4749 Oldenburg Ave · St. Louis, MO 63123

$204,900

3 bd · 1.5 ba · 1,620 sqft · SingleFamily public records · 51 Days on market

Built 1912 3,598 sqft lot $126/sqft · at area comps Est $203k · 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 +16.0/30.0
• ARV discount +7.0/15.0
• DSCR +4.9/10.0
• 1% rule +3.9/10.0
• Rent growth +3.3/5.0
• Schools +3.0/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Home is perfect for a handy buyer looking for a fixer upper and equity OR an Investor's next flip or rental property. Home to be sold AS-IS. Seller to make no repairs nor perform any inspections. Please submit all offers on special sales contract with proof of funds / pre approval and allow 48 hour minimum response time.

Key facts

• Near dining
• Near shopping
• Near parks

Tags

• ESTABLISHED 63123 NEIGHBORHOOD
• NEAR LOCAL SCHOOLS
• NEAR PARKS
• NEAR SHOPPING
• NEAR DINING
• MAJOR COMMUTER ROUTES

Property features AI

Finance

• Other: Living area reported as 1,620 (source: public records); Lot dimensions approximately 30 x 120 on a 0.0826-acre parcel; Road frontage on a city street with asphalt surface
• Financial info: Lease not considered
• HOA & community: No HOA information provided

Exterior

• Parking: No carport spaces indicated
• Security: No security features listed
• Utilities: Public water; Public sewer; Electric service: Other
• Home design: Single family residence; Residential property; Two levels; Private ownership; Entry facing direction not specified
• Construction: Vinyl siding; Composition roof; Slab foundation; Built year not specified
• Exterior features: Level lot; No patio or porch; No pool

Interior

• Kitchen: Appliances: Other
• Bedrooms: Three bedrooms (all on the upper level)
• Flooring: Laminate flooring; Vinyl flooring
• Bathrooms: One full bathroom (upper level); One half bathroom (main level)
• Heating & cooling: Central air conditioning; Heating: Other
• Interior features: Partial basement; No fireplace; Other heating; Central air; Other appliances
• Laundry & utility: Washer/dryer details not provided

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $205k.

Deal economics

• At list price, monthly cash flow is $102 ($1k/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 $182k (11.2% below list).
• Recommended offer: $182k (11.2% below list) — sets the bar for 1% rule.
• Cap rate 6.9% 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.
• Bayless (suburban): math 28% / reading 42% proficiency, ranked #206 of 324 in MO (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Bayless Elementary (math 31% / reading 38%, grade F, #676 of 1,115 statewide, top 66%, 814 students, 48% FRL); Bayless Junior High (math 31% / reading 45%, grade F, #211 of 391 statewide, top 55%, 418 students, 54% FRL); Bayless Senior High (math 8% / reading 42%, grade F, #436 of 521 statewide, top 85%, 566 students, 48% FRL) — zoned schools at 50% FRL track the district average.
• Market conditions: Rents rising (+3.0%/yr); 191 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 920 units permitted in St. Louis County in 2024 (250 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 51 days — a 3% lower offer ($199k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 4y 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 $140k; 47% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1912 — 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 $181,992 (11.2% below list)

Questions for the listing agent

1. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 11% concession, seller financing, or rate buy-down credit?
2. Built in 1912 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 0.89% ✗
• Cap rate: 6.89%
• Cash-on-cash: 2.13%
• DSCR: 1.09
• GRM: 9.4

