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$1,349,000
26041375 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.

504 Robert Ave, Ferguson
$94,900
3 Beds ⋅ 1 Baths ⋅ 26027894 MLS ⋅ ACTIVE Status
This 1950-built single-family residence features 3 bedrooms, 1 centralized bathroom, and a functional 906-square-foot main level footprint. Built in 1950, gleaming original hardwood flooring runs beneath the primary living spaces, leading to an eat-in kitchen layout equipped with solid cabinetry. Below, a partially finished basement supplies versatile bonus space alongside secondary utility and storage zones. Complete with an attached one-car garage for protected parking, the home sits on a manageable lot within a quiet, established 63135 neighborhood pocket, situated less than a mile from Griffith Elementary and nearby local community parks.

415 Millman Dr, St Louis
$122,900
3 Beds ⋅ 1 Baths ⋅ 26032464 MLS ⋅ ACTIVE Status
Welcome home to this move-in-ready 3-bedroom, 1-bath ranch offering comfort, convenience, and great outdoor living space. All three bedrooms are located on the main level, creating an easy and functional floor plan for everyday living. The bright living room provides a welcoming space for relaxing and entertaining, while the nicely sized eat-in kitchen offers plenty of room for meals, conversation, and daily gatherings. The full basement provides abundant storage space and endless possibilities for future use, including a home gym, hobby area, workshop, or additional flex space. Step outside to enjoy the fenced backyard, complete with a patio that's perfect for summer barbecues, morning coffee, or simply enjoying the outdoors. Off-street parking adds extra convenience and peace of mind. With its practical layout, outdoor living features, and move-in-ready condition, this charming home is ready for its next owner. Schedule your showing today!

517 Teston Dr, St Louis
$114,900
3 Beds ⋅ 2 Baths ⋅ 26006831 MLS ⋅ ACTIVE Status
Investment property with section 8 tenants in place. Property for sale as part of a portfolio of four properties ( 26006825 , 26006820, 26006827, 26006831).

631 Robert Ave, Ferguson