224 Roderick Dr Saint Louis, MO 63137
Estimated payment $670/month
Highlights
- Ranch Style House
- No HOA
- Forced Air Heating and Cooling System
About This Home
224 Roderick is a solid turnkey rental opportunity for any new or experienced investor. The property is currently leased to a Section 8 tenant for $1,200 per month, with the lease in place through April 2027. This property is part of an 8 home single family rental portfolio, and the seller would prefer to sell the portfolio together or in groups, though each home is also being offered individually. The portfolio is made up entirely of 3 bedroom houses, including six 3 bed 1 bath homes, one 3 bed 1.5 bath home, and one 3 bed 2 bath home. 6/8 houses currently occupied, with current rents totaling $8,140 per month. Once the two vacant units are leased, scheduled rents are projected to reach $10,640 per month. There is also additional upside as units turn, with pro forma rents projected to exceed $11,000 per month. Ownership and management have been hands on and proactive during their time operating the portfolio, with a focus on maintaining safe, solid housing and keeping the properties in good condition making this portfolio a true turnkey investment. Most of the tenants are Section 8, with one market rate tenant currently in place, providing stable income in a strong rental area. The properties are also located near one another, which helps from both a management and operational standpoint. This is a great opportunity for an investor looking to add quality rental doors to an existing portfolio, or for someone looking to get started with a well positioned group of income producing properties.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,366
Year Built
- Built in 1955
Home Design
- Ranch Style House
- Traditional Architecture
- Frame Construction
Interior Spaces
- 927 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Glasgow Elem. Elementary School
- R. G. Central Middle School
- Riverview Gardens Sr. High School
Additional Features
- 6,499 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 10D-12-0785
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,102 | $14,370 | $780 | $13,590 |
| 2024 | $1,102 | $10,490 | $1,560 | $8,930 |
| 2023 | $1,086 | $10,490 | $1,560 | $8,930 |
| 2022 | $1,290 | $9,810 | $1,960 | $7,850 |
| 2021 | $1,277 | $9,810 | $1,960 | $7,850 |
| 2020 | $899 | $7,620 | $1,580 | $6,040 |
| 2019 | $873 | $7,620 | $1,580 | $6,040 |
| 2018 | $855 | $7,050 | $860 | $6,190 |
| 2017 | $821 | $7,050 | $860 | $6,190 |
| 2016 | $692 | $5,800 | $1,240 | $4,560 |
| 2015 | $667 | $5,800 | $1,240 | $4,560 |
| 2014 | $1,004 | $8,880 | $2,130 | $6,750 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/27/2026 04/27/26 | For Sale | $104,900 | +97.9% | $113 / Sq Ft | |
| 04/21/2021 04/21/21 | Sold | -- | -- | -- | View Prior Sale |
| 04/19/2021 04/19/21 | Pending | -- | -- | -- | |
| 03/10/2021 03/10/21 | For Sale | $53,000 | -- | $57 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $48,000 | Integrity Title Sln Llc | |
| Warranty Deed | -- | None Available | |
| Trustee Deed | $56,027 | None Listed On Document | |
| Warranty Deed | $42,420 | Resolutions Title Inc | |
| Warranty Deed | -- | Resolutions Title Inc | |
| Special Warranty Deed | $10,260 | Multiple | |
| Trustee Deed | $10,260 | None Available | |
| Warranty Deed | $65,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $38,400 | New Conventional | |
| Previous Owner | $42,420 | New Conventional | |
| Previous Owner | $32,000 | Purchase Money Mortgage | |
| Previous Owner | $64,490 | FHA | |
| Previous Owner | $45,350 | FHA |
Source: MARIS MLS
MLS Number: MIS26020311
APN: 10D-12-0785
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Ask me questions while you tour the home.