CMA / ARV

• ARV (median comp): $202,643
• List price: $204,900
• Delta: 1.11%
• 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
8108 Parkridge Dr	0.35mi	2/1.5 (-1)	1,619 (-0%)	8mo	$180,000	$111	72
4837 Hannover Ave	0.08mi	2/1.5 (-1)	1,836 (+13%)	4mo	$145,000	$79	65
4909 Arbors At Stonegate Ct	0.43mi	3/2.5	1,728 (+7%)	3mo	$425,000	$246	62
8370 Weber Trail Dr	0.50mi	3/2.0	1,752 (+8%)	10mo	$395,000	$225	53
8419 Weber Trail Dr	0.59mi	3/2.0	1,725 (+6%)	9mo	$335,000	$194	52
4719 Heege Rd	0.34mi	2/2.0 (-1)	1,800 (+11%)	9mo	$275,000	$153	51
4101 Healy Ct	0.73mi	2/2.0 (-1)	1,600 (-1%)	9mo	$236,900	$148	50
8120 Parkridge Dr	0.32mi	4/2.0 (+1)	1,400 (-14%)	8mo	$299,990	$214	49
8015 Carlsbad Dr	0.42mi	3/1.0	1,393 (-14%)	8mo	$214,900	$154	49
5212 Vine Ave	0.72mi	2/2.0 (-1)	1,650 (+2%)	9mo	$310,000	$188	49
227 Hernan Dr	0.74mi	2/1.0 (-1)	1,500 (-7%)	2mo	$224,900	$150	45
5245 Robert Ave	0.74mi	2/2.0 (-1)	1,536 (-5%)	10mo	$279,500	$182	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 · 3.01% rent growth · sell at horizon

5-year hold

• IRR: -12.9%
• Equity multiple: 0.53×
• Total profit: $-26,717
• Equity at exit: $30,551

10-year hold

• IRR: -3.9%
• Equity multiple: 0.74×
• Total profit: $-14,922
• Equity at exit: $17,716

Cash invested: $57,372 (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 63123

• Rents YoY: 3.0%
• Active inventory: 191
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,820 high
• Mortgage (P&I): −$1,075
• Tax from tax record: −$176 /mo · $2,112/yr
• Insurance: −$85
• HOA: −$0
• Vacancy / Maint / Mgmt: −$382
• Net cashflow: $102

Break-even live

Break-even rent $1,691

Max offer price $204,900

Occupancy floor 89%

Sensitivity live

Price	-10% $218	-5% $160	+0% $102	+5% $44	+10% $-14
Rent	-10% $-42	-5% $30	+0% $102	+5% $174	+10% $246
Rate	-1.0pp $205	-0.5pp $154	base $102	+0.5pp $49	+1.0pp $-5

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: $51,225
• Closing costs: $6,147
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4610 Heege Rd Saint Louis, MO	3.0	1.5	1205	$1,485	$1.23	18d	1	0.53mi
5452 Nagel Ave Saint Louis, MO	2.0	1.0	1196	$1,695	$1.42	25d	1	0.84mi
5318 Quincy St Saint Louis, MO	3.0	1.0	1100	$1,650	$1.50	25d	1	0.86mi
3945 Crosby Dr Saint Louis, MO	2.0	1.0	1100	$2,083	$1.89	0d	1	0.96mi
7602 Elton St Saint Louis, MO	3.0	1.0	1108	$2,200	$1.99	45d	1	1.02mi
6406 Woodbine Ct Saint Louis, MO	2.0	2.0	1085	$1,800	$1.66	17d	1	1.04mi
5448 Lisette Ave Saint Louis, MO	2.0	2.0	1059	$2,100	$1.98	0d	1	1.11mi
9204 Kit Dr Saint Louis, MO	3.0	2.0	1820	$1,680	$0.92	0d	1	1.12mi
7529 Fleta St St. Louis, MO	2.0	1.0–1.5	1173	$1,612	$1.37	12d	10	1.13mi
89 Willmore Rd Unit 89 Willmore Rd, 2N St. Louis, MO	2.0	1.0	1103	$1,350	$1.22	25d	1	1.16mi
4114 Alma Ave Saint Louis, MO	3.0	1.5	1269	$2,065	$1.63	3d	1	1.25mi
4114 Alma Ave Saint Louis, MO	3.0	1.5	1269	$2,065	$1.63	0d	1	1.25mi
3857 Boulevard Heights Ct Saint Louis, MO	3.0	2.5	1697	$2,250	$1.33	3d	1	1.31mi
5512 Milentz Ave Unit 1F St. Louis, MO	2.0	1.0	1138	$1,225	$1.08	4d	1	1.37mi
5907 Jamieson Ave Saint Louis, MO	2.0	1.0	1100	$1,425	$1.30	0d	1	1.39mi
5833 Jamieson Ave Saint Louis, MO	2.0	1.0	1242	$1,620	$1.30	45d	1	1.42mi
5185 Goethe Ave Fl 1 St. Louis, MO	3.0	2.0	1858	$2,240	$1.21	45d	1	1.48mi
5185 Goethe Ave Fl 2 St. Louis, MO	2.0	1.0	1578	$1,695	$1.07	45d	1	1.48mi
5616 S Kingshighway Blvd Saint Louis, MO	3.0	2.0	1400	$1,830	$1.31	0d	1	1.49mi

