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$204,900
3 Beds 2 Baths 26043796 MLS ACTIVE Status
Arguably the most bang-for-your-buck 4-bedroom (3 true & 4th nonconforming in finished basement) listing on the market! Feast your eyes on this top-to-bottom fully renovated home with an unmatched main level, finished basement & peaceful backyard to match the interior. First steps into your forever home land you in an open concept layout furnished with a massive living room, all new kitchen complete with conveying appliances, soft-close drawers, quartz countertops, eye popping backsplash, & statement chandelier in the dining area to tie it all in. The remaining main level layout is complete with 3 spacious bedrooms & a bathroom you have to see to believe it isn't AI generated. Yes, that stunning! Downstairs you will find a nonconforming 4th bedroom, enormous family room complete with a quartz-topped signature bar & 2nd bathroom with a floor-to-ceiling tile shower. Outside, enjoy a covered concrete patio, elegant plant life, & completely fenced in for seclusion. Once you step foot in, you won't want out!

10434 Canfield Dr, St Louis

$264,900
2 Beds 1 Baths 26042904 MLS ACTIVE Status
Okay, this one's actually kind of a big deal. Not to be dramatic, but this house is doing a lot. Fully renovated, so no "I'll get to it eventually" projects waiting for you — it's already done, and done well. New finishes throughout, that clean-and-put-together feel the second you walk in. Very "adult who has their life together" energy, even if you don't (no judgment, we've all been there). And Richmond Heights? Chef's kiss, honestly. Highway's right there so your commute isn't a whole thing, shopping close enough for a spontaneous Target run, and there's good food nearby so "what do you want for dinner" doesn't turn into a 20-minute negotiation. Quiet street, though — so you still get to come home and decompress like a normal person. Basically: it's renovated, it's in a great spot, and it's not going to sit on the market being humble about it. Come see it before you're the one saying "wait, it's already pending?!"

7917 Hicks Ave, St Louis

$64,900
3 Beds 1 Baths 26043619 MLS ACTIVE Status
Opportunity awaits at 10441 Spring Garden Dr! This 3-bedroom, 1-bath ranch is ready for its next chapter after many years as a long-term rental. Whether you're an investor searching for your next renovation project, a buyer looking to build equity, or someone eager to customize a home to your own style, this property offers incredible potential. Inside, you'll find a functional single-level floor plan with hardwood floors ready to be restored to their original beauty. A full basement provides valuable storage space and additional possibilities for a workshop, recreation area, or future finishing. Outside, the spacious backyard offers room for entertaining, gardening, or play. Conveniently located near shopping, dining, schools, parks, and major highways, this home combines a great location with an excellent opportunity to add value. Property is being sold AS IS. Seller will make no repairs, warranties, or inspections. Bring your ideas and vision to transform this classic ranch into a beautiful home or a strong addition to your investment portfolio!

10441 Spring Garden Dr, St Louis

$460,000
5 Beds 3 Baths 26043320 MLS ACTIVE Status
A Public open house will be held this Sunday, 8/16/26 from 1-4. This desirable home is Back on the Market, at no fault of the Seller. It is a spacious, beautiful 5-bedroom ranch home. It is being sold in “As Is” condition, however, the Seller will have all of the Manchester Occupancy Inspection items that didn't pass, repaired prior to closing. All appliances and safes to stay. The vaulted ceilings and skylights were added when the new roof was added in 2022. The main floor was updated with Brazilian Cherry hardwood floors. There is a primary bedroom with an ensuite bathroom and two other bedrooms and an additional full bathroom on the main floor. Downstairs has a walkout recreation room, two more bedrooms and a full bath. There are over 3,000 square feet. The neighborhood has a swimming pool, tennis court, and a pond to enjoy fishing. Glan Tai is in the award-winning Parkway West school district. There is easy access to shopping and highways to get you downtown and to the airport in less than 30 minutes. Any offers need to have a 48 hour response time.

513 Glan Tai Dr, Manchester

$150,000
3 Beds 1 Baths 26037236 MLS ACTIVE Status
Welcome home to 155 Lynn Meadows Ln, tucked in a quiet North County Florissant neighborhood minutes from Koch Park, Bangert Park, and Saint Ferdinand Park — with splash pads, walking paths, an aquatic center, and pavilions all nearby for easy weekend fun. This mid-century gem has been freshly painted throughout, giving every room a bright, move-in-ready feel, while original hardwood floors have been uncovered and are ready to shine. The full bathroom features a brand-new vanity, and true MCM character lives on in the basement rec room, complete with a quintessential built-in bar perfect for entertaining. A usable attached garage adds everyday convenience, and the spacious backyard is a blank slate — ready for the garden, patio, or play space you've been dreaming of. Close to shopping, dining, schools, and easy highway access throughout Florissant and North St. Louis County, this home blends classic charm with modern updates in a location that's hard to beat. Schedule your showing today.

