1520 Washington Ave #202 · St. Louis, MO
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,054 – $1,958
Heat risk 6/10 · Moderate
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- 1.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
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 +26.9/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +9.3/10.0
- Appreciation +5.3/10.0
- Rent growth +4.8/5.0
- Condition / age +4.0/5.0
- Livability +2.5/5.0
- Schools +0.4/10.0
$99,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Now is your opportunity to enjoy urban living in this 2 bed, 2 bath loft in the historic Ely Walker building! Spacious 1,221 SF unit has original wood floors, exposed brick and soaring 14’ ceilings. Two full baths (one en-suite with a deep soaking tub) and a private in unit laundry room offer all the convenience you are looking for. The open kitchen offers granite counters with breakfast bar, 42’ cabinets and Stainless Steel appliances - including a beverage refrigerator. All appliances, including washer and dryer, are to remain with unit. One covered parking space and storage included. Possible second parking space is negotiable. Make sure you see all the included amenities this building has to offer! Outstanding roof top deck with grills and firepit, a top notch work-out room and a community room complete with a full kitchen/bar – perfect for all of your larger gatherings! WE HAVE LENDERS FOR SPECIAL FINANCING!!
Key facts
- $220 HOA
- Garage
- Built 1906
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $99k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $273 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $99k).
- Recommended offer: $93k (6.0% below list) — sets the bar for market timing.
- Cap rate 9.6% vs local median 4.9% 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.
- Zoned schools: Jefferson Elem. (math 5% / reading 5%, grade F, #1,072 of 1,115 statewide, top 98%, 127 students, 98% FRL); Gateway Middle (math 0% / reading 8%, grade F, #389 of 391 statewide, top 100%, 506 students, 99% 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); 82 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); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 294 units permitted in St. Louis city in 2024 (227 in 5+ unit buildings).
- This rent runs 44% 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 $1k of equity ($684 loan paydown + $658 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 $28k cash investment doubles in ~5 years — after that, you're playing with house money.
Negotiation context
- It's been on market 85 days — a 6% lower offer ($93k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 9y ago; this cycle's ask has dropped $16k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1906 — 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.
Questions for the listing agent
- It's been on market 85 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1906 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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.
- 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.
- 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
- 1.52% ✓
- Cap rate
- 9.60%
- Cash-on-cash
- 11.81%
- DSCR
- 1.53
- GRM
- 5.5
CMA / ARV
- ARV (median comp)
- $125,508
- List price
