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.
0 Bed
0 Bath
816 sq.ft
$0 per sq.ft
Ranch
$ 1,349,000
Active
0
26041366
0
0
816
Kinloch Park
Berkeley
Ferguson-Florissant R-II
St Louis
Residential Income
Ranch
Residential Income
$942
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 6621 Dunwold Drive, Berkeley, MO 63134 | 3/2 | 1,055 | $164,900 | $155,000 94% of ask |
Sep 8, 2026 |
| 8300 Woodhurst Drive, Berkeley, MO 63134 | 3/1 | 1,140 | $74,900 | $74,900 100% of ask |
Sep 4, 2026 |
| 8143 Airport Road, Berkeley, MO 63134 | 2/1 | 792 | $68,000 | $58,000 85.3% of ask |
Sep 3, 2026 |
| 9838 Tanbark Lane, Edmundson, MO 63134 | 3/1 | 1,008 | $150,000 | $140,000 93.3% of ask |
Sep 2, 2026 |
| 4438 Vance Avenue, Woodson Terrace, MO 63134 | 3/2 | 864 | $199,999 | $199,000 99.5% of ask |
Aug 31, 2026 |
| 6563 January Avenue, Berkeley, MO 63134 | 4/2 | 1,512 | $105,000 | $105,000 100% of ask |
Aug 28, 2026 |
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Fully Renovated from the Ground Up in Desirable Woodson Terrace! Don’t miss this incredible opportunity to own a truly turnkey home in the heart of Woodson Terrace! Buyers will be hard-pressed to find a home offering this level of renovation and quality at this price point. This home has undergone a complete gut renovation, bringing it as close to new construction as you can get without actually building a new home. Virtually every major component has been addressed, providing the next owner with the peace of mind that comes from knowing the big-ticket items have already been taken care of. The extensive updates include repaired floor joists, an encapsulated crawl space, insulated floor joists and walls, updated plumbing and electrical, new subflooring and LVP flooring, new water heater, furnace and AC, a completely updated kitchen and bathroom, and a new roof on both the house and garage. The garage also features new siding, along with numerous additional improvements throughout the property. The result is a beautifully renovated home that combines modern style with the confidence of a comprehensive renovation. Whether you’re a first-time homebuyer looking for a move-in-ready home or someone looking to downsize into a comfortable home you can enjoy for years to come, this one deserves a closer look. Extensive renovation. Quality finishes. Major systems updated. Truly move-in ready. Opportunities like this don’t come along often—schedule your showing today!
Discover the allure of modern living. This single-family residence, built in 1954, has undergone a complete transformation, presenting an interior that is thoroughly updated and meticulously remodeled for contemporary tastes. The recently updated kitchen stands as the heart of this home, thoughtfully designed with a central island, offering both functionality and a gathering point for everyday living. With three comfortable bedrooms and a well-appointed bathroom, this home provides ample space for relaxation and personal routines. An attached carport adds convenience and protection for your vehicle. This completely remodeled home offers a fresh start and an inviting atmosphere, ready for you to create new memories.
Welcome to 6829 Berkridge Court, a spacious and inviting single-family home situated in a peaceful Berkeley neighborhood. Spanning an impressive 1,370 square feet, this property delivers a functional layout with plenty of room to spread out. The home features generously sized bedrooms, providing comfortable accommodations for a growing household or the perfect setup for a dedicated home office. Positioned on a quiet cul-de-sac, the exterior boasts a manageable yard perfect for outdoor relaxation or entertaining. This home offers close proximity to major thoroughfares, local parks, public transit options, and airport amenities, ensuring your daily commute is an absolute breeze. Whether you are looking for an affordable place to call your own or a reliable income-generating investment in St. Louis County, this Berkeley gem is ready for its next chapter. More professional photos coming soon! Please contact co-listing agent for all questions or requests regarding this listing.
