4616 Louisiana Ave · St. Louis, MO 63111

$124,900

2 bd · 1.0 ba · 1,350 sqft · SingleFamily public records · 4 Days on market

Built 1909 4,338 sqft lot Est $173k · 28% under

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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 +16.3/30.0
• ARV discount +15.0/15.0
• DSCR +5.1/10.0
• 1% rule +3.6/10.0
• 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

Here's your chance to own a piece of St. Louis history! This gorgeous home is located in the beautiful Alaska Heights Neighborhood. The home features 2 large bedrooms and a bonus room! Newly renovated main floor bathroom (2017), and a dining / living room combo for all your entertainment needs. You will enjoy the spacious eat-in kitchen, tranquil outdoor patio and all the space you could ever imagine. This well maintained home also features a newer electric panel (2017), Furnace/ AC ( 2015), Tuck pointing and new roof(2014). The only thing missing is your family!

Key facts

• Private patio
• Fenced outdoor space
• Off-street parking

Tags

• PRIVATE PATIO
• FENCED OUTDOOR SPACE
• OFF-STREET PARKING
• COZY SUNROOM

Property features AI

Exterior

• Utilities: Public water; Public sewer; Electricity connected (single phase); Natural gas connected
• Home design: Single-family residence; One story
• Construction: Brick construction
• Exterior features: Back yard; City lot

Interior

• Bedrooms: 2 bedrooms on the main level
• Bathrooms: 1 full bathroom on the main level
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Full walk-out basement; Decorative fireplace

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $70 ($835/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 $108k (13.5% below list).
• Recommended offer: $108k (13.5% below list) — sets the bar for 1% rule.
• Cap rate 7.0% 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 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: Woodward Elem. (math 2% / reading 8%, grade F, #1,072 of 1,115 statewide, top 98%, 239 students, 99% FRL); Roosevelt High (math 2% / reading 8%, grade F, #517 of 521 statewide, top 100%, 460 students, 99% 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 (+3.3%/yr); 125 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 40% 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 $864 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

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 8y 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 $85k; 47% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1909 — 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 $108,009 (13.5% below list)

Questions for the listing agent

1. Built in 1909 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 0.86% ✗
• Cap rate: 6.96%
• Cash-on-cash: 2.39%
• DSCR: 1.11
• GRM: 9.6

CMA / ARV

• ARV (on-the-fly): $172,800
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4659 Tennessee Ave	0.13mi	2/1.0	1,215 (-10%)	1mo	$109,000	$90	76
5011 Alaska Ave	0.31mi	3/1.5 (+1)	1,369 (+1%)	1mo	$184,900	$135	76
3139 Mount Pleasant St	0.29mi	3/2.0 (+1)	1,270 (-6%)	1mo	$175,000	$138	67
5238 Alabama Ave	0.52mi	3/1.0 (+1)	1,275 (-6%)	4mo	$85,000	$67	59
3025 Mount Pleasant St	0.39mi	3/2.0 (+1)	1,462 (+8%)	0mo	$130,000	$89	59
5015 Gerritt Ave	0.73mi	2/1.0	1,293 (-4%)	1mo	$165,000	$128	58
4636 S Compton Ave	0.30mi	3/2.0 (+1)	1,502 (+11%)	2mo	$180,000	$120	56
3628 Neosho St	0.22mi	3/2.0 (+1)	1,158 (-14%)	1mo	$189,900	$164	56
4609 S 38th St	0.44mi	3/2.0 (+1)	1,224 (-9%)	3mo	$125,000	$102	52
4921 S Compton Ave	0.44mi	3/2.0 (+1)	1,210 (-10%)	4mo	$224,900	$186	50
4412 Pennsylvania Ave	0.46mi	2/2.0	1,150 (-15%)	4mo	$165,000	$143	46
4471 S Spring Ave	0.51mi	3/2.0 (+1)	1,152 (-15%)	1mo	$135,000	$117	42

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: -12.3%
• Equity multiple: 0.56×
• Total profit: $-15,547
• Equity at exit: $18,623

10-year hold

• IRR: -2.8%
• Equity multiple: 0.81×
• Total profit: $-6,752
• Equity at exit: $10,799

Cash invested: $34,972 (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: 9.6×

Monthly cashflow live

• Estimated rent: $1,080 high
• Mortgage (P&I): −$655
• Tax from tax record: −$77 /mo · $920/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$227
• Net cashflow: $70

