Affordable Single-Family Investment in East Saint Louis – Rehab Opportunity Minutes from Downtown St. Louis

Full Description

1335 N 39th St, East Saint Louis, IL 62204 – Single-Family Fixer with Major Upside Near Downtown STL 2 Bedrooms | 1 Bathroom | Solid Rental Area | Low Entry Cost Located in a stable residential neighborhood, this single-family home at 1335 N 39th St is an ideal opportunity for investors looking for high cash flow potential and a strong price-to-rent ratio. With modest repairs and updates, this home can easily serve as a long-term rental or quick flip. ✨ Property Highlights: 🛏 2 Bedrooms 🛁 1 Bathroom 🏠 Efficient layout, ideal for low-maintenance ownership 📍 Quiet side street near public transit and main road access 🔧 Needs rehab throughout – perfect for investors with vision 🏙 Only minutes from downtown St. Louis and major highways 📈 Comparable Sales in East Saint Louis, IL: 1340 N 42nd St – Sold for $54,000 (2 Bed / 1 Bath) 1250 N 44th St – Sold for $49,500 (2 Bed / 1 Bath) 1333 N 38th St – Sold for $47,000 (2 Bed / 1 Bath) 🌆 Why Invest in East Saint Louis? East Saint Louis offers unbeatable value for investors targeting affordable rental markets. With easy access to St. Louis job centers and regional infrastructure, this area continues to attract long-term renters and Section 8 demand. Highlights include: Close proximity to MetroLink, downtown STL, and major employers Extremely low acquisition cost with strong rent potential Local revitalization projects and redevelopment incentives Investor-friendly policies and steady tenant base Whether you're buying for cash flow, appreciation, or value-add resale, 1335 N 39th St is a smart addition to any portfolio.