**Investor opportunity on Melba Ave, St. Louis! This tenant-occupied home generates $965 per month ($11,580 annually), providing immediate rental income from day one. After property taxes and a 10% property-management fee, the property is projected to deliver an approximately 9% net ROI. A solid, income-producing addition to any rental portfolio. ** This home is a 2 bd and 1.5 bath property currently being rented at $965 per month. Please reach out to Co Listing Agent with any questions to take advantage of an income producing property to add to your portfolio. Agents, please allow 12 hours advance notice so the tenants can be contacted and a time agreed to for showings.
2 Beds
2 Baths
950 sq.ft
$0 per sq.ft
Other,Ranch,Traditional
$ 98,000
Active
0
26045006
2
2
950
Kenwood Homesites
Northwoods
Normandy
St Louis
Residential
Other,Ranch,Traditional
Residential
$2,037
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 6904 Parkdale Drive, Velda Village Hills, MO 63121 | 2/2 | 832 | $85,000 | $86,000 101.2% of ask |
Sep 11, 2026 |
| 6425 Perry Avenue, Pine Lawn, MO 63121 | 4/1 | 1,257 | $179,900 | $175,000 97.3% of ask |
Sep 10, 2026 |
| 4015 Oakwood Avenue, Pine Lawn, MO 63121 | 3/2 | 1,595 | $179,900 | $179,900 100% of ask |
Sep 9, 2026 |
| 6929 Roland Boulevard, Northwoods, MO 63121 | 2/1 | 768 | $69,900 | $67,500 96.6% of ask |
Sep 4, 2026 |
| 3073 Andover Drive, Bel-Nor, MO 63121 | 3/2 | 1,536 | $247,500 | $244,750 98.9% of ask |
Sep 3, 2026 |
| 7720 Brocton Court, Bel-Nor, MO 63121 | 3/1 | 1,010 | $115,000 | $110,000 95.7% of ask |
Aug 31, 2026 |
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Behind the beautiful arched front porch of this 1925 bungalow is a move-in-ready home with the character of an older house and the versatility today's lifestyles demand. 3722 Salome offers 5 bedrooms, 1.5 baths, a large living room, full kitchen, and separate dining room, all arranged across a convenient single-level floor plan. With the occupancy permit already in hand, moving will be very simple. The broad, covered front porch gives the home a welcoming presence from the street, with its distinctive arches echoed again inside. The living room offers a large, comfortable space for gathering, while a separate dining room provides a dedicated place for meals without asking another room to serve double duty. Five main-level bedrooms create flexibility for the way life changes over time, whether the need is for additional bedrooms, a home office, guest accommodations, hobbies, or a combination of uses. Outside, the backyard provides another place to enjoy daily life, with an established picnic area for outdoor meals and gatherings and plenty of surrounding yard space. An unfinished basement adds practical laundry, mechanical, and storage space. Set along a quiet one-way street, the home is near Pelton Jackson Municipal Park, where recreation extends beyond the playground, basketball court, and covered pavilion to youth baseball, football, and soccer programs. Next to the park, the North County Agricultural Education Center adds an urban farm focused on food access and agricultural education. The University of Missouri–St. Louis anchors the nearby education and employment corridor, while the Normandie Golf Club adds another significant recreational investment in the surrounding community. Major employment centers throughout the North County corridor include Boeing's Berkeley and Hazelwood operations, NorthPark, and St. Louis Lambert International Airport. Just 0.1 mile from MetroBus on Natural Bridge, the home also offers convenient public transportation with connections to the MetroLink, UMSL South and North Hanley transit centers, Lambert Airport, and destinations throughout the St. Louis region. This home was selected for the Penthouse Lifestyle Collection because an exceptional lifestyle is defined not only by the home itself, but also by the community, recreation, amenities, and everyday experiences that surround it.
OCCUPIED W/TENANT - DO NOT DISTURB TENANT/NO SIGN IN YARD SHOWING WITH ACCEPTED CONTRACT. Great investment opportunity. This 2-bedroom home is a tenant occupied property and is currently rented for $1,380. Priced to Sell......Selling AS-IS. This home can be purchased with up to 11 other homes being sold by this owner.
Don't miss this unique opportunity to lease this beautiful 3-bedroom, 1.5 bath property on a large corner lot. Exterior door from kitchen leads to large deck and fenced backyard. 3rd bedroom is in lower level with door to exterior. Corner lot with the detached car garage accessed from side street. Call Listing agent for showings. Tenant is responsible to pay all utilities. Tenant responsible for lawn care. $50 application nonrefundable fee per adult applicant. Good rental history, with no previous evictions and good credit history is required.
