Rock Island Realty

Other

1338 Central Avenue

St Louis, MO 63139

MLS#: 26051463

$449,999

Status: Active
Listing number: 26051463
Listing provided by: Coldwell Banker Realty - Gundaker
Listing agent phone: None
Last update: 2 hours ago
On site: 5 days ago
Browse Properties
Volas Add - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1911

Sq.Footage

1,764

Take advantage of this exceptional, turn-key investment opportunity with a fully furnished, cash-flowing two-family property in St. Louis' highly desirable Dogtown neighborhood. Perfect as a high-yield asset for a savvy investor or as an ideal for an owner-occupant looking to subsidize their mortgage with rental income, this property delivers immediate value. The entire building underwent a comprehensive top-to-bottom renovation in 2023, which introduced fully updated kitchens, modern bathrooms, new flooring, fresh paint, new windows, and new doors. Crucial capital improvements offer total peace of mind, featuring a new roof in 2024, fully updated major mechanical systems, fresh tuckpointing, and a newly poured concrete driveway for convenient off-street parking. Inside, each bright and open-concept unit blends modern fixtures and stylish finishes with plenty of historic charm, offering spacious bedrooms and generous closet storage. Residents will love the shared backyard space for relaxing or outdoor entertaining, as well as the premier location that sits within walking distance of popular local Dogtown spots and just a short bike ride from all the world-class attractions of Forest Park. is sale, no showings without an accepted contract. No sign. Please do not disturb the tenants.

Features & Amenities

Interior

  • Other Interior Features

    Breakfast Bar, Eat-in Kitchen

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2049.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Stone

  • Parking

    Driveway

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1343

  • Lot Size(square feet)

    5,850

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Other

Price

  • Sales Price

    $449,999

  • Tax Amount

    $5,141

  • Sq. Footage

    1,764

  • Price/SqFt

    $255

HOA

  • Association

    No

School District

  • Elementary School

    Mason Elem.

  • Middle School

    Long Middle Community Ed. Center

  • High School

    Roosevelt High

Property Features

  • New Construction

    NO

  • Foundation Details

    Stone

  • Ownership

    Private

  • Senior Community YN

    NO

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

St Louis City

Elementary School

Mason Elem.

Middle School

Long Middle Community Ed. Center

High School

Roosevelt High

Listing Courtesy of Melissa Miller , Coldwell Banker Realty - Gundaker

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Selena Coble

Agent / Realtor®

Selena Coble

Call Selena today to schedule a private showing.

(573) 280-8660

selena@homeatthelake.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Take advantage of this exceptional, turn-key investment opportunity with a fully furnished, cash-flowing two-family property in St. Louis' highly desirable Dogtown neighborhood. Perfect as a high-yield asset for a savvy investor or as an ideal for an owner-occupant looking to subsidize their mortgage with rental income, this property delivers immediate value. The entire building underwent a comprehensive top-to-bottom renovation in 2023, which introduced fully updated kitchens, modern bathrooms, new flooring, fresh paint, new windows, and new doors. Crucial capital improvements offer total peace of mind, featuring a new roof in 2024, fully updated major mechanical systems, fresh tuckpointing, and a newly poured concrete driveway for convenient off-street parking. Inside, each bright and open-concept unit blends modern fixtures and stylish finishes with plenty of historic charm, offering spacious bedrooms and generous closet storage. Residents will love the shared backyard space for relaxing or outdoor entertaining, as well as the premier location that sits within walking distance of popular local Dogtown spots and just a short bike ride from all the world-class attractions of Forest Park. is sale, no showings without an accepted contract. No sign. Please do not disturb the tenants.

