Canceled MLS# 25073377

1942 Clara Avenue, St Louis City, MO 63112

Subdivision: Burds Arlington Grove Add

List Price: $79,900

(Original Price: $119,900)

Reduced $10,000 on Apr 15, 2026
Reduced $5,000 on Mar 23, 2026
Reduced $5,000 on Jan 22, 2026
Reduced $4,000 on Jan 7, 2026
Reduced $1,000 on Dec 11, 2025

0

Bedrooms

N/A

Baths

3,556

Area (sq.ft)

$22

Cost/sq.ft

2 Story

Type

220

Days on Market
Call Agent

Description

Motivated Seller!! Back on market at no fault to seller. Don't miss this fully occupied, cash-flowing opportunity in the historic Wells-Goodfellow neighborhood. This one offers an 11% cap rate and a 21% return. Previously a four family, this has been converted to two townhouse style units each containing three bedrooms and two bathrooms. Each unit's main floor contains a living room, dining room, large eat-in kitchen, and a half bath. Upstairs you'll find three additional bedrooms and a full bath. Both tenants are long term and are on annual leases, providing an investor peace of mind. This building brings in $1,500 per month with long term paying tenants- so you're doing much better than the "1% rule". While this one delivers a great return as-is, there is plenty of upside to upgrade the units and get significantly higher rent. Priced to move, so bring us your offer! Showings only with an accepted contract so tenants aren't disturbed. Potential to package with 5892 Highland Ave- another duplex just blocks away. Make an offer for both! Owner is a licensed agent (not listing agent).

Property Information

List Price $ 79,900
Original Price $ 119,900
Status Canceled
MLS# 25073377
Bedrooms 0
Full baths 0
Half baths 0
Main Floor Full Baths 0
Sq. Ft. Above 3,556
Lot Size
Acres 0
Subdivision Burds Arlington Grove Add
Municipality St Louis City
School District St. Louis City
County St Louis City
Property Type Residential Income
Style 2 Story
Style Description
Transaction Type
Special Conditions Standard
Type
Building Exterior Amenities
Building Style Traditional
Ownership Private
Special Description Standard
Appliances Some Free-Standing Gas Range,Refrigerator,Water Heater

Additional Information

Elementary School Ford-Ford Br. Elem. Comm. Ed.
Jr. High School Langston Middle
Sr. High School Sumner High
Association Fee None
Architecture Traditional
Construction Brick
Garage Spaces
Carport Spaces 0
Basement Description Storage Space,Unfinished
Fireplace Type
Fireplace Location
Lot Dimensions
Special Areas
Cooling Window Unit(s)
Sewer Sewer
Heating Forced Air
Water Public
Heat Source
Kitchen
Appliances Free-Standing Gas Range,Refrigerator,Water Heater
Dining
Interior Decor
Property Tax $307

Map Location

Change History

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Listing Courtesy of Tower Real Estate Group - [email protected]