916 Murcia St · Spanish Lake, MO 63138

$155,000

4 bd · 2.0 ba · 1,897 sqft · MultiFamily public records · 56 Days on market

Built 1950 10,001 sqft lot

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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
• Livability +2.6/5.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 2 units. estimate disagrees with records

5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.

Listing remarks MLS

Welcome to 916 Murcia. This 2 unit is half rented and the other half ready for tenant or a live-in owner. 2 bed 1 bath on each side, with the second bedroom on the upper level being sectioned into two separate spaces. This could be made into a 3 bedroom. The property sits on a peaceful street in the neighborhood. If you are looking for an income producing property, grab your favorite realtor and schedule a showing today.

Key facts

• 0.23 acre lot
• Garage
• Built 1950

What this means for you Summary

Snapshot

• This is a 2 × 2-bed/1.0-bath units multifamily listed at $155k.

Deal economics

• At list price, monthly cash flow is $977 ($12k/yr) — positive. Per door: $488/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $155k).
• Recommended offer: $150k (3.0% below list) — sets the bar for market timing.
• Cap rate 13.9% vs local median 8.1% in Spanish Lake — 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 51/100 on livability (#870 in MO) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime F, amenities F, commute F.
• Hazelwood (suburban): math 11% / reading 26% proficiency, ranked #306 of 324 in MO (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Larimore Elem. (math 2% / reading 12%, grade F, #1,058 of 1,115 statewide, top 96%, 341 students, 99% FRL); Southeast Middle (math 5% / reading 18%, grade F, #371 of 391 statewide, top 95%, 469 students, 99% FRL); Hazelwood East High (math 5% / reading 21%, grade F, #495 of 521 statewide, top 95%, 1,264 students, 66% FRL) — zoned schools average 88% FRL vs 53% district-wide (35 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-1.5%/yr); 101 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 920 units permitted in St. Louis County in 2024 (250 in 5+ unit buildings).
• At $2,540/mo this rent would consume 54% of the median local household income ($56k/yr) (locally 925% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $43k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 56 days — a 3% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 7 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 $125k; 24% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1950 — 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 $150,350 (3.0% below list)

Questions for the listing agent

1. It's been on market 56 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. 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.
9. 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.
10. 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: 1.64% ✓
• Cap rate: 13.85%
• Cash-on-cash: 27.00%
• DSCR: 2.20
• GRM: 5.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 17.6%
• Equity multiple: 1.68×
• Total profit: $29,656
• Equity at exit: $23,111

10-year hold

• IRR: 23.8%
• Equity multiple: 2.78×
• Total profit: $77,207
• Equity at exit: $13,402

Cash invested: $43,400 (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 63138

• Home prices YoY: -31.0%
• Rents YoY: -1.5%
• Active inventory: 101
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $2,540 high
• Mortgage (P&I): −$813
• Tax from tax record: −$153 /mo · $1,830/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$533
• Net cashflow: $977

Break-even live

Break-even rent $1,304

Max offer price $155,000

Occupancy floor 57%

Sensitivity live

Price	-10% $1,064	-5% $1,021	+0% $977	+5% $933	+10% $889
Rent	-10% $776	-5% $876	+0% $977	+5% $1,077	+10% $1,177
Rate	-1.0pp $1,055	-0.5pp $1,016	base $977	+0.5pp $936	+1.0pp $896

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$2,540
Total (2 units)			$2,540

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: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1209 Redman Blvd Saint Louis, MO	4.0	1.0	1535	$1,295	$0.84	45d	1	0.58mi
1386 Fairmeadows Ln Saint Louis, MO	3.0	1.0	1512	$1,250	$0.83	45d	1	0.73mi
1510 Trampe Ave Saint Louis, MO	4.0	2.0	1581	$1,600	$1.01	0d	1	0.90mi
1310 Petite Dr Saint Louis, MO	3.0	1.5	1407	$1,495	$1.06	25d	1	1.19mi
1708 San Remo Ct St. Louis, MO	1.0–3.0	1.0–1.5	1053	$1,300	$1.23	0d	9	1.23mi

