10202 Castle is a great opportunity for an investor or owner occupant alike. The property is currently vacant, offering immediate upside as a rental or flexibility for an owner occupant. 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.
3 Beds
1 Bath
1,026 sq.ft
$0 per sq.ft
Ranch,Traditional
$ 89,900
Active
0
26020093
3
1
1,026
Castle Point
Unincorporated
Riverview Gardens
St Louis
Residential
Ranch,Traditional
Residential
$1,763
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 9825 Dennis Drive, Unincorporated, MO 63136 | 3/2 | 1,032 | $125,000 | $117,500 94% of ask |
Sep 3, 2026 |
| 9299 Lucas And Hunt Road, Unincorporated, MO 63136 | 2/2 | 1,204 | $68,000 | $62,000 91.2% of ask |
Sep 3, 2026 |
| 2201 Hollis Drive, Moline Acres, MO 63136 | 3/1 | 1,392 | $89,900 | $88,000 97.9% of ask |
Sep 3, 2026 |
| 2515 Burchard Drive, St Louis City, MO 63136 | 3/2 | 1,080 | $124,900 | $125,000 100.1% of ask |
Sep 2, 2026 |
| 8970 Jennings Station Road, Jennings, MO 63136 | 0/0 | -- | $2,000 | $3,000 150% of ask |
Sep 1, 2026 |
| 10403 Saint Ives Drive, Dellwood, MO 63136 | 3/2 | 1,026 | $165,000 | $165,000 100% of ask |
Aug 31, 2026 |
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