Properties

Residential Income For Sale

924 Pendleton Avenue, St Louis, Missouri 63108

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Property Description

Welcome to this three-unit building located just two blocks from Delmar in the historic Vandeventer neighborhood. This property is primed to start generating income right away. The upstairs unit features four spacious bedrooms and is nearly rent-ready. On the main floor are two additional units that could easily be combined into another four-bedroom apartment. One unit is nearly complete as a one-bedroom, while the other still needs a full buildout and could also become a one-bedroom. Each unit is separately metered and equipped with newer HVAC systems—the bottom unit just needs A/C. The basement houses updated electric panels and water heaters. HUD currently pays up to $2,570 for a four-bedroom unit in this area, meaning you could generate over $5,000/month once the lower units match the upstairs configuration. While some finishing work is needed, the property offers strong cash-flow potential. Don’t miss this opportunity to own a partially rent-ready investment property just steps from Delmar. Vacant lot next door can be included, not currently listed. Offers will be reviewed as received—bring your highest and best. Priced to move quickly, seller seeks a fast, as-is sale.

Basic Details
Property Type : Residential Income
Listing ID : 25039145
Price : $119,900
Year Built : 1900
Lot Area : 0.08 Acre
Status : Active
Property Sub Type : 2-4 Units
Roof : Flat
Features
Heating System : Forced Air
Cooling System : Central Air, Electric, Wall/Window Unit(s)
Basement : Full, Unfinished, Storage Space, Interior Entry
Parking : Off Street, Parking Pad
SchoolDistrict : St. Louis City
Taxes Paid : $0
Architectural Style : Low/1-2
Address Map
Directions : GPS friendly
Mls Area Major : 4 - Central West
Neighborhood
Elementary School : Pamoja Prep / Cole
High School : Sumner High
High School District : St. Louis City
Middle School : Pamoja Prep / Cole
Additional Information
Electric : Ameren
Number Of Units Total : 3
On Market Date : 2025-06-06
Water Source : Public
Construction Materials : Brick
Financial
Tax Annual Amount : 312.61
Listing Information
List Agent Mls Id : ESCHULTZ
List Office Mls Id : TWRG01
Listing Term : Cash,Conventional,Private
Mls Status : Active
Modification Timestamp : 2025-06-06T18:20:38Z
Originating System Name : MARIS
Special Listing Conditions : Standard
Status Change Timestamp : 2025-06-06T18:06:44Z
Residential Income
  • Listing ID : 25039145
  • Lot Area : 0.08 Acre
$119,900
Agent info
1 Degree Realty
8930 Gravois Road
Contact Agent