Listed By:
Invest St. Louis
Address
245 Grampian Road, St Louis, MO
Price
$ 94,900
Property Attributes
  • MLS#26020129
  • TypeSingle Family
  • Listing Status Active
  • CountySAINT LOUIS
  • CitySt Louis
  • AreaRiverview Gardens
  • NeighborhoodGlasgow Village Unit 9
  • Zip63137
  • StyleRanch,Traditional
  • Year Built1954
  • Taxes$ 1228
  • Price$ 94,900
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage873
  • Lot Size0.1931 Acres
Data Source:
Mid America Regional Information Systems (MARIS)
Property Description

245 Grampian Rd in 63137 is a great opportunity for an investor or owner occupant alike. The property is currently vacant and rent ready, with market rent projected around $1,250 per month. Located in a high demand rental area, this home should be easy to lease and offers strong flexibility for either immediate occupancy or income production. This property is part of an 8 home single family rental portfolio, and the seller would prefer to sell the portfolio together or in groups, though each home is also being offered individually. The portfolio is made up entirely of 3 bedroom houses, including six 3 bed 1 bath homes, one 3 bed 1.5 bath home, and one 3 bed 2 bath home. 6/8 houses currently occupied, with current rents totaling $8,140 per month. Once the two vacant units are leased, scheduled rents are projected to reach $10,640 per month. There is also additional upside as units turn, with pro forma rents projected to exceed $11,000 per month. Ownership and management have been hands on and proactive during their time operating the portfolio, with a focus on maintaining safe, solid housing and keeping the properties in good condition making this portfolio a true turnkey investment. Most of the tenants are Section 8, with one market rate tenant currently in place, providing stable income in a strong rental area. The properties are also located near one another, which helps from both a management and operational standpoint. This is a great opportunity for an investor looking to add quality rental doors to an existing portfolio, or for someone looking to get started with a well positioned group of income producing properties.

Elementary School Middle School High School
Highland Elem. R. G. Central Middle Riverview Gardens Sr. High
Price History
4/14/2026 Listed $104,900
7/29/2026 10$94,900

General Features

Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Architectural Style Ranch,Traditional
Construction Materials Aluminum Siding,Vinyl Siding
Year Built 1954
Electric Ameren
Township Unincorporated
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County St. Louis
New Construction No
Property Type Residential
HOA No
Subdivision Name Glasgow Village Unit 9
Garage Y/N No
Total Rooms 5
Full Baths 1
Status Active
High School Riverview Gardens Sr. High
City St Louis
Disclosures Lead Paint
High School District Riverview Gardens
MLS Area 31 - Riverview Gardens
Lot Size Square Feet 8411.44
Carport Y/N No
Elementary School Highland Elem.
Tax Annual Amount 1228
Home Warranty Y/N No
Middle/Junior High School R. G. Central Middle
Standard Status Active

Interior Features

Basement Full
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 873
Total Bedrooms 3
Main Level Bedrooms 3
LivingAreaSource Estimated
Above Grade Finished Area Source Estimated
Total Baths 1

Exterior Features

Lot Features Other
Water Source Public
Lot Size Acres 0.1931

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 63137

Price
AVG $90K
$90K
Taxes
AVG $1,577
$1,228
Year Built
AVG 1951
1954
Visits
AVG 71
218
Data Provided by Inside Real Estate®

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