Rock Island Realty

Traditional

1036 Theobald Street

St Louis, MO 63147

MLS#: 26047530

$225,000

Status: Active
Listing number: 26047530
Listing provided by: Golde Real Estate LLC
Listing agent phone: None
Last update: 17 days ago
On site: a month ago
Browse Properties
Walter Place Add - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1907

Sq.Footage

2,300

Monthly income of $2,090. Beloved, broker-owned 3-family with a duplex in front and a bonus house in back. Includes a vacant lot with boundary survey. All three 1-bedroom units are fully occupied by long-term tenants. Rear house rented for $795 (with Section 8 voucher). First floor in duplex rented for $700 (Section 8 voucher). Second floor rented for $595. Lots of original and vintage charm. Tuckpointing freshly done. Dry basement. Newer furnaces and newer water heaters. Newer ACs. No differed maintenance. Management can stay. Picturesque street, atop the neighborhood's tallest hill. Street is bookended by two active churches and a pre-school, and is anchored by Baden School, scheduled for rehab by Lutheran Development Group. Lots of potential at Broadway and Halls Ferry. Don't miss a nice investment opportunity.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Wall/Window Unit(s)

  • Fireplace YN

    NO

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1694

  • Lot Size(square feet)

    7,379

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Traditional

Price

  • Sales Price

    $225,000

  • Tax Amount

    $453

  • Sq. Footage

    2,300

  • Price/SqFt

    $97

HOA

  • Association

    No

School District

  • Elementary School

    Herzog Elem.

  • Middle School

    Yeatman-Liddell Middle School

  • High School

    Vashon High

Property Features

  • New Construction

    NO

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

St Louis City

Elementary School

Herzog Elem.

Middle School

Yeatman-Liddell Middle School

High School

Vashon High

Listing Courtesy of Michael Golde , Golde Real Estate LLC

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Erica Holtschneider

Agent / Realtor®

Erica Holtschneider

Call Erica today to schedule a private showing.

(573) 286-8065

erica@homeatthelake.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Monthly income of $2,090. Beloved, broker-owned 3-family with a duplex in front and a bonus house in back. Includes a vacant lot with boundary survey. All three 1-bedroom units are fully occupied by long-term tenants. Rear house rented for $795 (with Section 8 voucher). First floor in duplex rented for $700 (Section 8 voucher). Second floor rented for $595. Lots of original and vintage charm. Tuckpointing freshly done. Dry basement. Newer furnaces and newer water heaters. Newer ACs. No differed maintenance. Management can stay. Picturesque street, atop the neighborhood's tallest hill. Street is bookended by two active churches and a pre-school, and is anchored by Baden School, scheduled for rehab by Lutheran Development Group. Lots of potential at Broadway and Halls Ferry. Don't miss a nice investment opportunity.

1036 Theobald Street

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Rock Island Realty via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

New on site today
Looking for the next addition to your rental portfolio? This turn-key brick 4-family is the perfect opportunity! All four units have been updated and are tenant occupied! Each unit is a 1-bedroom, 1-bathroom with spacious living areas, off-street parking, and shared basement area. Property is being sold as-is. Seller to do no inspections or repairs.
#26053990

St Louis

115 Eichelberger Street

None Beds

None Baths

N/A

$249,900

MLS#: 26053990

New on site 1 day ago
Looking for that perfect investment property with strong cash flow and minimal maintenance? This fully renovated Mt. Pleasant duplex offers the investor landlord all the benefits of a turn key property with 2 large completely renovated units, already fully leased. All new wiring, plumbing, HVAC (forced air furnace and central AC), kitchens, bathrooms, flooring and paint done in 2024. Each unit is about 1,100 sq ft. The 1st floor is 2 bedrooms and 1 bathroom while the 2nd floor has 3 bedrooms, 1 bathroom. Handsome and well maintained building under professional management with ~$3k in monthly rents. Off street parking available with parking pad at the alley. Photos of the interior are from before the current tenant moved in. Please do not disturb tenants. Property being sold AS IS.
#26054389

St Louis

4702 Minnesota Avenue

None Beds

None Baths

2,200 Sq.Ft.

$185,000

MLS#: 26054389

New on site 2 days ago
**TURNKEY INVESTMENT OPPORTUNITY!** Add this updated two-family property to your portfolio and start generating income from day one. Both units feature **2 bedrooms and 1 full bath** and have been recently updated, offering an attractive option for investors looking for a stabilized, income-producing property. The building features **central heating and air conditioning** along with numerous updates throughout. Both units are currently occupied by paying tenants, with the **1st-floor unit renting for $900/month and the 2nd-floor unit renting for $975/month**, providing **$1,875 in monthly rental income**. Whether you're expanding an existing portfolio or looking for your next multifamily investment, this property offers a strong combination of updates, occupancy, and established rental income. **Please do not disturb tenants. All showings must be coordinated through the listing agent. Call today to schedule your appointment!**
#26053678

St Louis

3543 Tennessee Avenue

None Beds

None Baths

2,110 Sq.Ft.

$199,900

MLS#: 26053678

New on site 3 days ago
This 1914 all-brick two-family property in St. Louis's historic Shaw neighborhood features 2,816 total square feet of living space and iconic architectural character. Highlights include a classic covered front porch, a second-story walk-out balcony/terrace, separate main entries, full brick construction. Positioned on a 0.08-acre lot on De Tonty Street, this multi-unit residence provides flexible layout options.
#26054078

St Louis

3808 De Tonty Street

None Beds

None Baths

2,816 Sq.Ft.