- $99,000
- Delta
- -21.12%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1520 Washington Ave Unit R511 | 0.00mi | 2/1.0 | 1,186 (-3%) | 1mo | $112,900 | $95 | 90 |
| 721 N 17th St #405 | 0.13mi | 2/2.0 | 1,316 (+8%) | 1mo | $169,900 | $129 | 80 |
| 411 N 22nd St #405 | 0.47mi | 2/2.0 | 1,230 (+1%) | 1mo | $175,000 | $142 | 76 |
| 2201 Locust St #410 | 0.48mi | 2/2.0 | 1,240 (+2%) | 1mo | $185,000 | $149 | 74 |
| 915 Olive St #1402 | 0.51mi | 2/1.0 | 1,205 (-1%) | 0mo | $227,000 | $188 | 70 |
| 912 Rutger St | 1.28mi | 2/1.5 | 1,242 (+2%) | 1mo | $193,200 | $156 | 59 |
| 2641 Saint Vincent Ave | 1.49mi | 2/1.5 | 1,260 (+3%) | 0mo | $167,000 | $133 | 58 |
| 2020 Washington Ave #710 | 0.35mi | 1/1.0 (-1) | 1,003 (-18%) | 1mo | $134,900 | $134 | 49 |
| 2020 Washington Ave #412 | 0.35mi | 1/1.0 (-1) | 989 (-19%) | 1mo | $129,900 | $131 | 48 |
| 2666 Park Ave | 1.47mi | 2/1.5 | 1,054 (-14%) | 0mo | $174,900 | $166 | 40 |
| 314 N Broadway #1401 | 0.80mi | 2/1.5 | 968 (-21%) | 1mo | $139,900 | $145 | 37 |
| 1523 S 10th St #105 | 1.39mi | 1/1.0 (-1) | 924 (-24%) | 0mo | $129,900 | $141 | 31 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
0.66% appreciation · 8.0% rent growth · sell at horizon
- IRR
- 17.6%
- Equity multiple
- 1.93×
- Total profit
- $25,734
- Equity at exit
- $32,079
- IRR
- 25.0%
- Equity multiple
- 4.55×
- Total profit
- $98,302
- Equity at exit
- $41,332
Cash invested: $27,720 (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
Active competition Active MLS
- For sale now
- 1 active · 1 under contract
- Median asking
- $264,000 ($204/sqft)
- Median days on market
- 47 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -49.6% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 63103
- Home prices YoY
- 0.6%
- Rents YoY
- 9.2%
- Active inventory
- 82
- Price-to-rent
- 5.5×
Monthly cashflow live
- Estimated rent
- $1,506 high interval (Pro) →
- Mortgage (P&I)
- −$519
- Tax from tax record
- −$136 /mo · $1,635/yr
- Insurance
- −$41
- HOA
- −$220
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$316
- Net cashflow
- $273
Break-even live
Sensitivity live
| Price | -10% $329 | -5% $301 | +0% $273 | +5% $245 | +10% $217 |
|---|---|---|---|---|---|
| Rent | -10% $154 | -5% $213 | +0% $273 | +5% $332 | +10% $392 |
| Rate | -1.0pp $323 | -0.5pp $298 | base $273 | +0.5pp $247 | +1.0pp $221 |
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
- $24,750
- Closing costs
- $2,970
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1531 Washington Ave St. Louis, MO | 1.0–2.0 | 1.0 | 656 | $1,609 | $2.45 | 9d | 5 | 0.04mi |
| 1627 Washington Ave Unit 202 St. Louis, MO | 2.0 | 1.0 | 1450 | $1,625 | $1.12 | 93d | 1 | 0.05mi |
| 1627 Washington Ave Apt 503 St. Louis, MO | 2.0 | 2.0 | 1400 | $1,750 | $1.25 | 93d | 1 | 0.05mi |
| 1635 Washington Ave Saint Louis, MO | 1.0–2.0 | 1.0–2.0 | 1206 | $1,559 | $1.29 | 9d | 10 | 0.06mi |
| 1501 Locust St Saint Louis, MO | 1.0 | 1.0 | 1002 | $1,200 | $1.20 | 93d | 1 | 0.09mi |
| 1709 Washington Ave St. Louis, MO | 1.0 | 1.5 | 1200 | $1,200 | $1.00 | 65d | 1 | 0.10mi |
| 1706 Washington Ave St. Louis, MO | 1.0–2.0 | 1.0–2.0 | 1016 | $1,781 | $1.75 | 9d | 13 | 0.11mi |
| 721 N 17th St #204 Saint Louis, MO | 2.0 | 2.0 | 1240 | $1,550 | $1.25 | 42d | 1 | 0.12mi |
| 721 N 17th St #204 Saint Louis, MO | 2.0 | 2.0 | 1240 | $1,550 | $1.25 | 24d | 1 | 0.12mi |
