$94,900

1277 Admiral Drive, St Louis, MO 63137

2 beds |
1 bath |
946 sqft

Single-Family Home
Built in 1954
0.26acre lot
—— car garage
$100/sqft
Listed 16 days ago

Property Description

Investor opportunity! 1277 Admiral Drive is a single-family rental home currently leased for $1,100/month through 11/30/2026. The tenant has been in place for approximately five years and has a consistent on-time payment history. The home offers steady in-place income with potential upside over time. If the tenant were to move out, the property could benefit from light cosmetic updates, creating an opportunity to increase rents closer to market. Seller is acting as Power of Attorney for an inherited four-home portfolio and would prefer 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. An excellent opportunity for a first-time investor or a seasoned operator looking to add a manageable rental portfolio in the area. Property to be sold along with: 258 Becker Dr - MLS# 26036458 8838 Park Ln - MLS# 26036203 2823 Meadowlark Ave - MLS# 26036063

Listing Status:: Active
Date Added:: June 9, 2026
Data Last Updated:: June 26, 2026 at 7:16AM
Listing Office:: Invest St. Louis : 314-325-6201
MLS ID:: 26036113

Basement: Full
A/C: Central Air
Heating: Forced Air

Style: Traditional

General: BrickOne

Originating MLS: maris2
School District: Riverview Gardens
County: St. Louis

Zoning: 11F-31-0637

Utilities: Ameren
Water: Public
Sewer: Public Sewer

Source: maris2

This listing courtesy of Invest St. Louis

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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