4646 S Grand Blvd · St. Louis, MO 63111

$69,900

3 bd · 1.0 ba · 1,128 sqft · SingleFamily public records · 15 Days on market

Built 1993 4,260 sqft lot ↓ 2% since listing

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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 +3.3/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Brick 3 bed 1 bath home in South City. This is convenient to highways and shopping. Great family home! This is a Fannie Mae HomePath property. It is strongly encouraged that an offer includes proof of funds or pre-approval letter as it is a requirement for seller’s final acceptance

Key facts

• Full basement
• Detached garage
• 4,260 sq ft lot

Tags

• FULL BASEMENT
• DETACHED GARAGE

Property features AI

Exterior

• Parking: One-car garage
• Utilities: Public water; Public sewer; Electric service by Ameren
• Home design: Single-family residence; One story; Residential property
• Construction: Brick veneer construction
• Exterior features: Front yard; Back yard

Interior

• Bedrooms: Three bedrooms on the main level
• Bathrooms: One full bathroom (main level)
• Heating & cooling: Forced air heating (natural gas); Central air conditioning (electric)
• Interior features: Full basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $439 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $69k (1.5% below list) — sets the bar for market timing.
• Cap rate 13.8% 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.
• Zoned schools: Woodward Elem. (math 2% / reading 8%, grade F, #1,072 of 1,115 statewide, top 98%, 239 students, 99% FRL); Roosevelt High (math 2% / reading 8%, grade F, #517 of 521 statewide, top 100%, 460 students, 99% FRL) — zoned schools average 99% FRL vs 80% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.3%/yr); 125 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 42% 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 (-3.0%/yr); year-one equity from $483 of loan paydown is wiped out by about $2k 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 + 3.3% rent growth), your $20k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 15 days — a 2% lower offer ($69k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 11y 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.

Risks & watch-outs

• 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 $68,851 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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.
3. 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.
4. 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: 1.66% ✓
• Cap rate: 13.82%
• Cash-on-cash: 26.89%
• DSCR: 2.20
• GRM: 5.0

CMA / ARV

• ARV (on-the-fly): $171,456
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3628 Neosho St	0.08mi	3/2.0	1,158 (+3%)	1mo	$189,900	$164	87
4659 Tennessee Ave	0.05mi	2/1.0 (-1)	1,215 (+8%)	1mo	$109,000	$90	79
4410 S Spring Ave	0.41mi	3/1.0	1,101 (-2%)	0mo	$169,900	$154	77
4471 S Spring Ave	0.39mi	3/2.0	1,152 (+2%)	1mo	$135,000	$117	74
5007 Alabama Ave	0.40mi	2/1.0 (-1)	1,096 (-3%)	1mo	$157,500	$144	71
4404 S 39th St	0.47mi	2/2.0 (-1)	1,120 (-1%)	2mo	$164,900	$147	66
4437 S 37th St	0.24mi	2/1.0 (-1)	1,007 (-11%)	2mo	$155,000	$154	65
3855 Bingham Ave	0.52mi	2/1.5 (-1)	1,050 (-7%)	1mo	$159,900	$152	56
3139 Mount Pleasant St	0.43mi	3/2.0	1,270 (+13%)	1mo	$175,000	$138	54
3940 Randall St	0.59mi	3/1.0	1,008 (-11%)	1mo	$165,000	$164	54
3829 Burgen Ave	0.75mi	2/1.0 (-1)	1,200 (+6%)	1mo	$220,000	$183	49
5015 Gerritt Ave	0.58mi	2/1.0 (-1)	1,293 (+15%)	1mo	$165,000	$128	43

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 · 3.27% rent growth · sell at horizon

5-year hold

• IRR: 21.1%
• Equity multiple: 1.87×
• Total profit: $16,937
• Equity at exit: $10,422

10-year hold

• IRR: 29.4%
• Equity multiple: 3.66×
• Total profit: $52,075
• Equity at exit: $6,044

Cash invested: $19,572 (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 63111

• Rents YoY: 3.3%
• Active inventory: 125
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $1,158 high
• Mortgage (P&I): −$367
• Tax from tax record: −$81 /mo · $971/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$243
• Net cashflow: $439

Break-even live

Break-even rent $603

Max offer price $69,900

Occupancy floor 57%

Sensitivity live

Price	-10% $478	-5% $458	+0% $439	+5% $419	+10% $399
Rent	-10% $347	-5% $393	+0% $439	+5% $484	+10% $530
Rate	-1.0pp $474	-0.5pp $456	base $439	+0.5pp $420	+1.0pp $402

