None · St. Louis, MO 63111

$149,980

3 bd · 1.0 ba · 1,348 sqft · SingleFamily public records · 76 Days on market

Built 1899 5,702 sqft lot $111/sqft · at area comps Est $155k · at est.

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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 +15.8/30.0
• ARV discount +9.0/15.0
• DSCR +4.9/10.0
• 1% rule +3.5/10.0
• Rent growth +3.3/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Don’t miss this fantastic investment opportunity in stabilized South City! This fully leased, fully renovated 3-bedroom, 2-bathroom multi-story house is an ideal addition to any portfolio, offering immediate income with long-term tenants already in place and a history of reliable occupancy. The home features a spacious layout, including an additional large sunroom that adds valuable living space and tenant appeal. Both the kitchen and bathrooms have been tastefully updated, blending modern finishes with everyday functionality. Recent improvements further enhance the property’s value and minimize maintenance, including a new roof, durable vinyl flooring, newer windows, and a new metal fence for added security and curb appeal. The second floor bathroom has been refreshed with a new floor and vanity, and a new garage door motor adds extra convenience. With strong positive cash flow and minimal upkeep required, this property is perfectly suited for investors seeking a turnkey rental in a solid, established area. A smart, hassle-free investment you won’t want to pass up!

Key facts

• Fully renovated
• Large sunroom
• Updated bathrooms

Tags

• FULLY RENOVATED
• LARGE SUNROOM
• UPDATED KITCHEN
• UPDATED BATHROOMS
• NEW ROOF
• DURABLE VINYL FLOORING

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $69 ($831/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $128k (14.7% below list).
• Recommended offer: $128k (14.7% below list) — sets the bar for 1% rule.
• Cap rate 6.8% 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.
• Market conditions: Rents rising (+3.3%/yr); 125 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% 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).
• This rent runs 33% of the median local income ($47k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k 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.

Negotiation context

• It's been on market 76 days — a 6% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 6y ago 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.
• Current owner paid $76k; list at $150k implies a 97% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1899 — 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 $127,936 (14.7% below list)

Questions for the listing agent

1. It's been on market 76 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
2. Built in 1899 — 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. 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 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: 0.85% ✗
• Cap rate: 6.85%
• Cash-on-cash: 1.98%
• DSCR: 1.09
• GRM: 9.8

CMA / ARV

• ARV (median comp): $155,112
• List price: $149,980
• Delta: -3.31%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
510 Holly Hills Ave	0.28mi	3/1.5	1,304 (-3%)	3mo	$194,500	$149	78
6446 Virginia Ave	0.22mi	2/1.5 (-1)	1,408 (+4%)	2mo	$160,000	$114	74
6610 Alabama Ave	0.14mi	2/1.0 (-1)	1,172 (-13%)	3mo	$145,000	$124	64
6156 Louisiana Ave	0.44mi	2/1.5 (-1)	1,455 (+8%)	1mo	$200,000	$137	58
7725 Ivory Ave	0.64mi	3/1.5	1,275 (-5%)	2mo	$150,000	$118	58
6142 Alaska Ave	0.44mi	2/2.0 (-1)	1,418 (+5%)	6mo	$139,900	$99	57
7111 S Grand Ave	0.41mi	2/2.0 (-1)	1,248 (-7%)	6mo	$225,000	$180	55
3637 Roswell Ave	0.47mi	3/2.0	1,501 (+11%)	6mo	$207,900	$139	50
3633 Fillmore St	0.65mi	3/1.0	1,196 (-11%)	2mo	$135,000	$113	49
800 Wilmington Ave	0.55mi	3/2.0	1,155 (-14%)	4mo	$195,000	$169	43
7700 Michigan Ave	0.61mi	4/1.5 (+1)	1,504 (+12%)	3mo	$175,000	$116	42
3854 Loughborough Ave	0.74mi	2/1.5 (-1)	1,520 (+13%)	0mo	$249,900	$164	37

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 · 3.27% rent growth · sell at horizon

5-year hold

• IRR: -12.9%
• Equity multiple: 0.53×
• Total profit: $-19,584
• Equity at exit: $22,363

10-year hold

• IRR: -3.6%
• Equity multiple: 0.76×
• Total profit: $-10,095
• Equity at exit: $12,968

