Price Reduction
Address
533 Banavie Drive, St Louis, MO
Price
$ 79,900
Property Attributes
- MLS#26020341
- TypeSingle Family
- Listing Status Active
- CountySAINT LOUIS
- CitySt Louis
- AreaRiverview Gardens
- NeighborhoodGlasgow Village Unit 15
- Zip63137
- StyleRanch,Traditional
- Year Built1958
- Taxes$ 1736
- Price$ 79,900
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage932
- Lot Size0.186 Acres
Data Source:
Mid America Regional Information Systems (MARIS)
Property Description
533 Banavie in 63137 is a solid turnkey rental opportunity for any new or experienced investor. The property is currently occupied by a Section 8 tenant paying $1,200 per month, with the lease in place through 8/1/26. This property is part of an 8 home single family rental portfolio, and the seller would prefer to sell the portfolio together or in groups, though each home is also being offered individually. The portfolio is made up entirely of 3 bedroom houses, including six 3 bed 1 bath homes, one 3 bed 1.5 bath home, and one 3 bed 2 bath home. 6/8 houses currently occupied, with current rents totaling $8,140 per month. Once the two vacant units are leased, scheduled rents are projected to reach $10,640 per month. There is also additional upside as units turn, with pro forma rents projected to exceed $11,000 per month. Ownership and management have been hands on and proactive during their time operating the portfolio, with a focus on maintaining safe, solid housing and keeping the properties in good condition making this portfolio a true turnkey investment. Most of the tenants are Section 8, with one market rate tenant currently in place, providing stable income in a strong rental area. The properties are also located near one another, which helps from both a management and operational standpoint. This is a great opportunity for an investor looking to add quality rental doors to an existing portfolio, or for someone looking to get started with a well positioned group of income producing properties.
| Elementary School | Middle School | High School |
|---|---|---|
| Glasgow Elem. | R. G. Central Middle | Riverview Gardens Sr. High |
| Price History | |
|---|---|
| 4/14/2026 | Listed $104,900 |
| 7/29/2026 | 5$99,900 |
| 9/21/2026 | 21$79,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air,Natural Gas |
| Cooling | Central Air |
| Architectural Style | Ranch,Traditional |
| Construction Materials | Frame,Vinyl Siding |
| Year Built | 1958 |
| Electric | Ameren |
| Township | Unincorporated |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| County | St. Louis |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Glasgow Village Unit 15 |
| Garage Y/N | No |
| Total Rooms | 6 |
| Full Baths | 1 |
| Status | Active |
| High School | Riverview Gardens Sr. High |
| City | St Louis |
| Disclosures | Lead Paint |
| High School District | Riverview Gardens |
| MLS Area | 31 - Riverview Gardens |
| Lot Size Square Feet | 8102.16 |
| Carport Y/N | No |
| Elementary School | Glasgow Elem. |
| Tax Annual Amount | 1736 |
| Home Warranty Y/N | No |
| Middle/Junior High School | R. G. Central Middle |
| Standard Status | Active |
Interior Features
| Basement | Full |
|---|---|
| Basement (Y/N) | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 932 |
| Total Bedrooms | 3 |
| Main Level Bedrooms | 3 |
| LivingAreaSource | Estimated |
| Above Grade Finished Area Source | Estimated |
| Total Baths | 1 |
Exterior Features
| Water Source | Public |
|---|---|
| Lot Size Acres | 0.186 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 63137
Price
Taxes
Year Built
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