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400 S Clark Avenue, Ferguson, MO, 63135

This home is part of a 16-home rental portfolio in North St. Louis County with an average rent of about $1,732 per home. The package gives an investor the chance to add immediate scale with a well-established tenant base. Offered at $1,799,000, or about $112,438 per home, the portfolio generates $27,717 in monthly rent and approximately $332,604 annually. Based on the current pro forma, estimated annual net rental income is $197,097, resulting in an estimated 10.96% cap rate at the asking price. Fifteen of the 16 homes are currently leased, and the remaining property is expected to have a Section 8 tenant in place by closing. Twelve of the homes have or are expected to have Section 8 leases, with the other four rented at market rates. The tenant history is especially strong, with an average tenure of approximately six years and three tenants who have lived in their homes for more than 10 years. The seller has also taken some of the guesswork out of evaluating the portfolio. Professional pre-listing inspections were completed on 15 of the 16 homes, giving buyers detailed information about the condition of the properties before making an offer. Some of the homes have older roofs and mechanical systems, and the asking price reflects that future capital expense. The portfolio is being sold as-is, with no seller repairs or credits. For an investor looking to grow an existing St. Louis rental operation, this is an opportunity to acquire 16 homes at once with nearly full occupancy, long-term tenants, substantial Section 8 income and a great return from day one without having to assemble the portfolio one property at a time. Please view the virtual tour of this property at: https://my.360tourlink.com/70f1e6d7-d752-4897- 8607-56304418588b?type=unbranded Please see the documents section for a brochure with complete details on the package.

Subdivision: Randolph Place

List Price

$ 112,438

Status

Pending

Days on market

0

MLS#

26052525

Bedrooms

3

Full baths

2

Sq. Ft. Above

1,736

Subdivision

Randolph Place

Municipality

Ferguson

School District

Ferguson-Florissant R-II

County

St Louis

Property Type

Residential

Style

Traditional

Type

Residential

Additional Information

Property Tax (2025)

$1,929

Recent Nearby Sales in 63135

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
1377 Heydt Avenue, Dellwood, MO 63135 2/1 988 $115,000 $119,500
103.9% of ask
Sep 17, 2026
813 Hentschel Place, Ferguson, MO 63135 5/4 1,725 $200,000 $200,000
100% of ask
Sep 16, 2026
15 N Harvey Avenue, Ferguson, MO 63135 2/2 750 $59,900 $45,000
75.1% of ask
Sep 11, 2026
105 Anabel Avenue, Ferguson, MO 63135 3/1 720 $114,900 $118,000
102.7% of ask
Sep 10, 2026
415 Millman Drive, Ferguson, MO 63135 3/1 906 $94,900 $90,000
94.8% of ask
Sep 10, 2026
38 Fenwick Drive, Ferguson, MO 63135 3/1 960 $1,395 $1,395
100% of ask
Sep 9, 2026

Price & Listing History

Listed for sale
Aug 14, 2026 at $112,438
Current status: Pending
As of Aug 20, 2026 · $112,438

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