112 W Pine St · Drexel, MO 64742

$135,000

3 bd · 2.0 ba · 1,452 sqft · SingleFamily public records · 198 Days on market

Built 1910 8,712 sqft lot $93/sqft · 35% below area Est $208k · 35% under

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Why this score? — see what drove the C- 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 +16.1/30.0
• ARV discount +15.0/15.0
• DSCR +5.0/10.0
• 1% rule +3.9/10.0
• Schools +3.1/10.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 112 W Pine Street in the charming community of Drexel, Missouri! This inviting home offers small-town living with plenty of comfort and potential. Nestled on a quiet street, the property provides a peaceful setting while still being conveniently located near local schools, parks, and everyday amenities. Inside, you’ll find a functional layout with comfortable living spaces and abundant natural light throughout. Whether you’re a first-time homebuyer, downsizing, or looking for an investment opportunity, this home offers flexibility to fit your needs. The spacious yard provides great outdoor potential—perfect for entertaining, gardening, or simply enjoying the tranquility of the area. With its affordability, location, and opportunity to add your personal touch, 112 W Pine Street is a property full of possibilities. Don’t miss your chance to own a piece of Drexel—schedule your showing today!

Key facts

• Covered front porch
• Large corner lot
• Poured cement pad

Tags

• LARGE CORNER LOT
• MATURE TREES
• COVERED FRONT PORCH
• POURED CEMENT PAD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $69 ($831/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 $120k (11.1% below list).
• Recommended offer: $119k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 53/100 on livability (#822 in MO) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing B; Watch: employment D+, schools F, crime F.
• Drexel R-IV (rural): math 25% / reading 40% proficiency, ranked #412 of 535 in MO (top 77%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 33 active listings in the ZIP; 588 units permitted in Cass County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Cass County population projected to shrink 3% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 198 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 25y ago; this cycle's ask has dropped $50k (27%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $118,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 198 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 1910 — 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. 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?
6. 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?
7. 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.
8. 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.
9. 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: 6.91%
• Cash-on-cash: 2.20%
• DSCR: 1.10
• GRM: 9.4

CMA / ARV

• ARV (median comp): $207,821
• List price: $135,000
• Delta: -35.04%
• 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
107 E Maple St	0.12mi	3/2.0	1,392 (-4%)	2mo	$165,000	$119	86
322 N 4th St	0.31mi	3/2.0	1,456 (+0%)	9mo	$270,000	$185	78
418 Wisteria Ln	0.17mi	3/2.0	1,400 (-4%)	10mo	$289,500	$207	77
119 N State St. St	0.09mi	3/2.0	1,345 (-7%)	19mo	$274,900	$204	68
327 E Pine St	0.28mi	3/2.0	1,508 (+4%)	18mo	$195,000	$129	66
325 E Hickory St	0.40mi	3/1.5	1,346 (-7%)	2mo	$239,000	$178	65
E Willetta St	0.35mi	3/2.0	1,345 (-7%)	13mo	$295,000	$219	61
402 N 3rd St	0.22mi	3/1.5	1,238 (-15%)	7mo	$115,000	$93	57
108 E Cass St	0.22mi	2/1.0 (-1)	1,558 (+7%)	14mo	$175,000	$112	57
441 E Bates St	0.47mi	3/1.5	1,334 (-8%)	10mo	$249,000	$187	54
312 E Frazier St	0.50mi	3/2.0	1,350 (-7%)	18mo	$299,900	$222	50
808 N Holmes Rd	0.40mi	3/2.0	1,644 (+13%)	12mo	$240,000	$146	49

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -12.8%
• Equity multiple: 0.54×
• Total profit: $-17,481
• Equity at exit: $20,129

10-year hold

• IRR: -3.8%
• Equity multiple: 0.75×
• Total profit: $-9,605
• Equity at exit: $11,672

Cash invested: $37,800 (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 64742

