High-Potential Single-Family Fixer in Cahokia Heights – Affordable Investment Minutes from Downtown St. Louis

Description

731 Mildred Ave, Cahokia Heights (East St. Louis), IL 62206 – Classic Single-Family Fixer in a Quiet Residential Neighborhood 2 Bedrooms | 1 Bathroom | Solid Block | Great Rental or Flip Potential https://www.redfin.com/IL/East-Saint-Louis/731-Mildred-Ave-62206/home/136123927 https://www.zillow.com/homedetails/731-Mildred-Ave-Cahokia-IL-62206/5253394_zpid/ This affordable single-family home sits in the heart of Cahokia Heights, a newly formed municipality encompassing parts of East Saint Louis. Located on a quiet residential street, 731 Mildred Ave offers the perfect opportunity for investors seeking a strong value-add project with proximity to the St. Louis metro area. ✨ Property Highlights: 🛏 2 Bedrooms 🛁 1 Bathroom 🏡 Nice-sized lot with yard and tree coverage 🔧 Full rehab required – ideal for contractors and DIY investors 🚗 Room for off-street or street parking 📍 Located minutes from Route 3, I-255, and local shopping corridors 📈 Comparable Sales in the Area: 718 Mildred Ave – Sold for $51,000 (2 Bed / 1 Bath) 741 Thompson Ave – Sold for $49,000 (2 Bed / 1 Bath) 810 Mildred Ave – Sold for $47,500 (2 Bed / 1 Bath) 🌆 Why Invest in Cahokia Heights? Formed from the merger of Cahokia, Alorton, and Centreville, Cahokia Heights offers a unique opportunity for investors. With increasing development attention and direct access to downtown St. Louis, this area features: Strong demand for affordable rentals Low acquisition and holding costs Proximity to MetroLink, parks, and retail corridors Attractive returns for Section 8 and workforce housing strategies 731 Mildred Ave is priced to move and ready for your vision. A smart buy for any investor seeking value and upside just minutes from the Gateway City.