
- Price
- $98,000
- Beds
- 2
- Baths
- 1.5
- Interior
- 950 sq ft
- Per sq ft
- $103
- Built
- 1953
Listing courtesy of Coldwell Banker Realty - Gundaker·Listed by Pamela Viehmann·MLS® 26045006·Last updated Aug 5, 2026
About this property
**Investor opportunity on Melba Ave, St.
Louis! This tenant-occupied home generates $965 per month ($11,580 annually), providing immediate rental income from day one. After property taxes and a 10% property-management fee, the property is projected to deliver an approximately 9% net ROI. A solid, income-producing addition to any rental portfolio. ** This home is a 2 bd and 1.5 bath property currently being rented at $965 per month. Please reach out to Co Listing Agent with any questions to take advantage of an income producing property to add to your portfolio. Agents, please allow 12 hours advance notice so the tenants can be contacted and a time agreed to for showings.
Details
- Bedrooms
- 2
- Bathrooms
- 1.5 (1 full, 1 half)
- Interior area
- 950 sq ft
- Price per sq ft
- $103
- Type
- House
- Parking spaces
- 1
- Year built
- 1953
- MLS® number
- 26045006
- Listing type
- Sale
- Listed
- Aug 5, 2026
- Days on market
- 97
- Last updated
- Aug 5, 2026
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