1319 Woodland Dr Saint Louis, MO 63117

TWO neighboring DUPLEXES (4 units total) in RICHMOND HEIGHTS for sale located at 1319 and 1323 Woodland Drive, situated on separate parcels with the seller preferring to sell both buildings together in a single transaction. Each property features two spacious ~900-square-foot 1-bedroom, 1-bath units with classic layouts that include a dedicated living room, dining room, and a charming sunroom off the bedroom, a highly desirable feature for tenants. Value-add opportunity with room to raise rents over $500/month per unit if upgrades are made. Current rents range from $945 to $1,095 per unit, generating $4030/month in in-place income. Leases have staggered end dates, making this an ideal setup for an investor to renovate one unit at a time and steadily force appreciation without disrupting the entire rent roll. With cosmetic and finish upgrades, market rents are projected at $1,650 or more per unit, equating to $6,600 per month or $79,200 annually. There is also strong upside through furnished rentals or leasing by the bedroom to travel nurses, with potential rents exceeding $2,000 per unit per month due to proximity to Barnes-Jewish Hospital, SSM Health, and Washington University. These properties are extremely popular with Washington University students and medical professionals thanks to their location, layout, and neighborhood appeal. Notably, the buildings appraised for $580,000 in Fall 2025, yet the seller is offering them at a significant discount for a quick, as-is sale, presenting a rare chance to walk into substantial equity on day one, potentially exceeding $100,000. This is a true value-add asset in a blue-chip location, priced to sell. OPEN HOUSE will be held THIS SUNDAY, January 25th from 1:00 PM to 3:00 PM. Offers are due Monday at 7:00 PM, with the winning offer to be selected by Tuesday at noon. All units are occupied, units can only be showed with an accepted contract or at the open house!