4130 Oregon Ave · St. Louis, MO 63118

$29,900

2 bd · 1.0 ba · 906 sqft · SingleFamily public records · 64 Days on market

Built 1901 3,075 sqft lot $33/sqft · 52% 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

Looking for a big, satisfying summer project? This 1901 Dutchtown bungalow is ready for a full revival after a significant fire—and it’s just waiting for the right investor to bring it back to life. The heavy lifting has already started: plans are drawn and ready to share, and the current owner has secured an NPA tax credit of $43,750 that transfers with the property (so you're basically getting the house for free!). Whether you’re planning a standout flip or adding a character-filled rental to your portfolio, this one has serious upside. Put in the work, and this place is going to shine.

Key facts

• 3,075 sq ft lot
• Garage
• Built 1901

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $30k.

Deal economics

• At list price, monthly cash flow is $602 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($993 rent vs $30k).
• Recommended offer: $28k (6.0% below list) — sets the bar for market timing.
• Cap rate 30.5% 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; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $207 of loan paydown is wiped out by about $897 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 $8k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 64 days — a 6% lower offer ($28k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 9y ago; this cycle's ask has dropped $14k (32%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $9k; list at $30k implies a 232% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1901 — 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 $28,106 (6.0% below list)

Questions for the listing agent

1. It's been on market 64 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1901 — 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: 3.32% ✓
• Cap rate: 30.46%
• Cash-on-cash: 86.31%
• DSCR: 4.84
• GRM: 2.5

CMA / ARV

• ARV (median comp): $72,324
• List price: $29,900
• Delta: -58.66%
• 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
4338 Oregon Ave	0.27mi	2/1.0	956 (+6%)	1mo	$115,000	$120	77
4031 Pennsylvania Ave	0.20mi	3/1.0 (+1)	850 (-6%)	10mo	$20,000	$24	68
3819 California Ave	0.40mi	2/1.0	864 (-5%)	7mo	$55,000	$64	67
2806 Keokuk St	0.30mi	3/1.0 (+1)	963 (+6%)	6mo	$144,900	$150	65
2719 Keokuk St	0.35mi	2/1.5	836 (-8%)	5mo	$55,000	$66	64
4644 Minnesota Ave	0.68mi	2/1.0	880 (-3%)	3mo	$95,000	$108	61
4620 Michigan Ave	0.65mi	2/1.0	899 (-1%)	8mo	$89,000	$99	61
4630 Idaho Ave	0.72mi	2/1.0	880 (-3%)	2mo	$145,000	$165	60
3618 Gasconade St	0.64mi	2/1.0	850 (-6%)	2mo	$107,000	$126	58
4543 Michigan Ave	0.59mi	1/1.0 (-1)	850 (-6%)	3mo	$54,900	$65	55
3728 Minnesota Ave	0.54mi	1/1.0 (-1)	986 (+9%)	8mo	$130,000	$132	49
3607 Oregon Ave	0.67mi	2/2.0	838 (-8%)	7mo	$89,990	$107	46

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: 88.9%
• Equity multiple: 5.23×
• Total profit: $35,431
• Equity at exit: $4,458

10-year hold

• IRR: 92.3%
• Equity multiple: 11.56×
• Total profit: $88,443
• Equity at exit: $2,585

Cash invested: $8,372 (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 63118

• Rents YoY: 4.9%
• Active inventory: 240
• Price-to-rent: 2.5×

Monthly cashflow live

• Estimated rent: $993 high
• Mortgage (P&I): −$157
• Tax from tax record: −$13 /mo · $157/yr
• Insurance: −$12
• HOA: −$0
• Vacancy / Maint / Mgmt: −$209
• Net cashflow: $602