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3635 Marceline Ter Unit 2ND St. Louis, MO	3.0	1.0	1250	$1,275	$1.02	44d	1	0.10mi
4637 Louisiana Ave Saint Louis, MO	2.0	1.0	1104	$1,175	$1.06	13d	1	0.12mi
4451 Grace Ave Saint Louis, MO	2.0	1.0	700	$750	$1.07	18d	1	0.14mi
4416 S Grand Blvd Saint Louis, MO	3.0	1.0	963	$1,550	$1.61	24d	1	0.17mi
4716 Louisiana Ave Unit 2F St. Louis, MO	2.0	1.0	1200	$995	$0.83	44d	1	0.22mi
3707a Delor St Unit 3707-2F St. Louis, MO	2.0	1.5	900	$1,115	$1.24	44d	1	0.26mi
3661 Delor St Unit 3661-2F St. Louis, MO	2.0	1.5	900	$1,115	$1.24	44d	1	0.27mi
3661 Delor St Unit 3661-1F St. Louis, MO	2.0	1.5	900	$1,225	$1.36	44d	1	0.27mi
3709 Delor St Unit 3709-1F St. Louis, MO	2.0	1.5	900	$1,225	$1.36	44d	1	0.27mi
3659 Delor St Unit 3659-1F St. Louis, MO	2.0	1.5	900	$1,115	$1.24	44d	1	0.28mi
3711 Delor St Unit 3711-1F St. Louis, MO	2.0	1.5	900	$1,225	$1.36	24d	1	0.28mi
3719 Delor St Unit 3719-1F St. Louis, MO	2.0	1.5	900	$1,115	$1.24	44d	1	0.29mi
3723 Delor St Unit 3723-1F St. Louis, MO	2.0	1.5	900	$1,225	$1.36	44d	1	0.29mi
3705 Delor St Unit 3705-1F St. Louis, MO	2.0	1.5	900	$1,225	$1.36	44d	1	0.29mi
3647 Delor St Unit 3647-1F St. Louis, MO	2.0	1.5	900	$1,115	$1.24	44d	1	0.30mi
3729 Delor St Unit 37292-F St. Louis, MO	2.0	1.5	900	$1,115	$1.24	24d	1	0.31mi
4455 S 38th St Saint Louis, MO	3.0	1.0	1000	$1,000	$1.00	24d	1	0.31mi
3717 Delor St Unit 37172-F St. Louis, MO	2.0	1.5	900	$1,115	$1.24	24d	1	0.31mi
4617 Virginia Ave St. Louis, MO	2.0	1.0	700	$825	$1.18	24d	1	0.31mi
3737 Delor St Unit 3737-1F St. Louis, MO	2.0	1.5	900	$1,115	$1.24	24d	1	0.31mi
3737 Delor St Unit 3737-2F St. Louis, MO	2.0	1.5	900	$1,115	$1.24	44d	1	0.31mi
3761 Delor St St. Louis, MO	2.0	1.5	900	$1,285	$1.43	2d	2	0.32mi
3765 Delor St Unit 37651-F St. Louis, MO	2.0	1.5	900	$1,225	$1.36	24d	1	0.33mi
5028 Louisiana Ave Saint Louis, MO	2.0	1.0	1200	$1,100	$0.92	44d	1	0.35mi
4217 S Grand Blvd Unit 1 St. Louis, MO	3.0	1.0	1250	$1,400	$1.12	5d	1	0.35mi
3324 Liberty St Saint Louis, MO	2.0	1.0	1100	$950	$0.86	17d	1	0.37mi
3702 Meramec St Unit 1e St. Louis, MO	2.0	1.0	725	$950	$1.31	8d	1	0.40mi
5217 S Grand Blvd Saint Louis, MO	2.0	1.0	870	$1,125	$1.29	15d	1	0.41mi
3243 Delor St Unit 3243 St. Louis, MO	3.0	1.0	1100	$1,250	$1.14	22d	1	0.47mi
5033 Ulena Ave Saint Louis, MO	2.0	1.0	960	$1,575	$1.64	44d	1	0.55mi
4053 Giles Ave Unit A St. Louis, MO	2.0	1.0	1082	$995	$0.92	11d	1	0.56mi
4450 Pennsylvania Ave Saint Louis, MO	3.0	1.0	1500	$1,100	$0.73	5d	1	0.59mi
4005 S Grand Blvd Saint Louis, MO	4.0	1.0	1323	$1,150	$0.87	17d	1	0.61mi
3824 Eiler St Saint Louis, MO	2.0	1.0	1000	$1,050	$1.05	24d	1	0.63mi
5102 Wicklow Pl Saint Louis, MO	2.0	1.5	928	$1,350	$1.45	24d	1	0.64mi
4528 Nebraska Ave Unit 305 St. Louis, MO	2.0	2.0	950	$1,345	$1.42	24d	1	0.66mi
4127 Minnesota Ave Unit 2F St. Louis, MO	3.0	1.0	1155	$1,200	$1.04	44d	1	0.67mi
4127 Minnesota Ave Unit 1F St. Louis, MO	3.0	1.0	1155	$1,200	$1.04	44d	1	0.67mi
440 Eichelberger St Saint Louis, MO	2.0	1.0	750	$850	$1.13	4d	1	0.68mi
3514 Alberta St Unit 1W St. Louis, MO	2.0	1.0	800	$800	$1.00	44d	1	0.68mi