155 Lynn Meadows Ln, Florissant

$164,500
2 Beds 1 Baths 26043266 MLS ACTIVE Status
Welcome home to this charming, move-in-ready ranch offering the perfect blend of comfort and updates! The open concept kitchen features brand-new appliances and flows seamlessly into the main living area, making it ideal for everyday living and entertaining. Enjoy the convenience of main-floor laundry, a cozy sunroom, two comfortable bedrooms, and a beautifully updated full bathroom. Step outside to a spacious deck overlooking the large backyard perfect for relaxing, grilling, or entertaining guests. Additional updates include a newer roof and a brand-new HVAC system, providing comfort and peace of mind for years to come. Don't miss this wonderful opportunity to own a beautifully updated home with modern conveniences and plenty of outdoor space. Easy access to schools, highways, restaurants, and shopping.

914 Dammert Ave, St Louis

$269,900
4 Beds 3 Baths 26043018 MLS ACTIVE Status
NOW OFFERED AT $269,900! Discover exceptional value in this beautifully renovated 4-bedroom, 3-bath home in Ferguson. Offering 1,560 square feet of thoughtfully updated living space, this impressive renovation features a spacious open-concept floor plan, a gourmet kitchen with a large center island and stainless-steel appliances, updated bathrooms, and luxury vinyl plank flooring throughout. The newly added primary suite provides a private retreat with a stunning walk-in shower. Enjoy additional living and entertaining space in the finished basement or unwind on the expansive new deck overlooking the backyard. Conveniently located near shopping, parks, schools, and major highways, this stylish, move-in-ready home is ready for its new owner. Schedule your private showing today!

225 Day Dr, Ferguson

$174,900
3 Beds 1 Baths 26042726 MLS ACTIVE Status
Welcome home! This well-maintained ranch offers comfortable one-level living with a bright, inviting layout and plenty of natural light throughout. The spacious living room flows into an eat-in kitchen featuring white cabinetry, stainless steel appliances and plenty of room to gather. Updated lighting and fresh, neutral finishes make the home feel clean and move-in ready, while the bedrooms offer comfortable space and ceiling fans. The updated bathroom features modern finishes, a stylish vanity and a tiled tub surround. Outside, you'll find a fully fenced backyard with plenty of room to relax, entertain, garden or let the pups run. The covered carport and patio area add even more functional outdoor space. Cute, clean and ready for its next owner—schedule your showing today!

200 Falcon Dr, Florissant

$389,900
3 Beds 2 Baths 26043012 MLS ACTIVE Status
Stop the search—this is the one you've been waiting for! Every inch of this stunning 3-bedroom, 2-bath ranch has been thoughtfully renovated, delivering the perfect combination of style, quality, and low-maintenance living. Step inside to over 1,500 square feet of beautifully updated living space featuring fresh paint, new flooring, modern lighting, new doors, and updated baseboards throughout. The show-stopping kitchen is sure to impress with custom cabinetry, granite countertops, stainless steel appliances, and an open, inviting feel that's perfect for everyday living or entertaining. The spacious primary suite includes a beautifully renovated private bath with a custom tile shower, while the second full bath has also been completely remodeled with gorgeous custom tile finishes. Need more space? The partially finished basement rec room is ready for movie nights, game days, a home office, or whatever fits your lifestyle. The updates don't stop inside. Enjoy the peace of mind that comes with a new roof, siding, windows, sliding glass door, soffits, fascia, landscaping, new plumbing stacks, and a whole-home generator that keeps you comfortable and prepared no matter the weather. The expensive projects have already been done—you simply get to enjoy them. Located in a neighborhood you'll be proud to call home, 1036 Orchard Lakes Dr. offers the rare opportunity to own a truly move-in-ready home with virtually nothing left to do. Homes with this level of renovation, attention to detail, and valuable upgrades don't come along often. Schedule your showing today before someone else calls it home!

1036 Orchard Lakes Dr, St Louis

$197,900
3 Beds 2 Baths 26039478 MLS ACTIVE Status
Welcome to this beautiful 3-bedroom, 1.5-bathroom home located in the desirable Whitecliffe Park 1 neighborhood.This charming west-facing home features a desirable open-concept floorplan, creating a seamless and airy flow throughout the main living areas. The updated kitchen is a standout, beautifully finished with sleek granite countertops and modern stainless steel appliances. Perfect for relaxation and privacy, the primary bedroom boasts its own attached primary bathroom and a large walk-in closet. The interior is completed by a blend of comfortable carpet and durable vinyl/laminate flooring, leading down to a partially finished basement that offers excellent versatility for your lifestyle needs. Step outside to find a fully fenced-in backyard, ideal for outdoor gatherings and activities, along with the convenience of an attached 1-car garage. This property presents an exceptional opportunity to embrace a comfortable and convenient lifestyle near local parks, restaurants, and vibrant city activities.