1338 Central Avenue

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Rock Island Realty via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

What an opportunity for anyone looking for a completely turn-key investment opportunity on a fabulous residential block in the desirable Southampton neighborhood just off the Macklind Mile. All the work has been done, and the rental income flows in from day one with this fully occupied and professionally managed building. Step into a dream set up with these truly excellent tenants all under lease until September 2027 bringing in $3925 each month. All 4 units have private entrances with newer doors, updated bathrooms with tiled shower surrounds, decorative fireplaces, functional pocket doors, ceiling fans, and nice closet space. Large eat-in kitchens with DISHWASHERS, stainless appliances, big sinks, pantry and beautiful cabinets and countertops. No wonder the tenants are so happy here! This is the cleanest 4-family basement you'll find with individual laundry hook-ups and storage units. The LONG list of updates includes a BRAND NEW ROOF 8/26, electric panels and wiring, furnaces and ACs (2022), sewer lateral line from under the building to the street, ALL 4 chimneys repaired and building tuckpointing, and vinyl windows. Nice and tidy shared back yard with a 2 car garage and newer garage door. The garage is currently utilized by owner for storage. This space offers potential for additional rental income. Prepare to be impressed, buildings in this condition do not come along very often.
#26051653

St Louis

5244 Neosho Street

None Beds

None Baths

3,200 Sq.Ft.

$475,000

MLS#: 26051653

New on site 3 days ago
Attention Investors - FULLY occupied, updated fourplex building complex with an attractive cap rate of 7% and an outstanding location! Excellent opportunity to add this income-producing fourplex in Holly Hills to your investment portfolio. Updates include a new TPO roof from 2024. All units have a laundry area/ washer & dryer located in the basement. Well maintained & upkept investment property - each unit has a functional layout! Private parking in back with additional on street parking. This multifamily property generates approximately $46,020 in annual rental income with reported annual operating expenses of approximately $10,393, producing an estimated Net Operating Income (NOI) of $35,627. Four rental units providing multiple income streams under one roof, this property presents an opportunity for investors seeking immediate rental income, portfolio growth, and long-term appreciation potential. Centrally located - urban living w/ quick highway access, close to Carondelet Park, right by shopping & all other amenities. This is an exceptional opportunity to add this cash flowing to your portfolio! Call now for more information
#26051182

St Louis

3644-3646 Bates Street

None Beds

None Baths

3,552 Sq.Ft.

$375,000

MLS#: 26051182

A great opportunity to own a well-maintained 4-family in the heart of Soulard! The building was previously renovated, giving you the benefit of updated HVAC, plumbing, electric & more without the headache of taking on a major renovation. Recent improvements include a brand-new roof & gutters, updated electric service, and a new fence—all completed within the past year. Inside, the first-floor apartments each feature a comfortable living room, eat-in kitchen, private bedroom & full bath. Unit A has been given a fresh update with new luxury vinyl flooring and fresh paint throughout. The second- and third-floor apartments offer a spacious townhome-style layout, with a living room, kitchen, bedroom & half bath on the second floor, plus a second bedroom & full bath upstairs. And then there's the location—McGurk's, Tucker's Place, Chava's, Molly's and so many other Soulard favorites are all just a stroll away. A property with updates, functional layouts, great outdoor space & a location your tenants will love? Sounds like a pretty good investment to us.
#26051128

St Louis

1301 Ann Avenue

None Beds

None Baths

2,674 Sq.Ft.

$539,000

MLS#: 26051128

Well-maintained two family located on a corner lot in the highly sought after St. Louis Hills neighborhood. Spacious floor plans with 2 bedroom/1 bathroom units. The property has a fenced in backyard with a detached two-car garage.&#160; Perfect for an owner/occupant or for investment purposes. Steps away from world famous Ted Drewes Frozen Custard, Francis Park, multiple restaurants, and shops along the Hampton commercial corridor. Agents please view remarks.
#26046597

St Louis

6500 Devonshire Avenue

None Beds

None Baths

2,686 Sq.Ft.

