5071 Ruskin Ave · St. Louis, MO 63115

$97,000

16 bd · 4.0 ba · 3,400 sqft · MultiFamily public records · 102 Days on market

Built 1935 5,205 sqft lot $29/sqft · 10% below area Est $107k · 10% under

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +11.9/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +3.3/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 4 units. confirmed

Listing remarks MLS

Great value-add opportunity in the Mark Twain area of St. Louis. This 4-family property features four 1-bedroom, 1-bath units and offers strong potential for investors looking for a fixer-upper or renovation project. While the building does need updates, some existing finishes provide a solid starting point for improvements. With the right vision, this property can be transformed into a strong income-producing asset. Ideal for investors seeking a renovation project, rental portfolio addition, or long-term value appreciation in the St. Louis market. Please contact co-listing agent for all questions or requests regarding this listing.

Key facts

• Mark twain area
• Renovation project
• Fixer-upper

Tags

• MARK TWAIN AREA
• FIXER-UPPER
• RENOVATION PROJECT
• INCOME-PRODUCING ASSET

What this means for you Summary

Snapshot

• This is a 4 × 1-bed/1-bath units multifamily listed at $97k.

Deal economics

• At list price, monthly cash flow is $2k ($25k/yr) — positive. Per door: $529/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $97k).
• Recommended offer: $88k (9.0% below list) — sets the bar for market timing.
• Cap rate 32.5% vs local median 5.0% in St. Louis — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• St. Louis City (urban): math 10% / reading 18% proficiency, ranked #312 of 324 in MO (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 80% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 97 active listings in the ZIP; lower-income renter base — watch delinquency; 294 units permitted in St. Louis city in 2024 (227 in 5+ unit buildings).
• At $3,414/mo this rent would consume 134% of the median local household income ($31k/yr) (locally 1655% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $671 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• St. Louis County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $27k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 102 days — a 9% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1935 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $88,270 (9.0% below list)

Questions for the listing agent

1. It's been on market 102 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1935 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 3.52% ✓
• Cap rate: 32.46%
• Cash-on-cash: 93.46%
• DSCR: 5.16
• GRM: 2.4

CMA / ARV

• ARV (median comp): $107,442
• List price: $97,000
• Delta: -9.72%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5444 Beacon	0.52mi	16/16.0	3,790 (+12%)	7mo	$90,000	$24	31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 94.3%
• Equity multiple: 5.38×
• Total profit: $119,007
• Equity at exit: $14,463

10-year hold

• IRR: 97.0%
• Equity multiple: 11.20×
• Total profit: $277,101
• Equity at exit: $8,387

Cash invested: $27,160 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 81 Strongly Landlord-Friendly
• State Missouri: 81 Strongly Landlord-Friendly · R+10
• County: — inherits STATE
• City: — inherits STATE

Generally landlord-friendly; St Louis has some habitability requirements.

Methodology + full state rankings →

ZIP-level market 63115

• Home prices YoY: -2.6%
• Active inventory: 97
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $3,414 high
• Mortgage (P&I): −$509
• Tax from tax record: −$33 /mo · $391/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$717
• Net cashflow: $2,115

Break-even live

Break-even rent $736

Max offer price $97,000

Occupancy floor 33%

4-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 4× units	1	1	$3,412
Total (4 units)			$3,414

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $24,250
• Closing costs: $2,910
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-18
   days on market $97,000 Active 102 DOM
2. 2026-06-17
   days on market $97,000 Active 101 DOM
3. 2026-06-16
   days on market $97,000 Active 100 DOM
4. 2026-06-15
   days on market $97,000 Active 99 DOM
5. 2026-06-13
   days on market $97,000 Active 97 DOM
6. 2026-06-09
   days on market $97,000 Active 93 DOM
7. 2026-06-08
   days on market $97,000 Active 92 DOM
8. 2026-06-08
   days on market $97,000 Active 91 DOM
9. 2026-06-05
   days on market $97,000 Active 88 DOM
10. 2026-06-03
    days on market $97,000 Active 87 DOM
11. 2026-06-02
    days on market $97,000 Active 86 DOM
12. 2026-06-01
    days on market $97,000 Active 85 DOM
13. 2026-05-31
    days on market $97,000 Active 84 DOM
14. 2026-04-03
    status Active 641-char remark

    Show marketing remark (641 chars)

    Great value-add opportunity in the Mark Twain area of St. Louis. This 4-family property features four 1-bedroom, 1-bath units and offers strong potential for investors looking for a fixer-upper or renovation project. While the building does need updates, some existing finishes provide a solid starting point for improvements. With the right vision, this property can be transformed into a strong income-producing asset. Ideal for investors seeking a renovation project, rental portfolio addition, or long-term value appreciation in the St. Louis market. Please contact co-listing agent for all questions or requests regarding this listing.

