7343 Virginia Ave · St. Louis, MO 63118

$55,000

2 bd · 1.0 ba · 647 sqft · SingleFamily public records · 308 Days on market

Built 1893 4,900 sqft lot $85/sqft · 39% below area

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Rent growth +3.7/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor special. Tenant already in ready to collect rent monthly. Home has been moderately renovated in the last 2 years. Detached 1 car garage in the rear of the building.

Key facts

• Detached car garage
• 4,900 sq ft lot
• Garage

Tags

• DETACHED CAR GARAGE

🏷️ Possibly a rental listed for sale. The $55,000 price doesn't fit this home's estimated sale value (~$144,902) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $55k.

Deal economics

• At list price, monthly cash flow is $352 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($898 rent vs $55k).
• Recommended offer: $48k (12.0% below list) — sets the bar for market timing.
• Cap rate 14.0% 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: Rents rising fast (+4.9%/yr); 240 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 48% of comp listings sitting > 30 days — soft ceiling on asking rent; 294 units permitted in St. Louis city in 2024 (227 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $380 of loan paydown is wiped out by about $2k 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 + 4.9% rent growth), your $15k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 308 days — a 12% lower offer ($48k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 5y ago; this cycle's ask has dropped $25k (31%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $40k; 38% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1893 — 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 $48,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 308 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1893 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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.
6. 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.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.63% ✓
• Cap rate: 13.98%
• Cash-on-cash: 27.44%
• DSCR: 2.22
• GRM: 5.1

CMA / ARV

• ARV (median comp): $144,902
• List price: $55,000
• Delta: -62.04%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7413 Pennsylvania Ave	0.20mi	1/1.0 (-1)	673 (+4%)	12mo	$62,000	$92	68
7923 Water St	0.51mi	2/1.0	688 (+6%)	1mo	$99,000	$144	65
6803 Virginia Ave	0.39mi	2/1.0	569 (-12%)	7mo	$115,000	$202	56
7100 Idaho Ave	0.23mi	2/1.0	728 (+12%)	16mo	$119,900	$165	55
6925 Field Ave	0.74mi	1/1.0 (-1)	672 (+4%)	13mo	$115,000	$171	44
505 Hurck St	0.59mi	1/1.0 (-1)	669 (+3%)	22mo	$59,900	$90	44
7219 Eugene Ave	0.57mi	2/1.0	704 (+9%)	22mo	$129,900	$185	40
3649 Koeln Ave	0.51mi	2/1.0	717 (+11%)	23mo	$140,000	$195	38
3663 Steins St	0.56mi	1/1.0 (-1)	734 (+13%)	14mo	$110,000	$150	35

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 · 4.89% rent growth · sell at horizon

5-year hold

• IRR: 23.5%
• Equity multiple: 1.99×
• Total profit: $15,257
• Equity at exit: $8,201

10-year hold

• IRR: 32.6%
• Equity multiple: 4.22×
• Total profit: $49,590
• Equity at exit: $4,755

Cash invested: $15,400 (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 63118

• Rents YoY: 4.9%
• Active inventory: 240
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $898 high
• Mortgage (P&I): −$288
• Tax from tax record: −$46 /mo · $556/yr
• Insurance: −$23
• HOA: −$0
• Vacancy / Maint / Mgmt: −$189
• Net cashflow: $352

