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Three-Story Duplex
For Sale
$299,900

3938 Iowa Ave, Saint Louis, MO 63118

Two-unit multifamily property with private laundry, a rear yard, and off-street parking in South St. Louis City.

Property Size2,970 SF
Price / SF$100.98
Days on Market48

Property Features for 3938 Iowa Ave

General Information

Standard status Active
Size 2,970 SF
Property subtype Residential Income

Units

Unit Mix 1 x 1BR/1BA, 1 x 3BR/2.5BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,561

Amenities

private laundry
center island
walk-in closet
private rear yard
off-street parking

Building Details

Stories 3
Construction brick
Listing Agency: Hybrid Real Estate
Listed By: Mark Butler
Source: Exprealty
Added: Jul 15 Changed: Aug 30 Last Checked: Aug 30 at 7:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hybrid Real Estate

Investment Insights

Based on property information with market context.

This 2,970-square-foot, three-story duplex contains two distinct residences with a shared front entrance and basement. The lower unit offers one bedroom, one bathroom, a kitchen with a center island, and a dedicated laundry room. The upper residence spans the second and third floors and includes three bedrooms, 2.5 bathrooms, its own kitchen island, private laundry, and a primary suite with a walk-in closet and full bathroom.

The property includes a private rear yard and off-street parking. The first-floor unit is vacant and available for showings, while the upper unit is occupied under a lease scheduled to end 12/31/2026. The property is located on Iowa Avenue in South St. Louis City.

Key Highlights

  • 2,970‑square‑foot, three‑story duplex with two residential units
  • Lower unit includes 1 bedroom, 1 bathroom, center‑island kitchen, and private laundry
  • Upper unit spans the second and third floors with 3 bedrooms and 2.5 bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Dental Office Locksmith Home Appliance Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

736
Businesses Nearby

Demographics for 63118, MO

25,194
Population
14,770
Households
1.7
Avg Household Size
34
Median Age
38%
College-Educated
87%
High-School Grad
3.4 sq mi
ZIP Area
7,410
Density / Sq Mi
$57,268
Median Household Income
$44,717
Median Earnings
$952
Median Rent
$210,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit multifamily property with private laundry, a rear yard, and off-street parking in South St. Louis City.
Where is this duplex located?
The property is located at 3938 Iowa Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 2,970‑square‑foot, three‑story duplex with two residential units; Lower unit includes 1 bedroom, 1 bathroom, center‑island kitchen, and private laundry; Upper unit spans the second and third floors with 3 bedrooms and 2.5 bathrooms
More about this property
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