4055 N Market St · St. Louis, MO 63113

$14,000

2 bd · 1.0 ba · 1,066 sqft · SingleFamily public records · 274 Days on market

Built 1887 3,001 sqft lot $13/sqft · 76% below area

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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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Appreciation +3.9/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0

Listing remarks MLS

Great investment opportunity in North City! This property at 4055 N Market, St. Louis, MO 63113 is located in an area full of potential, where values are expected to rise as redevelopment and revitalization continue. Now is the perfect time to invest early before the big changes take hold. Don’t miss your chance to secure a property in a growing community with strong upside potential.

Key facts

• 3,001 sq ft lot
• Built 1887
• Listed 274 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $14k.

Deal economics

• At list price, monthly cash flow is $1k ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $14k).
• Recommended offer: $12k (12.0% below list) — sets the bar for market timing.
• Cap rate 94.4% vs local median 5.0% in St. Louis — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• St. Louis City (urban): math 10% / reading 18% proficiency, ranked #312 of 324 in MO (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 80% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 58 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; 294 units permitted in St. Louis city in 2024 (227 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-2.1%/yr); year-one equity from $97 of loan paydown is wiped out by about $300 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 (-2.1% appreciation + 3.0% rent growth), your $4k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 274 days — a 12% lower offer ($12k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 8y ago; this cycle's ask has dropped $2k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1887 — 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 $12,320 (12.0% below list)

Questions for the listing agent

1. It's been on market 274 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1887 — 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. 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?
6. 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.
7. 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.
8. 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: 10.13% ✓
• Cap rate: 94.38%
• Cash-on-cash: 314.60%
• DSCR: 15.00
• GRM: 0.8

CMA / ARV

• ARV (median comp): $57,206
• List price: $14,000
• Delta: -75.53%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1712 Belle Glade Ave	0.18mi	3/1.0 (+1)	1,000 (-6%)	11mo	$55,000	$55	67
2613 Belle Glade Ave	0.19mi	2/1.5	1,040 (-2%)	22mo	$82,500	$79	66
4251 W Maffitt Ave W	0.39mi	3/1.0 (+1)	1,000 (-6%)	11mo	$45,000	$45	57
4223 W Labadie Ave	0.57mi	2/1.0	1,050 (-2%)	17mo	$40,000	$38	56
3630 Garfield Ave	0.56mi	3/2.0 (+1)	1,100 (+3%)	13mo	$155,000	$141	49
4309 W Maffitt Ave	0.55mi	3/1.0 (+1)	1,000 (-6%)	13mo	$45,000	$45	48
4275 E Ashland Ave	0.70mi	2/1.0	938 (-12%)	2mo	$99,900	$107	46
3115 Clay Ave	0.52mi	3/1.5 (+1)	1,157 (+8%)	21mo	$132,500	$115	37
4444 Saint Ferdinand Ave	0.69mi	3/1.0 (+1)	1,000 (-6%)	22mo	$60,000	$60	34
3114 Clarence Ave	0.71mi	3/1.0 (+1)	925 (-13%)	10mo	$39,900	$43	31
2420 N Taylor Ave	0.73mi	3/2.0 (+1)	1,000 (-6%)	23mo	$60,000	$60	27

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-2.14% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 17.25×
• Total profit: $63,712
• Equity at exit: $2,627

10-year hold

• IRR: —
• Equity multiple: 36.79×
• Total profit: $140,288
• Equity at exit: $2,158

Cash invested: $3,920 (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 63113

• Home prices YoY: -2.0%
• Active inventory: 58
• Price-to-rent: 0.8×

Monthly cashflow live

• Estimated rent: $1,418 high
• Mortgage (P&I): −$73
• Tax from tax record: −$14 /mo · $163/yr
• Insurance: −$6
• HOA: −$0
• Vacancy / Maint / Mgmt: −$298
• Net cashflow: $1,028

