Investors and owner-occupants take note - this is a rare opportunity in a prime St. Louis location.This brick duplex sits in the heart of one of the city's most walkable and desirable neighborhoods. Just steps from local favorites like Golden Hoosier and Bud's Pizza, and surrounded by coffee shops, grocery stores, pharmacies, fitness centers, and everyday conveniences that consistently drive strong rental demand. Easy access to major highways and just 10 minutes from downtown St. Louis.As rents and property values continue to rise in the area, this property presents a true value-add opportunity. Both units are currently rented below market at $875 and $850, while comparable turnkey 2 bed, 1 bath units regularly lease in the $1,200-$1,300 range. One of the leases ends April 2026. The building offers solid construction, great bones, and two brand new boilers. With its inherent charm and strong fundamentals, it's simply waiting for your finishing touches to unlock its full potential.
Listed By
Agency Name: Invest St. Louis
Shown By
Agent Name: Kelly Schnicker
Agent Phone: (636) 279-5772
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 1,610.31 per month $1,307.01 Principal & Interest $233.33 Property Tax $69.97 Homeowner's Insurance
5045 Lindenwood Avenue | MLS# 26010722
This multi-family property located at 5045 Lindenwood Avenue , Saint Louis, MO 63109 is currently listed for sale with an asking price of $239,900. Lindenwood Avenue is located within the St Louis City school district. Search Saint Louis real estate on kellyschnicker.redkeystlouis.com today.