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  • Listed by: Emmanuel Jamar Realty Group • Beatrice C Covington • 314-709-7262
    $240,000

    1518 Salisbury St, Saint Louis, MO 63107

    3beds
    2baths
    1,580sqft
    : 
    $1,663/mo
    Get pre-qualified
    Multi Family
    Built in 1893
    -- sqft lot
    $-- Zestimate®
    $152/sqft
    $-- HOA
    This home is also for rent. View listing

    What's special

    Don't Miss This!! **INVESTOR OPPORTUNITY – FULLY LEASED, INCOME-PRODUCING PROPERTIES!** Exceptional opportunity to acquire up to 4 beautifully updated duplex properties totaling 8 income-producing units (8 doors) in St. Louis City! Each Duplex features a fully updated 1-bedroom apartment on the main level and a spacious, two-story, 2-bedroom, 1-bath upper unit with walk deck/porch. Improvements include updated kitchens/baths, flooring, major systems, new rear porches and decks, and additional off-street parking in the rear. All units are currently leased, including several long-term tenants, offering immediate rental income and established occupancy. Conveniently located near Downtown St. Louis and the National Geospatial-Intelligence Agency (NGA), these properties offer excellent long-term investment potential and possible future short-term rental opportunities, subject to applicable regulations. Properties may be acquired as part of an 8-door investment portfolio. See additional MLS listings **26070379, 26070370, 26070357 and 26070142**. Additional property information is available in the supplements, including existing leases.
    4 days
    22
    2

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Beatrice C Covington 314-709-7262,

    Emmanuel Jamar Realty Group,

    Toni R Pearson 636-849-6910,

    Emmanuel Jamar Realty Group

    Source: MARIS,MLS#: 26070357MLS LogoOriginating MLS: St. Louis Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Stainless Steel Appliance(s), Disposal, Free-Standing Gas Range, Refrigerator, Water Heater
      Features
      • Pantry
      • Flooring: Tile, Vinyl, Wood
      • Doors: Panel Door(s)
      • Basement: Unfinished
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 1,580
      • Total interior livable area: 1,580 sqft
      • Finished area above ground: 1,580

      Property

      Parking
      • Parking features: Additional Parking, Alley Access, On Site, On Street, Outside, Parking Lot, Paved
      • Has uncovered spaces: Yes
      Features
      • Levels: Two and a Half
      • Patio & porch: Deck, Rear Porch
      • Exterior features: Balcony, Entry Steps/Stairs, Lighting
      • Fencing: None
      Lot
      • Size: 2,295 Square Feet
      Details
      • Parcel number: 11790000500
      • Special conditions: Listing As Is

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Combination, Stone
      • Roof: Architectural Shingle
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1893

      Utilities & green energy

      • Electric: Ameren
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Park, Sidewalks, Street Lights
      • Subdivision: Farrars Add
      HOA
      • Has HOA: No
      Location
      • Region: Saint Louis

      Financial & listing details

      • Price per square foot: $152/sqft
      • Tax assessed value: $3,570
      • Annual tax amount: $367
      • Date on market: 11/4/2026
      • Listing terms: Cash,Conventional
      • Inclusions: Fixtures
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        11/4/2026Listed for sale$240,000+113.3%$152/sqft
        Source: MARIS #26070357 Report a problem
        8/13/2026Listed for rent$950+8.6%$1/sqft
        Source: Zillow Rentals Report a problem
        9/22/2022Price change$875+16.7%$1/sqft
        Source: Zillow Rental Network_1 Report a problem
        9/11/2022Listed for rent$750
        Source: Zillow Rental Network_1 Report a problem
        4/1/2017Listing removed$112,500$71/sqft
        Source: Keller Williams - Chesterfield #16078116 Report a problem
        11/11/2016Listed for sale$112,500$71/sqft
        Source: Keller Williams Realty Chester #16078116 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$320 +1.6%$3,570 +4.1%
        2024$315 +4.7%$3,430
        2023$301 -1.8%$3,430 +1.8%
        2022$307 +0.1%$3,370
        2021$306 +3.8%$3,370 +3.4%
        2020$295 $3,260 -0.3%
        2019$295 $3,270 +6.5%
        2018$295 +2.6%$3,070 -0.3%
        2017$287 -2.7%$3,080 -3.4%
        2016$295 +9.4%$3,190
        2015$270 +2.6%$3,190
        2014$263 $3,190 +2.9%
        2013$263 $3,100 +3%
        2012-- $3,010
        2011-- $3,010
        2010-- $3,010 -26.8%
        2009$301 -25.5%$4,110
        2008$404 $4,110 -38.7%
        2007$404 $6,710
        2006$404 +1%$6,710 +24.7%
        2005$400 +0.9%$5,380 +6.5%
        2004$397 +2.8%$5,050
        2003$386 +1278.1%$5,050 +5.9%
        2002$28 $4,770
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Hyde Park

        Getting around

        50 / 100
        Car-Dependent
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Dunbar And Br.
        • Middle: Blewett Middle
        • High: Beaumont Cte High School

        Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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