Cash invested: $41,994 (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 63111

• Rents YoY: 3.3%
• Active inventory: 125
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $1,279 high
• Mortgage (P&I): −$787
• Tax from tax record: −$92 /mo · $1,109/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$269
• Net cashflow: $69

Break-even live

Break-even rent $1,192

Max offer price $149,980

Occupancy floor 90%

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: $37,495
• Closing costs: $4,499
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6730 Vermont Ave Saint Louis, MO	3.0	2.0	1534	$1,600	$1.04	14d	1	0.05mi
6915 Alabama Ave Unit 1st Floor St. Louis, MO	2.0	1.0	1248	$1,200	$0.96	43d	1	0.08mi
6800 Virginia Ave Unit 1 St. Louis, MO	3.0	1.0	1500	$1,475	$0.98	17d	1	0.11mi
6436 Idaho Ave Saint Louis, MO	2.0	1.0	1050	$995	$0.95	43d	1	0.22mi
128 Haven St Unit 2F St. Louis, MO	2.0	1.0	900	$950	$1.06	10d	1	0.32mi
7024 Pennsylvania Ave Unit F St. Louis, MO	2.0	1.0	1081	$930	$0.86	16d	1	0.33mi
7417 Vermont Ave St. Louis, MO	1.0–2.0	1.0–2.0	1144	$1,600	$1.40	1d	8	0.38mi
7417 Vermont Ave Unit 103 St. Louis, MO	2.0	2.0	1069	$1,500	$1.40	14d	1	0.39mi
7109 Eugene Ave Saint Louis, MO	3.0	2.0	1029	$1,495	$1.45	2d	1	0.56mi
711 Wilmington Ave Unit NA St. Louis, MO	2.0	1.0	1051	$1,300	$1.24	43d	1	0.60mi
807 W Courtois St Apt D St. Louis, MO	2.0	1.0	900	$925	$1.03	43d	1	0.62mi
813 W Courtois St Apt C St. Louis, MO	2.0	1.0	1000	$895	$0.90	43d	1	0.62mi
712 Dover Pl Saint Louis, MO	2.0	1.0	1100	$900	$0.82	43d	1	0.64mi
712 Dover Pl Unit 1FL St. Louis, MO	2.0	1.0	1100	$1,000	$0.91	43d	1	0.64mi
736 Dover Pl Unit 1F St. Louis, MO	2.0	1.0	1200	$1,395	$1.16	43d	1	0.64mi
3641 Wilmington Ave Saint Louis, MO	2.0	1.0	1175	$1,050	$0.89	43d	1	0.75mi
7924 Michigan Ave Unit 2F St. Louis, MO	3.0	2.0	1250	$1,195	$0.96	3d	1	0.75mi
3668 Wilmington Ave Saint Louis, MO	2.0	1.0	1214	$1,350	$1.11	43d	1	0.75mi
3668a Wilmington Ave St. Louis, MO	2.0	1.0	1212	$1,295	$1.07	14d	1	0.76mi
3857 Boulevard Heights Ct Saint Louis, MO	3.0	2.5	1697	$2,250	$1.33	1d	1	0.80mi
8125 Michigan Ave St. Louis, MO	1.0–2.0	1.0–2.0	797	$1,150	$1.44	14d	1	0.86mi
5707 Dewey Ave Unit 1F St. Louis, MO	2.0	1.0	1000	$1,050	$1.05	14d	1	0.91mi
5028 Louisiana Ave Saint Louis, MO	2.0	1.0	1200	$1,100	$0.92	43d	1	1.13mi
5102 Wicklow Pl Saint Louis, MO	2.0	1.5	928	$1,350	$1.45	23d	1	1.13mi
3824 Eiler St Saint Louis, MO	2.0	1.0	1000	$1,050	$1.05	23d	1	1.14mi
3945 Crosby Dr Saint Louis, MO	2.0	1.0	1100	$2,083	$1.89	1d	1	1.16mi
4075 Bowen St Saint Louis, MO	2.0	1.0	1200	$1,200	$1.00	43d	1	1.16mi
4114 Alma Ave Saint Louis, MO	3.0	1.5	1269	$2,065	$1.63	1d	1	1.20mi
5027 S Broadway St Unit 5027 St. Louis, MO	2.0	1.0	900	$950	$1.06	43d	1	1.20mi
3243 Delor St Unit 3243 St. Louis, MO	3.0	1.0	1100	$1,250	$1.14	21d	1	1.21mi
3324 Liberty St Saint Louis, MO	2.0	1.0	1100	$950	$0.86	16d	1	1.23mi
5009 S Broadway St Unit 5011A St. Louis, MO	2.0	1.0	990	$1,200	$1.21	43d	1	1.23mi
6135 Newport Ave Saint Louis, MO	2.0	1.0	960	$1,976	$2.06	1d	1	1.25mi
3659 Delor St Unit 3659-1F St. Louis, MO	2.0	1.5	900	$1,115	$1.24	43d	1	1.25mi
3705 Delor St Unit 3705-1F St. Louis, MO	2.0	1.5	900	$1,225	$1.36	43d	1	1.27mi
4716 Louisiana Ave Unit 2F St. Louis, MO	2.0	1.0	1200	$995	$0.83	43d	1	1.28mi
3717 Delor St Unit 37172-F St. Louis, MO	2.0	1.5	900	$1,115	$1.24	23d	1	1.28mi
3661 Delor St Unit 3661-2F St. Louis, MO	2.0	1.5	900	$1,115	$1.24	43d	1	1.29mi
3661 Delor St Unit 3661-1F St. Louis, MO	2.0	1.5	900	$1,225	$1.36	43d	1	1.29mi
3709 Delor St Unit 3709-1F St. Louis, MO	2.0	1.5	900	$1,225	$1.36	43d	1	1.29mi

