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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.

  • Year Built
    1953
  • Architectural Style
    Ranch
  • Construction Materials
    Vinyl Siding
  • Living Area
    816.0
  • Cooling
    Central Air
  • Heating
    Forced Air

  • Acres
    0.2342

  • Area
    65 - McCluer South
  • County
    St. Louis
  • City
    Berkeley
  • Neighborhood
    Kinloch Park
  • Zip Code
    63134
  • High School
    Mccluer South-Berkeley High
  • Middle School
    Berkeley Middle
  • Elementary School
    Berkeley Elementary School

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Frequently Asked Questions

How do I schedule a tour of 8433 1st?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 8433 1st.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 8433 1st?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,349,000. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Berkeley, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 8433 1st?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 8433 1st at around $7,393. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 8433 1st?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in St. Louis County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 8433 1st?

In most cases, yes. Whether 8433 1st is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Berkeley's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 8433 1st?

We can handle that for you. Our preferred local agent specializes in residential incomes in Berkeley and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,349,000 with 816 sqft of space—that comes out to approximately $1,653 per square foot.

How long has this property been on the market?

8433 1st was listed on July 03, 2026, which means it's been on the market for 126 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1953, making it approximately 73 years old.

What is the lot size of this property?

8433 1st sits on a 0.23-acre lot, which is 10,019 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Berkeley Elementary School
  • Middle: Berkeley Middle
  • High: Mccluer South-Berkeley High

Want to see how these schools compare? Check out our St. Louis County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 8433 1st?

The most recent public record shows annual property taxes for 8433 1st were approximately $942. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 8433 1st still available for sale?

This home is pending sale, which means the seller has accepted an offer. You can favorite it to track status or ask our expert to help you find similar homes in this area. We'll also let you know if this property comes back on the market.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 06, 2026 at 12:37PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Source: MARIS MLS | MLS#: 26041366