Estimated payment $689/month
Highlights
- Ranch Style House
- Forced Air Heating and Cooling System
- Level Lot
- No HOA
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,343
Year Built
- Built in 1953
Lot Details
- 6,625 Sq Ft Lot
- Level Lot
Home Design
- 854 Sq Ft Home
- Ranch Style House
- Vinyl Siding
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Lewis And Clark Elem. Elementary School
- R. G. Central Middle School
- Riverview Gardens Sr. High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 11D-41-1312
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,197 | $14,120 | $780 | $13,340 |
| 2024 | $1,197 | $11,420 | $1,580 | $9,840 |
| 2023 | $1,197 | $11,420 | $1,580 | $9,840 |
| 2022 | $1,150 | $8,720 | $1,960 | $6,760 |
| 2021 | $1,138 | $8,720 | $1,960 | $6,760 |
| 2020 | $836 | $7,070 | $1,600 | $5,470 |
| 2019 | $812 | $7,070 | $1,600 | $5,470 |
| 2018 | $768 | $6,310 | $860 | $5,450 |
| 2017 | $738 | $6,310 | $860 | $5,450 |
| 2016 | $443 | $3,620 | $1,240 | $2,380 |
| 2015 | $427 | $3,620 | $1,240 | $2,380 |
| 2014 | $425 | $8,440 | $2,170 | $6,270 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/03/2026 07/03/26 | For Sale | $105,000 | 0.0% | $123 / Sq Ft | |
| 10/17/2025 10/17/25 | Sold | -- | -- | -- | View Prior Sale |
| 09/11/2025 09/11/25 | Pending | -- | -- | -- | |
| 09/08/2025 09/08/25 | For Sale | $105,000 | 0.0% | $123 / Sq Ft | |
| 07/03/2025 07/03/25 | Pending | -- | -- | -- | |
| 06/26/2025 06/26/25 | For Sale | $105,000 | +141.4% | $123 / Sq Ft | |
| 07/20/2023 07/20/23 | Sold | -- | -- | -- | View Prior Sale |
| 06/21/2023 06/21/23 | Pending | -- | -- | -- | |
| 06/11/2023 06/11/23 | Price Changed | $43,500 | -4.4% | $51 / Sq Ft | |
| 05/25/2023 05/25/23 | Price Changed | $45,500 | -5.0% | $53 / Sq Ft | |
| 05/16/2023 05/16/23 | Price Changed | $47,900 | -4.0% | $56 / Sq Ft | |
| 04/21/2023 04/21/23 | For Sale | $49,900 | 0.0% | $58 / Sq Ft | |
| 04/20/2023 04/20/23 | Pending | -- | -- | -- | |
| 04/10/2023 04/10/23 | For Sale | $49,900 | -- | $58 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Freedom Title | |
| Warranty Deed | -- | Title Partners | |
| Warranty Deed | -- | Total Title Services | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $16,000 | Title Partners Agency Llc | |
| Warranty Deed | $7,750 | Title Experts Llc | |
| Special Warranty Deed | $40,800 | Fa | |
| Special Warranty Deed | -- | None Available | |
| Trustee Deed | $93,350 | None Available | |
| Warranty Deed | $86,759 | -- | |
| Special Warranty Deed | $45,000 | -- | |
| Trustee Deed | $45,000 | -- | |
| Warranty Deed | $61,900 | Capital Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $77,200 | Credit Line Revolving | |
| Previous Owner | $85,209 | FHA | |
| Previous Owner | $46,200 | No Value Available | |
| Closed | $12,380 | No Value Available | |
| Closed | $3,000 | No Value Available | |
| Closed | -- | No Value Available |
Source: MARIS MLS
MLS Number: MIS26041432
APN: 11D-41-1312
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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. Some IDX listings have been excluded from this website.
Listings courtesy of MARIS MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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- 10300 Ross Cir
- 409 Shepley Dr
- 10328 Dudley Dr
- 237 Grampian Rd
- 125 Perthshire Rd
- 437 Lancashire Rd
- 416 Crawford Rd
- 457 Shepley Dr
- 10524 Durness Dr
- 214 Coburg Dr
- 10343 Durness Dr
- 205 Ben Nevis Rd
- 232 Mc Alpine Dr
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