3440 Nebraska Ave
- Immediate Cash Flow – Fully occupied duplex generating $1,770/month in rental income.
- Updated Interiors – Both 1-bedroom, 1-bath units were renovated prior to current occupancy with updated kitchens, bathrooms, flooring, and fresh paint.
- Strong Rental Demand – Current rents of $850 and $920/month are below comparable market rates, offering future rental upside.
- Low-Maintenance Investment – Solid brick construction with modernized interiors for reduced ongoing maintenance.
- Stable Tenant Base – Long-term tenants provide reliable, consistent income from day one.
- Value-Add Potential – Opportunity to increase rental income as leases naturally turn over.
- Ideal for Any Investor – Great addition to an existing portfolio or an excellent first investment property.
- Turnkey Opportunity – Income-producing asset requiring minimal immediate improvements.
Property Description
Income-producing brick duplex offering immediate cash flow with long-term tenants already in place. Both 1-bedroom, 1-bath units were updated prior to current occupancy with renovated kitchens, bathrooms, flooring, and paint, creating a low-maintenance investment that's easy to add to any portfolio. Current rents are $850 and $920 per month, providing reliable income while still offering future upside. With average rents for comparable 1-bedroom units in the area exceeding current lease rates, investors may find additional value over time as leases naturally turn over. Whether you're expanding an existing portfolio or purchasing your first investment property, this fully occupied duplex offers the combination of consistent rental income, solid brick construction, and strong rental demand that investors look for. Please do not disturb tenants. Showings only after a fully executed contract with walk-through contingency. Property is being sold As Is. Seller will perform no inspections, make no warranties, or provide repairs. Please use the Special Sales Contract. Seller has never occupied the property; no seller's disclosure is available. Photos were taken prior to tenant occupancy and are representative of the units.Broker Details
Invest St. Louis (314) 255-5117
MLS ID: JSCHENCK State License Number: 2025043112
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $174,900 |
| No. of Units: | 2 |
| Year Built: | 1902 |
| Lot Size: | 0.07 Acres |
| Opportunity Zone: | No |
| Price per unit: | $87,450 |
| Property Website | Click Here |
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