4709 Lewis Pl · St. Louis, MO 63113

$139,999

5 bd · 2.5 ba · 1,118 sqft · SingleFamily public records · 220 Days on market

Built 1924 7,000 sqft lot $125/sqft · 123% above area Est $94k · 49% over

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• 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
• ARV discount +0.0/15.0

Listing remarks MLS

Welcome to 4709 Lewis Place a beautifully refreshed home tucked on a quiet, tree-lined street with a park-like median in the nationally historic Lewis Place neighborhood! Much larger than it appears, the main floor offers a spacious living room with an office/bonus room, two bedrooms, a full bath, an updated kitchen with new countertops, stainless steel appliances, a gas range, and an LG washer (1-year warranty), plus an enclosed sunporch overlooking the fenced backyard. Upstairs features three additional bedrooms and another full bath. Enjoy year-round comfort with a brand-new duct system and dual-zoned HVACtwo AC units and furnaces installed within the last 4 years along with the retained radiator system for efficient, healthier heat. The home has fresh paint throughout, a recently repaired roof, and a dry basement with sump pump, half bath, and laundry hookups. Off-street parking, patio, and a prime location minutes from CWE, Forest Park, The Foundry, and The Loop!

Key facts

• Dual-zoned hvac
• Updated kitchen
• Enclosed sunporch

Tags

• UPDATED KITCHEN
• ENCLOSED SUNPORCH
• FENCED BACKYARD
• BRAND-NEW DUCT SYSTEM
• DUAL-ZONED HVAC
• RECENTLY REPAIRED ROOF

What this means for you Summary

Snapshot

• This is a 5-bed/2.5-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $140k).
• Recommended offer: $123k (12.0% below list) — sets the bar for market timing.
• Cap rate 16.4% 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 C — 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; 1 comparable units currently listed for rent nearby; 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 $968 of loan paydown is wiped out by about $3k 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 $39k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 220 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 7y ago; this cycle's ask has dropped $17k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $48k; list at $140k implies a 192% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1924 — 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 $123,199 (12.0% below list)

Questions for the listing agent

1. It's been on market 220 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 1924 — 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: 1.81% ✓
• Cap rate: 16.41%
• Cash-on-cash: 36.12%
• DSCR: 2.61
• GRM: 4.6

CMA / ARV

• ARV (median comp): $94,025
• List price: $139,999
• Delta: 48.90%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 33.3%
• Equity multiple: 2.47×
• Total profit: $57,481
• Equity at exit: $26,270

10-year hold

• IRR: 39.2%
• Equity multiple: 4.85×
• Total profit: $151,098
• Equity at exit: $21,580

Cash invested: $39,200 (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: 4.6×

Monthly cashflow live

• Estimated rent: $2,535 medium
• Mortgage (P&I): −$734
• Tax from tax record: −$30 /mo · $364/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$532
• Net cashflow: $1,180

Break-even live

Break-even rent $1,042

Max offer price $139,999

Occupancy floor 48%

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
18 S Kingshighway Blvd Saint Louis, MO	4.0	1.0–2.0	730	$2,535	$3.47	43d	42	1.15mi

Listing history 30 events

1. 2026-06-18
   days on market $139,999 Active 220 DOM
2. 2026-06-17
   days on market $139,999 Active 219 DOM
3. 2026-06-16
   days on market $139,999 Active 218 DOM
4. 2026-06-15
   days on market $139,999 Active 217 DOM
5. 2026-06-13
   days on market $139,999 Active 215 DOM
6. 2026-06-09
   days on market $139,999 Active 211 DOM
7. 2026-06-08
   days on market $139,999 Active 210 DOM
8. 2026-06-08
   days on market $139,999 Active 209 DOM
9. 2026-06-05
   days on market $139,999 Active 206 DOM
10. 2026-06-03
    days on market $139,999 Active 205 DOM
11. 2026-06-02
    days on market $139,999 Active 204 DOM
12. 2026-06-01
    days on market $139,999 Active 203 DOM
13. 2026-05-31
    days on market $139,999 Active 202 DOM
14. 2026-04-25
    price $139,999 982-char remark

    Show marketing remark (982 chars)

    Welcome to 4709 Lewis Place a beautifully refreshed home tucked on a quiet, tree-lined street with a park-like median in the nationally historic Lewis Place neighborhood! Much larger than it appears, the main floor offers a spacious living room with an office/bonus room, two bedrooms, a full bath, an updated kitchen with new countertops, stainless steel appliances, a gas range, and an LG washer (1-year warranty), plus an enclosed sunporch overlooking the fenced backyard. Upstairs features three additional bedrooms and another full bath. Enjoy year-round comfort with a brand-new duct system and dual-zoned HVACtwo AC units and furnaces installed within the last 4 years along with the retained radiator system for efficient, healthier heat. The home has fresh paint throughout, a recently repaired roof, and a dry basement with sump pump, half bath, and laundry hookups. Off-street parking, patio, and a prime location minutes from CWE, Forest Park, The Foundry, and The Loop!

