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Elizabeth Gregory

elizabeth@gregorylandgroup.com +1(660) 285-5423

$ 202,500

Est. payment | -/mo

1,565 SqFt

Save

$ 202,500

Est. payment | -/mo

Save

1,565 SqFt

Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Pending

Purchase Type For Sale

Square Footage 1,565 sqft

Price per Sqft $129

Subdivision Woodson Hills 3

MLS Listing ID 26034993

Style Other

Year Built 1960

Annual Tax Amount $2,328

Lot Size 10,319 Sqft

Acres 0.2369

Property Sub-Type 2-4 Units

Property Description

Turnkey income producing duplex at 9421-9423 Stansberry Avenue offering strong cash flow from day one. Currently generating $1,900 per month in gross rental income and operating at over a 9% cap rate, with room to increase, making this an attractive addition to any investor's portfolio. This well-maintained property features major capital improvements, including a new roof installed in 2019 and HVAC systems and water heaters replaced within the last 7 years.

Each unit offers its own private basement, providing additional storage space and added tenant appeal. Whether you're a seasoned investor looking to expand your rental portfolio or seeking a stable, cash-flowing asset in the county with proven income, this duplex delivers the combination of strong returns, tenant convenience, and long-term value. Don't miss the opportunity to acquire a property that is already working for you from the day you close.

Location

State MO

County St. Louis

Area 91 - Ritenour

Rooms

Basement Other

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N No

Building

Structure Type Brick

Schools

Elementary Schools Kratz Elem.

Middle Schools Hoech Middle

High Schools Ritenour Sr. High

School District Ritenour

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Lynne Hart • Real Broker LLC

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(660) 285-5423

elizabeth@gregorylandgroup.com

115 W Washington Street Kirksville, MO, 63501

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9421 Stansberry AVE St Louis, MO 63134