were sold at asking price, while more than 120 were sold below. In December 2024 in Saint Louis, MO there were 6.5% less homes for sale than in November. Listings spent 48 days on the market in December 2024, and had a median list price of $223,593 during the same period.