$429,000

MLS#: 26046597

Historic charm, exceptional versatility, and an unbeatable location in the heart of The Hill! This rare property offers two separate residences on one generously sized lot, creating a unique opportunity for owner-occupants, investors, or multi-generational living in one of St. Louis' most sought-after neighborhoods. The charming front stucco home offers approximately 1,370 square feet with 3 bedrooms and 2 full baths. The third bedroom serves as a private primary suite complete with its own full bath, creating a comfortable retreat. Filled with character, the home features spacious rooms, a private dining room, and timeless architectural details that blend beautifully with bold, designer-inspired. The finished lower level provides additional flexible living space, ideal for a family room, home office, recreation area, or gym. The detached 850-square-foot brick second residence offers 2 bedrooms, 1 full bath, in-unit laundry, and a well-designed floor plan. Currently leased for $1,350 per month, it provides immediate rental income while remaining an excellent option for extended family, guests, a private home office, or future short- or long-term rental opportunities. The generous lot size offers outdoor space rarely found in The Hill, providing room to relax, entertain, garden, or simply enjoy added privacy between the two homes. Located in the heart of The Hill, you'll enjoy one of St. Louis' most beloved neighborhoods, award-winning restaurants, neighborhood markets, and welcoming community atmosphere. Properties offering two independent homes on one lot in The Hill are exceptionally rare. Whether you're searching for a primary residence with built-in rental income, an investment opportunity, or flexible living for extended family, this one-of-a-kind property delivers charm, versatility, and lasting value. Duplicate listing MLS #26043491
#26044209

St Louis

5221 Bischoff Avenue

None Beds

None Baths

2,494 Sq.Ft.

$439,900

MLS#: 26044209

Beautiful blonde brick Spanish-style 4-family in the heart of the desirable Northampton neighborhood! This well-cared-for building is a standout addition to any real estate portfolio or a wonderful opportunity for an owner-occupant looking to have rents help offset their mortgage. SO SMART! This building is full of charm starting with the arched brick windows on the front porch. Inside you'll note the hardwood floors, the original woodwork (doors & trim), crown molding and so much natural light! Each spacious apartment features a living room, dining room, kitchen, full bath, and private bedroom. The vacant unit is move-in ready as the occupancy inspection has already been passed. The vacant unit even has a rare feature- a vaulted ceiling. So very cool! The kitchen includes two-toned shaker-style cabinets, quartz countertops, stainless steel appliances (including dishwasher) and a floating shelf. Check out the preserved art deco bathroom! Each unit has their very own private outdoor spaces too- a balcony in the front and deck in the rear! Fenced back yard. Large brick garage! Laundry and storage in the basement. Located within walking distance to neighborhood favorites including The Golden Hoosier, Piper’s Tea & Coffee, Bud’s Pizza, and the recently re-opened Uncle Bill’s. You don't have to cook breakfast, lunch or dinner! A true turn-key investment in a fantastic location—this is a building you’ll be proud to own for years to come! Come quick!
#26051500

St Louis

5068 Pernod Avenue

None Beds

None Baths

3,934 Sq.Ft.

