About This Home

This 1-bedroom, 1-bathroom residential multi family at 6217 Minnesota Avenue in Saint Louis, MO is listed for $127,000 ($70 per sqft). Built in 1870, the home offers 1,820 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 1870
  • 0.15 acre lot
  • 2 stories

Property Details

2 stories
1 full
1870
Listing Description

Secure an income producing asset with deep roots in the Carondelet market. This circa 1870's two-family residence offers a rare combination of historic character and long-term stability, having been meticulously maintained by the same family for over 100 years.

Perched on a hilltop, the property provides unique Mississippi River views and a commanding presence that sets it apart from standard inventory. For the investor looking to scale or solidify a portfolio, the operational setup is turnkey. The property features two 1-bedroom units designed for maximum efficiency.

One unit is currently occupied by a month-to-month tenant, ensuring immediate cash flow from day one. The second unit is vacant and move-in ready, allowing for immediate market-rate leasing or a value-add refresh to further drive NOI. This is a clean, well-preserved building that reflects a century of pride in ownership.

It offers the structural integrity of a legacy asset with the flexibility to modernize and capture higher rents. To streamline the transaction, the seller prefers an "As-Is" sale on a Special Sales Contract. Capitalize on this rare opportunity to acquire a historic income-producer with an unbeatable vantage point.

Monthly Cost Estimate

$679/mo

20% down · 6.5% · 30 years

Principal$92
Interest$550
Insurance$37

Estimates only. Actual payments may vary.

Location

6217 Minnesota Avenue

Saint Louis, MO 63111

Eiler Add

Property Details

Construction

Vinyl Siding

Parking

Alley

Heating

Natural GasForced Air

Questions & Answers

This 1-bedroom, 1-bathroom residential multi family at 6217 Minnesota Avenue is listed at $127,000 ($70/sqft). The estimated monthly payment is $679 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1870, 0.15 acre lot, 2 stories.

This property is listed by Jonathan Miller.

JM

Jonathan Miller

Agent at Compass

Listed by Compass · Broker phone: (314) 347-1658 · View on Broker Site

MLS# 26030667· Source: Mid America Regional Information Systems, Inc.· Added to PropertySimple today

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6217 Minnesota Avenue, Saint Louis, MO 63111

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