1516 Farmview Avenue, Spanish Lake, MO 63138
Local realty services provided by:CENTURY 21 Premiere Realty
1516 Farmview Avenue,Unincorporated, MO 63138
$135,000
- 3 Beds
- 2 Baths
- 1,156 sq. ft.
- Single family
- Active
Listed by: kimberly turner, denise turner
Office: worth clark realty
MLS#:25076017
Source:MO_MARIS
Price summary
- Price:$135,000
- Price per sq. ft.:$116.78
About this home
OCCUPANCY INSPECTION to be PASSED! PRICE IMPROVEMENT! Investor alert with first-time homebuyer appeal! This well-maintained 3-bedroom, 1.5-bath ranch in a quiet, established St. Louis County neighborhood offers excellent rental potential and long-term value. With a NEW roof, NEW windows, fresh paint, and a partially finished basement, this home is ideal for investors seeking a low-maintenance, turnkey property, while also remaining a great option for first-time buyers looking for affordability and equity opportunity.
Inside, the home features three comfortable bedrooms with ample closet space, including a primary bedroom with its own private half-bath ensuite, a major convenience feature for both tenants and owner-occupants. The living spaces include a bright living room with a large picture window and a cozy family room with a decorative fireplace—flexible, appealing spaces that enhance livability and rental demand. The partially finished lower level provides valuable bonus space for recreation or storage, adding more functional square footage. An attached one-car garage, fenced and flat backyard, and recent updates further contribute to the home's appeal and low-maintenance profile.
For investors, estimated market rent ranges from $1,400 to $1,600 per month, creating strong cash-flow potential in a high-demand rental area. With major updates already completed, this home requires minimal turnover preparation and offers dependable performance within a stable and established community for your new tenant.
Whether you’re adding to your rental portfolio or purchasing your first home, this property delivers a rare blend of affordability, updated systems, and versatile living space at an attractive price point. Move-in ready, well cared for, and positioned for both immediate use and long-term value—don’t miss this opportunity.
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Home facts
- Year built:1968
- Listing ID #:25076017
- Added:31 day(s) ago
- Updated:December 14, 2025 at 04:22 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Living area:1,156 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Year built:1968
- Building area:1,156 sq. ft.
- Lot area:0.18 Acres
Schools
- High school:Hazelwood East High
- Middle school:Northwest Middle
- Elementary school:Brown Elem.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$135,000
- Price per sq. ft.:$116.78
- Tax amount:$2,131 (2024)
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