Commercial & Investment Real Estate Specialists
17 Godfrey Lane
Ferguson, MO, 63135
$1,349,000
Beds
2 Baths
1,232 SqFt
0.14 Acres
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MLS #MIS26041358 image #0
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:
Active
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
Ranch63 – Mccluer63mccluerGodfrey Place AmdFerguson-florissant R-iiGriffith Elem.Ferguson MiddleMccluer HighTenant Occupied

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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

Market Summary

Current real estate data for Multi Family in Ferguson as of Jul 14, 2026
3
Multi Family Listed
12
Avg DOM
895
Avg $ / SqFt
$919,333
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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