210 N 17th St #512 · St. Louis, MO 63103

$25,000

1 bd · 1.0 ba · 624 sqft · Condo public records · 9 Days on market

Built 1959 $40/sqft · 63% below area $556/mo HOA · 47% of rent

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Why this score? — see what drove the D+ 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 +15.0/30.0
• ARV discount +7.5/15.0
• Appreciation +5.3/10.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Rent growth +4.8/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0

Listing remarks

Price listed is Starting Bid Only. Bidding starts closing 7/1/2026 @ 6 p. m. Welcome home to this bright, low-maintenance, downtown condo offering 624 square feet of thoughtfully designed living space with one bedroom and one bath. The open living and dining area features a breakfast bar and large windows that flood the unit with natural light. The kitchen is appointed with stainless steel appliances, including a new microwave. Other upgrades include two ductless PTAC heating/cooling units that were installed in 2024. This unit also benefits from an in-unit stacked washer and dryer for added convenience, in addition to a private storage unit located immediately next door providing extra spa

Key facts

• Large windows
• Private storage unit
• Breakfast bar

Tags

• BREAKFAST BAR
• LARGE WINDOWS
• STAINLESS STEEL APPLIANCES
• IN UNIT STACKED WASHER DRYER
• PRIVATE STORAGE UNIT
• SECURED ENTRY

Property features AI

Finance

• Financial info: Lease not considered
• HOA & community: Blu Condominiums association; Monthly HOA fee includes trash; Building amenities include elevator(s), fitness center, game room, coin laundry, and security

Exterior

• Parking: Private parking
• Security: Building security
• Utilities: Public water; Public sewer; Electricity connected; Cable available; Water connected; Sewer connected
• Home design: Condominium; One level
• Construction: Other construction materials
• Exterior features: Other lot features

Interior

• Bedrooms: One bedroom on the main level
• Bathrooms: One full bathroom on the main level
• Heating & cooling: Radiant heating; Wall/window air conditioning unit(s)
• Interior features: Building has lobby and front desk; Patio; Bike storage available; Coin laundry in building; Building security
• Laundry & utility: Coin laundry available in the building

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $25k.

Deal economics

• At list price, monthly cash flow is $196 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $25k).
• Cap rate 15.7% 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 D — 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.
• Zoned schools: Peabody Elem. (math 5% / reading 5%, grade F, #1,072 of 1,115 statewide, top 98%, 152 students, 98% FRL); Vashon High (math 2% / reading 2%, grade F, #520 of 521 statewide, top 100%, 568 students, 100% FRL) — zoned schools average 99% FRL vs 80% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+9.2%/yr); 70 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 9d on market — plan ~1-2 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 294 units permitted in St. Louis city in 2024 (227 in 5+ unit buildings).
• This rent runs 34% of the median local income ($41k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $339 of equity ($173 loan paydown + $166 appreciation (0.7% local appreciation)).
• 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 (0.7% appreciation + 8.0% rent growth), your $7k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 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: HOA is 47% of rent; built in 1959 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $25,000

Questions for the listing agent

1. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. 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.
7. 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.
8. 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: 4.68% ✓
• Cap rate: 15.70%
• Cash-on-cash: 33.61%
• DSCR: 2.50
• GRM: 1.8

CMA / ARV

• ARV (median comp): $68,278
• List price: $25,000
• Delta: -4.80%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

0.66% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 47.0%
• Equity multiple: 3.73×
• Total profit: $19,091
• Equity at exit: $8,101

10-year hold

• IRR: 53.9%
• Equity multiple: 10.50×
• Total profit: $66,519
• Equity at exit: $10,437

Cash invested: $7,000 (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 63103

• Home prices YoY: 0.6%
• Rents YoY: 9.2%
• Active inventory: 70
• Price-to-rent: 1.8×

Monthly cashflow live

• Estimated rent: $1,171 high
• Mortgage (P&I): −$131
• Tax est. 1.5%: −$31 /mo · $375/yr
• Insurance: −$10
• HOA: −$556
• Vacancy / Maint / Mgmt: −$246
• Net cashflow: $196

