Listing provided courtesy of The AgencyMLS# 26013276MLS Provider
  • 113 days on site
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This Soulard 3-family comes with a duplex in the front of the parcel AND a single-family house in the rear of the parcel (3 units, 2 buildings) — giving you two properties for the price of one in one of St. Louis’ most desirable and walkable neighborhoods. The property is fully occupied and currently generates $4,650/month in rental income ($55,800 annually). The front duplex consists of a 1 bed / 1 bath unit currently rented for $1,100/month and a 2 bed / 2 bath unit currently rented for $1,450/month. In the rear of the parcel sits a beautifully updated 2 bed / 1.5 bath single-family home currently leased for $2,100/month. Between the two buildings is a private courtyard/backyard space, creating a unique separation between the properties and a great outdoor area rarely found in city investments. The rear single-family home feels like a true architectural showpiece, featuring high-end finishes and modern design throughout. The flexibility of this property is what makes it so special. An owner-occupant could live in the high-end rear home while the duplex in front produces over $2,500/month in rental income, potentially covering a large portion of the mortgage. Investors could also explore short-term rental potential, with AirDNA projections suggesting over $4,000/month per unit in possible Airbnb income. Located just steps from Duke’s, which offers a free shuttle to Cardinals, Blues, STL City SC games, and major downtown concerts, plus all the restaurants, bars, and nightlife that make Soulard one of the most vibrant neighborhoods in St. Louis. The property is fully occupied, preapproval/ proof of funds required to schedule a tour.

Source: Missouri - MARIS MLS, MLS#: 26013276

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  • Property Type
    Residential Income
  • Lot
    0.06 acres

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Melanie Jacobs McGraw

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 1007 Allen Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/8/2026Source: Missouri - MARIS MLS Added to Database
March 08, 2026