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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.

Unincorporated

219 Presley Drive

3 Beds

1 Baths

854 Sq.Ft.

$105,000

MLS#: 26041432

Very handy location, walking distance to major shopping. Open floor plan with cathedral ceilings in great room, dining room. Main floor laundry room in hallway off bedrooms. Home has assumable loan with great rate, call for details, must be vet or surviving spouse. Call for
private tour!

Washington

4152 Jane Lane

2 Beds

2 Baths

1,132 Sq.Ft.

$225,000

MLS#: 26037915

Escape to the peaceful beauty of the Gasconade River with this charming 2-bedroom, 1-bath riverfront cabin that's ready for your next adventure. Whether you're searching for a relaxing weekend getaway, a full-time retreat, or an investment opportunity, this well-maintained property offers the perfect blend of comfort, nature, and endless potential.

Wake up to the sights and sounds of the river, spend your afternoons fishing, kayaking, floating, or simply unwinding on the bank as the water flows by. This inviting cabin has been lovingly cared for, allowing you to spend more time making memories and less time worrying about maintenance.

What truly sets this property apart is the incredible value of the additional lots included in the sale. With 1 lot next to the cabin and one more behind it, you'll enjoy extra privacy, room to expand, space for outdoor entertaining, or the opportunity to create your own riverfront oasis. Whether you envision adding a garage, extra parking, a firepit gathering area, or simply preserving the open space, the possibilities are endless.

Properties on the sought-after Gasconade River don't come along often—especially ones offering this much flexibility and potential. Don't miss your chance to own a slice of Missouri riverfront paradise. Schedule your private showing today and discover everything this unique property has to offer!

Jerome

22760 Private Drive 9002

2 Beds

1 Baths

600 Sq.Ft.

$350,000

MLS#: 26042211

Eldon

lot 2 Nolan Drive

None Beds

None Baths

1.21 acres

$89,000

MLS#: 3588509

Eldon

Lot 1 Nolan Drive

None Beds

None Baths

1.21 acres

$89,000

MLS#: 3588508

This condo is a wonderful ground-floor, end-unit at Sunrise Ridge that puts the main channel literally in front of your door. Three bedrooms, two baths, 1,674 sq ft, fireplace, full appliances, and completely turn-key for less than $300k — walk in, drop your bag, grab a boat key. Speaking of boats: your 14x40 covered slip is ready and waiting with a big lift at the 10 mile marker. Deep water. Wave breaks. Main channel views. This is the kind of dock access people spend years trying to lock down. Beyond the water, Sunrise Ridge delivers — resort-style pool, hot tub, tennis and pickleball courts, clubhouse with poker room, sauna, gym, etc, boat ramp, and trailer parking. End-unit privacy. Bottom floor convenience. There is also a storage area for all of your water toys at the complex! Schedule a showing now and don't miss out on this great opportunity!

Sunrise Beach

70 Sunrise Ridge Drive 615

3 Beds

2 Baths

1,674 Sq.Ft.

$299,900

MLS#: 3588519

Immaculately maintained and move-in ready! This spacious 4-bedroom, 2.5-bath home offers over 2,200 square feet of comfortable living space and has been thoughtfully updated throughout.

Step inside to find a large living room perfect for gathering with family and friends, along with a spacious dining and kitchen combination designed for everyday living and entertaining. The kitchen features freshly painted cabinetry, a new wall oven, cooktop, and refrigerator, creating a bright and inviting space. Recent updates include fresh interior paint throughout, new light fixtures, ceiling fans, outlets, and a beautifully remodeled hall bathroom.

The versatile fourth bedroom includes its own half bath, making it ideal for a home office, guest suite, or private mother-in-law space.

Stay warm in the winter in the heated sunroom overlooking the backyard oasis. Outside, you'll find a fully fenced backyard complete with a swimming pool, swing set, three raised garden beds for gardening enthusiasts, a fire pit for cool fall evenings, and a storage shed for tools and equipment.

Additional features include a newer roof and pride of ownership that is evident throughout every inch of the property.

This well-cared-for home offers the perfect combination of space, updates, and outdoor enjoyment. Schedule your private showing today!

Lebanon

237 Farmers Lane

4 Beds

2 Baths

2,232 Sq.Ft.

$259,900

MLS#: 26042298

Winfield

191 Village Circle Drive

3 Beds

2 Baths

1,548 Sq.Ft.

$279,900

MLS#: 26030695

Price reduced

Sitting on the 18th hole of the award-winning Tom Fazio-designed course at Missouri Bluffs, Lot #49 is a true gem — right on the golf course, with a gentle slope that accommodates a variety of home designs and offers the perfect opportunity for a walkout basement. This premium homesite is one of only a limited number of lots remaining in this sought-after golf club community, making it an exclusive opportunity you won't want to miss. And the lifestyle doesn't stop at the fairway — the famous Katy Trail is just around the corner, perfect for biking and walking. There truly is something for everyone. Bring your plans, bring your builder, and build the custom dream home you've always envisioned, with all the luxury you deserve.