• Home prices YoY: -11.0%
• Active inventory: 33
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,200 medium
• Mortgage (P&I): −$708
• Tax from tax record: −$115 /mo · $1,377/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$252
• Net cashflow: $69

Break-even live

Break-even rent $1,113

Max offer price $135,000

Occupancy floor 89%

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Listing history 37 events

1. 2026-06-18
   days on market $135,000 Active 198 DOM
2. 2026-06-17
   days on market $135,000 Active 197 DOM
3. 2026-06-16
   days on market $135,000 Active 196 DOM
4. 2026-06-15
   days on market $135,000 Active 195 DOM
5. 2026-06-13
   days on market $135,000 Active 193 DOM
6. 2026-06-12
   days on market $135,000 Active 192 DOM
7. 2026-06-09
   days on market $135,000 Active 189 DOM
8. 2026-06-08
   days on market $135,000 Active 188 DOM
9. 2026-06-07
   days on market $135,000 Active 187 DOM
10. 2026-06-05
    days on market $135,000 Active 185 DOM
11. 2026-06-04
    days on market $135,000 Active 183 DOM
12. 2026-06-02
    days on market $135,000 Active 182 DOM
13. 2026-06-01
    days on market $135,000 Active 181 DOM
14. 2026-05-31
    days on market $135,000 Active 180 DOM
15. 2026-04-24
    price $145,000 942-char remark

    Show marketing remark (942 chars)

    Welcome to 112 W Pine Street in the charming community of Drexel, Missouri! This inviting home offers small-town living with plenty of comfort and potential. Nestled on a quiet street, the property provides a peaceful setting while still being conveniently located near local schools, parks, and everyday amenities. Inside, you’ll find a functional layout with comfortable living spaces and abundant natural light throughout. Whether you’re a first-time homebuyer, downsizing, or looking for an investment opportunity, this home offers flexibility to fit your needs. The spacious yard provides great outdoor potential—perfect for entertaining, gardening, or simply enjoying the tranquility of the area. With its affordability, location, and opportunity to add your personal touch, 112 W Pine Street is a property full of possibilities. Don’t miss your chance to own a piece of Drexel—schedule your showing today!

16. 2026-03-17
    price $155,000 942-char remark

    Show marketing remark (942 chars)

    Welcome to 112 W Pine Street in the charming community of Drexel, Missouri! This inviting home offers small-town living with plenty of comfort and potential. Nestled on a quiet street, the property provides a peaceful setting while still being conveniently located near local schools, parks, and everyday amenities. Inside, you’ll find a functional layout with comfortable living spaces and abundant natural light throughout. Whether you’re a first-time homebuyer, downsizing, or looking for an investment opportunity, this home offers flexibility to fit your needs. The spacious yard provides great outdoor potential—perfect for entertaining, gardening, or simply enjoying the tranquility of the area. With its affordability, location, and opportunity to add your personal touch, 112 W Pine Street is a property full of possibilities. Don’t miss your chance to own a piece of Drexel—schedule your showing today!

17. 2026-02-13
    price $165,000 942-char remark

    Show marketing remark (942 chars)

    Welcome to 112 W Pine Street in the charming community of Drexel, Missouri! This inviting home offers small-town living with plenty of comfort and potential. Nestled on a quiet street, the property provides a peaceful setting while still being conveniently located near local schools, parks, and everyday amenities. Inside, you’ll find a functional layout with comfortable living spaces and abundant natural light throughout. Whether you’re a first-time homebuyer, downsizing, or looking for an investment opportunity, this home offers flexibility to fit your needs. The spacious yard provides great outdoor potential—perfect for entertaining, gardening, or simply enjoying the tranquility of the area. With its affordability, location, and opportunity to add your personal touch, 112 W Pine Street is a property full of possibilities. Don’t miss your chance to own a piece of Drexel—schedule your showing today!

