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Undisclosed Address

Unincorporated, Missouri, 63137, United States

Property ID: #14098422 // Residential // Source Status: Pending
    / 29
Traditional Sale
List Price:
USD $105,000
Icon 854 ft²
Icon 0.15 acres
Icon 3 beds
Icon 1 baths
City:
Unincorporated
State:
Missouri
Zip Code:
63137
County:
St. Louis
Neighborhood:
Glasgow Village Unit 5
Country:
United States
Property Type:
Residential
Additional Property Types:
Residential, Single Family
Year Built:
1953
Property Size:
854 ft²
Lot Size:
0.15 acres
Beds:
3
Total Baths:
1
Data Source:
MARIS MLS
MLS/Reference Number(s):
26041432
Source Status:
Pending
Source Property Type:
Residential, Single Family Residence

Property Provided By

  • Matt Guignon
  • Invest St. Louis
  • +1 (314) 707-8314

Property Information

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.

Source Disclaimer

MARIS MLS

Based on information submitted to the MLS GRID as of 2026-08-28 20:50:11 UTC. 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.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2026-10-30 01:39:33. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

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