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Michael Simon
REALTOR®
(314) 757-9700
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147 Monteith Circle, Saint Louis, MO 63137

$134,550
  • 147 Monteith Circle, Saint Louis, MO 63137 Main Photo

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Pending
BEDS0 BATHS SQUARE FEET909 MLS#25071722
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGlasgow Village Unit 12 SCHOOLRiverview Gardens

Property Description

Hurt people, hurt homes. Each of the five homes in this package have been abused, abandoned, and are now waiting for someone with vision to bring them back to life. Are you a visionary investor ready to embrace the challenge and reap the rewards of transforming these neglected properties? Many possibilities exist: 1) Buy, clean them up, and flip them to an end investor willing to perform a full renovation. 2) Buy, perform rental-grade rehabs, and add them to your own portfolio for positive cash flow. 3) Or complete quality rehabs and sell to first-time home buyers eager for affordable, move-in ready homes in a market with limited inventory. All five homes are located within a two-mile radius of each other, making it incredibly efficient to manage crews, materials, and progress. Whether you self-perform work or use subcontractors, you'll appreciate how much time and money this proximity saves. Imagine your contractors being able to move from one property to the next in minutes-no wasted travel time, no logistical headaches. This cluster investment model is ideal for experienced investors looking to scale operations, establish consistent project flow, and boost ROI through shared labor, materials, and overhead. Newer investors looking to enter the St. Louis market can also benefit from acquiring multiple properties at once, building instant portfolio depth and leverage. Other investor advantages include: 1) Ability to stagger renovations and resales for steady cash flow; 2) Option to refinance or package the properties as a performing rental portfolio; 3) Increased control over neighborhood value through improvements; 4) Streamlined management and maintenance with centralized locations. With a bit of TLC and imagination, you can turn these dilapidated dwellings into happy, habitable homes-ready to serve their purpose once again. Investor bonus: properties in this area have seen an uptick in rental demand as affordable housing options continue to shrink. Rents in comparable neighborhoods are rising steadily, providing an opportunity for strong returns once renovations are complete. With the right strategy, you could rehab and rent several units, then refinance to pull equity and reinvest in your next project-all while maintaining ownership of appreciating assets.Each property offers its own unique potential-some better suited for a medium rehab and fast turnaround, others calling for a deeper renovation that will yield higher long-term value. The diversity within this package allows investors to balance short-term gains with long-term appreciation. Bulk deals like this are rare, especially ones that offer immediate upside with such low acquisition costs. Whether your strategy is buy-and-hold, fix-and-flip, or value-add rental creation, this portfolio delivers multiple exit strategies under one umbrella. If you've been looking for an opportunity to expand your footprint, lower per-unit costs, and increase your overall yield, this is it.

147 Monteith Circle | MLS# 25071722

This multi-family property located at 147 Monteith Circle, Saint Louis, MO 63137 is currently listed for sale with an asking price of $134,550. Monteith Circle is located within the Riverview Gardens school district. Search Saint Louis real estate on www.simonsellsstl.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Central Air, Electric
Heating: Natural Gas, Forced Air
Home Style: Bungalow, Traditional
Lot Size: 0.18 Acres
Taxes: $873
Year Built: 1954

Amenities

Dining/Living Room Combo

Feature Descriptions

Appliances: None
Days on Site: 130
Exterior: Vinyl Siding
Fireplace: None
HOA Fee: 0/ None
Laundry: In Basement
Lot: Level
Parcel#: 10D-23-0363
Parking: Off Street
Parking Notes: Off Street
SQFT. Above Grade: 909
Units: 1
Water: Public

Local Schools

High School: Riverview Gardens Sr. High
Middle School: R. G. Central Middle
Elementary School: Highland Elem.
School District: Riverview Gardens

Listed By / Shown By

Listed By

Agency Name: Elevate Realty, LLC

Shown By

Agent Name: Michael Simon
Agent Phone: (314) 757-9700
Agency Title: RedKey Realty Leaders

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Estimate Your Payment

Estimated Payment

$ 845.04 per month $733.05 Principal & Interest $72.75 Property Tax $39.24 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)

David Ames, Sales Manager, NMLS #738479

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 12:00:32 AM EST) or MARIS MLS (last updated Mon 03/02/2026 11:51:23 PM EST). Real estate listings held by brokerage firms other than RedKey Realty Leaders may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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