Break-even live

Break-even rent $922

Max offer price $25,000

Occupancy floor 78%

Sensitivity live

Price	-10% $213	-5% $205	+0% $196	+5% $187	+10% $179
Rent	-10% $104	-5% $150	+0% $196	+5% $242	+10% $289
Rate	-1.0pp $209	-0.5pp $202	base $196	+0.5pp $190	+1.0pp $183

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: $6,250
• Closing costs: $750
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
210 N 17th St Saint Louis, MO	1.0	1.0	648	$950	$1.47	44d	1	0.05mi
210 N 17th St Saint Louis, MO	—	1.0	427	$800	$1.87	15d	1	0.05mi
110 N 17th St Saint Louis, MO	2.0	1.0	653	$805	$1.23	8d	1	0.07mi
1717 Olive St Saint Louis, MO	2.0	1.0–2.0	957	$2,200	$2.30	2d	64	0.08mi
1815 Locust St Saint Louis, MO	1.0–2.0	1.0–2.0	983	$1,235	$1.26	44d	7	0.17mi
1531 Washington Ave St. Louis, MO	1.0–2.0	1.0	656	$1,020	$1.55	2d	5	0.20mi
1900 Washington Ave Saint Louis, MO	1.0–2.0	1.0–2.0	960	$1,295	$1.35	3d	12	0.24mi
300 N Tucker Blvd St. Louis, MO	1.0–2.0	1.0–2.0	1013	$1,200	$1.18	2d	10	0.39mi
1300 Convention Plz Saint Louis, MO	2.0	1.0	877	$1,188	$1.35	44d	1	0.39mi
2200 Locust St Saint Louis, MO	1.0–2.0	1.0–1.5	862	$1,395	$1.62	4d	6	0.41mi
1133 Washington Ave St. Louis, MO	2.0	1.0–2.0	637	$1,034	$1.62	44d	1	0.42mi
1110 Washington Ave Saint Louis, MO	1.0–2.0	1.0–2.0	1006	$995	$0.99	3d	19	0.46mi
2206 Lucas Ave St. Louis, MO	1.0–2.0	1.0–2.0	1047	$1,250	$1.19	2d	20	0.46mi
416 N 23rd St St. Louis, MO	1.0–2.0	1.0	780	$1,275	$1.63	5d	23	0.48mi
1000 Washington Ave Saint Louis, MO	1.0–2.0	1.0–2.0	959	$1,200	$1.25	2d	24	0.51mi
917 Locust St St. Louis, MO	1.0	1.0	683	$1,305	$1.91	17d	3	0.56mi
1023 Spruce St St. Louis, MO	1.0–2.0	1.0–2.0	957	$1,075	$1.12	3d	17	0.59mi
206 N 9th St Unit 514 St. Louis, MO	1.0	1.0	675	$975	$1.44	44d	1	0.59mi
206 N 9th St Unit 811 St. Louis, MO	1.0	1.0	633	$895	$1.41	8d	1	0.59mi
206 N 9th St Unit 509 St. Louis, MO	1.0	1.0	701	$925	$1.32	44d	1	0.59mi
206 N 9th St Unit 502 St. Louis, MO	1.0	1.0	626	$895	$1.43	44d	1	0.59mi
2605-2637 Washington Ave St. Louis, MO	1.0–2.0	1.0–2.0	775	$1,350	$1.74	13d	7	0.63mi
800 Olive St Saint Louis, MO	1.0–2.0	1.0–2.0	1063	$998	$0.94	2d	26	0.63mi
1115 Carr St St. Louis, MO	1.0–2.0	1.0	747	$975	$1.30	5d	13	0.65mi
720 Olive St St. Louis, MO	3.0	1.0–2.0	1778	$2,447	$1.38	2d	15	0.67mi
515 Olive St Saint Louis, MO	1.0–2.0	1.0–2.5	1117	$1,285	$1.15	2d	26	0.80mi
614 S 7th St Unit 402 St. Louis, MO	1.0	1.0	735	$1,150	$1.56	44d	1	0.87mi
1 Cardinal Way Saint Louis, MO	1.0–2.0	1.0–2.0	905	$1,795	$1.98	2d	23	0.87mi
1204 N 8th St St. Louis, MO	1.0–3.0	1.0	740	$676	$0.91	3d	19	0.87mi
300 S Broadway Apt 404 St. Louis, MO	—	1.0	501	$1,350	$2.69	44d	1	0.90mi
300 S Broadway St. Louis, MO	1.0	1.0	710	$1,985	$2.79	21d	10	0.92mi
400 N 4th St Saint Louis, MO	2.0	1.0–2.0	1162	$1,997	$1.72	2d	1	0.96mi
1901 Park Ave Unit 2F St. Louis, MO	1.0	1.0	725	$1,395	$1.92	44d	1	1.04mi
618 N 2nd St Unit 405 St. Louis, MO	1.0	1.0	744	$1,266	$1.70	15d	1	1.06mi
618 N 2nd St Saint Louis, MO	1.0	1.0	791	$1,545	$1.95	20d	4	1.07mi
700 N 2nd St Saint Louis, MO	1.0	1.0	654	$1,378	$2.10	20d	5	1.08mi
701 N 1st St St. Louis, MO	1.0–2.0	1.0	894	$1,485	$1.66	2d	8	1.11mi
3307 Olive St St. Louis, MO	1.0–2.0	1.0	912	$855	$0.94	44d	1	1.29mi
2729 Park Ave Unit 1321-D St. Louis, MO	1.0	1.0	660	$850	$1.29	44d	1	1.31mi
1515 S 7th St St. Louis, MO	2.0	1.0–2.0	791	$2,350	$2.97	2d	1	1.35mi

