BEDS4
BATHS2 full
SQUARE FEET968
MLS#26067139
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONOakvale
SCHOOLRitenour
Property Description
Turnkey cash-flowing rental in Overland - tenant in place at $1,500/month on a lease through June 2027! At $150,000 that's a 1.0% rent-to-price ratio with immediate income from day one. 4 bed / 2 bath with approximately 1,500 sq ft, including a finished lower level with a bonus room. The capital expenses are already handled: whole-house renovation (2023), new roof (2025), new plumbing including underground lines (2024), new electrical panel, new AC and appliances (2023), new driveway (2025), plus sump pump and steel beams (2024) - a dry basement and minimal deferred maintenance for years to come. Strong DSCR profile with the lease in place to support underwriting. Ideal for buy-and-hold and DSCR investors looking for a stabilized asset in a proven rental market. Schedule your showing today!
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Egress Window, Finished, Sump Pump, Walk-Out Access
Cooling: Central Air
Heating: Forced Air
Home Style: Traditional
Lot Size: 0.22 Acres
Roof Type: Shingle
Taxes: $1,861
Year Built: 1946
Feature Descriptions
Exterior: Vinyl Siding
Lot: Back Yard
Parcel#: 15L-52-0169
Sewer: Public Sewer
SQFT. Above Grade: 968
Utilities: Electricity Connected, Natural Gas Connected
Water: Public
Local Schools
High School: Ritenour Sr. High
Middle School: Ritenour Middle
Elementary School: Marion Elem.
School District: Ritenour
Listed By / Shown By
Listed By
Agency Name: EXP Realty, LLC
Shown By
Agent Name: Michael Simon
Agent Phone: 314.757.9700
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 1,016.05 per month $817.22 Principal & Interest $155.08 Property Tax $43.75 Homeowner's InsuranceChange Payment Information
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2231 Wallis Avenue | MLS# 26067139
This single family home located at 2231 Wallis Avenue , Overland, MO 63114 is currently listed for sale with an asking price of $150,000. This property was built in 1946 and has 4 bedrooms and 2 full baths with 968 sq. ft. Wallis Avenue is located in the Oakvale subdivision within the Ritenour school district. Search Oakvale real estate on www.simonsellsstl.com today.