18. 2026-01-30
    status Active 942-char remark

    Show marketing remark (942 chars)

    Welcome to 112 W Pine Street in the charming community of Drexel, Missouri! This inviting home offers small-town living with plenty of comfort and potential. Nestled on a quiet street, the property provides a peaceful setting while still being conveniently located near local schools, parks, and everyday amenities. Inside, you’ll find a functional layout with comfortable living spaces and abundant natural light throughout. Whether you’re a first-time homebuyer, downsizing, or looking for an investment opportunity, this home offers flexibility to fit your needs. The spacious yard provides great outdoor potential—perfect for entertaining, gardening, or simply enjoying the tranquility of the area. With its affordability, location, and opportunity to add your personal touch, 112 W Pine Street is a property full of possibilities. Don’t miss your chance to own a piece of Drexel—schedule your showing today!

19. 2026-01-04
    historical 942-char remark

    Show marketing remark (942 chars)

    Welcome to 112 W Pine Street in the charming community of Drexel, Missouri! This inviting home offers small-town living with plenty of comfort and potential. Nestled on a quiet street, the property provides a peaceful setting while still being conveniently located near local schools, parks, and everyday amenities. Inside, you’ll find a functional layout with comfortable living spaces and abundant natural light throughout. Whether you’re a first-time homebuyer, downsizing, or looking for an investment opportunity, this home offers flexibility to fit your needs. The spacious yard provides great outdoor potential—perfect for entertaining, gardening, or simply enjoying the tranquility of the area. With its affordability, location, and opportunity to add your personal touch, 112 W Pine Street is a property full of possibilities. Don’t miss your chance to own a piece of Drexel—schedule your showing today!

20. 2025-12-13
    price $175,000 942-char remark

    Show marketing remark (942 chars)

    Welcome to 112 W Pine Street in the charming community of Drexel, Missouri! This inviting home offers small-town living with plenty of comfort and potential. Nestled on a quiet street, the property provides a peaceful setting while still being conveniently located near local schools, parks, and everyday amenities. Inside, you’ll find a functional layout with comfortable living spaces and abundant natural light throughout. Whether you’re a first-time homebuyer, downsizing, or looking for an investment opportunity, this home offers flexibility to fit your needs. The spacious yard provides great outdoor potential—perfect for entertaining, gardening, or simply enjoying the tranquility of the area. With its affordability, location, and opportunity to add your personal touch, 112 W Pine Street is a property full of possibilities. Don’t miss your chance to own a piece of Drexel—schedule your showing today!

21. 2025-11-06
    listed $185,000 Active 942-char remark

    Show marketing remark (942 chars)

    Welcome to 112 W Pine Street in the charming community of Drexel, Missouri! This inviting home offers small-town living with plenty of comfort and potential. Nestled on a quiet street, the property provides a peaceful setting while still being conveniently located near local schools, parks, and everyday amenities. Inside, you’ll find a functional layout with comfortable living spaces and abundant natural light throughout. Whether you’re a first-time homebuyer, downsizing, or looking for an investment opportunity, this home offers flexibility to fit your needs. The spacious yard provides great outdoor potential—perfect for entertaining, gardening, or simply enjoying the tranquility of the area. With its affordability, location, and opportunity to add your personal touch, 112 W Pine Street is a property full of possibilities. Don’t miss your chance to own a piece of Drexel—schedule your showing today!

22. 2025-06-30
    historical
23. 2025-05-15
    price $170,000
24. 2025-03-06
    price $180,000
25. 2025-01-15
    price $185,000
26. 2024-11-09
    listed $190,000 Active
27. 2023-10-24
    historical
28. 2023-08-12
    price $179,900
29. 2023-07-12
    price $189,000
30. 2023-06-23
    listed $200,000 Active
31. 2022-06-02
    historical
32. 2022-05-16
    price $189,900
33. 2022-04-28
    price $199,000
34. 2022-04-13
    price $214,000
35. 2022-03-18
    listed $225,000 Active
36. 2001-08-15
    soldstatus
37. 2001-03-26
    listed $39,950