6706 Vineland Dr, Hazelwood

$524,900
4 Beds 3 Baths 26042779 MLS ACTIVE Status
Huge price cut for a quick sale! This spacious 4-bedroom ranch home featuring a vaulted family room, private backyard, and finished walk-out basement is ready for its next fortunate owner. The exterior has been beautifully updated with new siding, concrete patios, and a new sidewalk, enhancing both curb appeal and functionality. Inside, the home offers a vaulted family room, along with separate living and dining rooms, all enhanced with new light fixtures and recessed lighting. Major mechanical upgrades include a new electric water heater and a high-efficiency Trane HVAC system, providing comfort and peace of mind. The updated kitchen features 42-inch wood cabinetry, granite countertops, and stainless steel appliances, with plenty of space for a full-size dining table. Additional highlights include three updated bathrooms, six-panel doors, refinished hardwood floors, and Pella windows throughout. The finished walk-out lower level provides exceptional additional living space with a large great room, extra sitting area, and a private office—perfect for entertaining, family gatherings, or kids’ activities. This move-in ready, turn-key property offers space, updates, and versatility. Don’t wait—homes like this sell quickly! Owner is a Missouri Realtor.

924 Fernview Dr, Creve Coeur

$275,000
3 Beds 3 Baths 26040700 MLS ACTIVE Status
LOW NEW PRICE & better than before. Come check out this fantastic home! Buyer backed out due to medical reasons & seller repaired/replaced any important issues from inspection. Ready to move in with a passed municipal and freshly painted! Welcome home to this beautifully maintained, freshly painted 3-bedroom, 3-bath ranch backing to common ground, in the desirable Stonegate Estates at Jamestown! From the inviting covered front porch to the peaceful & private, professionally landscaped backyard, this home offers the perfect blend of comfort, style, and functionality. Step inside to discover warm wood flooring throughout the main living areas and a spacious, open layout designed for everyday living and entertaining. The expansive kitchen is the heart of the home, featuring a large center island with a hard-surface countertop, pendant lighting, abundant cabinetry, tile flooring, and a bright eat-in dining area perfect for gathering with family and friends. The main level also offers the convenience of a laundry room, a welcoming living room, and a comfortable family room with wood burning fireplace. The spacious primary suite serves as a private retreat with a walk-in closet and a well-appointed ensuite bath. Two additional bedrooms, each with plush carpeting, provide ample space for family, guests, or a home office. The professionally finished lower level adds exceptional living space, ideal for a recreation room, media area, home gym, and additional space for a hobby room, and includes a walking cedar closet for added storage. Outside, you’ll enjoy a smartly landscaped backyard designed for privacy, relaxation, complete with a concrete patio and a peaceful setting that’s perfect for morning coffee or evening entertaining. This move-in-ready home with a total of almost 3000 square feet combines quality finishes, thoughtful updates, and a fantastic location in Stonegate Estates. Don’t miss the opportunity to make this exceptional ranch your next home & add your finishing touches.

12939 Broadridge Ln, Black Jack

$460,000
4 Beds 4 Baths 26042659 MLS ACTIVE Status
Beautifully Renovated 4-Bedroom Home in the Desirable Rockwood School District! Don't miss this beautifully renovated 4-bedroom, 3.5-bath home in a fantastic location! Situated on an oversized half-acre lot, the property features a fully fenced backyard with a 6-foot privacy fence, offering plenty of space for entertaining, pets, or play. Inside, you'll find stunning updates throughout, including custom tile work in every bathroom, new flooring, modern lighting, and a gorgeous kitchen with white shaker cabinets, a custom tile backsplash, quartz counter tops, new appliances, a beverage cooler, and a newer refrigerator. An additional two-bedrooms on the main floor offer an interior private entrance and spacious bathroom featuring double sinks, providing excellent flexibility for multi-generational living, guests, or a home office setup. The spacious primary suite includes a beautifully updated ensuite bath, a walk-in closet with a convenient stackable laundry option, plus an additional laundry area in the basement. Enjoy relaxing in the cozy family room with a wood-burning fireplace and sliding glass doors leading to the backyard patio.The finished basement adds even more living space with an additional bedroom, a full bath with double sinks and recreation room. With its extensive renovations, flexible floor plan, oversized lot, and prime location, this home offers exceptional value. Schedule your showing today—Welcome Home!

