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    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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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    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.

    32-Unit Brick Apartment Community
    32-Unit Brick Apartment Community

    245 Chambers Road, Riverview, MO 63137

    $2,000,000
    23,744 sqft 1.07 AC lot

    Multifamily property with two-bedroom units, on-site laundry, management space, and resident parking.

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    Two-Unit Duplex with Basement
    Two-Unit Duplex with Basement

    Saint Louis, MO 63147

    $195,900
    2,288 sqft

    Both residences are occupied and include eat-in kitchens, main-floor primary bedrooms, and upper-level second bedrooms.

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    Brick Two-Unit Duplex
    Brick Two-Unit Duplex

    Saint Louis, MO 63147

    $195,875
    2,288 sqft 0.14 AC lot

    Each residence has two bedrooms, one bathroom, and a separate eat-in kitchen; both are currently occupied.

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    Brick Duplex with Lower-Level Space
    Brick Duplex with Lower-Level Space

    503 Chambers Rd, Riverview, MO 63137

    $99,900
    1,144 sqft 0.26 AC lot

    Two separate residences share a fenced yard and covered patio on a corner parcel.

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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.

    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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    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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    Platted Single-Family Development Land
    Platted Single-Family Development Land

    4242 Vaile Avenue, Florissant, MO 63034

    $1,700,000
    11.36 AC lot

    Level, already platted land zoned for single-family use, designed for 19 residential lots.

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    Oversized Corner Lot in Granite
    Oversized Corner Lot in Granite

    2701 Marshall Avenue, Granite City, IL 62040

    Contact for pricing
    0.23 AC lot

    Residential vacant corner lot in a peaceful 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 investment 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 Residential Income pricing trends in St. Louis County

    Residential Income

    How Realmo verifies these figures

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