$105,000
Address Withheld Saint Louis, MO 63137
- 3
- beds
- 1
- baths
- 854
- sqft
- 1953
- year built
- Status:
- Pending
- MLS #:
- 26041432
- Neighborhood:
- Glasgow Village Unit 5
- County:
- St. Louis
- Listed By:
- Matt Guignon - Invest St. Louis
- Agent Phone:
- (314) 707-8314
- Agent Email:
- Matt@investstl.com
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
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.
-
- Bedrooms
- 3
-
- Bathrooms
- 1
-
- Year Built
- 1953
-
- Architectural Style
- Ranch
-
- Construction Materials
- Vinyl Siding
-
- Living Area
- 854.0
-
- Cooling
- Central Air
-
- Heating
- Forced Air
-
- Acres
- 0.1521
-
- Lot Features
- Level
-
- Utilities
- Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
-
- Water
- Public
-
- Area
- 31 - Riverview Gardens
-
- County
- St. Louis
-
- City
- Saint Louis
-
- Neighborhood
- Glasgow Village Unit 5
-
- Zip Code
- 63137
-
- High School
- Riverview Gardens Sr. High
-
- Middle School
- R. G. Central Middle
-
- Elementary School
- Lewis and Clark Elem.
-
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Price History
| 07/03/2026 | Listed | $105,000 |
| Source: MARIS MLS #26041432 | ||
| 12/16/2024 | Off Market | — |
| Source: MARIS MLS #24076330 | ||
| 12/16/2024 | Off Market | — |
| Source: MARIS MLS #24076330 | ||
| 04/10/2023 | Off Market | — |
| Source: MARIS MLS #23019450 | ||
| 07/20/2023 | Sold | |
| Source: MARIS MLS #23019450 | ||
| Price Changed | $43,500 | |
| Source: MARIS MLS #23019450 | ||
| 04/10/2023 | Listed | $49,900 |
| Source: MARIS MLS #23019450 | ||
Source: MLS Data
Deed History
| 07/25/2023 | Warranty Deed | $39,000 |
| 05/22/2019 | Quit Claim Deed (non-arm's length) | $0 |
| 06/25/2008 | Special Warranty Deed | $40,800 |
| 02/05/2008 | Special Warranty Deed | $0 |
| 08/29/2007 | Trustee’s Deed (Certificate of Title) | $93,350 |
| 09/20/2004 | Warranty Deed | $86,759 |
| 03/03/2004 | Special Warranty Deed | $45,000 |
| 12/05/2003 | Trustee’s Deed (Certificate of Title) | $45,000 |
| 12/02/1998 | Warranty Deed | $61,900 |
Source: Public records via Constellation Data Labs
Mortgage History
| 05/24/2019 | Commercial | $3,102,900 |
| 08/24/2006 | FHA | $3,938 |
| 09/20/2004 | FHA | $85,209 |
| 12/02/1998 | $46,200 |
Source: Public records via Constellation Data Labs
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Source: ez Home Search, MLS Data
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What is the price per square foot for this home?
This home is listed at $105,000 with 854 sqft of space—that comes out to approximately $123 per square foot.
How long has this property been on the market?
was listed on July 03, 2026, which means it's been on the market for 129 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?
sits on a 0.15-acre lot, which is 6,534 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Lewis and Clark Elem.
- Middle: R. G. Central Middle
- High: Riverview Gardens Sr. 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 ?
The most recent public record shows annual property taxes for were approximately $1,343. 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 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 09, 2026 at 03:34PM. 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#: 26041432