Excellent investment opportunity in St. Joseph! This spacious brick duplex offers 3 bedrooms and 1.5 bathrooms on each side, providing an attractive unit mix for investors and tenants alike. Each unit currently rents for *$975 per month*, generating *$1,950 in monthly gross rental income*. Inside, both sides offer generously sized living spaces, large kitchens, dedicated dining areas, ample natural light and a combination of wood and wood-look flooring. The property also features basement space for additional storage and a large rear deck overlooking the yard. The classic brick exterior gives the property plenty of character, while the functional floor plans and three-bedroom layouts provide excellent long-term rental potential. Conveniently located near Downtown St. Joseph, Frederick Avenue, local parks, shopping and everyday amenities, with easy access to I-229 and US-36 for commuters. Whether you're looking to expand an existing rental portfolio or purchase your first multifamily investment, this property offers two income-producing 3-bedroom units for under $200,000.
| MLS # | 2638310 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1922 |
| Days On Site | 9 |
| Listing Provided By | Platinum Realty LLC | Omar Herrera |
| Basement | Y |
|---|---|
| Story(s) | 2 |
| Units | 2 |
| Zoning | R-4 |
| Acreage | 0.27 |
| Property | 3206 |
|---|
| State | MO |
|---|---|
| County | Buchanan |
| City | St Joseph |
| Zip Code | 64501 |
| Area | 1132 Buchanan Co NW N=Co Line;S=I 36;E=I 29;W=M |
| Community Name | Other |
| School District | Lafayette |
| Elementary School | Lindbergh |
| High School | Lafayette |
| Listing VS Median (in Other) | |
Price: $195,000 low | high Med: $269,950 On site: 9 low | high Med: 47 | |
| State | MO |
|---|---|
| County | Buchanan |
| City | St Joseph |
| Zip Code | 64501 |
| Area | 1132 Buchanan Co NW N=Co Line;S=I 36;E=I 29;W=M |
| Community Name | Other |
| School District | Lafayette |
| Elementary School | Lindbergh |
| High School | Lafayette |
| Listing VS Median (in Other) | |
Price: $195,000 low | high Med: $269,950 On site: 9 low | high Med: 47 | |