Listing history 24 events

1. 2026-06-18
   days on market $149,980 Active 76 DOM
2. 2026-06-17
   days on market $149,980 Active 75 DOM
3. 2026-06-16
   days on market $149,980 Active 74 DOM
4. 2026-06-15
   days on market $149,980 Active 73 DOM
5. 2026-06-13
   days on market $149,980 Active 71 DOM
6. 2026-06-09
   days on market $149,980 Active 67 DOM
7. 2026-06-08
   days on market $149,980 Active 66 DOM
8. 2026-06-08
   days on market $149,980 Active 65 DOM
9. 2026-06-05
   days on market $149,980 Active 62 DOM
10. 2026-06-03
    days on market $149,980 Active 61 DOM
11. 2026-06-02
    days on market $149,980 Active 60 DOM
12. 2026-06-01
    days on market $149,980 Active 59 DOM
13. 2026-05-31
    days on market $149,980 Active 58 DOM
14. 2026-04-03
    listed $149,980 Active 1103-char remark

    Show marketing remark (1103 chars)

    Don’t miss this fantastic investment opportunity in stabilized South City! This fully leased, fully renovated 3-bedroom, 2-bathroom multi-story house is an ideal addition to any portfolio, offering immediate income with long-term tenants already in place and a history of reliable occupancy. The home features a spacious layout, including an additional large sunroom that adds valuable living space and tenant appeal. Both the kitchen and bathrooms have been tastefully updated, blending modern finishes with everyday functionality. Recent improvements further enhance the property’s value and minimize maintenance, including a new roof, durable vinyl flooring, newer windows, and a new metal fence for added security and curb appeal. The second floor bathroom has been refreshed with a new floor and vanity, and a new garage door motor adds extra convenience. With strong positive cash flow and minimal upkeep required, this property is perfectly suited for investors seeking a turnkey rental in a solid, established area. A smart, hassle-free investment you won’t want to pass up!

15. 2021-01-14
    soldstatus Closed 239-char remark

    Show marketing remark (239 chars)

    This spacious home is a must see! It features 3 bedrooms, 1.5 bathrooms, main floor laundry, 2 car detached garage and so much more. Hurry this will not last long at this great price! Property is being sold as is with no seller disclosure.

16. 2021-01-04
    status Pending 239-char remark

    Show marketing remark (239 chars)

    This spacious home is a must see! It features 3 bedrooms, 1.5 bathrooms, main floor laundry, 2 car detached garage and so much more. Hurry this will not last long at this great price! Property is being sold as is with no seller disclosure.

