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$1,349,000
26041344 MLS ⋅ ACTIVE Status
Rare opportunity to acquire a 12-home single-family rental portfolio offered as one package in the St. Louis market. Located throughout Spanish Lake, Ferguson, and Unincorporated North St. Louis County, the properties are positioned within close proximity for efficient management and maintenance. The portfolio features a desirable unit mix of all 3- and 4-bedroom homes, creating strong tenant demand from both Section 8 voucher holders and market-rate renters. Professionally managed and largely renovated/rent-ready, the portfolio offers a strong mix of in-place income with immediate lease-up upside. Current gross rental income is approximately $11,519/month, with four vacant homes fully rent-ready and actively being leased. Seller anticipates at least two additional homes leased prior to closing, increasing in-place income to approximately $14,100/month. Fully stabilized pro-forma gross rental income is projected at approximately $16,700/month, with estimated annual operating expenses of approximately $53,000 and projected stabilized NOI of approximately $147,000/year. At the $1,350,000 asking price, the portfolio offers a projected stabilized cap rate approaching 10.9%. An excellent opportunity for investors seeking immediate scale, efficient scattered-site operations, dependable rental demand, and value-add upside through lease-up of rent-ready homes.

1123 Rhea Ave, Spanish Lake
$94,900
3 Beds ⋅ 1 Baths ⋅ 26027702 MLS ⋅ ACTIVE Status
Classic 3-bedroom and 1-bathroom brick ranch home built in 1959 features 999 square feet of functional single-level living space. The interior layout centers around solid construction, featuring a simple, practical floor plan that leads down to a full basement with extensive storage capacity or great potential for a future completed lower level. The exterior showcases a classic mid-century brick facade paired with a grassy backyard, a concrete patio slab, and mature trees providing natural shade. Located in St. Louis County, this solid residence provides quick proximity to local North County parks, neighborhood schools, and local commuting loops.

11617 Larimore Rd, St Louis
$79,900
2 Beds ⋅ 1 Baths ⋅ 26033347 MLS ⋅ ACTIVE Status
Charming 2-bedroom, 1-bath ranch located in the Larimore Hills subdivision of unincorporated St. Louis County. This single-family home provides 864 sq ft of living space on a level lot. Built in 1959, the property features a functional layout with a spacious living room, eat-in kitchen, and full basement providing additional storage or potential use. Convenient off-street parking and easy access to major highways, schools, and local amenities.

1200 Congress Ave, St Louis
$94,900
3 Beds ⋅ 1 Baths ⋅ 26025070 MLS ⋅ ACTIVE Status
Charming single-family residence located in a quiet residential pocket of St. Louis. This cozy home offers comfortable living with a practical layout designed for everyday convenience. The interior features a welcoming living area with natural light, a functional kitchen space, and well-proportioned bedrooms suitable for a variety of lifestyles. The property includes a standard residential setup with one primary bedroom and additional secondary bedroom(s), providing flexibility for family living, guests, or home office use. The home sits on a manageable lot with a private yard space, ideal for outdoor relaxation, gardening, or entertaining. Conveniently located near major roadways, schools, parks, and local amenities, this home provides easy access to shopping, dining, and daily essentials while maintaining a peaceful neighborhood feel. Utilities are fully serviced by public infrastructure, including electricity, water, sewer, and natural gas. Whether you're a first-time buyer, investor, or looking to downsize, this property offers solid potential in an established community. Don’t miss the opportunity to own a well-situated home in a growing area of North St. Louis County.

1112 Rhea Ave, St Louis
$86,000
3 Beds ⋅ 1 Baths ⋅ 26019657 MLS ⋅ ACTIVE Status
Charming 3-bedroom, 1 full bath home with great potential! This property features a fenced backyard, perfect for pets, outdoor gatherings, or added privacy. Inside, you'll find a functional layout and an unfinished basement offering plenty of storage or future expansion opportunities. Conveniently located near Highway 270, providing easy access to shopping, dining, and commuting routes. Ideal opportunity for investors or owner-occupants looking to add value with light cosmetic updates. Property is being sold as-is. Occupancy inspection required. Don’t miss your chance to make this home your own or add it to your rental portfolio!

1144 June Ave, St Louis
$99,900
3 Beds ⋅ 1 Baths ⋅ 26015745 MLS ⋅ ACTIVE Status
Welcome to this beautifully updated ranch-style home offering comfort, functionality, and great value. Situated on a spacious lot, this property features a classic exterior with a long driveway, mature trees, and plenty of yard space for outdoor enjoyment. Step inside to a bright and inviting living area filled with natural light and complemented by updated flooring and neutral finishes throughout. The kitchen offers ample cabinet storage, generous counter space, and a functional layout that flows seamlessly into the dining area—perfect for everyday living or entertaining guests. The home features well-sized bedrooms with fresh paint, updated flooring, and convenient closet space. The full bathroom has been refreshed with clean, modern touches, creating a move-in ready feel. Downstairs, the full basement provides a large open space with endless potential—ideal for storage, a workshop, home gym, or future finishing to add additional living space. Outside, enjoy a sizable backyard with room to relax, garden, or entertain. The extended driveway offers plenty of off-street parking for multiple vehicles. Whether you're a first-time homebuyer, investor, or looking to downsize, this property offers a great combination of updates, space, and potential. Conveniently located near shopping, dining, and major roadways, this home is ready for its next owner. Schedule your showing today!

1130 Congress Ave, St Louis
$96,500
3 Beds ⋅ 1 Baths ⋅ 26010160 MLS ⋅ ACTIVE Status
Property is currently being rented and is under lease.

1126 Prigge Ave, Unincorporated