Listing history 47 events

1. 2026-06-21
   days on market $155,000 Active 56 DOM
2. 2026-06-18
   days on market $155,000 Active 53 DOM
3. 2026-06-17
   days on market $155,000 Active 52 DOM
4. 2026-06-16
   days on market $155,000 Active 51 DOM
5. 2026-06-15
   days on market $155,000 Active 50 DOM
6. 2026-06-13
   days on market $155,000 Active 48 DOM
7. 2026-06-13
   days on market $155,000 Active 47 DOM
8. 2026-06-09
   days on market $155,000 Active 44 DOM
9. 2026-06-08
   days on market $155,000 Active 43 DOM
10. 2026-06-07
    days on market $155,000 Active 42 DOM
11. 2026-06-05
    days on market $155,000 Active 39 DOM
12. 2026-06-03
    days on market $155,000 Active 38 DOM
13. 2026-06-02
    days on market $155,000 Active 37 DOM
14. 2026-06-01
    days on market $155,000 Active 36 DOM
15. 2026-05-31
    days on market $155,000 Active 35 DOM
16. 2026-05-02
    status Pending 424-char remark

    Show marketing remark (424 chars)

    Welcome to 916 Murcia. This 2 unit is half rented and the other half ready for tenant or a live-in owner. 2 bed 1 bath on each side, with the second bedroom on the upper level being sectioned into two separate spaces. This could be made into a 3 bedroom. The property sits on a peaceful street in the neighborhood. If you are looking for an income producing property, grab your favorite realtor and schedule a showing today.

17. 2026-04-04
    listed $155,000 Active 424-char remark

    Show marketing remark (424 chars)

    Welcome to 916 Murcia. This 2 unit is half rented and the other half ready for tenant or a live-in owner. 2 bed 1 bath on each side, with the second bedroom on the upper level being sectioned into two separate spaces. This could be made into a 3 bedroom. The property sits on a peaceful street in the neighborhood. If you are looking for an income producing property, grab your favorite realtor and schedule a showing today.

18. 2023-08-18
    status Pending 878-char remark

    Show marketing remark (878 chars)

    BACK ON MARKET, NO FAULT OF SELLER. BUYERS FINANCING FELL THROUGH. This is your perfect opportunity to own a duplex in a peaceful street in Spanish Lake that features new vinyl plank flooring in kitchen, hallway and bathroom, wood flooring in bedrooms and fresh paint throughout. The home has an updated kitchen that leads out to a fully fenced backyard, great for outdoor activities and makes this the perfect home. There is one bedroom and the bathroom on the main floor and one upstairs with a potential 3rd bedroom upstairs as well. Each unit has its own independent driveway and a fully separated basement for storage. This was a terrific income-producing property, bringing in a total of $2,000 per month in rent at $950 or $1,000 per month. Or you may rent out one unit and live in the other unit while having the tenant pay your mortgage. The possibilities are infinite.

19. 2023-08-18
    soldstatus Closed 878-char remark

    Show marketing remark (878 chars)

    BACK ON MARKET, NO FAULT OF SELLER. BUYERS FINANCING FELL THROUGH. This is your perfect opportunity to own a duplex in a peaceful street in Spanish Lake that features new vinyl plank flooring in kitchen, hallway and bathroom, wood flooring in bedrooms and fresh paint throughout. The home has an updated kitchen that leads out to a fully fenced backyard, great for outdoor activities and makes this the perfect home. There is one bedroom and the bathroom on the main floor and one upstairs with a potential 3rd bedroom upstairs as well. Each unit has its own independent driveway and a fully separated basement for storage. This was a terrific income-producing property, bringing in a total of $2,000 per month in rent at $950 or $1,000 per month. Or you may rent out one unit and live in the other unit while having the tenant pay your mortgage. The possibilities are infinite.

20. 2023-07-20
    historical Active Under Contract 878-char remark

    Show marketing remark (878 chars)

    BACK ON MARKET, NO FAULT OF SELLER. BUYERS FINANCING FELL THROUGH. This is your perfect opportunity to own a duplex in a peaceful street in Spanish Lake that features new vinyl plank flooring in kitchen, hallway and bathroom, wood flooring in bedrooms and fresh paint throughout. The home has an updated kitchen that leads out to a fully fenced backyard, great for outdoor activities and makes this the perfect home. There is one bedroom and the bathroom on the main floor and one upstairs with a potential 3rd bedroom upstairs as well. Each unit has its own independent driveway and a fully separated basement for storage. This was a terrific income-producing property, bringing in a total of $2,000 per month in rent at $950 or $1,000 per month. Or you may rent out one unit and live in the other unit while having the tenant pay your mortgage. The possibilities are infinite.