Break-even live

Break-even rent $453

Max offer price $55,000

Occupancy floor 56%

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: $13,750
• Closing costs: $1,650
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7320 Vermont Ave Unit 2nd St. Louis, MO	1.0	1.0	710	$750	$1.06	44d	1	0.03mi
7614 Virginia Ave Unit 7614 St. Louis, MO	2.0	1.0	750	$750	$1.00	24d	1	0.21mi
807 W Courtois St Apt B St. Louis, MO	1.0	1.0	600	$735	$1.23	44d	1	0.30mi
7851 Bandero Dr Saint Louis, MO	1.0–2.0	1.0	800	$1,100	$1.38	12d	1	0.50mi
8125 Michigan Ave St. Louis, MO	1.0–2.0	1.0–2.0	797	$1,150	$1.44	15d	1	0.54mi
3601 Holly Hills Blvd Apt 19 St. Louis, MO	2.0	1.0	700	$875	$1.25	3d	1	0.75mi
6327 S Grand Blvd Unit 1E St. Louis, MO	1.0	1.0	650	$799	$1.23	44d	1	0.77mi
8511 Idaho Ave Unit 1st Floor St. Louis, MO	1.0	1.0	750	$850	$1.13	12d	1	0.81mi
5507 Louisiana 2nd fl St. Louis, MO	1.0	1.0	705	$795	$1.13	44d	1	1.03mi
218-220 Bellerive Blvd Unit 218 St. Louis, MO	1.0	1.0	550	$725	$1.32	12d	1	1.08mi
120 Bellerive Blvd Saint Louis, MO	1.0	1.0	700	$795	$1.14	44d	1	1.10mi
112 Bellerive Blvd Saint Louis, MO	1.0	1.0	700	$795	$1.14	44d	1	1.10mi
5625 S Grand Blvd Unit 2D St. Louis, MO	1.0	1.0	650	$840	$1.29	11d	1	1.13mi
5625 S Grand Blvd Unit 5625 St. Louis, MO	1.0	1.0	650	$840	$1.29	24d	1	1.13mi
5618 S Grand Blvd Unit 10 St. Louis, MO	1.0	1.0	600	$799	$1.33	44d	1	1.15mi
510 Fassen St Unit 510 St. Louis, MO	1.0	1.0	700	$850	$1.21	15d	1	1.19mi
510 Fassen St Unit 512 St. Louis, MO	1.0	1.0	700	$795	$1.14	15d	1	1.19mi
4117 Germania St Saint Louis, MO	1.0	1.0	750	$925	$1.23	44d	1	1.27mi
440 Eichelberger St Saint Louis, MO	2.0	1.0	750	$850	$1.13	3d	1	1.30mi
5305 S Compton Ave St. Louis, MO	2.0	1.0	750	$825	$1.10	44d	1	1.31mi
7500 Morganford Rd Saint Louis, MO	1.0	1.0	750	$925	$1.23	44d	1	1.32mi
329 Eichelberger St Unit D St. Louis, MO	1.0	1.0	550	$899	$1.63	44d	1	1.35mi
329 Eichelberger St Unit A St. Louis, MO	1.0	1.0	550	$890	$1.62	24d	1	1.35mi
5043 Alaska Ave Unit B St. Louis, MO	1.0	1.0	750	$820	$1.09	22d	1	1.41mi
5043 Alaska Ave Unit D St. Louis, MO	1.0	1.0	750	$795	$1.06	44d	1	1.41mi

Listing history 32 events

1. 2026-06-18
   days on market $55,000 Active 308 DOM
2. 2026-06-17
   days on market $55,000 Active 307 DOM
3. 2026-06-16
   days on market $55,000 Active 306 DOM
4. 2026-06-15
   days on market $55,000 Active 305 DOM
5. 2026-06-13
   days on market $55,000 Active 303 DOM
6. 2026-06-09
   days on market $55,000 Active 299 DOM
7. 2026-06-08
   days on market $55,000 Active 298 DOM
8. 2026-06-08
   days on market $55,000 Active 297 DOM
9. 2026-06-05
   days on market $55,000 Active 294 DOM
10. 2026-06-03
    days on market $55,000 Active 293 DOM
11. 2026-06-02
    days on market $55,000 Active 292 DOM
12. 2026-06-01
    days on market $55,000 Active 291 DOM
13. 2026-06-01
    days on market $55,000 Active 290 DOM
14. 2026-02-11
    price $55,000 173-char remark

    Show marketing remark (173 chars)

    Investor special. Tenant already in ready to collect rent monthly. Home has been moderately renovated in the last 2 years. Detached 1 car garage in the rear of the building.

15. 2025-12-08
    status Active 173-char remark

    Show marketing remark (173 chars)

    Investor special. Tenant already in ready to collect rent monthly. Home has been moderately renovated in the last 2 years. Detached 1 car garage in the rear of the building.