15. 2026-02-04
    price $144,999 982-char remark

    Show marketing remark (982 chars)

    Welcome to 4709 Lewis Place a beautifully refreshed home tucked on a quiet, tree-lined street with a park-like median in the nationally historic Lewis Place neighborhood! Much larger than it appears, the main floor offers a spacious living room with an office/bonus room, two bedrooms, a full bath, an updated kitchen with new countertops, stainless steel appliances, a gas range, and an LG washer (1-year warranty), plus an enclosed sunporch overlooking the fenced backyard. Upstairs features three additional bedrooms and another full bath. Enjoy year-round comfort with a brand-new duct system and dual-zoned HVACtwo AC units and furnaces installed within the last 4 years along with the retained radiator system for efficient, healthier heat. The home has fresh paint throughout, a recently repaired roof, and a dry basement with sump pump, half bath, and laundry hookups. Off-street parking, patio, and a prime location minutes from CWE, Forest Park, The Foundry, and The Loop!

16. 2025-12-13
    price $151,999 982-char remark

    Show marketing remark (982 chars)

    Welcome to 4709 Lewis Place a beautifully refreshed home tucked on a quiet, tree-lined street with a park-like median in the nationally historic Lewis Place neighborhood! Much larger than it appears, the main floor offers a spacious living room with an office/bonus room, two bedrooms, a full bath, an updated kitchen with new countertops, stainless steel appliances, a gas range, and an LG washer (1-year warranty), plus an enclosed sunporch overlooking the fenced backyard. Upstairs features three additional bedrooms and another full bath. Enjoy year-round comfort with a brand-new duct system and dual-zoned HVACtwo AC units and furnaces installed within the last 4 years along with the retained radiator system for efficient, healthier heat. The home has fresh paint throughout, a recently repaired roof, and a dry basement with sump pump, half bath, and laundry hookups. Off-street parking, patio, and a prime location minutes from CWE, Forest Park, The Foundry, and The Loop!

17. 2025-11-10
    listed $156,999 Active 982-char remark

    Show marketing remark (982 chars)

    Welcome to 4709 Lewis Place a beautifully refreshed home tucked on a quiet, tree-lined street with a park-like median in the nationally historic Lewis Place neighborhood! Much larger than it appears, the main floor offers a spacious living room with an office/bonus room, two bedrooms, a full bath, an updated kitchen with new countertops, stainless steel appliances, a gas range, and an LG washer (1-year warranty), plus an enclosed sunporch overlooking the fenced backyard. Upstairs features three additional bedrooms and another full bath. Enjoy year-round comfort with a brand-new duct system and dual-zoned HVACtwo AC units and furnaces installed within the last 4 years along with the retained radiator system for efficient, healthier heat. The home has fresh paint throughout, a recently repaired roof, and a dry basement with sump pump, half bath, and laundry hookups. Off-street parking, patio, and a prime location minutes from CWE, Forest Park, The Foundry, and The Loop!

18. 2025-06-16
    price $159,900
19. 2025-04-03
    price $169,900
20. 2025-03-11
    listed $179,900 Active
21. 2020-10-14
    soldstatus $48,000
22. 2020-10-06
    soldstatus Closed
23. 2020-07-04
    status Pending
24. 2020-05-29
    price $59,500
25. 2020-05-12
    status Active
26. 2020-04-27
    status Pending
27. 2020-04-03
    historical Active Under Contract
28. 2020-03-19
    price $64,900
29. 2019-12-19
    listed $75,000 Active
30. 1991-11-01
    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: $364 · $30/mo
• Projected year-2 tax: $1,358 · $113/mo
• Expected delta: +$994/yr (+$83/mo · 273.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 22% 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: $30,420
• − Mortgage interest: −$7,842
• − Property taxes: −$364
• − Insurance: −$700
• − Repairs & maintenance: −$2,434
• − Management: −$2,434
• − Depreciation: −$4,073
• Taxable income: $12,574
• Est. tax owed @ 24.0%: −$3,018
• After-tax cash flow: $11,140/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

+86.7% since first listed

17 events — show timeline

• 2026-04-25 Price Changed $139,999 MARIS as Distributed by MLS Grid
• 2026-02-04 Price Changed $144,999 MARIS as Distributed by MLS Grid
• 2025-12-13 Price Changed $151,999 MARIS as Distributed by MLS Grid
• 2025-11-10 Listed $156,999 MARIS as Distributed by MLS Grid
• 2025-06-16 Price Changed $159,900 MARIS as Distributed by MLS Grid
• 2025-04-03 Price Changed $169,900 MARIS as Distributed by MLS Grid
• 2025-03-11 Listed $179,900 MARIS as Distributed by MLS Grid
• 2020-10-14 Sold (Public Records) $48,000 Public Records
• 2020-10-06 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2020-07-04 Pending — MARIS as Distributed by MLS Grid
• 2020-05-29 Price Changed $59,500 MARIS as Distributed by MLS Grid
• 2020-05-12 Relisted — MARIS as Distributed by MLS Grid
• 2020-04-27 Pending — MARIS as Distributed by MLS Grid
• 2020-04-03 Contingent — MARIS as Distributed by MLS Grid
• 2020-03-19 Price Changed $64,900 MARIS as Distributed by MLS Grid
• 2019-12-19 Listed $75,000 MARIS as Distributed by MLS Grid
• 1991-11-01 Sold (Public Records) — Public Records

Property tax history

-2.7%/yr

Latest (2022): $364 · +0.1% YoY. Source: county tax records.