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About the Listing EXRT01 - JAMIDEAN
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!
Listing Highlights
Status
Active With Contingency
Days on Site
17
Property Type
Multi-Family
MLS ®
26012534
Year Built
1922
Total Square Footage
4,480
Lot/Acreage
0.13
County
St Louis City
Neighborhood
Ameiss Sub
Area
2 - Central East
School District
St. Louis City
Elementary School
Meramec Elem.
Middle School
Fanning Middle Community Ed.
High School
Roosevelt High
Interior Details
- Bedrooms: 7
- Bathrooms: 5 Full
- Appliances:
- Air Cond: Ceiling Fan(s),Central Air
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Roof: Flat
- Others:
- Sewer:
Financial Details
- Tax Amount: $1,546
- Taxes w/Assessments: N/A
- Tax/Property ID: 2572-00-0285-0
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
3941 Minnesota Ave St Louis, MO 63118
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