Available
$80,000(ARV: $200,000)40% of ARV

St. Louis, St. Louis, MO 63112

4 bd2 ba2,388 sfBuilt 1898

2 days ago

Gross spread$120,000

Description

OFF-MARKET BRICK DUPLEX | ST. LOUIS, MO Historic West End | BRRRR or Fix & Flip Opportunity Purchase Price: $80,000 | ARV: $195,000 | Estimated Rehab: $60,000 PROPERTY OVERVIEW Property Type: Two-Family Brick Duplex Year Built: 1898 Living Area: 2,400 Sq Ft Lot Size: 4,116 Sq Ft Location: Historic West End – Horton Place Addition Condition: Value-Add / Full Renovation Exit Strategies: BRRRR, Fix & Flip, Buy & Hold Located on a quiet, tree-lined street surrounded by historic brick homes, this off-market duplex offers significant upside for investors looking to capitalize on a desirable St. Louis rental market. Conveniently located near the Delmar Loop, Washington University, Forest Park, and the medical center corridor, offering access to major employment centers, universities, shopping, and entertainment. INVESTMENT NUMBERS Asking Price: $80,000 Estimated Repairs: $60,000 Total Purchase + Rehab: $140,000 Estimated ARV: $195,000 Potential Gross Spread: $55,000 Projected Monthly Rent: $2,600 Projected Annual Gross Rent: $31,200 Gross spread excludes closing costs, financing, holding costs, commissions, and other expenses. ARV & COMPARABLE SALES 6018 Horton Pl: Renovated 2,105 Sq Ft historic home sold for $210,000 in October 2025. Nearby Maple Ave: Renovated property sold for $208,500. Conservative Estimated ARV: $195,000 RENTAL INCOME POTENTIAL Renovated units in the surrounding area are estimated to rent for $1,150–$1,500 per unit, with a nearby updated duplex reportedly achieving $1,710/month for one unit. Projected Stabilized Rental Income: Unit 1: $1,300/month Unit 2: $1,300/month Total: $2,600/month | $31,200 annually Strong potential for a BRRRR investor seeking long-term rental income and equity creation. REHAB & PROPERTY CONDITION Property requires renovation. All ductwork throughout the property has been replaced with new ductwork. A/C equipment still needs to be purchased and installed. Estimated remaining rehab budget: $60,000. Historic brick construction with spacious two-family layout. INVESTMENT HIGHLIGHTS Off-market acquisition at just $80K Approximately $55K gross equity spread based on projected ARV New ductwork already installed Strong rental upside with projected $2,600/month income Multiple exit strategies: Flip, BRRRR, or long-term rental Historic neighborhood near WashU and the Delmar Loop CASH BUYERS ONLY | SOLD AS-IS Serious investors looking for a value-add brick duplex with strong rental potential and a favorable acquisition basis should take a closer look. Buyer to verify all property information, comparable sales, ARV, rental projections, square footage, renovation costs, and property condition. All financial figures are estimates and are not guaranteed.

$/sqft vs market

This deal$34/sqft
Market median$80/sqft
Difference−58% below

Median of 46 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms4
Bathrooms2
Square feet2,388
Lot size4,116 sf
Year built1898
ConditionMajor Repair
OccupancyVacant
ParkingOn street

Systems & condition

Roof age11-20 yrs
HeatingHeat pump · 0-5 yrs
Air conditioningCentral AC
FoundationSlab
Foundation conditionGood

Self-reported by the seller. Not inspected.

Property information

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