Description
Rare opportunity to acquire a 12-home single-family rental portfolio offered as one package in the St. Louis market. Located throughout Spanish Lake, Ferguson, and Unincorporated North St. Louis County, the properties are positioned within close proximity for efficient management and maintenance. The portfolio features a desirable unit mix of all 3- and 4-bedroom homes, creating strong tenant demand from both Section 8 voucher holders and market-rate renters. Professionally managed and largely renovated/rent-ready, the portfolio offers a strong mix of in-place income with immediate lease-up upside. Current gross rental income is approximately $11,519/month, with four vacant homes fully rent-ready and actively being leased. Seller anticipates at least two additional homes leased prior to closing, increasing in-place income to approximately $14,100/month. Fully stabilized pro-forma gross rental income is projected at approximately $16,700/month, with estimated annual operating expenses of approximately $53,000 and projected stabilized NOI of approximately $147,000/year. At the $1,350,000 asking price, the portfolio offers a projected stabilized cap rate approaching 10.9%. An excellent opportunity for investors seeking immediate scale, efficient scattered-site operations, dependable rental demand, and value-add upside through lease-up of rent-ready homes.
Details
| MLS # | 26041366 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1953 |
| Days On Site | 73 |
| Listing Provided By | Invest St. Louis | Matt Guignon |
Features
| SQ Feet | 816 |
|---|---|
| Acreage | 0.23 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Forced Air |
Exterior
| Construction Materials | Vinyl Siding |
|---|
Utilities
| Electric | Ameren |
|---|
Taxes
| Property | 942 |
|---|
Area Information
| State | MO |
|---|---|
| County | St. Louis |
| City | Berkeley |
| Zip Code | 63134 |
| Area | McCluer South |
| Community Name | Kinloch Park |
| School District | Mccluer South-Berkeley High |
| Elementary School | Berkeley Elementary School |
| High School | Mccluer South-Berkeley High |
| Listing VS Median (in Kinloch Park) | |
Price: $1,349,000 low | high Med: $101,450 sqft: 816 low | high Med: 900 $ / sqft: $1,653 low | high Med: $113 On site: 73 low | high Med: 94.5 | |
Market Activity 63134
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Listings courtesy of Maris MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of September 14, 2026 at 1:57:17 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
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Learn More About This Property
| State | MO |
|---|---|
| County | St. Louis |
| City | Berkeley |
| Zip Code | 63134 |
| Area | McCluer South |
| Community Name | Kinloch Park |
| School District | Mccluer South-Berkeley High |
| Elementary School | Berkeley Elementary School |
| High School | Mccluer South-Berkeley High |
| Listing VS Median (in Kinloch Park) | |
Price: $1,349,000 low | high Med: $101,450 sqft: 816 low | high Med: 900 $ / sqft: $1,653 low | high Med: $113 On site: 73 low | high Med: 94.5 | |
Listings courtesy of Maris MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