Break-even live

Break-even rent $992

Max offer price $124,900

Occupancy floor 89%

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: $31,225
• Closing costs: $3,747
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4637 Louisiana Ave Saint Louis, MO	2.0	1.0	1104	$1,175	$1.06	12d	1	0.07mi
4657 Idaho Ave Unit 4659 St. Louis, MO	2.0	2.0	1668	$1,295	$0.78	23d	1	0.12mi
4542 Virginia Ave Unit 1F St. Louis, MO	1.0	1.0	935	$700	$0.75	23d	1	0.14mi
4716 Louisiana Ave Unit 2F St. Louis, MO	2.0	1.0	1200	$995	$0.83	43d	1	0.19mi
4684 S Grand Blvd Saint Louis, MO	1.0	1.0	1000	$800	$0.80	10d	1	0.21mi
4401 Tennessee Ave Unit A St. Louis, MO	1.0	1.0	1100	$995	$0.90	4d	1	0.21mi
4416 S Grand Blvd Saint Louis, MO	3.0	1.0	963	$1,550	$1.61	23d	1	0.21mi
3230 Pulaski St Unit 3232B St. Louis, MO	1.0	1.0	892	$885	$0.99	4d	1	0.22mi
4617 S Compton Ave Saint Louis, MO	1.0	1.0	987	$795	$0.81	3d	1	0.24mi
4722 S Grand Blvd Unit 2N St. Louis, MO	1.0	1.0	925	$750	$0.81	14d	1	0.26mi
3324 Liberty St Saint Louis, MO	2.0	1.0	1100	$950	$0.86	16d	1	0.26mi
3635 Marceline Ter Unit 2ND St. Louis, MO	3.0	1.0	1250	$1,275	$1.02	43d	1	0.27mi
5028 Louisiana Ave Saint Louis, MO	2.0	1.0	1200	$1,100	$0.92	43d	1	0.35mi
3243 Delor St Unit 3243 St. Louis, MO	3.0	1.0	1100	$1,250	$1.14	22d	1	0.35mi
4217 S Grand Blvd Unit 1 St. Louis, MO	3.0	1.0	1250	$1,400	$1.12	4d	1	0.37mi
4513 Pennsylvania Ave Unit 4515 1F St. Louis, MO	1.0	1.0	1000	$875	$0.88	43d	1	0.39mi
3659 Delor St Unit 3659-1F St. Louis, MO	2.0	1.5	900	$1,115	$1.24	43d	1	0.40mi
3661 Delor St Unit 3661-1F St. Louis, MO	2.0	1.5	900	$1,225	$1.36	43d	1	0.40mi
3661 Delor St Unit 3661-2F St. Louis, MO	2.0	1.5	900	$1,115	$1.24	43d	1	0.40mi
3707a Delor St Unit 3707-2F St. Louis, MO	2.0	1.5	900	$1,115	$1.24	43d	1	0.41mi
3709 Delor St Unit 3709-1F St. Louis, MO	2.0	1.5	900	$1,225	$1.36	43d	1	0.42mi
4450 Pennsylvania Ave Saint Louis, MO	3.0	1.0	1500	$1,100	$0.73	4d	1	0.42mi
3711 Delor St Unit 3711-1F St. Louis, MO	2.0	1.5	900	$1,225	$1.36	23d	1	0.42mi
3705 Delor St Unit 3705-1F St. Louis, MO	2.0	1.5	900	$1,225	$1.36	43d	1	0.43mi
3719 Delor St Unit 3719-1F St. Louis, MO	2.0	1.5	900	$1,115	$1.24	43d	1	0.44mi
3723 Delor St Unit 3723-1F St. Louis, MO	2.0	1.5	900	$1,225	$1.36	43d	1	0.44mi
3647 Delor St Unit 3647-1F St. Louis, MO	2.0	1.5	900	$1,115	$1.24	43d	1	0.45mi
3717 Delor St Unit 37172-F St. Louis, MO	2.0	1.5	900	$1,115	$1.24	23d	1	0.45mi
3729 Delor St Unit 37292-F St. Louis, MO	2.0	1.5	900	$1,115	$1.24	23d	1	0.45mi
4234 Dewey Ave Saint Louis, MO	1.0	1.0	884	$745	$0.84	43d	1	0.46mi
3637 Meramec St Saint Louis, MO	3.0	1.5	1632	$1,925	$1.18	17d	1	0.46mi
3737 Delor St Unit 3737-1F St. Louis, MO	2.0	1.5	900	$1,115	$1.24	23d	1	0.46mi
3737 Delor St Unit 3737-2F St. Louis, MO	2.0	1.5	900	$1,115	$1.24	43d	1	0.46mi
4455 S 38th St Saint Louis, MO	3.0	1.0	1000	$1,000	$1.00	23d	1	0.47mi
3761 Delor St St. Louis, MO	2.0	1.5	900	$1,285	$1.43	1d	2	0.48mi
3765 Delor St Unit 37651-F St. Louis, MO	2.0	1.5	900	$1,225	$1.36	23d	1	0.49mi
4528 Nebraska Ave Unit 305 St. Louis, MO	2.0	2.0	950	$1,345	$1.42	23d	1	0.49mi
4145 S Compton Ave Saint Louis, MO	3.0	2.0	1656	$1,520	$0.92	43d	1	0.49mi
5102 Wicklow Pl Saint Louis, MO	2.0	1.5	928	$1,350	$1.45	23d	1	0.52mi
4222 S 38th St Unit 4222 St. Louis, MO	3.0	2.0	1836	$1,400	$0.76	20d	1	0.52mi

