$99,900

400 Macdougall Drive, Unincorporated, MO 63137

3 beds |
1 bath |
854 sqft

Single-Family Home
Built in 1953
9,091sqft lot
—— car garage
$117/sqft
Listed 3 days ago

Property Description

Tenant-occupied investment opportunity in unincorporated North St. Louis County. This 3-bedroom, 1-bath single-family home offers immediate rental income with built-in flexibility for future repositioning, making it an attractive option for buy-and-hold or DSCR-financed investors. The property is currently tenant-occupied on a month-to-month lease, allowing a new owner to maintain cash flow, adjust rents to market, renew on longer terms, or reposition the asset based on investment strategy. Documented rental history supports stable performance and positions the property as a strong candidate for DSCR (Debt Service Coverage Ratio) financing, qualifying based on property cash flow rather than personal income. Seller is offering a 6% seller-paid closing cost credit with an acceptable full-price offer, providing buyers flexibility to offset acquisition costs, strengthen DSCR ratios, or allocate funds toward reserves and future maintenance. The home features a functional layout with solid rental appeal in an established neighborhood with convenient access to major highways, employment centers, shopping, and schools—key drivers of long-term tenant demand. The property is being sold AS-IS. Seller will make no repairs and will not provide inspections. DO NOT DISTURB TENANT. Showings subject to accepted contract and proper notice. Please respect tenant privacy. This is a clean, investor-focused transaction with transparent terms and strong income fundamentals.

Listing Status:: Active
Date Added:: February 14, 2026
Data Last Updated:: February 17, 2026 at 8:17PM
Listing Office:: Expert Realty LLC : 636-329-4100
MLS ID:: 26008334

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

Style: Ranch

General: Vinyl SidingOne

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

Zoning: 11E-64-1482

Utilities: Ameren
Water: Public
Sewer: Public Sewer

Source: maris2

This listing courtesy of Expert Realty LLC

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Glasgow Elementary School

10560 Renfrew Dr, Saint Louis, MO, 63137

Grades KG-5

0.18 miles away

Central Middle School

9800 Patricia Barkalow Dr, Saint Louis, MO, 63137

Grades 6-8

2.02 miles away

Riverview Gardens High School

1218 Shepley Dr, Saint Louis, MO, 63137

Grades 9-12

0.52 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.