21. 2023-07-13
    price $135,000 878-char remark

    Show marketing remark (878 chars)

    BACK ON MARKET, NO FAULT OF SELLER. BUYERS FINANCING FELL THROUGH. This is your perfect opportunity to own a duplex in a peaceful street in Spanish Lake that features new vinyl plank flooring in kitchen, hallway and bathroom, wood flooring in bedrooms and fresh paint throughout. The home has an updated kitchen that leads out to a fully fenced backyard, great for outdoor activities and makes this the perfect home. There is one bedroom and the bathroom on the main floor and one upstairs with a potential 3rd bedroom upstairs as well. Each unit has its own independent driveway and a fully separated basement for storage. This was a terrific income-producing property, bringing in a total of $2,000 per month in rent at $950 or $1,000 per month. Or you may rent out one unit and live in the other unit while having the tenant pay your mortgage. The possibilities are infinite.

22. 2023-07-12
    status Active 878-char remark

    Show marketing remark (878 chars)

    BACK ON MARKET, NO FAULT OF SELLER. BUYERS FINANCING FELL THROUGH. This is your perfect opportunity to own a duplex in a peaceful street in Spanish Lake that features new vinyl plank flooring in kitchen, hallway and bathroom, wood flooring in bedrooms and fresh paint throughout. The home has an updated kitchen that leads out to a fully fenced backyard, great for outdoor activities and makes this the perfect home. There is one bedroom and the bathroom on the main floor and one upstairs with a potential 3rd bedroom upstairs as well. Each unit has its own independent driveway and a fully separated basement for storage. This was a terrific income-producing property, bringing in a total of $2,000 per month in rent at $950 or $1,000 per month. Or you may rent out one unit and live in the other unit while having the tenant pay your mortgage. The possibilities are infinite.

23. 2023-07-10
    historical Active Under Contract 878-char remark

    Show marketing remark (878 chars)

    BACK ON MARKET, NO FAULT OF SELLER. BUYERS FINANCING FELL THROUGH. This is your perfect opportunity to own a duplex in a peaceful street in Spanish Lake that features new vinyl plank flooring in kitchen, hallway and bathroom, wood flooring in bedrooms and fresh paint throughout. The home has an updated kitchen that leads out to a fully fenced backyard, great for outdoor activities and makes this the perfect home. There is one bedroom and the bathroom on the main floor and one upstairs with a potential 3rd bedroom upstairs as well. Each unit has its own independent driveway and a fully separated basement for storage. This was a terrific income-producing property, bringing in a total of $2,000 per month in rent at $950 or $1,000 per month. Or you may rent out one unit and live in the other unit while having the tenant pay your mortgage. The possibilities are infinite.

24. 2023-06-25
    status Pending 878-char remark

    Show marketing remark (878 chars)

    BACK ON MARKET, NO FAULT OF SELLER. BUYERS FINANCING FELL THROUGH. This is your perfect opportunity to own a duplex in a peaceful street in Spanish Lake that features new vinyl plank flooring in kitchen, hallway and bathroom, wood flooring in bedrooms and fresh paint throughout. The home has an updated kitchen that leads out to a fully fenced backyard, great for outdoor activities and makes this the perfect home. There is one bedroom and the bathroom on the main floor and one upstairs with a potential 3rd bedroom upstairs as well. Each unit has its own independent driveway and a fully separated basement for storage. This was a terrific income-producing property, bringing in a total of $2,000 per month in rent at $950 or $1,000 per month. Or you may rent out one unit and live in the other unit while having the tenant pay your mortgage. The possibilities are infinite.

25. 2023-06-11
    status Active 878-char remark

    Show marketing remark (878 chars)

    BACK ON MARKET, NO FAULT OF SELLER. BUYERS FINANCING FELL THROUGH. This is your perfect opportunity to own a duplex in a peaceful street in Spanish Lake that features new vinyl plank flooring in kitchen, hallway and bathroom, wood flooring in bedrooms and fresh paint throughout. The home has an updated kitchen that leads out to a fully fenced backyard, great for outdoor activities and makes this the perfect home. There is one bedroom and the bathroom on the main floor and one upstairs with a potential 3rd bedroom upstairs as well. Each unit has its own independent driveway and a fully separated basement for storage. This was a terrific income-producing property, bringing in a total of $2,000 per month in rent at $950 or $1,000 per month. Or you may rent out one unit and live in the other unit while having the tenant pay your mortgage. The possibilities are infinite.