$500,000

MLS#: 26051500

TWO PROPERTIES FOR THE PRICE OF ONE! This Soulard three family is not a duplex with a shed out back. It is TWO SEPARATE BUILDINGS ON ONE PARCEL, a classic brick duplex fronting Allen Avenue plus a fully renovated single family house standing on its own in the rear, with a private courtyard in between. Setups like this almost never hit the market, and never at this price, in one of the most walkable and in demand neighborhoods in all of St. Louis! FULLY OCCUPIED AND PRODUCING 4,650 PER MONTH, or 55,800 annually. The front duplex holds a one bed one bath renting at 1,100 and a two bed two bath renting at 1,450. In the rear of the parcel sits a beautifully updated THREE STORY two bed two bath single family home leased at 2,100. The rear house is a TRUE ARCHITECTURAL SHOWPIECE! Three levels of modern design behind original brick, with a striking multi story window wall, white shaker cabinetry, granite counters, stainless appliances, light wood floors and a spa quality walk in shower finished in marble. This one lives like a private city retreat, not a rental! Between the two buildings is a fully fenced PRIVATE COURTYARD of brick pavers and white stone. Real outdoor living space is nearly impossible to find in a city investment property, and here it comes standard. NOW HERE IS THE BEST PART. ALL THREE LEASES EXPIRE ON AUGUST 30, 2026! That hands the next owner a completely clean slate. The seller will DELIVER ALL THREE UNITS VACANT at closing, or re lease any of them beforehand, entirely at the direction of the buyer. YOU PICK THE UNIT YOU WANT TO LIVE IN! Take the high end rear house and enjoy a private home with a yard in the middle of the city. Take the two bed two bath in the duplex. Or keep it simple in the one bed and MAXIMIZE YOUR INCOME. Then you decide what the other two units do. Lease them long term for steady predictable rent. Furnish them for traveling nurses and corporate stays. Or run them as SHORT TERM RENTALS in a neighborhood people specifically travel to visit! Mix and match in any combination, and change the plan whenever you want. HOUSE HACK IT! Live in the rear home while the front duplex throws off more than 2,500 per month toward your mortgage, and as a three unit this property is FHA ELIGIBLE. Prefer to stay hands off? Keep all three leased, mark rents to market, or explore short term rentals, where AirDNA projections for comparable Soulard units point to ROUGHLY 100,000 PER YEAR in gross Airbnb revenue across all three! LOCATION IS EVERYTHING, and this one delivers. Just steps from Dukes, which runs a FREE SHUTTLE to Cardinals, Blues and STL City SC games plus major downtown concerts, and surrounded by the restaurants, bars and nightlife that make Soulard one of the most vibrant neighborhoods in St. Louis! OFFERED AT 499,500! Property is fully occupied. Proof of funds or preapproval required to schedule a tour. Do not let this one get away!
#26051468

St Louis

1007 Allen Avenue

None Beds

None Baths

2,706 Sq.Ft.

$499,500

MLS#: 26051468

Welcome to 4945 Sutherland Avenue, a charming two-family property offering spacious living, classic St. Louis character and excellent flexibility for an owner-occupant or investor. This well-maintained brick building features a 2-bedroom, 1-bath main-level unit and a 3-bedroom, 1-bath upper-level unit, each with generous room sizes, beautiful hardwood flooring and an abundance of natural light. The main-level unit offers two bedrooms, a full bath, kitchen, separate dining area, spacious living room with fireplace and a bright sunroom. Original hardwood floors and substantial millwork preserve the home's character, while fresh neutral finishes and an updated bath give the space a clean, move-in-ready feel. The upper unit offers three bedrooms and one full bath, along with a kitchen, family room, breakfast/dining area and its own sunroom. The flexible layout provides considerably more living space than typically expected in a multifamily property and makes the upper unit especially appealing for tenants needing an additional bedroom, home office or work-from-home space. 2026 HVAC and Roof with a large, clean unfinished basement provides abundant storage and utility space, while the backyard offers a fenced outdoor area with a fire-pit gathering space. A detached garage adds another desirable feature. With two distinct units, updated interiors, hardwood floors, generous living spaces and classic brick construction, 4945 Sutherland offers an attractive opportunity to live in one unit while generating income from the other, accommodate extended family, or add a versatile multifamily property to an investment portfolio.
#26051157

St Louis

4945 Sutherland Avenue

None Beds

None Baths

2,424 Sq.Ft.

$399,900

MLS#: 26051157

Investor Alert! Exceptional opportunity to own a fully occupied, turnkey 4-family offering immediate cash flow and a cap rate exceeding 10%. This property has undergone significant capital improvements, making it an ideal addition to any investment portfolio. Major updates include new HVAC systems, a brand-new deck, and updated units throughout, helping reduce future maintenance costs and allowing a new owner to focus on maximizing returns rather than completing deferred repairs. Whether you're expanding your portfolio or purchasing your first multifamily investment, this property is positioned to deliver reliable cash flow from day one. Opportunities to acquire a stabilized multifamily property with this level of income and recent improvements are rare.
#26050252

St Louis

329 Eichelberger Street

None Beds

None Baths

2,190 Sq.Ft.

$365,000

MLS#: 26050252

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Rock Island Realty via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Area

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Rock Island Realty via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service