Description
Great Investment Opportunity - Whether you're looking to expand your rental portfolio or live in one unit while generating rental income from the other, this two-family property offers plenty of possibilities! The first-floor unit is currently vacant and ready for its next occupant, while the upper unit is occupied by a month-to-month tenant paying $900 per month.The property has benefited from numerous improvements over the years, including fresh interior paint in 2025 with additional touch-ups in 2026. Other notable updates include a TPO roof installed in 2015, sewer lateral replacement inside the building in 2015 and from the rear of the building to the street in 2019, a new rear deck in 2023, and basement tuckpointing completed in 2026. Both units also feature separate heating systems, and the water heaters were replaced approximately one year ago.With one unit already producing rental income and the other available for immediate occupancy or leasing, this property offers flexibility for both investors and owner-occupants. Add 439 Fassen Street to your investment portfolio and take advantage of this opportunity to own an income-producing property in St. Louis!
Details
| MLS # | 26067737 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 8 |
| Listing Provided By | The Hermann London Group LLC | Evelyn Sharp-Heitert |
Features
| SQ Feet | 2,066 |
|---|---|
| Basement | Y |
| Acreage | 0.08 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Appliances | Range, Refrigerator |
Exterior
| Roof | Flat |
|---|---|
| Construction Materials | Brick |
Parking
| Garage Yes / No | No |
|---|
Location
| Senior Community Yes / No | No |
|---|
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Ameren |
Taxes
| Property | 79674 |
|---|
Area Information
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63111 |
| Area | South City |
| Community Name | Carondelet Addn |
| School District | Roosevelt High |
| Elementary School | Woodward Elem. |
| High School | Roosevelt High |
| Listing VS Median (in Carondelet Addn) | |
Price: $160,000 low | high Med: $160,000 sqft: 2,066 low | high Med: 2,066 $ / sqft: $77 low | high Med: $77 On site: 8 low | high Med: 8 | |
Market Activity 63111
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Listings courtesy of Maris MLS as distributed by MLS GRID.
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Contact
Learn More About This Property
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63111 |
| Area | South City |
| Community Name | Carondelet Addn |
| School District | Roosevelt High |
| Elementary School | Woodward Elem. |
| High School | Roosevelt High |
| Listing VS Median (in Carondelet Addn) | |
Price: $160,000 low | high Med: $160,000 sqft: 2,066 low | high Med: 2,066 $ / sqft: $77 low | high Med: $77 On site: 8 low | high Med: 8 | |
