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Single-Family Rental Portfolio
For Sale
$1,349,000

8433 1st Street, Berkeley, MO 63134

Residential Income, Berkeley, MO

Property Size816 SF
Lot Size0.23 Acres
Price / SF$1,653
Days on Market68

Property Features for 8433 1st Street

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Bedrooms 7
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 7, Bedroom 6, Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 5, Bathroom 1
Subdivision Kinloch Park
Elementary school Berkeley Elementary School
Middle school Berkeley Middle
High school Mccluer South-Berkeley High
Elementary school district Ferguson-Florissant R-II
Middle school district Ferguson-Florissant R-II
High school district Ferguson-Florissant R-II
Standard status Active
APN 11J-41-0387
Size 816 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 942

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1953
Building materials Vinyl Siding
Architectural style Ranch
Listing Agency: Invest St. Louis
Listed By: Matt Guignon · License #2018041115
Added: Jul 3 Changed: Sep 3 Last Checked: Sep 8 at 2:06AM
MLS# 26041366

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This single-family rental portfolio consists of 12 homes with a unit mix of 3- and 4-bedroom residences. The properties are described as professionally managed and largely renovated, with four homes currently vacant and rent-ready and actively being leased. The seller’s outlook includes at least two additional homes leased prior to closing.

The portfolio is located throughout Spanish Lake, Ferguson, and unincorporated North St. Louis County, with the homes positioned for efficient management and maintenance due to their close proximity. Current gross rental income is approximately $11,519 per month, with the seller anticipating approximately $14,100 per month after additional lease-up before closing. Fully stabilized pro-forma gross rental income is projected at approximately $16,700 per month, with estimated annual operating expenses of approximately $53,000 and projected stabilized NOI of approximately $147,000 per year. The asking price is $1,350,000, reflecting a projected stabilized cap rate approaching 10.9%.

Key Highlights

  • 12‑home single‑family rental portfolio offered as one package in the St. Louis market
  • Unit mix of all 3- and 4‑bedroom homes, with demand from both Section 8 voucher holders and market‑rate renters
  • Current gross rental income is approx. $11,519/month; four vacant homes are fully rent‑ready and actively being leased

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Auto Parts Store HVAC Service Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

246
Businesses Nearby

Demographics for 63134, MO

12,737
Population
5,675
Households
2.2
Avg Household Size
35
Median Age
17%
College-Educated
86%
High-School Grad
8.3 sq mi
ZIP Area
1,535
Density / Sq Mi
$42,222
Median Household Income
$32,136
Median Earnings
$1,107
Median Rent
$92,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Single family property - Twelve 3- and 4-bedroom rental homes offered as a single package, including four rent-ready vacancies.
Where is this single family property located?
The property is located at 8433 1st Street Berkeley, MO.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: 12‑home single‑family rental portfolio offered as one package in the St. Louis market; Unit mix of all 3- and 4‑bedroom homes, with demand from both Section 8 voucher holders and market‑rate renters; Current gross rental income is approx. $11,519/month; four vacant homes are fully rent‑ready and actively being leased
More about this property
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