Break-even live

Break-even rent $231

Max offer price $29,900

Occupancy floor 34%

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: $7,475
• Closing costs: $897
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2837 Meramec St Apt 1E St. Louis, MO	1.0	1.0	700	$850	$1.21	23d	1	0.02mi
4127 Oregon Ave Unit 2F St. Louis, MO	2.0	1.0	1000	$1,203	$1.20	23d	1	0.05mi
4202 California Ave St. Louis, MO	1.0	1.0	600	$625	$1.04	14d	1	0.08mi
4102 California Ave Unit 2s St. Louis, MO	1.0	1.0	745	$725	$0.97	43d	1	0.12mi
4238 California Ave St. Louis, MO	2.0	1.0	1000	$1,300	$1.30	43d	1	0.12mi
4308 Nebraska Ave Unit A St. Louis, MO	1.0	1.0	1012	$1,148	$1.13	7d	1	0.18mi
4308 Nebraska Ave Unit B St. Louis, MO	2.0	2.0	1012	$1,148	$1.13	7d	1	0.18mi
2806 Osage St Apt 2E St. Louis, MO	1.0	1.0	992	$750	$0.76	43d	1	0.22mi
3931 Oregon Ave Unit 3931 St. Louis, MO	1.0	1.0	867	$999	$1.15	4d	1	0.29mi
3931 Oregon Ave Unit 3931 St. Louis, MO	1.0	1.0	867	$999	$1.15	1d	1	0.29mi
3138 Gasconade St Unit 3138 2W St. Louis, MO	1.0	1.0	950	$850	$0.89	17d	1	0.29mi
4116 S Compton Ave St. Louis, MO	1.0	1.0	868	$725	$0.84	43d	1	0.31mi
3922 Minnesota Ave Saint Louis, MO	2.0	1.0	1000	$925	$0.93	43d	1	0.35mi
3106 Keokuk St Saint Louis, MO	2.0	1.0	850	$850	$1.00	16d	1	0.40mi
3116 Keokuk St Unit 1F St. Louis, MO	2.0	1.0	900	$850	$0.94	1d	1	0.41mi
3116 Keokuk St Saint Louis, MO	2.0	1.0	900	$850	$0.94	2d	1	0.41mi
2649 Keokuk St Unit 1L St. Louis, MO	2.0	1.0	800	$1,195	$1.49	43d	1	0.42mi
3828 Nebraska Ave St. Louis, MO	1.0	1.0	1000	$750	$0.75	23d	1	0.42mi
3855 Minnesota Ave Unit B St. Louis, MO	2.0	1.0	900	$850	$0.94	43d	1	0.42mi
3839 Pennsylvania Ave Saint Louis, MO	2.0	1.0	725	$1,000	$1.38	20d	1	0.42mi
2641 Keokuk St Unit 1R St. Louis, MO	3.0	1.0	800	$1,295	$1.62	43d	1	0.42mi
4508 Pennsylvania Ave Unit 2N St. Louis, MO	1.0	1.0	750	$740	$0.99	43d	1	0.44mi
4508 Pennsylvania Ave Unit 2N St. Louis, MO	1.0	1.0	750	$740	$0.99	23d	1	0.44mi
4305 Virginia Ave Unit 204 St. Louis, MO	1.0	1.0	646	$785	$1.22	14d	1	0.44mi
4513 Pennsylvania Ave Unit 4515 1F St. Louis, MO	1.0	1.0	1000	$875	$0.88	43d	1	0.45mi
4528 Nebraska Ave Unit 305 St. Louis, MO	2.0	2.0	950	$1,345	$1.42	23d	1	0.47mi
4528 Nebraska Ave Unit 104 St. Louis, MO	1.0	1.0	750	$950	$1.27	23d	1	0.47mi
2700 Chippewa St Saint Louis, MO	1.0	1.0	703	$685	$0.97	1d	1	0.50mi
3829 S Compton Ave Unit B St. Louis, MO	2.0	1.0	1040	$1,050	$1.01	23d	1	0.53mi
3829 S Compton Ave Unit A St. Louis, MO	2.0	1.0	1040	$1,000	$0.96	16d	1	0.53mi
3739 Ohio Ave Unit B St. Louis, MO	1.0	1.0	897	$900	$1.00	4d	1	0.55mi
3739 Ohio Ave Unit A St. Louis, MO	2.0	1.0	900	$1,000	$1.11	4d	1	0.55mi
3406 Keokuk St Unit 3406 St. Louis, MO	1.0	1.0	700	$800	$1.14	43d	1	0.57mi
3402 Dunnica Ave Unit 3400 1f St. Louis, MO	1.0	1.0	695	$775	$1.12	23d	1	0.60mi
4401 Tennessee Ave Unit A St. Louis, MO	1.0	1.0	1100	$995	$0.90	4d	1	0.62mi
4542 Virginia Ave Unit 1F St. Louis, MO	1.0	1.0	935	$700	$0.75	23d	1	0.63mi
3428 Dunnica Ave Saint Louis, MO	2.0	1.0	1050	$995	$0.95	43d	1	0.64mi
3515 Osage St Unit 3511 Osage St. Louis, MO	1.0	1.0	755	$695	$0.92	43d	1	0.64mi
3511 Osage St Saint Louis, MO	1.0	1.0	755	$695	$0.92	43d	1	0.64mi
4617 S Compton Ave Saint Louis, MO	1.0	1.0	987	$795	$0.81	2d	1	0.65mi

