Published May 26, 2026

Historic Character, Modern Finish, Immediate ROI: The Investor Case for 2421 S 13th Street in Soulard

Written by Lauren Johnson

1887 historic brick sidewinder exterior facade at 2421 S 13th Street Soulard St Louis

Not every great Airbnb investment needs to stop you in your tracks. Sometimes the strongest play is the property that is completely dialed in: renovated thoughtfully, priced competitively, and ready to generate revenue without a single day of additional work.

Built in 1887 as a classic Soulard sidewinder, this 3-bedroom, 4-bathroom home has been comprehensively updated while preserving the original details that make historic Soulard properties so compelling for short-term rental guests. At 2,248 square feet on a double lot, priced at $479,900 with a $2,500 closing cost credit currently on the table, it is the kind of opportunity that moves fast.

Move-in ready, list-it-tomorrow condition

From the moment you step inside, it's clear this renovation was done with intention. Original hardwood floors have been freshly refinished throughout. The kitchen is brand new, with white shaker cabinets, solid-surface countertops, stainless appliances, a kitchen island, gold hardware, and pendant lighting that photographs beautifully. The primary suite has a private deck, a walk-in closet, and an oversized new bathroom. The second bedroom features a wood-burning stove set into an original exposed brick surround.

Outside, the property sits on a rare double lot with a fenced yard, a gazebo and garden area, a detached two-car garage with an additional paved parking spot, and an EV charging station. A new TPO roof was also just installed in April 2026.

The basement changes the math

One of the most compelling features of this property is its multi-family zoning designation. The finished basement has its own legal bedroom, brand new full bathroom, separate exterior entrance, and walkout access. Investors could run the main two floors as a premium short-term rental while generating long-term rental income from the basement, or list the entire property as a larger group accommodation. That kind of flexibility is rare at this price point, and it meaningfully changes the income potential of the investment.

The Soulard STR market is one of St. Louis's strongest

Soulard has a walk score of 69 and a transit score of 77. It sits next to Anheuser-Busch, a dense restaurant and bar corridor, and some of the city's most consistent visitor traffic year-round. AirDNA gives the submarket a 96 out of 100. Comparable 3-bedroom listings nearby are generating between $47,000 and $66,000 annually, with average daily rates from $173 to $368. AirDNA projects $50,700 in annual revenue specifically for this address.

The financial case is straightforward.

At $479,900 with a DSCR loan at 6.99% and 25% down, the monthly payment is around $3,012 with $133,252 cash to close. Property taxes run $5,525 annually. With projected revenue of $50,700 and operating expenses of around $19,800, net operating income comes in at approximately $30,800. The seller is offering a $2,500 closing cost credit and accepts conventional, VA, and cash financing. There is no HOA, three bedrooms on the main floors, plus a legal basement bedroom, a double lot, two-car garage, and a new roof. This one is built to perform from day one.