8838 Park Lane, Saint Louis, MO 63147
Local realty services provided by:CENTURY 21 Broughton Team
8838 Park Lane,St Louis, MO 63147
$69,900
- 2 Beds
- 1 Baths
- 1,144 sq. ft.
- Single family
- Active
Listed by: joey schenck, matt guignon
Office: invest st. louis
MLS#:26036203
Source:MO_MARIS
Price summary
- Price:$69,900
- Price per sq. ft.:$61.1
About this home
Investor opportunity at 8838 Park Lane. This 2-bedroom, 1-bath rental home is currently leased for $1,055/month with a month-to-month tenant in place, providing immediate income and future flexibility. Property could benefit from cosmetic updates and a light unit turn, offering upside for an investor looking to improve condition and capture stronger market rent over time.
Seller is acting as Power of Attorney for an inherited four-home portfolio and prefers to sell this property together with the other three homes. The portfolio includes two occupied homes and two vacant, move-in-ready homes, with expected total portfolio income of approximately $4,900/month. The properties are located in close proximity to one another, creating operational efficiencies and making them easier to manage.
This is a light value-add rental opportunity in an area with strong market-rate and Section 8 rental demand. The two vacant homes are in good condition and could likely be rented with little to no work needed, while the two occupied homes are below market rent and offer future upside through light make-readies and rent growth as leases allow. Excellent opportunity for a first-time investor or seasoned operator looking to add a manageable rental portfolio in the area. Property to be sold along with: 258 Becker Dr - MLS# 26036458 , 2823 Meadowlark Ave - MLS# 26036063 and 1277 Admiral Dr - MLS# 26036113...
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Home facts
- Year built:1941
- Subdivision & Development:Hills At Gateway Add
- Listing ID #:26036203
- Added:51 day(s) ago
- Updated:July 31, 2026 at 03:33 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:5
- Basement:Yes
- Basement Description:Full
- Living area:1,144 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Roof:Pitched/Sloped
- Year built:1941
- Building area:1,144 sq. ft.
- Lot area:0.16 Acres
- Architectural Style:Traditional
- Construction Materials:Brick
- Levels:1 Story
Schools
- High school:Vashon High
- Middle school:Yeatman-Liddell Middle School
- Elementary school:Earl Nance Sr. Elem.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$69,900
- Price per sq. ft.:$61.1
- Tax amount:$498 (2025)
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