15. 2026-03-07
    listed $99,000 Active 641-char remark

    Show marketing remark (641 chars)

    Great value-add opportunity in the Mark Twain area of St. Louis. This 4-family property features four 1-bedroom, 1-bath units and offers strong potential for investors looking for a fixer-upper or renovation project. While the building does need updates, some existing finishes provide a solid starting point for improvements. With the right vision, this property can be transformed into a strong income-producing asset. Ideal for investors seeking a renovation project, rental portfolio addition, or long-term value appreciation in the St. Louis market. Please contact co-listing agent for all questions or requests regarding this listing.

16. 2023-01-20
    soldstatus $85,000
17. 2023-01-20
    soldstatus $124,900
18. 2022-05-02
    soldstatus $106,000
19. 2021-11-18
    soldstatus $45,000
20. 2021-04-23
    price $60,600

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MO · Resets to sale price

• Current annual tax: $391 · $33/mo
• Projected year-2 tax: $941 · $78/mo
• Expected delta: +$550/yr (+$46/mo · 140.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $40,968
• − Mortgage interest: −$5,434
• − Property taxes: −$391
• − Insurance: −$485
• − Repairs & maintenance: −$3,277
• − Management: −$3,277
• − Depreciation: −$2,822
• Taxable income: $25,282
• Est. tax owed @ 24.0%: −$6,068
• After-tax cash flow: $19,317/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: St. Louis City
• NCES district ID: 2929280
• Math proficiency: 10% ▼ -6.00%
• Reading proficiency: 18% ▼ -3.00%
• Median HH income: $35,685
• Composite: 11.54/100
• National rank: #9699
• State rank: #312 of 324 in MO

Livability — St. Louis

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: St. Louis, MO
• County: Saint Louis City · 254,015 people
• City population: 283,259
• Metro: St. Louis, MO-IL
• Population (ZIP): 14,488
• Household income: $30,622
• Rent vs Own: 57.7% rent · 42.3% own
• Severe rent burden: 1655.0

Population outlook (St. Louis County) Hauer SSP2

• Today (2025): 315,737 people
• By 2030: 313,865 · -0.6%
• By 2040: 305,439 · -3.3%
• By 2050: 296,529 · -6.1%
• By 2075: 271,028 · -14.2%
• By 2100: 255,359 · -19.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (95%)
• Race & ethnicity: Black 95% White 2% Two or more races 2%
• Foreign-born: 0%

Political lean MEDSL · St. Louis

• 2024 margin: Solid D (+64.7) · D 81.4% · R 16.7% · Other 2.0%
• 2008→2024 swing: -3.5pp toward R · 2008: 68.2pp · 2024: 64.7pp
• All cycles: 2024: D+64.7 2020: D+66.2 2016: D+63.7 2012: D+66.6 2008: D+68.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -3.42%
• Current HPI: 127.3403
• Rent YoY: —
• Metro: St. Louis, MO-IL
• State GDP YoY: ▲ 1.84%
• F500 in state: 20

Industry mix (Fortune 500 HQ in MO)

Industry	F500 HQs	Revenue
▸Healthcare	1	$163B
▸Insurance	1	$21B
▸Industrial Technology	1	$17B
▸Retail	1	$16B
▸Industrial Distribution	1	$10B
▸Utilities	1	$9B

Price history

+63.4% since first listed

7 events — show timeline

• 2026-04-03 Relisted — MARIS as Distributed by MLS Grid
• 2026-03-07 Listed $99,000 MARIS as Distributed by MLS Grid
• 2023-01-20 Sold (Public Records) $124,900 Public Records
• 2023-01-20 Sold (Public Records) $85,000 Public Records
• 2022-05-02 Sold (Public Records) $106,000 Public Records
• 2021-11-18 Sold (Public Records) $45,000 Public Records
• 2021-04-23 Price Changed $60,600 MARIS as Distributed by MLS Grid

Property tax history

+0.4%/yr

Latest (2024): $391 · +4.8% YoY. Source: county tax records.