1007 Allen Avenue, St Louis, MO 63104
- $525,000
Description
This Soulard 3-family comes with a duplex in the front of the parcel AND a single-family house in the rear of the parcel (3 units, 2 buildings) — giving you two properties for the price of one in one of St. Louis’ most desirable and walkable neighborhoods.
The property is fully occupied and currently generates $4,650/month in rental income ($55,800 annually). The front duplex consists of a 1 bed / 1 bath unit currently rented for $1,100/month and a 2 bed / 2 bath unit currently rented for $1,450/month. In the rear of the parcel sits a beautifully updated 2 bed / 1.5 bath single-family home currently leased for $2,100/month.
Between the two buildings is a private courtyard/backyard space, creating a unique separation between the properties and a great outdoor area rarely found in city investments. The rear single-family home feels like a true architectural showpiece, featuring high-end finishes and modern design throughout.
The flexibility of this property is what makes it so special. An owner-occupant could live in the high-end rear home while the duplex in front produces over $2,500/month in rental income, potentially covering a large portion of the mortgage. Investors could also explore short-term rental potential, with AirDNA projections suggesting over $4,000/month per unit in possible Airbnb income.
Located just steps from Duke’s, which offers a free shuttle to Cardinals, Blues, STL City SC games, and major downtown concerts, plus all the restaurants, bars, and nightlife that make Soulard one of the most vibrant neighborhoods in St. Louis.
The property is fully occupied, preapproval/ proof of funds required to schedule a tour.
Address
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Address: 1007 Allen Avenue
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City: St Louis
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State/county: MO
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Zip/Postal Code: 63104
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Area: Allens Add
Details
Updated on March 9, 2026 at 5:53 am-
Property ID 26013276
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Price $525,000
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Land Area 0.0561 Acres
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Garage Size x x
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Year Built 1885
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Type Residential Income
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Property Status Active
Additional details
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Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan
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Cooling Central Air,Electric
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Heating Forced Air,Natural Gas
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County St Louis City
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Property Type Residential Income
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Elementary School Sigel Elem. Comm. Ed. Center
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Middle School Fanning Middle Community Ed.
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High School Roosevelt High
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Architectural Style Other
Features
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