| 1800 Washington Ave Saint Louis, MO | 1.0 | 1.0 | 809 | $1,230 | $1.52 | 35d | 11 | 0.18mi |
| 1307 Washington Ave St. Louis, MO | 1.0–2.0 | 1.0 | 1201 | $1,460 | $1.22 | 11d | 15 | 0.19mi |
| 1717 Olive St Saint Louis, MO | 2.0 | 1.0–2.0 | 957 | $3,040 | $3.18 | 9d | 64 | 0.20mi |
| 1815 Locust St Saint Louis, MO | 1.0–2.0 | 1.0–2.0 | 983 | $1,543 | $1.57 | 48d | 6 | 0.22mi |
| 1405 Pine St St. Louis, MO | 2.0 | 2.0 | 1050 | $1,290 | $1.23 | 11d | 1 | 0.23mi |
| 1901 Washington Ave Saint Louis, MO | 1.0–2.0 | 1.0–2.0 | 1076 | $1,500 | $1.39 | 9d | 37 | 0.24mi |
| 110 N 17th St Saint Louis, MO | 2.0 | 1.0 | 653 | $1,095 | $1.68 | 36d | 1 | 0.24mi |
| 1300 Convention Plz Saint Louis, MO | 2.0 | 1.0 | 877 | $1,350 | $1.54 | 93d | 1 | 0.25mi |
| 1209 Washington Ave Saint Louis, MO | 1.0–2.0 | 1.5–2.0 | 1502 | $2,095 | $1.39 | 9d | 26 | 0.27mi |
| 1900 Washington Ave Saint Louis, MO | 1.0–2.0 | 1.0–2.0 | 969 | $1,650 | $1.70 | 9d | 10 | 0.27mi |
| 1226 Olive St St. Louis, MO | 1.0–2.0 | 1.0–2.0 | 1315 | $1,950 | $1.48 | 13d | 1 | 0.29mi |
| 1133 Washington Ave St. Louis, MO | 2.0 | 1.0–2.0 | 637 | $1,292 | $2.03 | 93d | 1 | 0.32mi |
| 300 N Tucker Blvd St. Louis, MO | 1.0–2.0 | 1.0–2.0 | 1013 | $1,875 | $1.85 | 9d | 10 | 0.34mi |
| 300 N Tucker Blvd Apt 406 St. Louis, MO | 1.0 | 1.0 | 834 | $1,250 | $1.50 | 64d | 1 | 0.35mi |
| 1110 Washington Ave Saint Louis, MO | 1.0–2.0 | 1.0–2.0 | 1063 | $1,550 | $1.46 | 17d | 18 | 0.37mi |
| 2034 Lucas Ave St. Louis, MO | 1.0–2.0 | 1.0 | 1080 | $1,525 | $1.41 | 25d | 1 | 0.39mi |
| 715 N 21st St St. Louis, MO | 1.0–2.0 | 1.0–2.0 | 900 | $1,355 | $1.51 | 73d | 1 | 0.42mi |
| 1000 Washington Ave Saint Louis, MO | 1.0–2.0 | 1.0–2.0 | 905 | $1,895 | $2.09 | 9d | 30 | 0.43mi |
| 1014 Locust St Saint Louis, MO | 1.0–2.0 | 1.0–2.0 | 1110 | $2,070 | $1.86 | 9d | 2 | 0.43mi |
| 1006 Olive St Unit 702 St. Louis, MO | 2.0 | 2.0 | 1400 | $1,600 | $1.14 | 93d | 1 | 0.46mi |
| 1006 Olive St Unit 501 St. Louis, MO | 1.0 | 1.0 | 840 | $1,250 | $1.49 | 18d | 1 | 0.46mi |
| 917 Locust St St. Louis, MO | 3.0 | 1.0–2.0 | 1011 | $1,422 | $1.41 | 9d | 5 | 0.49mi |
| 2200 Locust St Saint Louis, MO | 1.0–2.0 | 1.0 | 855 | $1,775 | $2.07 | 9d | 5 | 0.49mi |
| 2206 Lucas Ave St. Louis, MO | 1.0–2.0 | 1.0–2.0 | 1008 | $1,900 | $1.88 | 9d | 18 | 0.50mi |
| 416 N 23rd St St. Louis, MO | 1.0–2.0 | 1.0 | 780 | $1,775 | $2.28 | 11d | 28 | 0.54mi |
| 1111 Biddle St Saint Louis, MO | 2.0 | 1.0 | 1200 | $1,295 | $1.08 | 93d | 1 | 0.55mi |
| 206 N 9th St Unit 717 St. Louis, MO | 2.0 | 1.0 | 805 | $1,100 | $1.37 | 22d | 1 | 0.56mi |
| 206 N 9th St Unit 1207 St. Louis, MO | 2.0 | 1.0 | 843 | $1,100 | $1.30 | 93d | 1 | 0.56mi |
| 206 N 9th St Unit 1306 St. Louis, MO | 2.0 | 2.0 | 897 | $1,250 | $1.39 | 93d | 1 | 0.56mi |
| 206 N 9th St Unit 916 St. Louis, MO | 2.0 | 2.0 | 914 | $1,250 | $1.37 | 73d | 1 | 0.56mi |
| 206 N 9th St Unit 712 St. Louis, MO | 1.0 | 1.0 | 783 | $925 | $1.18 | 57d | 1 | 0.56mi |
Property features AI
Finance
- Other
- Living area reported as 1,221 (assessor)Basement present (unfinished)
- Financial info
- Lease not consideredNo second mortgage reported
- HOA & community
- HOA: Ely Walker LoftsMonthly association fee ($220) includes water, sewer, and trashFitness center in the community124 units in the community