17. 2020-12-18
    status Active 239-char remark

    Show marketing remark (239 chars)

    This spacious home is a must see! It features 3 bedrooms, 1.5 bathrooms, main floor laundry, 2 car detached garage and so much more. Hurry this will not last long at this great price! Property is being sold as is with no seller disclosure.

18. 2020-12-18
    price $59,900 239-char remark

    Show marketing remark (239 chars)

    This spacious home is a must see! It features 3 bedrooms, 1.5 bathrooms, main floor laundry, 2 car detached garage and so much more. Hurry this will not last long at this great price! Property is being sold as is with no seller disclosure.

19. 2020-12-18
    status Pending 239-char remark

    Show marketing remark (239 chars)

    This spacious home is a must see! It features 3 bedrooms, 1.5 bathrooms, main floor laundry, 2 car detached garage and so much more. Hurry this will not last long at this great price! Property is being sold as is with no seller disclosure.

20. 2020-10-15
    price $64,900 239-char remark

    Show marketing remark (239 chars)

    This spacious home is a must see! It features 3 bedrooms, 1.5 bathrooms, main floor laundry, 2 car detached garage and so much more. Hurry this will not last long at this great price! Property is being sold as is with no seller disclosure.

21. 2020-09-14
    status Active 239-char remark

    Show marketing remark (239 chars)

    This spacious home is a must see! It features 3 bedrooms, 1.5 bathrooms, main floor laundry, 2 car detached garage and so much more. Hurry this will not last long at this great price! Property is being sold as is with no seller disclosure.

22. 2020-09-01
    historical 239-char remark

    Show marketing remark (239 chars)

    This spacious home is a must see! It features 3 bedrooms, 1.5 bathrooms, main floor laundry, 2 car detached garage and so much more. Hurry this will not last long at this great price! Property is being sold as is with no seller disclosure.

23. 2020-08-31
    listed $69,900 Active 239-char remark

    Show marketing remark (239 chars)

    This spacious home is a must see! It features 3 bedrooms, 1.5 bathrooms, main floor laundry, 2 car detached garage and so much more. Hurry this will not last long at this great price! Property is being sold as is with no seller disclosure.

24. 1998-11-13
    soldstatus $76,000

ⓘ 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: $1,109 · $92/mo
• Projected year-2 tax: $1,455 · $121/mo
• Expected delta: +$345/yr (+$29/mo · 31.1%)

ⓘ 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 ≥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: $15,352
• − Mortgage interest: −$8,401
• − Property taxes: −$1,109
• − Insurance: −$750
• − Repairs & maintenance: −$1,228
• − Management: −$1,228
• − Depreciation: −$4,363
• Taxable loss: −$1,728
• Est. tax savings @ 24.0%: +$415
• After-tax cash flow: $1,246/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): 18,851
• Household income: $47,039
• Rent vs Own: 61.6% rent · 38.4% own
• Severe rent burden: 1364.0

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: Black 42% White 41% Two or more races 11% Hispanic / Latino 9% Asian 1%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Lithuanian 3% Slovak 1% Romanian 1%
• Foreign-born: 7% · Canada, India
• Languages at home: 90% English-only · Spanish 7% Other Indo-European 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: ▼ -92.80%
• Current HPI: 169.4644
• Rent YoY: ▲ 3.27%
• 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

+97.3% since first listed

11 events — show timeline

• 2026-04-03 Listed $149,980 MARIS as Distributed by MLS Grid
• 2021-01-14 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2021-01-04 Pending — MARIS as Distributed by MLS Grid
• 2020-12-18 Relisted — MARIS as Distributed by MLS Grid
• 2020-12-18 Price Changed $59,900 MARIS as Distributed by MLS Grid
• 2020-12-18 Pending — MARIS as Distributed by MLS Grid
• 2020-10-15 Price Changed $64,900 MARIS as Distributed by MLS Grid
• 2020-09-14 Relisted — MARIS as Distributed by MLS Grid
• 2020-09-01 Delisted — MARIS as Distributed by MLS Grid
• 2020-08-31 Listed $69,900 MARIS as Distributed by MLS Grid
• 1998-11-13 Sold (Public Records) $76,000 Public Records

Property tax history

+2.1%/yr

Latest (2024): $1,109 · +5.0% YoY. Source: county tax records.