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.
3 Beds
1 Bath
873 sq.ft
$0 per sq.ft
Ranch,Traditional
$ 74,900
Active
0
26020129
3
1
873
Glasgow Village Unit 9
Unincorporated
Riverview Gardens
St Louis
Residential
Ranch,Traditional
Residential
$1,228
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 262 Coburg Drive, Riverview, MO 63137 | 3/2 | 936 | $74,900 | $71,000 94.8% of ask |
Sep 18, 2026 |
| 1124 Bakewell Drive, Bellefontaine Neighbors, MO 63137 | 3/1 | 912 | $76,500 | $65,553 85.7% of ask |
Sep 17, 2026 |
| 1434 Comet Drive, Bellefontaine Neighbors, MO 63137 | 3/1 | 1,008 | $99,900 | $95,000 95.1% of ask |
Sep 14, 2026 |
| 425 Crawford Road, Unincorporated, MO 63137 | 3/1 | 844 | $39,900 | $39,900 100% of ask |
Sep 11, 2026 |
| 1329 Coburg Lands Drive, Bellefontaine Neighbors, MO 63137 | 3/2 | 1,571 | $135,000 | $110,000 81.5% of ask |
Sep 10, 2026 |
| 1408 Belgrove Drive, Bellefontaine Neighbors, MO 63137 | 0/0 | -- | $1 | $1 100% of ask |
Sep 10, 2026 |
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