26. 2023-06-11
    price $145,000 878-char remark

    Show marketing remark (878 chars)

    BACK ON MARKET, NO FAULT OF SELLER. BUYERS FINANCING FELL THROUGH. This is your perfect opportunity to own a duplex in a peaceful street in Spanish Lake that features new vinyl plank flooring in kitchen, hallway and bathroom, wood flooring in bedrooms and fresh paint throughout. The home has an updated kitchen that leads out to a fully fenced backyard, great for outdoor activities and makes this the perfect home. There is one bedroom and the bathroom on the main floor and one upstairs with a potential 3rd bedroom upstairs as well. Each unit has its own independent driveway and a fully separated basement for storage. This was a terrific income-producing property, bringing in a total of $2,000 per month in rent at $950 or $1,000 per month. Or you may rent out one unit and live in the other unit while having the tenant pay your mortgage. The possibilities are infinite.

27. 2023-05-29
    historical Active Under Contract 878-char remark

    Show marketing remark (878 chars)

    BACK ON MARKET, NO FAULT OF SELLER. BUYERS FINANCING FELL THROUGH. This is your perfect opportunity to own a duplex in a peaceful street in Spanish Lake that features new vinyl plank flooring in kitchen, hallway and bathroom, wood flooring in bedrooms and fresh paint throughout. The home has an updated kitchen that leads out to a fully fenced backyard, great for outdoor activities and makes this the perfect home. There is one bedroom and the bathroom on the main floor and one upstairs with a potential 3rd bedroom upstairs as well. Each unit has its own independent driveway and a fully separated basement for storage. This was a terrific income-producing property, bringing in a total of $2,000 per month in rent at $950 or $1,000 per month. Or you may rent out one unit and live in the other unit while having the tenant pay your mortgage. The possibilities are infinite.

28. 2023-05-24
    price $149,000 878-char remark

    Show marketing remark (878 chars)

    BACK ON MARKET, NO FAULT OF SELLER. BUYERS FINANCING FELL THROUGH. This is your perfect opportunity to own a duplex in a peaceful street in Spanish Lake that features new vinyl plank flooring in kitchen, hallway and bathroom, wood flooring in bedrooms and fresh paint throughout. The home has an updated kitchen that leads out to a fully fenced backyard, great for outdoor activities and makes this the perfect home. There is one bedroom and the bathroom on the main floor and one upstairs with a potential 3rd bedroom upstairs as well. Each unit has its own independent driveway and a fully separated basement for storage. This was a terrific income-producing property, bringing in a total of $2,000 per month in rent at $950 or $1,000 per month. Or you may rent out one unit and live in the other unit while having the tenant pay your mortgage. The possibilities are infinite.

29. 2023-05-04
    price $159,000 878-char remark

    Show marketing remark (878 chars)

    BACK ON MARKET, NO FAULT OF SELLER. BUYERS FINANCING FELL THROUGH. This is your perfect opportunity to own a duplex in a peaceful street in Spanish Lake that features new vinyl plank flooring in kitchen, hallway and bathroom, wood flooring in bedrooms and fresh paint throughout. The home has an updated kitchen that leads out to a fully fenced backyard, great for outdoor activities and makes this the perfect home. There is one bedroom and the bathroom on the main floor and one upstairs with a potential 3rd bedroom upstairs as well. Each unit has its own independent driveway and a fully separated basement for storage. This was a terrific income-producing property, bringing in a total of $2,000 per month in rent at $950 or $1,000 per month. Or you may rent out one unit and live in the other unit while having the tenant pay your mortgage. The possibilities are infinite.

30. 2023-04-24
    price $169,000 878-char remark

    Show marketing remark (878 chars)

    BACK ON MARKET, NO FAULT OF SELLER. BUYERS FINANCING FELL THROUGH. This is your perfect opportunity to own a duplex in a peaceful street in Spanish Lake that features new vinyl plank flooring in kitchen, hallway and bathroom, wood flooring in bedrooms and fresh paint throughout. The home has an updated kitchen that leads out to a fully fenced backyard, great for outdoor activities and makes this the perfect home. There is one bedroom and the bathroom on the main floor and one upstairs with a potential 3rd bedroom upstairs as well. Each unit has its own independent driveway and a fully separated basement for storage. This was a terrific income-producing property, bringing in a total of $2,000 per month in rent at $950 or $1,000 per month. Or you may rent out one unit and live in the other unit while having the tenant pay your mortgage. The possibilities are infinite.