216 Hillsdale Dr, Ballwin

$169,900
2 Beds 3 Baths 26042642 MLS ACTIVE Status Villages At Barrington Downs Sec K BLDG.
Welcome home to easy, low-maintenance living in the highly desirable Barrington Downs community! This beautifully maintained condominium offers the perfect combination of comfort, convenience, and lifestyle with an open floor plan designed for both everyday living and effortless entertaining. Step inside to discover a spacious great room highlighted by soaring vaulted ceilings, a skylight, and a patio walkout that fills the home with an abundance of natural light. The inviting gas fireplace serves as the focal point of the living space, creating the perfect atmosphere for relaxing evenings or gathering with family and friends. The thoughtfully designed kitchen overlooks both the dining area and great room, allowing the cook to remain part of every conversation. Ample cabinetry, generous counter space, and an open layout make meal preparation both functional and enjoyable while maintaining sightlines throughout the main living area. The spacious primary suite offers a peaceful retreat with plenty of room for large furnishings, generous closet space, and a private ensuite bath. A comfortable guest bedroom and a second full bathroom complete the main level, providing flexibility for family members, overnight guests, or even a home office. Convenience continues with main-floor laundry, eliminating the need to carry laundry between levels, while the attached one-car garage offers secure parking and additional storage. The partially finished lower level expands your living space with a large recreation room perfect for movie nights, game days, hobbies, a home gym, or additional entertaining space. A half bathroom adds exceptional convenience, while the unfinished storage area provides plenty of room for seasonal decor, workshop space, or future customization to meet your needs. One of the greatest benefits of this home is the truly maintenance-free lifestyle. With a monthly HOA fee of less than $400, you'll enjoy the freedom of leaving exterior maintenance behind. The association covers lawn care, landscaping, snow removal, water, trash service, and exterior insurance, allowing you more time to enjoy life instead of maintaining a home. Barrington Downs offers outstanding community amenities designed to complement your lifestyle. Residents enjoy access to a refreshing swimming pool during the summer months, a community clubhouse perfect for gatherings and private events, and a well-equipped fitness center just steps from home. Whether you're looking to stay active, socialize with neighbors, or simply relax, this community has something for everyone. Annual fee of $500 covers community amenities. The location is equally impressive. Conveniently situated near Sioux Passage Park, outdoor enthusiasts will appreciate easy access to walking trails, picnic areas, playgrounds, and scenic green space. The nearby Lindbergh business corridor provides endless shopping, dining, grocery stores, medical facilities, entertainment, and everyday conveniences. Major highways are easily accessible, making commuting throughout the St. Louis metropolitan area quick and convenient. Whether you're a first-time buyer, looking to downsize, or simply seeking a low-maintenance lifestyle without sacrificing space or amenities, this home checks all the boxes. Bright, open living spaces, three full bathrooms, a finished lower level, desirable community amenities, and an unbeatable location make this an exceptional opportunity you won't want to miss. Schedule your private showing today and discover why Barrington Downs continues to be one of the area's most sought-after condominium communities!

16054 Rose Wreath Ln, Florissant

$229,000
3 Beds 2 Baths 26042628 MLS ACTIVE Status
Nice home on a Cul-De-Sac, located in a quiet established neighborhood with updates that include New Vinyl Plank Flooring, New Lights and Ceiling Fans, New Bathroom Mirrors and All Freshly Painted! The exterior of the home has maintenance free Vinyl Siding and Brick Accents that include a large Brick Planter for Wonderful Curb Appeal. The Roof is only 5 years old, All Appliances Currently in the Home will Stay for the New Owner to Enjoy. The Hall Bath has been Updated. The Primary Bedroom has a convenient Half Bath. The Slider in the Kitchen walks out to a wonderful Covered Patio and is the perfect spot for Outdoor Entertaining. The Backyard is Partially Fenced and has a nice Shed for storing all of your Lawn Equipment and is also great for storing Bikes and any other Outdoor Accessories. The Basement has updated Vinyl Plank Flooring, is partially Finished, includes a Sump Pump and awaits your finishing touches. Make your appointment today to see this wonderful home!

1800 Apple Blossom Ct, Florissant

$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

$1,349,000
26041358 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.

17 Godfrey Ln, Ferguson

$1,349,000
26041366 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.

8433 1st St, Berkeley

$105,000
3 Beds 1 Baths 26041432 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.

Unincorporated

$115,000
3 Beds 1 Baths 26041438 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.

10256 Lord Dr, St Louis

$109,000
3 Beds 2 Baths 26041444 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.

10053 Monarch Dr, St Louis

$105,000
3 Beds 1 Baths 26041453 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.

1226 Baron Ave, Spanish Lake