Break-even live

Break-even rent $117

Max offer price $14,000

Occupancy floor 23%

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: $3,500
• Closing costs: $420
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2603 Belle Glade Ave Saint Louis, MO	2.0	1.0	945	$800	$0.85	4d	1	0.16mi
1708 Annie Malone Dr Saint Louis, MO	3.0	1.5	924	$1,500	$1.62	43d	1	0.30mi
3644 Natural Bridge Ave Apt 303 St. Louis, MO	1.0	1.0	710	$825	$1.16	43d	1	0.92mi
4140 Washington Blvd Saint Louis, MO	1.0–2.0	1.0–2.5	907	$2,035	$2.24	1d	1	0.97mi
4627 Maffitt Ave Saint Louis, MO	2.0	1.0	704	$795	$1.13	43d	1	1.00mi
4400 Delmar Blvd St. Louis, MO	3.0	1.0	1450	$1,600	$1.10	43d	1	1.04mi
4127 Westminster Pl St. Louis, MO	2.0	2.5	1216	$2,095	$1.72	7d	1	1.09mi
3819 Kossuth Ave Saint Louis, MO	1.0	1.5	816	$725	$0.89	23d	1	1.12mi
3717-3721 Westminster Pl St. Louis, MO	3.0	1.0–3.0	1343	$2,098	$1.56	16d	4	1.17mi
3701 Lindell Blvd Saint Louis, MO	3.0	1.0–3.0	1073	$1,966	$1.83	16d	81	1.22mi
3701 Lindell Blvd Saint Louis, MO	3.0	1.0–3.0	1073	$1,963	$1.83	1d	128	1.22mi
3681 Lindell Blvd Saint Louis, MO	3.0	1.0–2.5	1292	$2,818	$2.18	1d	62	1.23mi
4466 Olive St Saint Louis, MO	1.0–2.0	1.0–2.5	1222	$2,495	$2.04	1d	7	1.24mi
3906 Lindell Blvd St. Louis, MO	2.0–3.0	1.0	1072	$1,325	$1.24	3d	16	1.25mi
3906 Lindell Blvd St. Louis, MO	2.0–3.0	1.0	1072	$1,375	$1.28	43d	10	1.25mi
4362 McPherson Ave Saint Louis, MO	1.0	1.0	900	$1,095	$1.22	43d	1	1.27mi
4500 Olive St Unit D St. Louis, MO	2.0	2.0	1200	$1,725	$1.44	43d	1	1.27mi
4223 Red Bud Ave Unit 1F St. Louis, MO	2.0	1.0	1167	$895	$0.77	43d	1	1.28mi
763 Walton Ave Unit 763 St. Louis, MO	2.0	1.0	1100	$1,100	$1.00	43d	1	1.29mi
4394 McPherson Ave Saint Louis, MO	2.0	1.0	850	$1,175	$1.38	43d	1	1.29mi
4256 Maryland Ave Saint Louis, MO	3.0	2.0	1400	$1,900	$1.36	43d	1	1.31mi
4256 Maryland Ave Saint Louis, MO	3.0	2.0	1400	$1,800	$1.29	10d	1	1.31mi
4355 Maryland Ave Saint Louis, MO	2.0	1.0	701	$1,700	$2.43	2d	8	1.32mi
4322 Maryland Ave St. Louis, MO	2.0	1.5	1200	$1,799	$1.50	23d	1	1.32mi
322 N Boyle Ave Unit 3N St. Louis, MO	2.0	2.0	1115	$1,550	$1.39	43d	1	1.32mi
4446 McPherson Ave Saint Louis, MO	2.0	1.5	1440	$2,100	$1.46	23d	1	1.34mi
4065 W Pine Blvd Saint Louis, MO	1.0–3.0	1.0–2.0	1075	$1,900	$1.77	43d	8	1.34mi
1232 N Euclid Ave Saint Louis, MO	3.0	1.5	982	$1,395	$1.42	43d	1	1.36mi
3960 W Pine Blvd Saint Louis, MO	2.0	1.0	850	$1,300	$1.53	43d	1	1.38mi
4242 Lindell Blvd Apt 102 St. Louis, MO	1.0	1.0	740	$1,300	$1.76	23d	1	1.38mi
4242 Lindell Blvd Saint Louis, MO	1.0–2.0	1.0–2.0	820	$1,625	$1.98	16d	4	1.38mi
4642 Farlin Ave Unit 1F St. Louis, MO	2.0	1.0	1056	$800	$0.76	43d	1	1.39mi
4497 Lee Ave Saint Louis, MO	3.0	2.0	1012	$1,000	$0.99	16d	1	1.40mi
377 N Taylor Ave St. Louis, MO	2.0	2.0	1209	$1,595	$1.32	14d	1	1.41mi
3307 Olive St St. Louis, MO	1.0–2.0	1.0	912	$1,220	$1.34	43d	1	1.42mi
3965 Laclede Ave Saint Louis, MO	1.0–2.0	1.0–2.0	872	$1,685	$1.93	2d	4	1.42mi
4466 Greenwich Ct St. Louis, MO	2.0	1.0–2.0	750	$1,422	$1.90	2d	6	1.42mi
4738 Olive St Saint Louis, MO	2.0	2.0	1413	$1,925	$1.36	23d	1	1.43mi
4497 Pershing Ave Saint Louis, MO	2.0	1.0	579	$1,399	$2.42	2d	7	1.43mi
1 S Spring Ave St. Louis, MO	1.0	1.0	1000	$1,050	$1.05	43d	1	1.45mi