31. 2023-04-17
    status Active 878-char remark

    Show marketing remark (878 chars)

    BACK ON MARKET, NO FAULT OF SELLER. BUYERS FINANCING FELL THROUGH. This is your perfect opportunity to own a duplex in a peaceful street in Spanish Lake that features new vinyl plank flooring in kitchen, hallway and bathroom, wood flooring in bedrooms and fresh paint throughout. The home has an updated kitchen that leads out to a fully fenced backyard, great for outdoor activities and makes this the perfect home. There is one bedroom and the bathroom on the main floor and one upstairs with a potential 3rd bedroom upstairs as well. Each unit has its own independent driveway and a fully separated basement for storage. This was a terrific income-producing property, bringing in a total of $2,000 per month in rent at $950 or $1,000 per month. Or you may rent out one unit and live in the other unit while having the tenant pay your mortgage. The possibilities are infinite.

32. 2023-04-06
    historical Active Under Contract 878-char remark

    Show marketing remark (878 chars)

    BACK ON MARKET, NO FAULT OF SELLER. BUYERS FINANCING FELL THROUGH. This is your perfect opportunity to own a duplex in a peaceful street in Spanish Lake that features new vinyl plank flooring in kitchen, hallway and bathroom, wood flooring in bedrooms and fresh paint throughout. The home has an updated kitchen that leads out to a fully fenced backyard, great for outdoor activities and makes this the perfect home. There is one bedroom and the bathroom on the main floor and one upstairs with a potential 3rd bedroom upstairs as well. Each unit has its own independent driveway and a fully separated basement for storage. This was a terrific income-producing property, bringing in a total of $2,000 per month in rent at $950 or $1,000 per month. Or you may rent out one unit and live in the other unit while having the tenant pay your mortgage. The possibilities are infinite.

33. 2023-04-03
    listed $175,000 Active 878-char remark

    Show marketing remark (878 chars)

    BACK ON MARKET, NO FAULT OF SELLER. BUYERS FINANCING FELL THROUGH. This is your perfect opportunity to own a duplex in a peaceful street in Spanish Lake that features new vinyl plank flooring in kitchen, hallway and bathroom, wood flooring in bedrooms and fresh paint throughout. The home has an updated kitchen that leads out to a fully fenced backyard, great for outdoor activities and makes this the perfect home. There is one bedroom and the bathroom on the main floor and one upstairs with a potential 3rd bedroom upstairs as well. Each unit has its own independent driveway and a fully separated basement for storage. This was a terrific income-producing property, bringing in a total of $2,000 per month in rent at $950 or $1,000 per month. Or you may rent out one unit and live in the other unit while having the tenant pay your mortgage. The possibilities are infinite.

34. 2023-03-31
    historical $175,000 878-char remark

    Show marketing remark (878 chars)

    BACK ON MARKET, NO FAULT OF SELLER. BUYERS FINANCING FELL THROUGH. This is your perfect opportunity to own a duplex in a peaceful street in Spanish Lake that features new vinyl plank flooring in kitchen, hallway and bathroom, wood flooring in bedrooms and fresh paint throughout. The home has an updated kitchen that leads out to a fully fenced backyard, great for outdoor activities and makes this the perfect home. There is one bedroom and the bathroom on the main floor and one upstairs with a potential 3rd bedroom upstairs as well. Each unit has its own independent driveway and a fully separated basement for storage. This was a terrific income-producing property, bringing in a total of $2,000 per month in rent at $950 or $1,000 per month. Or you may rent out one unit and live in the other unit while having the tenant pay your mortgage. The possibilities are infinite.

