$59,900
●
House -
For Sale
8328 Strathmore Place
St Louis, MO 63136
1 Bed
1 Bath,
1
Half Bath
750 Ft²
$295
Est. Monthly
About This Property
Welcome to your next investment opportunity! This 1 bed 1.5 bath
Jennings is leased at $1,000/month with subsidized rent secured
through April 2027, offering immediate income. Renovated in
September 2025, much of the heavy lifting has already been done
including fresh interior paint, durable LVP flooring throughout, a
new bathtub, and three new A/C window units. Downstairs, the
partially finished walkout basement with a half bath brings even
more possibilities, offering potential for additional finished
living space or a possible additional bedroom. This is a perfect
addition to your investment portfolio. Inquire today!
Unit Size
750 Ft²
Days on Market
71 days
Land Size
-
Price per sqft
$80
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1925
Listed By
Mike Galbally
Real Broker LLC
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 14 days ago (MARIS #MIS26051947)
Price History
Property Highlights
Parking Available
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Range Hood, Refrigerator
Laundry Features: In Basement
Rooms: 3
Basement: Walk-Up Access, 8 ft + Pour
Exterior Details
Square Footage: 750
Square Footage Source: $0
Architectural Style: Bungalow, Ranch
Year Built Source: Public Records
Year Built: 1925
Levels: One
Construction Materials: Brick
Lot Features: Level
Lot Size Dimensions: IRR
Water Source: Public
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Forced Air
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Jennings
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Listed by: Mike Galbally
Listed Office: Real Broker LLC - Listing courtesy of MARIS
Phone: 573-520-3099
Last Updated: 2026-10-24 15:01:17
Last Checked: 14 days
Data Source: MARIS, MLS# MIS26051947
Details provided by MARIS as Distributed by MLS Grid and may not match the public record.
Listed Office: Real Broker LLC - Listing courtesy of MARIS
Phone: 573-520-3099
Last Updated: 2026-10-24 15:01:17
Last Checked: 14 days
Data Source: MARIS, MLS# MIS26051947
Based on information submitted to the MLS GRID as of Nov 06 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS Grid.
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