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$115,000
3 Beds 1 Baths 26041460 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.

1224 Reale Ave, St Louis

$129,900
3 Beds 2 Baths 26034723 MLS ACTIVE Status
Passed Occupancy Inspection! Welcome to 1130 Trampe Ave, a great opportunity for both owner-occupants and investors. This charming home features a functional layout, spacious living areas, and a generous yard, all within an established North St. Louis County neighborhood. Conveniently located near parks, shopping, dining, schools, and major commuter routes. For investors, the property offers strong rental potential with an estimated Fair Market Rent of approximately $1,350 per month. Property is being sold as-is. Seller will not perform repairs relating to inspections. Buyers are welcome to perform any inspections for their own information. Any required repairs shall be the responsibility of the buyer. No seller financing available.

1130 Trampe Ave, Unincorporated

$140,000
3 Beds 1 Baths 26013525 MLS ACTIVE Status
Exceptional Fully Renovated Three Bedroom Ranch Home on Slab Foundation Featuring Two Car Oversized Tandem Garage on Double Driveway, Brand New Roof, New HVAC Furnace & A/C Systems, Updated Energy Efficient Vinyl Windows, and Stunning New Flooring Throughout! Large Front Living Room with Overhead Recessed & Ceiling Fan Lighting, Corner Wet Bar w/ Built-In Shelving, Coat Closet, and Three Large Windows allowing for Plenty of Natural Light. Separate Dining Room Adjacent to Brand New Kitchen with Walls of Cabinetry, Butcher Block Countertops, and Full Set of Stainless Steel Appliances! Spacious Master Bedroom with Overhead Ceiling Fan Lighting and Two Large Closets. Two Additional Generous Size Bedrooms with Large Closets share Brand New Bathroom with Ceramic Tiled Shower Walls & Flooring. Enjoy the Coming Spring Season from the Brand New Deck Overlooking the Full Fenced Backyard. Call Your Full Time Realtor for Questions or to Schedule Your Showing Today!

1147 Northdale Ave, St Louis