Lakeshire Homes under $600,000

Lakeshire Homes under $600,000

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Newest Lakeshire Homes under $600,000

10022 Elise Dr, Lakeshire
$335,000
3 Beds ⋅ 2 Baths ⋅ 26023502 MLS ⋅ COMING SOON Status
This 3 bedroom ranch style home sets on a beautiful .45 acre, walk-out lot. It has a 2 car tuck under garage alon with a detached 2 car garage with heat. The way the home is situated, the basement could be used as in-laws quarters with a separate entrance with no steps. The roof, and windows were new in 2025! It is highly probable that there are hardwood floors under the carpet. Photos will be coming soon.

10022 Elise Dr, Lakeshire
10372 Parkman Dr, Lakeshire
$535,000
26063047 MLS ⋅ ACTIVE Status
An opportunity to secure a long-term investment in Lakeshire within the highly sought-after Lindbergh School District, where multifamily properties can be difficult to find! Welcome to 10372 Parkman Drive, a fully occupied four-family offering existing rental income and room for future growth. Each unit features 2 bedrooms and 1 bathroom, with tenant-occupied interiors that show well and offer a clean, inviting feel. Each apartment has its own composite deck area, separated by aluminum railings. The lower level includes two 2-car tuck-under garages with individual entrances and remote openers, laundry hookups, and a dedicated storage unit for each apartment. Since 2019, owner improvements have included the composite decks and aluminum railings, replacement A/C units in Apartment B in June 2023 and Apartment C in June 2021, a replacement evaporator coil in Apartment A, and an upgraded window in Apartment B. Long-term tenants occupy two of the four units, and current rents are below market, creating an opportunity to increase income over time as leases allow. Optional improvements could further enhance rental appeal and help maximize net operating income. The property is currently self-managed, with the owner paying water, sewer, trash, landscaping, and snow removal. Offered at $535,000, the property is positioned within the range of nearby multifamily sales from $530,000 to $580,000, including a $570,000 sale on Parkman Drive. A desirable location, established occupancy, and potential for rental growth make this an appealing addition to a long-term investment portfolio. Please do not disturb tenants. No showings prior to an accepted contract. Offers may be contingent upon viewing all units and the buyer’s satisfaction with their condition.

10372 Parkman Dr, Lakeshire
10031 Willdan Dr, St Louis
$550,000
26059028 MLS ⋅ ACTIVE Status
BACK ON THE MARKET - NO FAULT OF THE SELLER. Welcome to 10031 Willdan Drive, this Quadpex multifamily property offers a rare opportunity to own an income producing property in Lakeshire. Whether you are an investor looking for a strong addition to your portfolio or an owner occupant hoping to let rental income help offset your monthly expenses, this property gives you plenty of options from the start. Each unit features 2 bedrooms, 1 bathroom, a comfortable and functional layout, lower-level laundry and storage space and shared garage space. Units A and B are currently occupied by long-term tenants who would love to stay, while Units C and D are vacant, giving the next owner the opportunity to choose which unit they would like to call home and rent the other or lease both and maximize the property’s income potential. Currently both units are listed for rent. The current owner has been working on updates and maintenance to the property. Units A and B recently received new LVP flooring, kitchen cabinets and countertops. Unit C was updated approximately two years ago with new flooring, cabinets and countertops, while Unit D was just refreshed with new LVP flooring, fresh paint, appliances, kitchen cabinets and countertops. This property is appealing well beyond the investment numbers. The practical layouts offer plenty of room for everyday living, while the lower-level laundry, storage areas and garage spac add a lot of convenience for tenants. The overall setting feels more like home than a typical apartment complex. The location only adds to the appeal. Situated in the Lindbergh School District and conveniently positioned between I-55, I-44 and I-270, you can get all around the St. Louis area. Shopping, restaurants, grocery stores, parks and everyday services are all close by, making morning commutes, quick errands, dinner out and weekend plans easy and convenient. Well maintained, nicely updated and offering two vacant units, 10031 Willdan Drive is ready for its next owner to move in, rent out or create the perfect combination of both. Please do not disturb tenants. Listing photos shown are of Units C and D. Units A and B may be viewed with an accepted contract. Each unit offers a similar layout.

10031 Willdan Dr, St Louis
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