HOA detail condo

• Monthly dues: $556 · $6,672/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 17 events

1. 2026-06-21
   days on market $25,000 Active 9 DOM
2. 2026-06-18
   days on market $25,000 Active 6 DOM
3. 2026-06-17
   days on market $25,000 Active 5 DOM
4. 2026-06-16
   days on market $25,000 Active 4 DOM
5. 2026-06-15
   days on market $25,000 Active 3 DOM
6. 2026-06-13
   pricedays on marketlisting id $25,000 Active 1 DOM
7. 2026-06-09
   days on market $65,000 Active 92 DOM
8. 2026-06-08
   days on market $65,000 Active 91 DOM
9. 2026-06-08
   days on market $65,000 Active 90 DOM
10. 2026-06-05
    days on market $65,000 Active 87 DOM
11. 2026-06-03
    days on market $65,000 Active 86 DOM
12. 2026-06-02
    days on market $65,000 Active 85 DOM
13. 2026-06-01
    days on market $65,000 Active 84 DOM
14. 2026-05-31
    days on market $65,000 Active 83 DOM
15. 2026-04-30
    price $65,000 1325-char remark
16. 2026-03-10
    listed $75,000 Active 1325-char remark
17. 2026-03-10
    historical $75,000 1325-char remark

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

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 ≥109°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,048
• − Mortgage interest: −$1,400
• − Property taxes: −$375
• − Insurance: −$125
• − Repairs & maintenance: −$1,124
• − Management: −$1,124
• − HOA: −$6,672
• − Depreciation: −$727
• Taxable income: $2,500
• Est. tax owed @ 24.0%: −$600
• After-tax cash flow: $1,752/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): 8,778
• Household income: $40,943
• Rent vs Own: 82.5% rent · 17.5% own
• Severe rent burden: 960.0

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: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: White 43% Black 40% Asian 8% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Romanian 3% Lithuanian 2% Italian 2%
• Foreign-born: 8% · Canada, China
• Languages at home: 87% English-only · Other Indo-European 4% Spanish 3% Arabic 1%

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: ▲ 0.66%
• Current HPI: 116.4477
• Rent YoY: ▲ 9.20%
• 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

-66.7% since first listed

5 events — show timeline

• 2026-06-13 Listed $25,000 MARIS as Distributed by MLS Grid
• 2026-06-12 Coming Soon $25,000 MARIS as Distributed by MLS Grid
• 2026-04-30 Price Changed $65,000 MARIS as Distributed by MLS Grid
• 2026-03-10 Listed $75,000 MARIS as Distributed by MLS Grid
• 2026-03-10 Coming Soon — MARIS as Distributed by MLS Grid