Listing history 27 events

1. 2026-06-21
   days on market $204,900 Active 51 DOM
2. 2026-06-18
   days on market $204,900 Active 48 DOM
3. 2026-06-17
   days on market $204,900 Active 47 DOM
4. 2026-06-16
   days on market $204,900 Active 46 DOM
5. 2026-06-15
   days on market $204,900 Active 45 DOM
6. 2026-06-13
   pricedays on market $204,900 Active 43 DOM
7. 2026-06-09
   days on market $214,900 Active 39 DOM
8. 2026-06-08
   days on market $214,900 Active 38 DOM
9. 2026-06-07
   days on market $214,900 Active 37 DOM
10. 2026-06-03
    days on market $214,900 Active 33 DOM
11. 2026-06-02
    days on market $214,900 Active 32 DOM
12. 2026-06-01
    days on market $214,900 Active 31 DOM
13. 2026-05-31
    days on market $214,900 Active 30 DOM
14. 2026-05-01
    listed $214,900 Active 1024-char remark
15. 2022-08-08
    soldstatus $139,500
16. 2022-08-04
    soldstatus Closed 322-char remark

    Show marketing remark (322 chars)

    Home is perfect for a handy buyer looking for a fixer upper and equity OR an Investor's next flip or rental property. Home to be sold AS-IS. Seller to make no repairs nor perform any inspections. Please submit all offers on special sales contract with proof of funds / pre approval and allow 48 hour minimum response time.

17. 2022-07-20
    status Pending 322-char remark

    Show marketing remark (322 chars)

    Home is perfect for a handy buyer looking for a fixer upper and equity OR an Investor's next flip or rental property. Home to be sold AS-IS. Seller to make no repairs nor perform any inspections. Please submit all offers on special sales contract with proof of funds / pre approval and allow 48 hour minimum response time.

18. 2022-07-18
    price $146,900 322-char remark

    Show marketing remark (322 chars)

    Home is perfect for a handy buyer looking for a fixer upper and equity OR an Investor's next flip or rental property. Home to be sold AS-IS. Seller to make no repairs nor perform any inspections. Please submit all offers on special sales contract with proof of funds / pre approval and allow 48 hour minimum response time.

19. 2022-07-08
    price $154,900 322-char remark

    Show marketing remark (322 chars)

    Home is perfect for a handy buyer looking for a fixer upper and equity OR an Investor's next flip or rental property. Home to be sold AS-IS. Seller to make no repairs nor perform any inspections. Please submit all offers on special sales contract with proof of funds / pre approval and allow 48 hour minimum response time.

20. 2022-07-08
    price $145,900 322-char remark

    Show marketing remark (322 chars)

    Home is perfect for a handy buyer looking for a fixer upper and equity OR an Investor's next flip or rental property. Home to be sold AS-IS. Seller to make no repairs nor perform any inspections. Please submit all offers on special sales contract with proof of funds / pre approval and allow 48 hour minimum response time.

