Rare opportunity to acquire a 12-home single-family rental portfolio offered as one package in the St. Louis market. Located throughout Spanish Lake, Ferguson, and Unincorporated North St. Louis County, the properties are positioned within close proximity for efficient management and maintenance. The portfolio features a desirable unit mix of all 3- and 4-bedroom homes, creating strong tenant demand from both Section 8 voucher holders and market-rate renters. Professionally managed and largely renovated/rent-ready, the portfolio offers a strong mix of in-place income with immediate lease-up upside. Current gross rental income is approximately $11,519/month, with four vacant homes fully rent-ready and actively being leased. Seller anticipates at least two additional homes leased prior to closing, increasing in-place income to approximately $14,100/month. Fully stabilized pro-forma gross rental income is projected at approximately $16,700/month, with estimated annual operating expenses of approximately $53,000 and projected stabilized NOI of approximately $147,000/year. At the $1,350,000 asking price, the portfolio offers a projected stabilized cap rate approaching 10.9%. An excellent opportunity for investors seeking immediate scale, efficient scattered-site operations, dependable rental demand, and value-add upside through lease-up of rent-ready homes.
Property Details
Price:
$1,349,000
MLS #:
MIS26041358
Status:
Pending
Beds:
0
Baths:
2
Type:
Multi Family
Subtype:
5 Family or More
Subdivision:
Godfrey Place Amd
Neighborhood:
63mccluer
Listed Date:
Jul 3, 2026
Finished Sq Ft:
1,232
Lot Size:
6,138 sqft / 0.14 acres (approx)
Year Built:
1954
See this Listing
Schools
School District:
Ferguson-Florissant R-II
Elementary School:
Griffith Elem.
Middle School:
Ferguson Middle
High School:
Mccluer High
Interior
Above Grade Finished Area
1232
Cooling
Central Air
Heating
Forced Air
Exterior
Architectural Style
Ranch
Construction Materials
Vinyl Siding
Financial
Tax Year
2025
Taxes
$1,578
Map
Community
- Address17 Godfrey Lane Ferguson MO
- SubdivisionGodfrey Place Amd
- CityFerguson
- CountySt. Louis
- Zip Code63135
Subdivisions in Ferguson
- Ashland
- Black Oaks 2
- Chambers Forest
- Colonial Forest
- Darst Place
- Ferguson Acres
- Ferguson Home Site
- Ferguson Park
- Florissant Road Terrace
- Forestwood 3
- Forestwood 5
- Forestwood 7
- Harveys Spring Park Add To Ferguson
- Hereford Estate
- Hudson Hill 1
- Huttons 2nd Sub
- Jane Chambers At Ferguson
- Newell Place Add
- North Hill Homesites
- Northland Hills
- Northland Hills 04 02
- Northland Hills 2
- Northwood Park
- Norwood Manor 2
- Patricia Park
- Pembroke
- Plantmore
- Plaza Heights
- Princess Elizabeth Park
- Randolph Place
- Riedlinger
- Rolwes
- Shields & Ashby Add To Ferguson
- St Catherine Meadows
- Subd Of Lt 18 Of Lixdale 2
- Sutton Park
- Tiffin 2nd Sub
- Truitt Place
- Twin-Lake Sub
- Universal Pk
- Winona
Market Summary
Current real estate data for Multi Family in Ferguson as of Nov 02, 2026
3
Multi Family Listed
108
Avg DOM
966
Avg $ / SqFt
$3,299,333
Avg List Price
Property Summary
- Located in the Godfrey Place Amd subdivision, 17 Godfrey Lane Ferguson MO is a Multi Family for sale in Ferguson, MO, 63135. It is listed for $1,349,000 To schedule a showing of MLS#mis26041358 at 17 Godfrey Lane in Ferguson, MO, contact your Realty Exchange agent at (314) 647-2220.
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Copyright 2026. All rights reserved.
17 Godfrey Lane
Ferguson, MO