Exterior
- Parking
- Secured parking1-car garage (secured)
- Security
- Building securityFire escapeKey card entrySecured garage/parking
- Utilities
- Public waterPublic sewerElectricity connected (220 volts)Sewer connectedWater connected
- Home design
- Attached condominiumResidential propertyMulti/split levelsPrivate ownership
- Construction
- Brick constructionMixed roof
- Exterior features
- CourtyardUncovered courtyardGas grillCity lotNear public transitViewsAsphalt roadCity street frontage
Interior
- Kitchen
- DishwasherGarbage disposalMicrowaveFree‑standing electric rangeFree‑standing refrigeratorGranite countersKitchen island
- Bedrooms
- 2 bedrooms (both on the main level)
- Flooring
- Wood floors
- Bathrooms
- 2 full bathrooms (main level)
- Heating & cooling
- Electric heating with forced airCentral air conditioning (electric)
- Interior features
- Ceiling fansElevatorGranite countersHigh ceilingsKitchen island
- Laundry & utility
- In-unit laundry (washer and dryer) located on the main level
HOA detail $220/mo · $2,640/yr condo
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-08-08days on market $99,000 Active 85 DOM
-
2026-08-07days on market $99,000 Active 84 DOM
-
2026-08-06days on market $99,000 Active 83 DOM
-
2026-08-05days on market $99,000 Active 82 DOM
-
2026-08-04days on market $99,000 Active 81 DOM
-
2026-08-03days on market $99,000 Active 80 DOM
-
2026-07-31days on market $99,000 Active 77 DOM
-
2026-07-30days on market $99,000 Active 76 DOM
-
2026-07-30days on market $99,000 Active 75 DOM
-
2026-07-28days on market $99,000 Active 74 DOM
-
2026-07-26days on market $99,000 Active 72 DOM
-
2026-07-24days on market $99,000 Active 70 DOM
-
2026-07-23days on market $99,000 Active 69 DOM
-
2026-07-22days on market $99,000 Active 68 DOM
-
2026-07-21days on market $99,000 Active 67 DOM
-
2026-07-20days on market $99,000 Active 66 DOM
-
2026-07-18days on market $99,000 Active 64 DOM
-
2026-07-18days on market $99,000 Active 63 DOM
-
2026-07-16days on market $99,000 Active 62 DOM
-
2026-07-15days on market $99,000 Active 61 DOM
-
2026-07-14days on market $99,000 Active 60 DOM
-
2026-07-13days on market $99,000 Active 59 DOM
-
2026-07-13days on market $99,000 Active 58 DOM
-
2026-07-11pricedays on market $99,000 Active 57 DOM
-
2026-07-10days on market $115,000 Active 56 DOM
-
2026-07-09days on market $115,000 Active 55 DOM
-
2026-07-07days on market $115,000 Active 53 DOM
-
2026-07-06days on market $115,000 Active 52 DOM
-
2026-07-05days on market $115,000 Active 51 DOM
-
2026-07-03days on market $115,000 Active 49 DOM
-
2026-07-02days on market $115,000 Active 48 DOM
-
2026-07-01days on market $115,000 Active 47 DOM
-
2026-06-30days on market $115,000 Active 46 DOM
-
2026-06-29days on market $115,000 Active 45 DOM
-
2026-06-28days on market $115,000 Active 44 DOM
-
2026-06-27days on market $115,000 Active 43 DOM
-
2026-06-26days on market $115,000 Active 42 DOM
-
2026-06-24days on market $115,000 Active 40 DOM
-
2026-06-22days on market $115,000 Active 38 DOM
-
2026-06-21days on market $115,000 Active 37 DOM
-
2026-06-18days on market $115,000 Active 34 DOM
-
2026-06-17days on market $115,000 Active 33 DOM
-
2026-06-16days on market $115,000 Active 32 DOM
-
2026-06-15days on market $115,000 Active 31 DOM
-
2026-06-13days on market $115,000 Active 29 DOM
