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$1,349,000
26041375 MLS ACTIVE Status
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.

504 Robert Ave, Ferguson

$122,900
3 Beds 1 Baths 26032464 MLS ACTIVE Status
Welcome home to this move-in-ready 3-bedroom, 1-bath ranch offering comfort, convenience, and great outdoor living space. All three bedrooms are located on the main level, creating an easy and functional floor plan for everyday living. The bright living room provides a welcoming space for relaxing and entertaining, while the nicely sized eat-in kitchen offers plenty of room for meals, conversation, and daily gatherings. The full basement provides abundant storage space and endless possibilities for future use, including a home gym, hobby area, workshop, or additional flex space. Step outside to enjoy the fenced backyard, complete with a patio that's perfect for summer barbecues, morning coffee, or simply enjoying the outdoors. Off-street parking adds extra convenience and peace of mind. With its practical layout, outdoor living features, and move-in-ready condition, this charming home is ready for its next owner. Schedule your showing today!

517 Teston Dr, St Louis

$109,900
3 Beds 1 Baths 26022574 MLS ACTIVE Status
Welcome to 311 Superior Drive, a well-positioned single-family home located in the heart of Ferguson, offering comfort, functionality, and strong potential. Built in the mid-20th century, this charming ranch-style residence features approximately 3 bedrooms and 1 bathroom with a practical layout designed for everyday living. Inside, you’ll find a bright living room with ample natural light, a functional kitchen with adjoining dining space, and generously sized bedrooms all on the main level—ideal for convenient one-floor living. There is also a sunroom to enjoy. A full basement expands the home’s possibilities, offering space for storage, a recreation area, or future finishing. Outside, the property sits on a sizable residential lot with a private yard, perfect for outdoor gatherings, gardening, or relaxing evenings.

311 Superior Dr, St Louis

$89,900
3 Beds 1 Baths 26005397 MLS ACTIVE Status
Located at 308 Superior Dr, this single-story residence features a three-bedroom, one-bathroom floor plan with convenient main-level living space. Built in 1925, the home is designed with a centralized living room that transitions into the kitchen and dining area. Interior finishes include a combination of carpeted and hard-surface flooring across a six-room layout. Each of the three bedrooms includes integrated closet storage, while the full bathroom features a standard vanity and tub/shower combination. The exterior is composed of aluminum/vinyl siding and sits on a level 6,251-square-foot lot with a private driveway and a rear concrete patio. Mechanical systems include a forced-air natural gas furnace and central air conditioning. This property is situated in the Ferguson Park subdivision, providing proximity to local infrastructure and located within the Ferguson-Florissant R-II School District

308 Superior Dr, St Louis