Listing history 25 events

1. 2026-06-18
   days on market $29,900 Active 64 DOM
2. 2026-06-17
   days on market $29,900 Active 63 DOM
3. 2026-06-16
   days on market $29,900 Active 62 DOM
4. 2026-06-15
   days on market $29,900 Active 61 DOM
5. 2026-06-13
   days on market $29,900 Active 59 DOM
6. 2026-06-09
   days on market $29,900 Active 55 DOM
7. 2026-06-08
   days on market $29,900 Active 54 DOM
8. 2026-06-07
   days on market $29,900 Active 53 DOM
9. 2026-06-05
   days on market $29,900 Active 50 DOM
10. 2026-06-03
    days on market $29,900 Active 49 DOM
11. 2026-06-02
    days on market $29,900 Active 48 DOM
12. 2026-06-01
    days on market $29,900 Active 47 DOM
13. 2026-05-31
    days on market $29,900 Active 46 DOM
14. 2026-05-06
    price $29,900 613-char remark

    Show marketing remark (613 chars)

    Looking for a big, satisfying summer project? This 1901 Dutchtown bungalow is ready for a full revival after a significant fire—and it’s just waiting for the right investor to bring it back to life. The heavy lifting has already started: plans are drawn and ready to share, and the current owner has secured an NPA tax credit of $43,750 that transfers with the property (so you're basically getting the house for free!). Whether you’re planning a standout flip or adding a character-filled rental to your portfolio, this one has serious upside. Put in the work, and this place is going to shine.

15. 2026-04-15
    listed $43,750 Active 613-char remark

    Show marketing remark (613 chars)

    Looking for a big, satisfying summer project? This 1901 Dutchtown bungalow is ready for a full revival after a significant fire—and it’s just waiting for the right investor to bring it back to life. The heavy lifting has already started: plans are drawn and ready to share, and the current owner has secured an NPA tax credit of $43,750 that transfers with the property (so you're basically getting the house for free!). Whether you’re planning a standout flip or adding a character-filled rental to your portfolio, this one has serious upside. Put in the work, and this place is going to shine.

16. 2021-09-02
    soldstatus
17. 2017-12-20
    soldstatus $9,000
18. 2017-12-19
    soldstatus Closed 949-char remark

    Show marketing remark (949 chars)

    Est 1909: Build it and they will come! This 1-story gutted brick home in the Dutchtown neighborhood offers the opportunity to create equity by building the plans provided! Architect-drawn (value over $2,500, included with purchase) construction drawings are included to make this over 1,000+ sq ft home into an open concent 2 bedroom, 1 bath home with detached garage and deck. Estimate to do construction is approx $50k per current owner's estimates. Buy now and design to your taste. Ameren temporary electric service already ready and established out back (approx $2k value). Home was damaged by fire on rear porch but interior only smoke damaged. Seller is selling this property as-is with no inspections being provided by the seller, no disclosure statement available as owner never occupied the property. Also, seller would be open to doing the renovation custom for a buyer, so all options are considered! Ask listing agent for more details!