21. 2022-07-01
    listed $154,999 Active 322-char remark

    Show marketing remark (322 chars)

    Home is perfect for a handy buyer looking for a fixer upper and equity OR an Investor's next flip or rental property. Home to be sold AS-IS. Seller to make no repairs nor perform any inspections. Please submit all offers on special sales contract with proof of funds / pre approval and allow 48 hour minimum response time.

22. 2009-10-01
    soldstatus $132,000
23. 2009-07-02
    soldstatus
24. 2009-06-30
    soldstatus $57,000
25. 2001-11-08
    soldstatus $83,500
26. 1992-09-29
    soldstatus $47,500
27. 1985-11-01
    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: $2,112 · $176/mo
• Projected year-2 tax: $2,112 · $176/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 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: $21,839
• − Mortgage interest: −$11,478
• − Property taxes: −$2,112
• − Insurance: −$1,024
• − Repairs & maintenance: −$1,747
• − Management: −$1,747
• − Depreciation: −$5,961
• Taxable loss: −$2,230
• Est. tax savings @ 24.0%: +$535
• After-tax cash flow: $1,758/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: Bayless
• NCES district ID: 2904500
• Math proficiency: 28% ▼ -15.00%
• Reading proficiency: 42% ▼ -8.00%
• Median HH income: $49,378
• Composite: 30.24/100
• National rank: #6293
• State rank: #206 of 324 in MO

Livability — St. Louis

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• County: Saint Louis County · 888,823 people
• City population: 283,259
• Metro: St. Louis, MO-IL
• Population (ZIP): 49,077
• Household income: $77,055
• Rent vs Own: 25.1% rent · 74.9% own
• Severe rent burden: 753.0

Population outlook (St. Louis County) Hauer SSP2

• Today (2025): 1,025,227 people
• By 2030: 1,028,023 · +0.3%
• By 2040: 1,020,940 · -0.4%
• By 2050: 1,007,280 · -1.8%
• By 2075: 987,277 · -3.7%
• By 2100: 921,984 · -10.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Two or more races 7% Asian 5% Hispanic / Latino 5% Black 3%
• Common ancestry: American 5% Lithuanian 3% Romanian 2%
• Foreign-born: 13% · Vietnam, Canada
• Languages at home: 83% English-only · Russian/Polish/Slavic 6% Spanish 3% Other Indo-European 3%

Political lean MEDSL · St. Louis

• 2024 margin: Strong D (+23.4) · D 60.8% · R 37.4% · Other 1.7%
• 2008→2024 swing: +3.5pp toward D · 2008: 19.9pp · 2024: 23.4pp
• All cycles: 2024: D+23.4 2020: D+24.0 2016: D+16.2 2012: D+13.7 2008: D+19.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -229.90%
• Current HPI: 220.258
• Rent YoY: ▲ 3.01%
• 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

+331.4% since first listed

15 events — show timeline

• 2026-06-11 Price Changed $204,900 MARIS as Distributed by MLS Grid
• 2026-05-01 Listed $214,900 MARIS as Distributed by MLS Grid
• 2022-08-08 Sold (Public Records) $139,500 Public Records
• 2022-08-04 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2022-07-20 Pending — MARIS as Distributed by MLS Grid
• 2022-07-18 Price Changed $146,900 MARIS as Distributed by MLS Grid
• 2022-07-08 Price Changed $154,900 MARIS as Distributed by MLS Grid
• 2022-07-08 Price Changed $145,900 MARIS as Distributed by MLS Grid
• 2022-07-01 Listed $154,999 MARIS as Distributed by MLS Grid
• 2009-10-01 Sold (Public Records) $132,000 Public Records
• 2009-07-02 Sold (Public Records) — Public Records
• 2009-06-30 Sold (Public Records) $57,000 Public Records
• 2001-11-08 Sold (Public Records) $83,500 Public Records
• 1992-09-29 Sold (Public Records) $47,500 Public Records
• 1985-11-01 Sold (Public Records) — Public Records

Property tax history

+5.5%/yr

Latest (2022): $2,112 · +2.6% YoY. Source: county tax records.