6730 Vermont Ave

The hard work is already done. This Carondelet brick single-family was fully renovated in 2024–2025 — remodeled kitchen, updated bathrooms, new LVP flooring throughout, and plumbing and electrical systems brought current. The property is vacant and rent-ready. A buyer closes and begins leasing immediately, with minimal near-term capital expenditure required.

Market rent for a 3-bedroom SFR in Carondelet (zip 63111) ranges from $1,400–$1,700/month based on current Zillow Rentals and Rentometer data. The $1,600/month base scenario used below sits at the market midpoint.

Duplex conversion opportunity. This two-story brick property has a natural upper/lower configuration — 785 sq ft per floor — that lends itself to a duplex conversion with minimal investment and proper permitting. A buyer who pursues this path could unlock a second rental unit, significantly improving the income multiple and asset value. Buyers should conduct their own zoning review with the City of St. Louis to confirm feasibility.

Carondelet sits 5 miles west of downtown, bounded by Meramec Ave and the Mississippi River corridor. Walkable to schools, parks, retail, and public transit. Strong owner-occupant renovation activity alongside consistent investor demand.