1109-1111 Claytonia TER Richmond Heights, MO 63117
1,976 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 1,976 sqft
Price per Sqft $197
Subdivision Westmoor Park
MLS Listing ID 26037442
Style Other,Traditional
Year Built 1935
Annual Tax Amount $4,956
Lot Size 5,440 Sqft
Acres 0.1249
Property Sub-Type 2-4 Units
Property Description
Both units are currently rented at $1,275/month, below market for the area, where comparable units on this street are commanding closer to $1,400 to $1,500. That gap represents built-in upside for a new owner, whether through gradual rent increases at renewal or modest cosmetic refreshes between tenants.
One unit is on a month-to-month lease, giving an owner-occupant buyer the flexibility to move in while the second unit, leased through April 2027, continues to provide stable, predictable income to help offset the mortgage. For a pure investor, both units combine for solid cash flow today with a clear runway to grow rents over time.
Located minutes from Washington University, SSM Health St. Mary's Hospital, and the shops and restaurants of the Hill and Maplewood, this is a property with strong, consistent rental demand. Whether you're adding to a portfolio or looking to live for less while building equity, Claytonia Terrace is worth a serious look.
Location
State MO
County St. Louis
Area 241 - Maplewood-Rchmnd Hts
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Electric
Fireplace N
Exterior
Parking Features false
View Y/N No
Building
Lot Description Back Yard, Level
Water Public
Structure Type Brick
Schools
Elementary Schools Mrh Elementary
Middle Schools Mrh Middle
High Schools Maplewood-Richmond Hgts. High
School District Maplewood-Richmond Heights
Others
Ownership Private
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Real Estate Advisor | License ID: 2018033612
+1(314) 479-7015 | cara@caraturekrealtor.com