514 N 24th St
Investment Opportunity – Duplex at 514 N 24th St, St. Joseph, MO
This spacious duplex presents a prime value-add opportunity for investors looking to maximize returns in St. Joseph. Each unit features one bedroom and one bathroom, offering comfortable living spaces with separate electrical meters, making utility management simple for tenants.
With an estimated After Repair Value (ARV) of $160K+, this property has significant upside potential. Current market rents suggest $750 per unit per month, providing a solid cash flow opportunity once renovations are completed.
A $30K per unit rehab budget would be needed to bring the property up to full market value, making this an excellent project for investors looking to create equity and strong rental income.
Don’t miss out on this high-potential duplex—perfect for a fix-and-hold strategy or a lucrative flip opportunity in a growing rental market!
ARV: $160,000
Asking Price: $50,000
Estimated Rehab: $60,000
Estimated Rent: $750/mo per unit
*Rehab descriptions are provided as a courtesy. We strive to help investors have a better understanding of possible needs and numbers. Information provided here is NOT an exhaustive scope of work nor is it a bid for contractor and labor. Please do your own due diligence as numbers/ARV are not guaranteed; they are based on our current knowledge of the property/market, experience, and a quick walk through.