USAMOSaint LouisSt Louis Commons Add3922 Minnesota Ave

$159,900

For Sale

10 days ago

3922 Minnesota Ave, Saint Louis, MO

Name: 3922 Minnesota Ave, For Sale in Saint Louis - eXp Realty
Brand: Botanical Property Management
SKU: 26062873
Price: 159900 USD

House

MLS® 26062873

0 Bed

0 Bath

2398 sqft

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size 2398 sqft

Garage

Taxes $1,764

Days Active 10

Lot Size 0.0787 Acres

Approx. Age 1912

Avg. Price Per Sqft $66

MLS® Number 26062873

Property Address: 3922 Minnesota Ave, Saint Louis, MO, 63118-4435

Average square foot calculated using Size range provided by listing agent.

Description

3922 Minnesota Avenue is a classic brick two-family property located in South St. Louis City. The property is convenient to public transportation, neighborhood restaurants and shopping. Residents also have convenient access to Tower Grove Park, Saint Louis University, major medical and employment centers and downtown St. Louis. Built in approximately 1912, the property contains approximately 2, 396 square feet across two spacious residences, at an attractive $66 per sq ft. The apartments feature large rooms, high ceilings, generous kitchens and the character associated with historic South City construction. There is the potential to easily convert the units by adding a wall and closet to one of the living rooms. The building also provides a full shared basement and rear yard. These features create a strong foundation for targeted cosmetic improvements without requiring a complete reconfiguration of the existing floor plans. One unit is currently occupied at $875 per month, while the vacant unit has recently been marketed between approximately $875 and $925. At $875 per unit, the property would generate approximately $1, 750 in monthly scheduled rent when fully occupied. Comparable two-bedroom rentals in the surrounding market are generally advertised from approximately $950 to $1, 100, with higher rents possible for more extensively updated residences. Improvements to kitchens, bathrooms, flooring and finishes provide a direct path to higher rental income and a more competitive position within the 63118 rental market. There is potential equity and upside with the building, a nearby property at 3617 Minnesota sold for $300, 000 following a renovation, establishing the upper end of the market for a finished product. This spread gives a buyer a clear value-add strategy: create additional bedrooms if desired, raise rents either as is or with additional updates to the units, and create additional equity and income.

MLS® Number26062873

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

Garage

Approx. Age1912

BasementOther

DrivewayNo Driveway

Garage Spaces

HeatForced Air, Natural Gas, Varies by Unit

A/CCeiling Fan(s), Central Air, Electric

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Sep 29, 2026List Date

$159,900List Price

Commute

Commute

Starting Address

Destination Address

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