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$295,000 Just Listed
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Property Description
This exceptional investment opportunity offers both immediate cash flow and long-term value. Featuring a brand-new roof, the property eliminates one of the largest potential capital expenditures, giving investors peace of mind from day one. The property includes a spacious 3-bedroom, 3-bathroom unit, along with two additional 2-bedroom units, creating a highly desirable unit mix that appeals to a wide range of tenants. This rare configuration in South City supports strong occupancy, long-term tenancy, and consistent rental income. With nearly 4,500 square feet, the property boasts an incredibly low price per square foot-creating a substantial equity cushion compared to replacement cost. Investors will appreciate the scale, efficiency, and upside potential this asset provides. Delivering an impressive 14.5% cap rate, this is a true high-performing asset with tremendous cash flow, ideal for investors looking to grow and scale their portfolio quickly. Don't miss this rare opportunity to secure a high-yield property in a strong rental market!
Full Property Details
Full Property Details for 3941 Minnesota Ave
General
- Price: $295,000
- Taxes: $1,546 (2024)
- Status: Active
- Type: Single Family
- Source: MARIS
- MLS ID: 26012534
- Updated: 4/2/2026
- Added to Site: 2 day(s) ago
Location
- Area: 3 - South City
- County: St Louis City
- Township: St. Louis City
- Subdivision: Ameiss Sub
- Neighborhood: Dutchtown
- Driving Directions: Ask Siri to take you to 3941 Minnesota Ave
School Information
- High School District: St. Louis City
- Elementary School: Meramec Elem.
- Middle School: Fanning Middle Community Ed.
- High School: Roosevelt High
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Available
Structural Information
- Architectural Style: Apartment Style, Other
- Roof: Flat
- Square Feet: 4,480
- Year Built: 1922
Lot Features
- Lot Size (Acres): 0.1306
- Lot Size (Sq. Ft.): 5,688.94
Financial Considerations
- Tax Amount: $1,546
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listing As Is
- Disclosures/Reports: Occupancy Permit Required
- Property ID: 2572-00-0285-0
Listed by EXP Realty, LLC
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Schools
Schools serving 3941 Minnesota Ave
School District:St. Louis City School District
| Name | Grades | Distance |
|---|---|---|
Meramec Elementary School, St. Louis, MO 2745 Meramec St, St. Louis, MO 63118 | PK-5 | 0.4 mi |
Fanning Middle Community Ed. 3417 Grace Ave, St. Louis, MO 63116 | 6-8 | 0.9 mi |
Roosevelt High School 3230 Hartford St, St. Louis, MO 63118 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3941 Minnesota Ave
Date
Details
Price
Change
Source
4/02/2026
Listed
$295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3941 Minnesota Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,546
-25%
$25,090
37%
2024
$2,063
40%
$18,360
—
2023
$1,471
13%
$18,360
17%
2021
$1,303
—
$15,670
—
2022
$1,305
—
$15,670
3%
2021
$1,303
4%
$15,260
—
2019
$1,255
-1%
$15,260
3%
2018
$1,262
2%
$14,880
—
2017
$1,241
-4%
$14,880
-2%
2016
$1,288
10%
$15,260
—
2015
$1,168
15%
$15,260
15%
2014
$1,018
—
$13,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3941 Minnesota Ave
3941 Minnesota Avenue, Saint Louis, MO 63118 (MLS# 26012534) is a Single Family property with 0 bedrooms and 0 full bathrooms. 3941 Minnesota Avenue is currently listed for $295,000 and was received on April 02, 2026. Want to learn more about 3941 Minnesota Avenue? Do you have questions about finding other Single Family real estate for sale in Saint Louis? You can browse all Saint Louis real estate or contact a Coldwell Banker agent to request more information.

