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St Louis, MO 63121
$98,000
$103 / sq ft
2
Bedrooms
1.5
Bathrooms
950
Sq Ft Above Grade
0.124
Acres
**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.
Listed: July 15, 2026 (25 days on market)
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