3900 Missouri Ave, St. Louis, MO, 63107

Purchase Price: $67,500

Duplex Conversion - 4 Bedrooms, 2 Bathrooms

Duplex Semi-detached - St. Louis MO

We recently bought this 4BD/2BA duplex in St. Louis from our maintenance man in May for $67,500. The 2nd floor suite was being rented out for $500/month which was well below market rent and the suite on the main floor was vacant and in the process of being rehabbed.

Our initial plan was complete the renovation of the main floor suite and rent it out as soon as the work was done.

After inspecting the property, we realized the basement had a separate entrance and with the addition of another bathroom it could be turned into a large bachelor’s suite for extra rental income.


Purchase Price- $67,500
Rehab Costs- $30,000
ALL IN COST- $97,500
ARV- $152,300 (Estimate from Zillow)
Instant Equity- $54,800






NOI= Income – Expenses




Property Features
  • Duplex Semi-detached
  • 4 bed
  • 2 bath
  • 2 Parking Spaces
  • 2 Garage