Welcome to 129 Wiegel Dr! This 2-bedroom, 1-bath ranch offers approximately 672 sq. ft. of living space with a functional single-level layout. Features include updated flooring, fresh interior finishes, off-street parking, a patio, and a fenced yard. The straightforward layout offers efficient use of space and convenient access to nearby amenities and major roadways.
2 Beds
1 Bath
672 sq.ft
$0 per sq.ft
Bungalow
$ 119,900
Active
0
26060146
2
1
672
Florissant Road Terrace
Ferguson
Ferguson-Florissant R-II
St Louis
Residential
Bungalow
Residential
$646
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 301 Day Drive, Ferguson, MO 63135 | 3/1 | 1,003 | $1,500 | $1,500 100% of ask |
Oct 1, 2026 |
| 6155 Emerald Avenue, Ferguson, MO 63135 | 3/1 | 906 | $79,900 | $75,000 93.9% of ask |
Sep 29, 2026 |
| 256 Flora Drive, Hazelwood, MO 63135 | 2/1 | 672 | $49,900 | $40,000 80.2% of ask |
Sep 29, 2026 |
| 148 Thoroughman Avenue, Ferguson, MO 63135 | 3/2 | 1,801 | $130,000 | $120,000 92.3% of ask |
Sep 29, 2026 |
| 2 Marcel Court, Ferguson, MO 63135 | 2/1 | 870 | $69,900 | $65,000 93% of ask |
Sep 25, 2026 |
| 258 Sadonia Avenue, Calverton Park, MO 63135 | 3/2 | 1,008 | $119,000 | $120,000 100.8% of ask |
Sep 23, 2026 |
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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.
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.
This ranch features two driveways. Inside, you’ll find three bedrooms and a spacious kitchen with dark-finish cabinetry, a double sink overlooking the backyard, and a breakfast bar open to the living room—perfect for keeping everyone connected. Stepping outside for outdoor entertaining is a breeze.