35. 2022-07-21
    soldstatus
36. 2021-09-28
    soldstatus $125,000
37. 2021-09-13
    soldstatus Closed
38. 2021-07-17
    status Pending
39. 2021-07-10
    price $135,000
40. 2021-06-26
    price $144,900
41. 2021-06-08
    price $149,000
42. 2021-05-13
    listed $154,000 Active
43. 2018-07-11
    soldstatus $45,000
44. 2018-07-06
    soldstatus Closed
45. 2018-07-04
    listed $45,000 Active
46. 2018-07-04
    status Pending
47. 2017-12-01
    price $55,000

ⓘ 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: $1,830 · $153/mo
• Projected year-2 tax: $1,830 · $153/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 ≥107°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,480
• − Mortgage interest: −$8,682
• − Property taxes: −$1,830
• − Insurance: −$775
• − Repairs & maintenance: −$2,438
• − Management: −$2,438
• − Depreciation: −$4,509
• Taxable income: $9,806
• Est. tax owed @ 24.0%: −$2,354
• After-tax cash flow: $9,366/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: Hazelwood
• NCES district ID: 2913830
• Math proficiency: 11% ▼ -13.00%
• Reading proficiency: 26% ▼ -6.00%
• Median HH income: $51,621
• Composite: 16.77/100
• National rank: #9156
• State rank: #306 of 324 in MO

Livability — Spanish Lake

• Score: 51/100
• State rank: #870
• US rank: #25189

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment D- Housing A+ Health & safety F User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Spanish Lake, MO
• County: Saint Louis County · 888,823 people
• City population: 18,233
• Metro: St. Louis, MO-IL
• Population (ZIP): 18,233
• Household income: $56,096
• Rent vs Own: 50.1% rent · 49.9% own
• Severe rent burden: 925.0

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 Black (81%)
• Race & ethnicity: Black 81% White 14% Two or more races 4% Hispanic / Latino 1%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 1%

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: ▼ -74.09%
• Current HPI: 165.2146
• Rent YoY: ▼ -1.54%
• 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

+181.8% since first listed

32 events — show timeline

• 2026-05-02 Pending — MARIS as Distributed by MLS Grid
• 2026-04-04 Listed $155,000 MARIS as Distributed by MLS Grid
• 2023-08-18 Pending — MARIS as Distributed by MLS Grid
• 2023-08-18 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2023-07-20 Contingent — MARIS as Distributed by MLS Grid
• 2023-07-13 Price Changed $135,000 MARIS as Distributed by MLS Grid
• 2023-07-12 Relisted — MARIS as Distributed by MLS Grid
• 2023-07-10 Contingent — MARIS as Distributed by MLS Grid
• 2023-06-25 Pending — MARIS as Distributed by MLS Grid
• 2023-06-11 Relisted — MARIS as Distributed by MLS Grid
• 2023-06-11 Price Changed $145,000 MARIS as Distributed by MLS Grid
• 2023-05-29 Contingent — MARIS as Distributed by MLS Grid
• 2023-05-24 Price Changed $149,000 MARIS as Distributed by MLS Grid
• 2023-05-04 Price Changed $159,000 MARIS as Distributed by MLS Grid
• 2023-04-24 Price Changed $169,000 MARIS as Distributed by MLS Grid
• 2023-04-17 Relisted — MARIS as Distributed by MLS Grid
• 2023-04-06 Contingent — MARIS as Distributed by MLS Grid
• 2023-04-03 Listed $175,000 MARIS as Distributed by MLS Grid
• 2023-03-31 Coming Soon $175,000 MARIS as Distributed by MLS Grid
• 2022-07-21 Sold (Public Records) — Public Records
• 2021-09-28 Sold (Public Records) $125,000 Public Records
• 2021-09-13 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2021-07-17 Pending — MARIS as Distributed by MLS Grid
• 2021-07-10 Price Changed $135,000 MARIS as Distributed by MLS Grid
• 2021-06-26 Price Changed $144,900 MARIS as Distributed by MLS Grid
• 2021-06-08 Price Changed $149,000 MARIS as Distributed by MLS Grid
• 2021-05-13 Listed $154,000 MARIS as Distributed by MLS Grid
• 2018-07-11 Sold (Public Records) $45,000 Public Records
• 2018-07-06 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2018-07-04 Listed $45,000 MARIS as Distributed by MLS Grid
• 2018-07-04 Pending — MARIS as Distributed by MLS Grid
• 2017-12-01 Price Changed $55,000 MARIS as Distributed by MLS Grid

Property tax history

+0.2%/yr

Latest (2022): $1,830 · +1.5% YoY. Source: county tax records.