BEDS2
BATHS1 full
SQUARE FEET768
MLS#26023828
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONWelsberg Terrace
SCHOOLNormandy
Property Description
Turnkey single family rental with a long term tenant in place and a clean capital improvement history. Current rent is $1,000 per month with consistent on time payment history going into 2026. At an $85,000 purchase price, this property generates a 9.18% cap rate delivering stabilized returns from day one.This property has been actively managed and updated, making it a low maintenance addition to any portfolio.Recent capital improvements include a brand new roof installed December 2024, lead paint remediation completed July 2025, a new concrete landing and step, HVAC servicing, plumbing and appliance repairs, and bathroom tile work. The rotted deck has been removed, eliminating a future liability. The heavy lifting is done.An opportunity to acquire stabilized cash flow from day one with no vacancy risk, no rehab needed, and a long term occupant already in place. Ideal for the buy and hold investor looking to add a performing asset.
Property Features
Property Type: Residential - Single Family
Basement: Unfinished, Walk-Out Access
Basement: Yes
Cooling: Central Air
Heating: Forced Air
Home Style: Traditional
Lot Size: 0.13 Acres
Taxes: $1,068
Year Built: 1928
Feature Descriptions
Exterior: Vinyl Siding
Lot: Other
Parcel#: 14J-23-0733
Sewer: Public Sewer
SQFT. Above Grade: 768
Utilities: Electricity Available, Natural Gas Available, Natural Gas Connected
Water: Public
Local Schools
High School: Normandy High
Middle School: Normandy Middle
Elementary School: Bel-Nor Elem.
School District: Normandy
Listed By / Shown By
Listed By
Agency Name: Focus Realty Group, LLC
Shown By
Agent Name: Paul Sharp
Agent Phone: (314) 692-7200
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 576.88 per month $463.09 Principal & Interest $89.00 Property Tax $24.79 Homeowner's Insurance
3120 Maybelle Drive | MLS# 26023828
This single family home located at 3120 Maybelle Drive , Normandy, MO 63121 is currently listed for sale with an asking price of $85,000. This property was built in 1928 and has 2 bedrooms and 1 full baths with 768 sq. ft. Maybelle Drive is located in the Welsberg Terrace subdivision within the Normandy school district. Search Welsberg Terrace real estate on paulsharp.redkeystlouis.com today.