ⓘ 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: $1,377 · $115/mo
• Projected year-2 tax: $1,377 · $115/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 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥108°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,403
• − Mortgage interest: −$7,562
• − Property taxes: −$1,377
• − Insurance: −$675
• − Repairs & maintenance: −$1,152
• − Management: −$1,152
• − Depreciation: −$3,927
• Taxable loss: −$1,443
• Est. tax savings @ 24.0%: +$346
• After-tax cash flow: $1,177/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: Drexel R-IV
• NCES district ID: 2911070
• Math proficiency: 25% ▼ -5.00%
• Reading proficiency: 40% ▬ 0.00%
• Median HH income: $49,749
• Composite: 30.96/100
• National rank: #11331
• State rank: #412 of 535 in MO

Livability — Drexel

• Score: 53/100
• State rank: #822
• US rank: #24458

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Drexel, MO
• Population (ZIP): 2,348

Population outlook (Cass County) Hauer SSP2

• Today (2025): 105,292 people
• By 2030: 106,109 · +0.8%
• By 2040: 105,786 · +0.5%
• By 2050: 102,062 · -3.1%
• By 2075: 88,569 · -15.9%
• By 2100: 68,293 · -35.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 5% Hispanic / Latino 3%
• Common ancestry: Slovak 2% Iranian 2% Italian 1%
• Foreign-born: 1%
• Languages at home: 99% English-only · French/Haitian/Cajun 1%

Political lean MEDSL · Cass

• 2024 margin: Solid R (+32.1) · D 33.3% · R 65.4% · Other 1.3%
• 2008→2024 swing: -12.5pp toward R · 2008: -19.6pp · 2024: -32.1pp
• All cycles: 2024: R+32.1 2020: R+31.6 2016: R+35.9 2012: R+28.4 2008: R+19.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -26.68%
• Current HPI: 215.8936
• 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

+263.0% since first listed

23 events — show timeline

• 2026-04-24 Price Changed $145,000 Heartland MLS as Distributed by MLS Grid
• 2026-03-17 Price Changed $155,000 Heartland MLS as Distributed by MLS Grid
• 2026-02-13 Price Changed $165,000 Heartland MLS as Distributed by MLS Grid
• 2026-01-30 Relisted — Heartland MLS as Distributed by MLS Grid
• 2026-01-04 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2025-12-13 Price Changed $175,000 Heartland MLS as Distributed by MLS Grid
• 2025-11-06 Listed $185,000 Heartland MLS as Distributed by MLS Grid
• 2025-06-30 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2025-05-15 Price Changed $170,000 Heartland MLS as Distributed by MLS Grid
• 2025-03-06 Price Changed $180,000 Heartland MLS as Distributed by MLS Grid
• 2025-01-15 Price Changed $185,000 Heartland MLS as Distributed by MLS Grid
• 2024-11-09 Listed $190,000 Heartland MLS as Distributed by MLS Grid
• 2023-10-24 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2023-08-12 Price Changed $179,900 Heartland MLS as Distributed by MLS Grid
• 2023-07-12 Price Changed $189,000 Heartland MLS as Distributed by MLS Grid
• 2023-06-23 Listed $200,000 Heartland MLS as Distributed by MLS Grid
• 2022-06-02 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2022-05-16 Price Changed $189,900 Heartland MLS as Distributed by MLS Grid
• 2022-04-28 Price Changed $199,000 Heartland MLS as Distributed by MLS Grid
• 2022-04-13 Price Changed $214,000 Heartland MLS as Distributed by MLS Grid
• 2022-03-18 Listed $225,000 Heartland MLS as Distributed by MLS Grid
• 2001-08-15 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2001-03-26 Listed $39,950 Heartland MLS as Distributed by MLS Grid

Property tax history

+15.6%/yr

Latest (2025): $1,377 · +213.4% YoY. Source: county tax records.