Great investment opportunity in South City! This 4-unit property offers solid bones, functional layouts, and strong value-add potential for an investor looking to build equity and increase rental income.
Two units are currently vacant and being intentionally held open for easy showings and buyer access. All four units are in livable condition, with additional upside through cosmetic updates and improvements. Seller has prospective tenants ready for the vacant units but prefers to keep them open during the sale process.
With renovation and repositioning, units may have the potential to achieve approximately $950–$1,000/month in rent, offering attractive future cash-flow potential. Buyer to verify rents, expenses, and projections.
Property features a solid structure and is ready for the next owner to bring their vision and improvements.
Property is being sold AS-IS. Seller will make no repairs. Inspections are welcome for buyer's knowledge and informational purposes only.
Showings begin Thursday, August 20, 2026. All offers are welcome!
Active
Listed by: LPT Realty LLC • Johnny T Nguyen • 314-728-0789
$239,000
3812-3814 Chippewa St, Saint Louis, MO 63116
4beds
4baths
3,570sqft
Multi Family
Built in 1928
-- sqft lot
$-- Zestimate®
$67/sqft
$-- HOA
What's special
Functional layouts
- 20 days
- 529
- 43
Zillow last checked:
Listing updated:
Listed by:
Johnny T Nguyen 314-728-0789,
LPT Realty LLC
Source: MARIS,MLS#: 26050638
Originating MLS: St. Louis Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Other
Cooling
- Ceiling Fan(s)
Appliances
- Laundry: In Basement
Features
- Ceiling Fan(s)
- Flooring: Ceramic Tile, Combination, Luxury Vinyl
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,570
- Total interior livable area: 3,570 sqft
Property
Parking
- Total spaces: 4
- Parking features: Additional Parking, Alley Access, On Site
- Garage spaces: 4
Accessibility
- Accessibility features: Accessible Doors, Accessible Entrance, Accessible Hallway(s)
Features
- Levels: Two
- Exterior features: Balcony, Private Yard
- Fencing: Fenced
Lot
- Size: 6,721 Square Feet
- Features: Back Yard
Details
- Parcel number: 41760000900
- Special conditions: Listing As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Combination, Stone
- Roof: Shingle
Condition
- Year built: 1928
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available
Community & HOA
Community
- Features: Fitness Center, Playground, Restaurant, Sidewalks, Public Bus
- Subdivision: Grand Gravois Park Add
HOA
- Has HOA: No
Location
- Region: Saint Louis
Financial & listing details
- Price per square foot: $67/sqft
- Tax assessed value: $18,640
- Annual tax amount: $1,554
- Date on market: 8/20/2026
- Listing terms: 1031 Exchange,Cash,Contract,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/16/2026 | Listed for sale | $239,000+199.1%$67/sqft |
Source: | ||
| 11/5/2010 | Listing removed | $79,900$22/sqft |
Source: NRT StLouis #10054919 Report a problem | ||
| 10/1/2010 | Listed for sale | $79,900$22/sqft |
Source: NRT StLouis #10054919 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,554 +4.9% | $18,640 +7.3% |
| 2024 | $1,482 +5.1% | $17,370 |
| 2023 | $1,411 +7.4% | $17,370 +11.7% |
| 2022 | $1,313 +0.1% | $15,550 |
| 2021 | $1,312 +7.3% | $15,550 +6.3% |
| 2020 | $1,222 | $14,630 |
| 2019 | $1,222 | $14,630 +18.5% |
| 2018 | $1,222 +14.4% | $12,350 |
| 2017 | $1,068 +27.6% | $12,350 +28% |
| 2016 | $837 +10% | $9,650 |
| 2015 | $760 +0.3% | $9,650 |
| 2014 | $758 | $9,650 +0.2% |
| 2013 | $758 | $9,630 -32.5% |
| 2012 | -- | $14,270 |
| 2011 | -- | $14,270 |
| 2010 | -- | $14,270 -27.6% |
| 2009 | $1,337 -5.6% | $19,700 |
| 2008 | $1,417 | $19,700 -13.4% |
| 2007 | $1,417 | $22,760 |
| 2006 | $1,417 +1% | $22,760 +14.5% |
| 2005 | $1,403 +25.1% | $19,870 +32.7% |
| 2004 | $1,121 +2.9% | $14,970 |
| 2003 | $1,089 +19.7% | $14,970 +23.3% |
| 2002 | $910 | $12,140 |
| 2001 | -- | $12,140 +1.6% |
| 2000 | -- | $11,950 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Dutchtown
Nearby schools
Schools provided by the listing agent
- Elementary: Oak Hill Elem.
- Middle: Long Middle Community Ed. Center
- High: Roosevelt High
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





