Single-Family

Spanish Lake, MO Single Family Properties for Sale

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Saint Louis, MO Florissant, MO Riverview, MO Black Jack, MO Dellwood, MO Ferguson, MO Granite City, IL 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 offered as one package in the St. Louis market (Spanish Lake, Ferguson, and unincorporated North St. Louis County).
Unit mix: all 3- and 4‑bedroom homes, with tenant demand from Section 8 voucher holders and market‑rate renters.
Current gross rental income is approximately $11,519/month, with four vacant homes fully rent‑ready and actively being leased.
Seller expects additional homes leased before closing, increasing in‑place gross rental income to approximately $14,100/month.
Projected stabilized gross rental income is approximately $16,700/month, with estimated annual operating expenses of approximately $53,000 and stabilized NOI of approximately $147,000/year.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Spanish Lake, MO, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Single-Family Rental Portfolio
Single-Family Rental Portfolio

8433 1st Street, Berkeley, MO 63134

$1,349,000
816 sqft 0.23 AC lot

Twelve 3- and 4-bedroom rental homes offered as a single package, including four rent-ready vacancies.

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Ranch-Style Rental Portfolio
Ranch-Style Rental Portfolio

504 Robert Avenue, Ferguson, MO 63135

$1,349,000
864 sqft 0.09 AC lot

12-home single-family rental portfolio offers a mix of 3- and 4-bedroom homes with rent-ready vacancies.

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Commercial Infill Development Lot
Commercial Infill Development Lot

4483 Hunt Avenue, St, Louis, MO 63110

$100,000
0.07 AC lot

Commercially zoned lot offered with an existing home ready for demo, sized about 25 by 127 feet.

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Residential Land Lot Bundle
Residential Land Lot Bundle

10515 Clarendon Avenue, St, Louis, MO 63114

$32,000
0.16 AC lot

Bundle of three residential lots in Residential zoning, with public water and sewer; existing structures are unsafe tear-downs.

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Spanish Lake, MO Single Family Properties Market Trends and Statistics

Explore 1 single family 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 single family properties in Spanish Lake, MO start at $1,349,000, averaging $1,349,000, and reaching up to $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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