St Charles

126 Summer Grace Lane

None Beds

None Baths

0.477 acres

$267,000

MLS#: 26042529

#26042480

Fenton

742 Boca Chica Drive

3 Beds

2 Baths

1,626 Sq.Ft.

$335,000

MLS#: 26042480

Discover the perfect blend of comfort, style, and convenience in this beautifully maintained upper-level condo located in the highly sought-after Webster Groves School District. Thoughtfully designed with an open-concept layout, this 2-bedroom, 2-bath home offers an inviting atmosphere filled with natural light, warm finishes, and timeless design throughout. The spacious living room welcomes you with elegant tray ceilings, custom built-ins, and seamless flow into the dining area and beautifully appointed kitchen, creating the perfect setting for both everyday living and entertaining. The kitchen features granite countertops, custom cabinetry, stainless steel appliances, a center island with a breakfast bar, and a generous pantry, offering both style and functionality. Escape to the spacious primary suite, complete with a cozy electric fireplace and an oversized walk-in closet. A generously sized second bedroom and full bath provide the ideal setup for guests, a home office, or additional living space. Additional highlights include in-unit laundry, a built-in desk perfect for working from home, wired surround sound, crown molding, and a detached garage parking space. Ideally situated just minutes from Webster Groves, Kirkwood, Brentwood, Clayton, shopping, restaurants, parks, and major highways, this move-in-ready condo offers the perfect combination of low-maintenance living, thoughtful design, and an unbeatable central location.

St Louis

2756 McKnight Crossing Court

2 Beds

2 Baths

1,165 Sq.Ft.

$264,900

MLS#: 26041784

A new cabin tucked into a valley flowing with spring water. Secluded and serene! Make this your getaway base camp for Ozarks exploration, fun and relaxation. Or make it your forever homesite and live out your days in peaceful seclusion. The gravel road leading from the state road is a recorded legal easement road. You can hunt, camp, get around on your ATV or SXS. Just a few miles from Black River, Johnson Shut Ins, shopping and dining in the historic Arcadia Valley, visiting Elephant Rocks State Park and much more. Wild game is plentiful ... deer, turkey, small game ... it's all here. Or just sit in a lawn chair and unwind.
There aren't many properties out there with this level of seclusion but with easy access. And two small spring streams converge on this property.
Make it your relaxing getaway, or build it out as a escape if it all hits the fan some day. It has many features that a prepper would desire -- surrounded by hills while tucked into a valley, a source of continuous water, far off the beaten path.
The seller has built a nice 12X16 cabin complete with a 8X16 deck. The hard part is done. Finish it out with the own preferences. And he's already wired it for electricity ... a generator or solar for now, but you could connect to the grid if you so desired.

Middlebrook

30 N Hwy

None Beds

None Baths

30.56 acres

$109,000

MLS#: 26042609

#26037406

Patton

10257 Hwy 72

3 Beds

1 Baths

968 Sq.Ft.

$159,900

MLS#: 26037406

Affordable living or a smart investment opportunity! This 2-bedroom, 1-bath mobile home sits on an oversized lot with city water and city sewer—a valuable feature that's not commonly found with many mobile homes.

Whether you're looking for an affordable place to call home, wanting to downsize, or searching for a rental property to add to your portfolio, this property offers plenty of value. Inside you'll find a comfortable living room, an eat-in kitchen with a bay window, ample cabinet and counter space, and the stove and refrigerator stay. Fresh paint in many rooms, updated flooring in portions of the home, and a laundry area with washer and dryer hookups make it move-in ready.
The major updates have already been taken care of, including all new PEX plumbing underneath the home, all new underground electrical service from the pole, a newer furnace, newer A/C, new gutters, vinyl siding with attractive skirting, and more.
Step outside and enjoy two large covered decks—one extending the length of the home beneath the attached carport and another with an oversized roof, providing plenty of space to relax or entertain in almost any weather. The spacious lot also features a fire pit and two storage sheds for additional storage.
Conveniently located just minutes from Highway 47 with quick access to shopping, restaurants, and everyday conveniences. Selling AS IS. Affordable homes with this many updates, city utilities, and investment potential don't come along often—schedule your showing today!

Warrenton

26175 N Carol Street

2 Beds

1 Baths

980 Sq.Ft.

$115,000

MLS#: 26041332

Looking for the perfect weekend getaway? This cleared lot is ready for you to start enjoying lake life immediately! The property is already set up for a camper with water and electric in place, making it easy to bring your own RV and start camping right away. The camper currently on the property is not included in the sale.

Whether you're looking for a seasonal retreat or planning to build in the future, this property offers plenty of possibilities. Located in a gated lake community featuring boating, fishing, swimming, beaches, a pool, playgrounds, and year-round recreational activities, you'll have everything you need to enjoy the lake lifestyle. Don't miss this opportunity to own an affordable piece of lake paradise!

French Village

8890 Jamie

None Beds

None Baths

0.1928 acres

$39,900

MLS#: 26042282

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* Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024. First Multiple Listing Service, Inc.

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