2 Beds
2 Baths
864 sq.ft
$0 per sq.ft
Ranch
$ 1,195
Active
0
26062878
2
2
864
Northdale
Unincorporated
Hazelwood
St Louis
Residential Lease
Ranch
Residential Lease
$1,807
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 12719 Meadowdale Drive, Unincorporated, MO 63138 | 3/2 | 1,404 | $124,800 | $112,875 90.4% of ask |
Sep 29, 2026 |
| 1909 Lakeheights Lane, Bellefontaine Neighbors, MO 63138 | 4/3 | 1,360 | $234,000 | $225,000 96.2% of ask |
Sep 28, 2026 |
| 1307 Claudine Drive, Unincorporated, MO 63138 | 3/2 | 1,131 | $144,900 | $145,000 100.1% of ask |
Sep 25, 2026 |
| 12439 Norma Lane, Unincorporated, MO 63138 | 3/2 | 2,030 | $300,000 | $284,000 94.7% of ask |
Sep 23, 2026 |
| 11826 Hidden Lake Drive, Unincorporated, MO 63138 | 4/2 | 1,880 | $175,000 | $173,000 98.9% of ask |
Sep 18, 2026 |
| 1587 Farmview Avenue, Bellefontaine Neighbors, MO 63138 | 4/2 | 1,260 | $1,750 | $1,750 100% of ask |
Sep 18, 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.
