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St Louis, MO 63116
$229,900
$219,900
$98 / sq ft
2,250
Sq Ft Above Grade
0.081
Acres
Leased & Cash-Flowing Duplex – Fully Rehabbed, Zero Deferred Maintenance, Day-One Income 3623 Bamberger Ave in South St. Louis isn't just renovated — it's been gutted and rebuilt from the inside out, and it's already working for its next owner. Both units are leased at $1,095/month (owner pays W/S/T), and the big-ticket systems are already handled — this one got a full mechanical overhaul, not just paint and flooring. This is the deal investors chase: a fully occupied duplex with modern mechanicals and no startup lag. No vacancy to fill, no rehab to finish, no capital reserves tied up in systems on the verge of failing. Just a check that starts the day you close. Property Highlights: Duplex — each unit 2 Bed / 2 Bath (upstairs unit has a bonus room!) ~1,125 sq. ft. per unit Private parking pad in back Recent Upgrades: New roof New windows New furnace & hot water heater (both units) New plumbing throughout, including main sewer stack New bathroom vanities & toilets New LVP flooring in lower unit New kitchen appliances Current Status: Both units leased at $1,095/month each ($2,190/mo gross) Owner pays water/sewer/trash Why it works: Turnkey cash flow — step into a full rent roll on day one Zero-headache addition to a rental portfolio — mechanicals are done, tenants are in place Ideal 1031 exchange or portfolio-scaling buy — income starts immediately South City duplexes with this level of mechanical work — and tenants already in place — are rare. Most "rehabbed" listings mean paint and flooring; this one got new infrastructure top to bottom and a proven rent roll. The next owner isn't writing a check to a plumber, an HVAC tech, or a leasing agent. Don't sleep on this one — schedule your showing at 3623 Bamberger Ave today.
Listed: August 17, 2026 (59 days on market)
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