19. 2017-12-06
    status Pending 949-char remark

    Show marketing remark (949 chars)

    Est 1909: Build it and they will come! This 1-story gutted brick home in the Dutchtown neighborhood offers the opportunity to create equity by building the plans provided! Architect-drawn (value over $2,500, included with purchase) construction drawings are included to make this over 1,000+ sq ft home into an open concent 2 bedroom, 1 bath home with detached garage and deck. Estimate to do construction is approx $50k per current owner's estimates. Buy now and design to your taste. Ameren temporary electric service already ready and established out back (approx $2k value). Home was damaged by fire on rear porch but interior only smoke damaged. Seller is selling this property as-is with no inspections being provided by the seller, no disclosure statement available as owner never occupied the property. Also, seller would be open to doing the renovation custom for a buyer, so all options are considered! Ask listing agent for more details!

20. 2017-11-14
    price $9,900 949-char remark

    Show marketing remark (949 chars)

    Est 1909: Build it and they will come! This 1-story gutted brick home in the Dutchtown neighborhood offers the opportunity to create equity by building the plans provided! Architect-drawn (value over $2,500, included with purchase) construction drawings are included to make this over 1,000+ sq ft home into an open concent 2 bedroom, 1 bath home with detached garage and deck. Estimate to do construction is approx $50k per current owner's estimates. Buy now and design to your taste. Ameren temporary electric service already ready and established out back (approx $2k value). Home was damaged by fire on rear porch but interior only smoke damaged. Seller is selling this property as-is with no inspections being provided by the seller, no disclosure statement available as owner never occupied the property. Also, seller would be open to doing the renovation custom for a buyer, so all options are considered! Ask listing agent for more details!

21. 2017-09-24
    listed $14,900 Active 949-char remark

    Show marketing remark (949 chars)

    Est 1909: Build it and they will come! This 1-story gutted brick home in the Dutchtown neighborhood offers the opportunity to create equity by building the plans provided! Architect-drawn (value over $2,500, included with purchase) construction drawings are included to make this over 1,000+ sq ft home into an open concent 2 bedroom, 1 bath home with detached garage and deck. Estimate to do construction is approx $50k per current owner's estimates. Buy now and design to your taste. Ameren temporary electric service already ready and established out back (approx $2k value). Home was damaged by fire on rear porch but interior only smoke damaged. Seller is selling this property as-is with no inspections being provided by the seller, no disclosure statement available as owner never occupied the property. Also, seller would be open to doing the renovation custom for a buyer, so all options are considered! Ask listing agent for more details!

22. 2015-02-04
    soldstatus $20,000
23. 2002-11-25
    soldstatus
24. 2000-03-06
    soldstatus
25. 1999-12-13
    soldstatus $21,000

ⓘ 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: $157 · $13/mo
• Projected year-2 tax: $290 · $24/mo
• Expected delta: +$133/yr (+$11/mo · 84.8%)

ⓘ 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 ≥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: $11,916
• − Mortgage interest: −$1,675
• − Property taxes: −$157
• − Insurance: −$150
• − Repairs & maintenance: −$953
• − Management: −$953
• − Depreciation: −$870
• Taxable income: $7,159
• Est. tax owed @ 24.0%: −$1,718
• After-tax cash flow: $5,508/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

+42.4% since first listed

12 events — show timeline

• 2026-05-06 Price Changed $29,900 MARIS as Distributed by MLS Grid
• 2026-04-15 Listed $43,750 MARIS as Distributed by MLS Grid
• 2021-09-02 Sold (Public Records) — Public Records
• 2017-12-20 Sold (Public Records) $9,000 Public Records
• 2017-12-19 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2017-12-06 Pending — MARIS as Distributed by MLS Grid
• 2017-11-14 Price Changed $9,900 MARIS as Distributed by MLS Grid
• 2017-09-24 Listed $14,900 MARIS as Distributed by MLS Grid
• 2015-02-04 Sold (Public Records) $20,000 Public Records
• 2002-11-25 Sold (Public Records) — Public Records
• 2000-03-06 Sold (Public Records) — Public Records
• 1999-12-13 Sold (Public Records) $21,000 Public Records

Property tax history

-5.4%/yr

Latest (2024): $157 · +4.2% YoY. Source: county tax records.