-
2026-06-09days on market $115,000 Active 25 DOM
-
2026-06-08days on market $115,000 Active 24 DOM
-
2026-06-07days on market $115,000 Active 23 DOM
-
2026-06-05days on market $115,000 Active 20 DOM
-
2026-06-03days on market $115,000 Active 19 DOM
ⓘ 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
- $1,635 · $136/mo
- Projected year-2 tax
- $1,635 · $136/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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $18,068
- − Mortgage interest
- −$5,546
- − Property taxes
- −$1,635
- − Insurance
- −$495
- − Repairs & maintenance
- −$1,445
- − Management
- −$1,445
- − HOA
- −$2,640
- − Depreciation
- −$2,880
- Taxable income
- $1,981
- Est. tax owed @ 24.0%
- −$476
- After-tax cash flow
- $2,798/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.
Condition & rehab AI · 9 photos
This well-maintained loft in the Ely Walker Lofts offers a blend of historic charm and modern amenities, making it an attractive option for both buyers and renters.
Components & finishes AI
Value-add opportunities
- Both Paint exterior — Enhances curb appeal and value ↑
- Both Clean gutters — Improves drainage and aesthetics ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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 · 315,737 people
- City population
- 283,259
- Metro
- St. Louis, MO-IL
- Population (ZIP)
- 8,778
- Household income
- $40,943
- Rent vs Own
- Severe rent burden
- 9% of renters
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 |
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| Insurance | 1 | $21B |
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| Industrial Technology | 1 | $17B |
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| Retail | 1 | $16B |
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| Industrial Distribution | 1 | $10B |
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| Utilities | 1 | $9B |
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Price history
-16.6% since first listed19 events — show timeline
- 2026-05-15 Listed $115,000 MARIS as Distributed by MLS Grid
- 2026-05-12 Coming Soon $115,000 MARIS as Distributed by MLS Grid
- 2025-12-27 Price Changed $119,900 MARIS as Distributed by MLS Grid
- 2025-11-03 Listed $135,000 MARIS as Distributed by MLS Grid
- 2025-11-03 Coming Soon — MARIS as Distributed by MLS Grid
- 2021-11-04 Sold (Public Records) $135,000 Public Records
- 2021-10-26 Sold (MLS) — MARIS as Distributed by MLS Grid
- 2021-10-07 Pending — MARIS as Distributed by MLS Grid
- 2021-09-22 Listed $139,900 MARIS as Distributed by MLS Grid
- 2018-05-10 Sold (Public Records) $123,000 Public Records
- 2018-04-23 Sold (MLS) — MARIS as Distributed by MLS Grid
- 2018-03-06 Pending — MARIS as Distributed by MLS Grid
- 2018-03-02 Price Changed $124,900 MARIS as Distributed by MLS Grid
- 2018-02-21 Relisted — MARIS as Distributed by MLS Grid
- 2018-02-14 Pending — MARIS as Distributed by MLS Grid
- 2018-02-09 Sold (Public Records) $132,400 Public Records
- 2018-02-03 Price Changed $130,900 MARIS as Distributed by MLS Grid
- 2018-01-18 Price Changed $134,900 MARIS as Distributed by MLS Grid
- 2017-12-21 Listed $137,900 MARIS as Distributed by MLS Grid
Property tax history
+1.3%/yrLatest (2024): $1,635 · +5.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…