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(636) 260-2853
Coldwell Banker
8347 Octavia Ave, St Louis, MO 63136
- $75,000
- 2
- BD
- 1
- BA
- 750
- SqFt
- List Price
- $75,000
- Days on Market
- 28
- MLS#
- 26060301
- Status
- ACTIVE
- Bedrooms
- 2
- Full baths
- 1
- Living Sq. Ft
- 750
- Lot Size
- 3,676
- Acres
- 0.08
- Year Built
- 1934
- Subdivision
- Mayfair Park
- Municipality
- Jennings
- School District
- Jennings
- County
- St. Louis
- Listing Type
- Single Family Residential
- Property Type
- Bungalow
- Style Description
- Bungalow
Property Description
This brick bungalow will be a rock-solid performer in your portfolio! It features 750 sf of living space with two beds, one bath, living room, dining room, eat-in kitchen - freshly renovated before the current tenant moved in. In the basement you’ll find storage space, laundry hookups, mostly PVC stack, updated electric panel, electric water heater, and gas furnace. Parking is plentiful with a detached 1-car garage, driveway, and on-street parking. The entire sewer lateral was replaced from under the foundation out to the main in 2026, adding to your peace of mind. Close to restaurants and shopping, and Norwood Hills Country Club. Tenant occupied, so no showings without an accepted offer (contingent on viewing, of course); current lease is through 4/30/27. Do not walk the property or disturb the tenant, please. Tenant is up to date and pays $1,150 per month = $13,800 gross annual income. Taxes, insurance, sewer, and maintenance clock in at $3,686, resulting in an NOI of $10,114 – a 13.49% cap rate at asking price. May be sold with 3512 West Pl (MLS ID: 26060263) and 10169 Imperial (MLS ID: 26060202) if desired.
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Additional Information
- Elementary School
- Northview / Gary Gore
- Jr. High School
- Jennings Jr. High
- Sr. High School
- Jennings High
- Garage Spaces
- 1
- Parking Description
- Driveway, Garage, Off Street
- Basement Description
- Full, Unfinished
- Lot Description
- Back Yard
- Appliances
- Electric Range, Refrigerator
- Cooling
- Ceiling Fan(s), Central Air
- Sewer
- Public Sewer
- Heating
- Forced Air, Natural Gas
- Water
- Public
- Selling Terms
- 1031 Exchange, Assumable, Conventional, Private
Listing courtesy of Tammy Derrigan. Worth Clark Realty
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