Listing history 16 events

1. 2026-06-05
   status $69,900 Pending 15 DOM
2. 2026-06-03
   days on market $69,900 Active 15 DOM
3. 2026-06-02
   days on market $69,900 Active 14 DOM
4. 2026-06-01
   days on market $69,900 Active 13 DOM
5. 2026-05-31
   days on market $69,900 Active 12 DOM
6. 2026-05-19
   listed $69,900 Active
7. 2023-08-30
   historical
8. 2023-08-19
   listed $129,000 Active
9. 2016-02-24
   soldstatus Closed 289-char remark

   Show marketing remark (289 chars)

   Brick 3 bed 1 bath home in South City. This is convenient to highways and shopping. Great family home! This is a Fannie Mae HomePath property. It is strongly encouraged that an offer includes proof of funds or pre-approval letter as it is a requirement for seller’s final acceptance

10. 2016-02-07
    historical 289-char remark

    Show marketing remark (289 chars)

    Brick 3 bed 1 bath home in South City. This is convenient to highways and shopping. Great family home! This is a Fannie Mae HomePath property. It is strongly encouraged that an offer includes proof of funds or pre-approval letter as it is a requirement for seller’s final acceptance

11. 2015-12-30
    price $49,900 289-char remark

    Show marketing remark (289 chars)

    Brick 3 bed 1 bath home in South City. This is convenient to highways and shopping. Great family home! This is a Fannie Mae HomePath property. It is strongly encouraged that an offer includes proof of funds or pre-approval letter as it is a requirement for seller’s final acceptance

12. 2015-11-24
    price $63,000 289-char remark

    Show marketing remark (289 chars)

    Brick 3 bed 1 bath home in South City. This is convenient to highways and shopping. Great family home! This is a Fannie Mae HomePath property. It is strongly encouraged that an offer includes proof of funds or pre-approval letter as it is a requirement for seller’s final acceptance

13. 2015-11-17
    soldstatus
14. 2015-10-30
    listed $71,000 Active 289-char remark

    Show marketing remark (289 chars)

    Brick 3 bed 1 bath home in South City. This is convenient to highways and shopping. Great family home! This is a Fannie Mae HomePath property. It is strongly encouraged that an offer includes proof of funds or pre-approval letter as it is a requirement for seller’s final acceptance

15. 2001-08-30
    soldstatus
16. 2000-09-28
    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: $971 · $81/mo
• Projected year-2 tax: $971 · $81/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 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: $13,901
• − Mortgage interest: −$3,915
• − Property taxes: −$971
• − Insurance: −$350
• − Repairs & maintenance: −$1,112
• − Management: −$1,112
• − Depreciation: −$2,033
• Taxable income: $4,408
• Est. tax owed @ 24.0%: −$1,058
• After-tax cash flow: $4,205/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): 18,851
• Household income: $47,039
• Rent vs Own: 61.6% rent · 38.4% own
• Severe rent burden: 1364.0

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 0.65)
• Race & ethnicity: Black 42% White 41% Two or more races 11% Hispanic / Latino 9% Asian 1%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Lithuanian 3% Slovak 1% Romanian 1%
• Foreign-born: 7% · Canada, India
• Languages at home: 90% English-only · Spanish 7% Other Indo-European 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: ▼ -92.80%
• Current HPI: 169.4644
• Rent YoY: ▲ 3.27%
• 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

-1.5% since first listed

11 events — show timeline

• 2026-05-19 Listed $69,900 MARIS as Distributed by MLS Grid
• 2023-08-30 Delisted — MARIS as Distributed by MLS Grid
• 2023-08-19 Listed $129,000 MARIS as Distributed by MLS Grid
• 2016-02-24 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2016-02-07 Delisted — MARIS as Distributed by MLS Grid
• 2015-12-30 Price Changed $49,900 MARIS as Distributed by MLS Grid
• 2015-11-24 Price Changed $63,000 MARIS as Distributed by MLS Grid
• 2015-11-17 Sold (Public Records) — Public Records
• 2015-10-30 Listed $71,000 MARIS as Distributed by MLS Grid
• 2001-08-30 Sold (Public Records) — Public Records
• 2000-09-28 Sold (Public Records) — Public Records

Property tax history

-3.4%/yr

Latest (2024): $971 · +5.0% YoY. Source: county tax records.