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    Spanish Lake, MO
    Residential Income

    Spanish Lake, MO Residential Income Properties for Sale

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    Saint Louis, MO Florissant, MO Black Jack, MO Riverview, MO Hazelwood, MO Dellwood, MO Ferguson, MO Jennings, MO
    Single-Family Rental Portfolio
    Updated: Jul 3
    Single-Family Rental Portfolio

    1123 Rhea Avenue, Spanish Lake, MO 63138

    $1,349,000
    864 sqft 0.12 AC lot
    12‑home single‑family rental portfolio sold as one package in the St. Louis market
    Unit mix of all 3- and 4‑bedroom homes across Spanish Lake, Ferguson, and unincorporated North St. Louis County
    Current gross rental income approx. $11,519/month, with four vacant homes fully rent‑ready and being leased
    Seller anticipates at least two more homes leased before closing, increasing in‑place income to approx. $14,100/month
    Stabilized pro‑forma gross rental income approx. $16,700/month with estimated annual operating expenses approx. $53,000 and projected stabilized NOI approx. $147,000/year
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    See what stands out in St. Louis County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Spanish Lake, MO, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    1036 Theobald St, Saint Louis, MO 63147

    $209,000
    2,300 sqft

    Front duplex and separate rear dwelling provide a compact multifamily configuration.

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    Brick Four-Unit Apartment Building
    Brick Four-Unit Apartment Building

    8904 Riverview Blvd, Saint Louis, MO 63147

    $140,000

    Hardwood flooring, generous rooms, a backyard, and garage space add practical residential features.

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    Brick Duplex with Basement
    Brick Duplex with Basement

    8873 Lowell Street, St, Louis, MO 63147

    $199,900
    2,288 sqft 0.14 AC lot

    Two occupied units offer an established rental configuration with additional basement storage and utility space.

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    Brick Quadplex with Garage
    Brick Quadplex with Garage

    8904 Riverview Boulevard, St, Louis, MO 63147

    $150,000
    0.14 AC lot

    Four-unit multifamily property with hardwood floors, backyard space, and central air.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Land in St. Louis
    Residential Land in St. Louis

    9753 Lilac Drive, St, Louis, MO 63137

    Contact for pricing
    0.25 AC lot

    Vacant residential lot ideal for new construction or investment.

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    Development-Ready Land in Black Jack
    Development-Ready Land in Black Jack

    13630 Old Halls Ferry Lane, Black Jack, MO 63033

    $500,000
    18.33 AC lot

    18.33 acres of residential land ready for development.

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    Buildable Corner Lot in Granite
    Buildable Corner Lot in Granite

    2830 Cayuga Street, Granite City, IL 62040

    Contact for pricing
    0.36 AC lot

    Over a third acre corner lot with available utilities.

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    Residential Lot in Granite City
    Residential Lot in Granite City

    2116 Miracle Avenue, Granite City, IL 62040

    Contact for pricing
    0.14 AC lot

    Vacant residential lot in established Granite City neighborhood.

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    Spanish Lake, MO Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Spanish Lake, MO on our real estate platform. These investment opportunities span a total of 864 square feet of properties for sale, with an estimated market value of $1,349,000.

    Sale prices for residential income properties in Spanish Lake, MO average $1,349,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Single family properties 1

    Demographics Overview

    Population 19K
    Population Growth (5Y) +0.8%
    Median Household Income $51,714
    College Educated 21.6%

    High-Yield Neighborhoods for Investment

    Identify Spanish Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Saint Louis - 63138 $1.3M

    Listings Trend

    New vs delisted commercial listings in St. Louis County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in St. Louis County

    Residential Income

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