16. 2025-12-08
    price $65,000 173-char remark

    Show marketing remark (173 chars)

    Investor special. Tenant already in ready to collect rent monthly. Home has been moderately renovated in the last 2 years. Detached 1 car garage in the rear of the building.

17. 2025-12-03
    historical Active Under Contract 173-char remark

    Show marketing remark (173 chars)

    Investor special. Tenant already in ready to collect rent monthly. Home has been moderately renovated in the last 2 years. Detached 1 car garage in the rear of the building.

18. 2025-11-07
    price $70,000 173-char remark

    Show marketing remark (173 chars)

    Investor special. Tenant already in ready to collect rent monthly. Home has been moderately renovated in the last 2 years. Detached 1 car garage in the rear of the building.

19. 2025-09-30
    price $75,000 173-char remark

    Show marketing remark (173 chars)

    Investor special. Tenant already in ready to collect rent monthly. Home has been moderately renovated in the last 2 years. Detached 1 car garage in the rear of the building.

20. 2025-08-15
    listed $80,000 Active 173-char remark

    Show marketing remark (173 chars)

    Investor special. Tenant already in ready to collect rent monthly. Home has been moderately renovated in the last 2 years. Detached 1 car garage in the rear of the building.

21. 2022-03-07
    soldstatus $40,000
22. 2022-03-03
    soldstatus Closed 539-char remark

    Show marketing remark (539 chars)

    Looking for a great investment property or flip or home in South City near HWY 55. Walking distance to Carondelet Park, YMCA, and Loughborough Commons shopping. This home is 10 mins from Soulard Market, 15 mins to Downtown St. Louis, and major hospital systems in St. Louis, MO. Great brick home with metal roof, with some TLC you can make this home yours. Kitchen can be moved back to main level or you can have to living areas or in-law quarters or make it a 2 family. Square footage of home may not be accurate it was from tax records.

23. 2022-02-23
    status Pending 539-char remark

    Show marketing remark (539 chars)

    Looking for a great investment property or flip or home in South City near HWY 55. Walking distance to Carondelet Park, YMCA, and Loughborough Commons shopping. This home is 10 mins from Soulard Market, 15 mins to Downtown St. Louis, and major hospital systems in St. Louis, MO. Great brick home with metal roof, with some TLC you can make this home yours. Kitchen can be moved back to main level or you can have to living areas or in-law quarters or make it a 2 family. Square footage of home may not be accurate it was from tax records.

24. 2022-02-17
    historical 539-char remark

    Show marketing remark (539 chars)

    Looking for a great investment property or flip or home in South City near HWY 55. Walking distance to Carondelet Park, YMCA, and Loughborough Commons shopping. This home is 10 mins from Soulard Market, 15 mins to Downtown St. Louis, and major hospital systems in St. Louis, MO. Great brick home with metal roof, with some TLC you can make this home yours. Kitchen can be moved back to main level or you can have to living areas or in-law quarters or make it a 2 family. Square footage of home may not be accurate it was from tax records.

25. 2022-02-16
    status Active 539-char remark

    Show marketing remark (539 chars)

    Looking for a great investment property or flip or home in South City near HWY 55. Walking distance to Carondelet Park, YMCA, and Loughborough Commons shopping. This home is 10 mins from Soulard Market, 15 mins to Downtown St. Louis, and major hospital systems in St. Louis, MO. Great brick home with metal roof, with some TLC you can make this home yours. Kitchen can be moved back to main level or you can have to living areas or in-law quarters or make it a 2 family. Square footage of home may not be accurate it was from tax records.

26. 2022-02-16
    historical 539-char remark

    Show marketing remark (539 chars)

    Looking for a great investment property or flip or home in South City near HWY 55. Walking distance to Carondelet Park, YMCA, and Loughborough Commons shopping. This home is 10 mins from Soulard Market, 15 mins to Downtown St. Louis, and major hospital systems in St. Louis, MO. Great brick home with metal roof, with some TLC you can make this home yours. Kitchen can be moved back to main level or you can have to living areas or in-law quarters or make it a 2 family. Square footage of home may not be accurate it was from tax records.

