Commercial & Investment Real Estate Specialists
3941 Minnesota Avenue
St Louis, MO, 63118
$295,000
Beds
5 Baths
4,480 SqFt
0.13 Acres
Add
MLS #MIS26012534 image #0
This exceptional investment opportunity offers both immediate cash flow and long-term value. Featuring a brand-new roof, the property eliminates one of the largest potential capital expenditures, giving investors peace of mind from day one.
The property includes a spacious 3-bedroom, 3-bathroom unit, along with two additional 2-bedroom units, creating a highly desirable unit mix that appeals to a wide range of tenants. This rare configuration in South City supports strong occupancy, long-term tenancy, and consistent rental income. With nearly 4,500 square feet, the property boasts an incredibly low price per square foot—creating a substantial equity cushion compared to replacement cost. Investors will appreciate the scale, efficiency, and upside potential this asset provides. Delivering an impressive 14.5% cap rate, this is a true high-performing asset with tremendous cash flow, ideal for investors looking to grow and scale their portfolio quickly.

Don’t miss this rare opportunity to secure a high-yield property in a strong rental market!

Property Details

Price:
$295,000
MLS #:
MIS26012534
Status:
Active Under Contract
Beds:
0
Baths:
5
Type:
Multi Family
Subtype:
2-4 Units
Subdivision:
Ameiss Sub
Neighborhood:
2centraleast
Listed Date:
Apr 2, 2026
Finished Sq Ft:
4,480
Lot Size:
5,689 sqft / 0.13 acres (approx)
Year Built:
1922
Units:
3
2 – Central East2centraleastAmeiss SubSt. Louis CityMeramec Elem.Fanning Middle Community Ed.Roosevelt HighTenant Occupied

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Schools

School District:
St. Louis City
Elementary School:
Meramec Elem.
Middle School:
Fanning Middle Community Ed.
High School:
Roosevelt High

Interior

Cooling
Ceiling Fan(s), Central Air
Heating
Forced Air

Exterior

Architectural Style
Apartment Style, Other
Construction Materials
Brick
Roof
Flat

Financial

Net Operating Income
$3,500
Tax Year
2024
Taxes
$1,546

Map

Community

Market Summary

Current real estate data for Multi Family in St Louis as of Apr 17, 2026
367
Multi Family Listed
93
Avg DOM
100
Avg $ / SqFt
$437,495
Avg List Price

Property Summary

    Located in the Ameiss Sub subdivision, 3941 Minnesota Avenue St Louis MO is a Multi Family for sale in St Louis, MO, 63118. It is listed for $295,000 To schedule a showing of MLS#mis26012534 at 3941 Minnesota Avenue in St Louis, MO, contact your Realty Exchange agent at (314) 647-2220.

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