3125 Clay AVE, St Louis, MO 63115
3125 Clay AVE, St Louis, MO 63115
3125 Clay AVE, St Louis, MO 63115
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Kris Yoon

Kris Yoon

+1(314) 520-7980
$190,000
Est. payment /mo
3,536 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,536 sqft

Price per Sqft $53

Subdivision Orchard Place Add

MLS Listing ID 26006712

Style Other

Year Built 1916

Annual Tax Amount $379

Lot Size 4,599 Sqft

Acres 0.1056

Property Sub-Type 2-4 Units

Property Description

This triplex presents a solid value-add opportunity in the evolving Greater Ville neighborhood of St. Louis City, offering both in-place income and upside potential. One unit is currently leased, while the 3-bedroom, 1.5-bath townhouse and an additional 2-bedroom, 1-bath unit are vacant, providing flexibility for an owner-occupant or investor.

The occupied 2-bedroom, 1-bath unit is leased on a month-to-month basis at $800 per month, with rents currently below market, offering a clear path to increased income over time. The other 3 bed 2 bath is also occupied at $1350 with a 1 yr lease expiring in May 2027.

Recent improvements include approximately $18,000+ in updates, including plumbing repairs, water heater installation, bathroom updates, and general unit stabilization. Two units feature newer HVAC systems, and the roof is approximately eight years old, helping to reduce near-term capital expenditures.

Based on area rental data, projected rents are approximately $1,200–$1,500 for the 3-bedroom unit and $850–$1,050 for the 2-bedroom units, creating a potential stabilized gross income in the $2,800–$3,200/month range.

The vacant townhouse unit provides an opportunity for owner-occupancy or immediate lease-up to maximize returns.

Conveniently located near Ranken Technical College, the new NGA campus, major highways, and local amenities, this property is well positioned for continued rental demand. Ideal for investors seeking a value-add asset with improvements already completed and strong income potential.

Location

State MO

County St Louis City

Area 5 - North

Rooms

Basement Block, Unfinished

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Exterior

Parking Features false

View Y/N No

Building

Structure Type Brick

Schools

Elementary Schools Farragut Elem.

Middle Schools Yeatman-Liddell Middle School

High Schools Vashon High

School District St. Louis City

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listing As Is

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Listed by Ivy Grant • St. Louis Metro, REALTORS
Kris Yoon

"As a lifelong resident of St. Louis, local real estate investor and full time professional Realtor, I will provide unparalleled market knowledge, exceptional communication and a focus on your satisfaction."

+1(314) 520-7980

kris@homeinstlouis.com

St Louis, MO, USA

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