$245,000

MLS#: 26054078

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!
#26050638

St Louis

3812-3814 Chippewa Street

None Beds

None Baths

3,570 Sq.Ft.

$239,000

MLS#: 26050638

INVESTOR OPPORTUNITY IN GRAVOIS PARK! This four-family features four 1-bedroom units, with one already rented and three ready for minor repairs and updates. A great opportunity for an investor looking to add value or an owner-occupant who wants to live in one unit, rent another, and improve the remaining units over time. Located in Gravois Park, just minutes from Cherokee Street, and Tower Grove Park. Gives an easy commute to Saint Louis University and Harris-Stowe State University. With nearby parks, dining, shopping and entertainment, 3530 Arkansas offers the space and flexibility to build a solid rental portfolio at your own pace.
#26051027

St Louis

3530 Arkansas Avenue

None Beds

None Baths

3,494 Sq.Ft.

$210,000

MLS#: 26051027

Leased & Cash-Flowing Duplex – Fully Rehabbed, Zero Deferred Maintenance, Day-One Income 3623 Bamberger Ave in South St. Louis isn't just renovated — it's been gutted and rebuilt from the inside out, and it's already working for its next owner. Both units are leased at $1,095/month (owner pays W/S/T), and the big-ticket systems are already handled — this one got a full mechanical overhaul, not just paint and flooring. This is the deal investors chase: a fully occupied duplex with modern mechanicals and no startup lag. No vacancy to fill, no rehab to finish, no capital reserves tied up in systems on the verge of failing. Just a check that starts the day you close. Property Highlights: Duplex — each unit 2 Bed / 2 Bath (upstairs unit has a bonus room!) ~1,125 sq. ft. per unit Private parking pad in back Recent Upgrades: New roof New windows New furnace & hot water heater (both units) New plumbing throughout, including main sewer stack New bathroom vanities & toilets New LVP flooring in lower unit New kitchen appliances Current Status: Both units leased at $1,095/month each ($2,190/mo gross) Owner pays water/sewer/trash Why it works: Turnkey cash flow — step into a full rent roll on day one Zero-headache addition to a rental portfolio — mechanicals are done, tenants are in place Ideal 1031 exchange or portfolio-scaling buy — income starts immediately South City duplexes with this level of mechanical work — and tenants already in place — are rare. Most "rehabbed" listings mean paint and flooring; this one got new infrastructure top to bottom and a proven rent roll. The next owner isn't writing a check to a plumber, an HVAC tech, or a leasing agent. Don't sleep on this one — schedule your showing at 3623 Bamberger Ave today.
#26052952

St Louis

3623 Bamberger Avenue

None Beds

None Baths

2,250 Sq.Ft.

$229,900

MLS#: 26052952

Check out this beautifully renovated Duplex in a great location with a rare double corner lot!! A standout opportunity near Holly Hills and Carondelet Park. This solid brick two-family offers exceptional flexibility—live in one unit and rent the other, place your own tenants, or add it to your investment portfolio. Each spacious unit features one bedroom and one bathroom. The upper unit is now leased for $900/month and the bottom unit is staying vacant for a new owner, but has many applicants at nearly 1000/month! Seller-reported recent improvements include updated kitchens and bathrooms, paint, flooring, electrical rewiring, sewer lateral replacement, tuckpointing, some window-glass replacement, exterior trim and gutter work, and deck repairs. With added outdoor space, extra privacy, and both units ready for their next occupants, this is a South City opportunity worth seeing.
#26051414

St Louis

5021 Ray Avenue

None Beds

None Baths

1,536 Sq.Ft.

$194,900

MLS#: 26051414

This is a group of 6 buildings, two of them will be demolished, so you will have 4 buildings with 12 units and two lots. All are in close proximity to each other. Thee of the buildings were rehabbed about 25 years ago with all new plumbing, electric, windows, HVAC, drywall, and more. The fourth building was new construction at the time. It has 2-4 bedroom 2 1/2 bath townhouses. 7 of the units are vacant and have had some damage from the 2025 tornado. But with the work that has been dome, you will have a good basis to start with. The rehabs were done with LIHTC tax credits, so there are some rental restrictions and the new buyer and management company must be approved by MHDC, which may be a two month process. There is another group of 7 buildings that is also available.
#26049438

St Louis

4042 Palm Street

None Beds

None Baths

3,744 Sq.Ft.

$240,000

MLS#: 26049438

This is a group of 6 buildings, two of them will be demolished, so you will have 4 buildings with 12 units and two lots. All are in close proximity to each other. Three of the buildings were rehabbed about 25 years ago with all new plumbing, electric, HVAC, drywall, and more. One of the buildings was new construction at the time. It has 2-4 bedroom 2 1/2 bath townhouses. 7 of the units are vacant and have had some damage from the 2025 tornado. But with the work that has been done, you have a good basis to start with. The rehabs were done with LIHTC tax credits, so there are some rental restrictions and the new buyer and management must be approved by MHDC, which may be a two month process. There is another group of 7 buildings that is also available.
#26049440

St Louis

4129 W Kossuth Avenue

None Beds

None Baths

2,208 Sq.Ft.

$240,000

MLS#: 26049440

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Rock Island Realty via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Rock Island Realty via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service