27. 2021-12-11
    price $47,000 539-char remark

    Show marketing remark (539 chars)

    Looking for a great investment property or flip or home in South City near HWY 55. Walking distance to Carondelet Park, YMCA, and Loughborough Commons shopping. This home is 10 mins from Soulard Market, 15 mins to Downtown St. Louis, and major hospital systems in St. Louis, MO. Great brick home with metal roof, with some TLC you can make this home yours. Kitchen can be moved back to main level or you can have to living areas or in-law quarters or make it a 2 family. Square footage of home may not be accurate it was from tax records.

28. 2021-09-30
    listed $50,000 Active 539-char remark

    Show marketing remark (539 chars)

    Looking for a great investment property or flip or home in South City near HWY 55. Walking distance to Carondelet Park, YMCA, and Loughborough Commons shopping. This home is 10 mins from Soulard Market, 15 mins to Downtown St. Louis, and major hospital systems in St. Louis, MO. Great brick home with metal roof, with some TLC you can make this home yours. Kitchen can be moved back to main level or you can have to living areas or in-law quarters or make it a 2 family. Square footage of home may not be accurate it was from tax records.

29. 2004-11-17
    soldstatus $37,807
30. 2003-10-10
    soldstatus $31,900
31. 2000-02-28
    soldstatus $15,000
32. 1999-03-18
    soldstatus

ⓘ 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: $556 · $46/mo
• Projected year-2 tax: $556 · $46/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 6/10 Major 7 d/yr ≥109°F today · 21 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: $10,782
• − Mortgage interest: −$3,081
• − Property taxes: −$556
• − Insurance: −$275
• − Repairs & maintenance: −$863
• − Management: −$863
• − Depreciation: −$1,600
• Taxable income: $3,545
• Est. tax owed @ 24.0%: −$851
• After-tax cash flow: $3,375/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): 25,913
• Household income: $57,762
• Rent vs Own: 56.1% rent · 43.9% own
• Severe rent burden: 1495.0

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 0.63)
• Race & ethnicity: White 44% Black 41% Two or more races 8% Hispanic / Latino 8% Asian 2%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Slovak 2% Lithuanian 2% Romanian 2%
• Foreign-born: 6% · Canada, Vietnam
• Languages at home: 90% English-only · Spanish 5% Vietnamese 1% French/Haitian/Cajun 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: ▼ -347.51%
• Current HPI: 171.5963
• Rent YoY: ▲ 4.89%
• 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

+266.7% since first listed

19 events — show timeline

• 2026-02-11 Price Changed $55,000 MARIS as Distributed by MLS Grid
• 2025-12-08 Relisted — MARIS as Distributed by MLS Grid
• 2025-12-08 Price Changed $65,000 MARIS as Distributed by MLS Grid
• 2025-12-03 Contingent — MARIS as Distributed by MLS Grid
• 2025-11-07 Price Changed $70,000 MARIS as Distributed by MLS Grid
• 2025-09-30 Price Changed $75,000 MARIS as Distributed by MLS Grid
• 2025-08-15 Listed $80,000 MARIS as Distributed by MLS Grid
• 2022-03-07 Sold (Public Records) $40,000 Public Records
• 2022-03-03 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2022-02-23 Pending — MARIS as Distributed by MLS Grid
• 2022-02-17 Delisted — MARIS as Distributed by MLS Grid
• 2022-02-16 Relisted — MARIS as Distributed by MLS Grid
• 2022-02-16 Delisted — MARIS as Distributed by MLS Grid
• 2021-12-11 Price Changed $47,000 MARIS as Distributed by MLS Grid
• 2021-09-30 Listed $50,000 MARIS as Distributed by MLS Grid
• 2004-11-17 Sold (Public Records) $37,807 Public Records
• 2003-10-10 Sold (Public Records) $31,900 Public Records
• 2000-02-28 Sold (Public Records) $15,000 Public Records
• 1999-03-18 Sold (Public Records) — Public Records

Property tax history

+2.8%/yr

Latest (2023): $556 · +4.9% YoY. Source: county tax records.