Listing history 6 events

1. 2026-05-14
   status Pending
2. 2026-05-10
   listed $124,900 Active
3. 2018-08-31
   soldstatus $84,900
4. 2018-08-28
   soldstatus Closed 570-char remark

   Show marketing remark (570 chars)

   Here's your chance to own a piece of St. Louis history! This gorgeous home is located in the beautiful Alaska Heights Neighborhood. The home features 2 large bedrooms and a bonus room! Newly renovated main floor bathroom (2017), and a dining / living room combo for all your entertainment needs. You will enjoy the spacious eat-in kitchen, tranquil outdoor patio and all the space you could ever imagine. This well maintained home also features a newer electric panel (2017), Furnace/ AC ( 2015), Tuck pointing and new roof(2014). The only thing missing is your family!

5. 2018-07-19
   status Pending 570-char remark

   Show marketing remark (570 chars)

   Here's your chance to own a piece of St. Louis history! This gorgeous home is located in the beautiful Alaska Heights Neighborhood. The home features 2 large bedrooms and a bonus room! Newly renovated main floor bathroom (2017), and a dining / living room combo for all your entertainment needs. You will enjoy the spacious eat-in kitchen, tranquil outdoor patio and all the space you could ever imagine. This well maintained home also features a newer electric panel (2017), Furnace/ AC ( 2015), Tuck pointing and new roof(2014). The only thing missing is your family!

6. 2018-06-11
   listed $84,900 Active 570-char remark

   Show marketing remark (570 chars)

   Here's your chance to own a piece of St. Louis history! This gorgeous home is located in the beautiful Alaska Heights Neighborhood. The home features 2 large bedrooms and a bonus room! Newly renovated main floor bathroom (2017), and a dining / living room combo for all your entertainment needs. You will enjoy the spacious eat-in kitchen, tranquil outdoor patio and all the space you could ever imagine. This well maintained home also features a newer electric panel (2017), Furnace/ AC ( 2015), Tuck pointing and new roof(2014). The only thing missing is your family!

ⓘ 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: $920 · $77/mo
• Projected year-2 tax: $1,212 · $101/mo
• Expected delta: +$291/yr (+$24/mo · 31.6%)

ⓘ 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 ≥108°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: $12,961
• − Mortgage interest: −$6,996
• − Property taxes: −$920
• − Insurance: −$624
• − Repairs & maintenance: −$1,037
• − Management: −$1,037
• − Depreciation: −$3,633
• Taxable loss: −$1,287
• Est. tax savings @ 24.0%: +$309
• After-tax cash flow: $1,144/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

+47.1% since first listed

6 events — show timeline

• 2026-05-14 Pending — MARIS as Distributed by MLS Grid
• 2026-05-10 Listed $124,900 MARIS as Distributed by MLS Grid
• 2018-08-31 Sold (Public Records) $84,900 Public Records
• 2018-08-28 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2018-07-19 Pending — MARIS as Distributed by MLS Grid
• 2018-06-11 Listed $84,900 MARIS as Distributed by MLS Grid

Property tax history

+2.5%/yr

Latest (2024): $920 · +5.0% YoY. Source: county tax records.