Listing history 22 events

1. 2026-06-18
   days on market $14,000 Active 274 DOM
2. 2026-06-17
   days on market $14,000 Active 273 DOM
3. 2026-06-16
   days on market $14,000 Active 272 DOM
4. 2026-06-15
   days on market $14,000 Active 271 DOM
5. 2026-06-13
   days on market $14,000 Active 269 DOM
6. 2026-06-09
   days on market $14,000 Active 265 DOM
7. 2026-06-08
   days on market $14,000 Active 264 DOM
8. 2026-06-08
   days on market $14,000 Active 263 DOM
9. 2026-06-05
   days on market $14,000 Active 260 DOM
10. 2026-06-03
    days on market $14,000 Active 259 DOM
11. 2026-06-02
    days on market $14,000 Active 258 DOM
12. 2026-06-01
    days on market $14,000 Active 257 DOM
13. 2026-06-01
    days on market $14,000 Active 256 DOM
14. 2025-12-01
    price $14,000 393-char remark

    Show marketing remark (393 chars)

    Great investment opportunity in North City! This property at 4055 N Market, St. Louis, MO 63113 is located in an area full of potential, where values are expected to rise as redevelopment and revitalization continue. Now is the perfect time to invest early before the big changes take hold. Don’t miss your chance to secure a property in a growing community with strong upside potential.

15. 2025-09-17
    listed $16,000 Active 393-char remark

    Show marketing remark (393 chars)

    Great investment opportunity in North City! This property at 4055 N Market, St. Louis, MO 63113 is located in an area full of potential, where values are expected to rise as redevelopment and revitalization continue. Now is the perfect time to invest early before the big changes take hold. Don’t miss your chance to secure a property in a growing community with strong upside potential.

16. 2018-05-01
    soldstatus $23,500
17. 2018-04-27
    soldstatus Closed 80-char remark

    Show marketing remark (80 chars)

    Nice comfortable, 5 room house. In area of new development.Don't disturb tenants

18. 2018-03-29
    status Pending 80-char remark

    Show marketing remark (80 chars)

    Nice comfortable, 5 room house. In area of new development.Don't disturb tenants

19. 2018-03-15
    price $44,900 80-char remark

    Show marketing remark (80 chars)

    Nice comfortable, 5 room house. In area of new development.Don't disturb tenants

20. 2018-02-12
    listed $49,900 Active 80-char remark

    Show marketing remark (80 chars)

    Nice comfortable, 5 room house. In area of new development.Don't disturb tenants

21. 2003-10-30
    soldstatus
22. 1997-11-21
    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: $163 · $14/mo
• Projected year-2 tax: $163 · $14/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 5 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,020
• − Mortgage interest: −$784
• − Property taxes: −$163
• − Insurance: −$70
• − Repairs & maintenance: −$1,362
• − Management: −$1,362
• − Depreciation: −$407
• Taxable income: $12,873
• Est. tax owed @ 24.0%: −$3,089
• After-tax cash flow: $9,243/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
• City population: 283,259
• Population (ZIP): 11,610

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: Predominantly Black (91%)
• Race & ethnicity: Black 91% White 6% Two or more races 2% Hispanic / Latino 1%
• Foreign-born: 2% · Canada

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: ▼ -2.14%
• Current HPI: 107.1335
• Rent YoY: —
• Metro: —
• 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

-71.9% since first listed

9 events — show timeline

• 2025-12-01 Price Changed $14,000 MARIS as Distributed by MLS Grid
• 2025-09-17 Listed $16,000 MARIS as Distributed by MLS Grid
• 2018-05-01 Sold (Public Records) $23,500 Public Records
• 2018-04-27 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2018-03-29 Pending — MARIS as Distributed by MLS Grid
• 2018-03-15 Price Changed $44,900 MARIS as Distributed by MLS Grid
• 2018-02-12 Listed $49,900 MARIS as Distributed by MLS Grid
• 2003-10-30 Sold (Public Records) — Public Records
• 1997-11-21 Sold (Public Records) — Public Records

Property tax history

+1.4%/yr

Latest (2024): $163 · +4.2% YoY. Source: county tax records.