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Listed price in listed location currency (USD).
$200,000

000

MLS® 26006712

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 3536 sqft
Garage 
Taxes $379
Days Active 87
Lot Size 
Approx. Age 1916
Avg. Price Per Sqft $56
MLS® Number 26006712

Property Address: 3125 Clay Ave, Saint Louis, MO, 63115-3229

Average square foot calculated using Size range provided by listing agent.

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 2 bed 1 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.
MLS® Number26006712
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1916
BasementBlock, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 6, 2026List Date
$200,000List Price
  • Commute

Commute

Starting Address
Destination Address
3125 Clay Ave, Saint Louis, MO

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