Lease-Purchase Opportunity 1 Bed, 1 Bath Home (Lemay)
Looking for a cozy home you can make your own while working toward ownership?
This 1 bedroom, 1 bathroom single-family house is available on lease purchase, giving you time to settle in and prepare to buy while already living in the home.
Highlights
Private, single-family home (no shared walls)
1 comfortable bedroom + 1 full bathroom
Nice kitchen + living area layout
Mudroom by back door
Yard space and front porch you can enjoy and personalize
Washer/dryer hookups
Affordable monthly payments
Path to ownership not a rental only
Who this is perfect for
Someone who wants a stable home, is ready to move forward with buying, and likes the idea of building toward ownership without needing to qualify with a bank right away.
Basic Requirements
Steady household income of $2925/month or more (before taxes)
Commitment to becoming a homeowner
No felonies in past 15 years
No past evictions in past 10 years
Must be able to make payments electronically
Lease-Purchase Program
Total purchase price: $89,900
5% Option fee of $4,495 (required AT or BEFORE move-in)
Monthly payments of $975
Get your own loan and purchase the house within 12-24 months
**Some photos are virtually staged. Home does not come furnished.
**Washer / dryer hookups in basement.
**Roof, a/c, furnace and water heater all 7 years old.
(Owner is a licensed real estate agent.)
Tenant is responsible for all utilities. No smoking allowed prior to purchase.
Sold
Price Unknown
113 E Velma Ave, Saint Louis, MO 63125
1beds
650sqft
Single Family Residence
Built in ----
-- sqft lot
$110,500 Zestimate®
$--/sqft
$984 Estimated rent
Home value
$110,500
$95,000 - $126,000
$984/mo
Zestimate® history
Owner options
List your home for rent
$984/mo
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$984/mo
Rent Zestimate®
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List your homeWhat's special
Zillow last checked:
Listing updated:
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Oven, WD Hookup
- Laundry: Hookups
Features
- WD Hookup
- Flooring: Hardwood
Interior area
- Total interior livable area: 650 sqft
Property
Parking
- Parking features: Off Street
- Details: Contact manager
Features
- Exterior features: Heating system: Forced Air, No Utilities included in rent
Details
- Parcel number: 27G140885
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Community
- Deposit fee: $0
- Application fee: $50
Location
- Region: Saint Louis
Financial & listing details
- Tax assessed value: $108,600
- Annual tax amount: $1,275
- Date on market: 11/19/2025
- Lease term: Rent to Own
Price history
| Date | Event | Price |
|---|---|---|
| 1/31/2026 | Listing removed | $975$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/1/2025 | Sold | -- |
Source: Public Record Report a problem | ||
| 11/20/2025 | Pending sale | $89,000-8.7%$137/sqft |
Source: Owner Report a problem | ||
| 11/19/2025 | Listed for rent | $975+39.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/3/2025 | Price change | $97,500-2.4%$150/sqft |
Source: | ||
| 9/26/2025 | Price change | $99,900+12.2%$154/sqft |
Source: | ||
| 9/11/2025 | Price change | $89,000-4.3%$137/sqft |
Source: Owner Report a problem | ||
| 9/9/2025 | Price change | $93,000-1.1%$143/sqft |
Source: Owner Report a problem | ||
| 8/30/2025 | Listed for sale | $94,000+10.6%$145/sqft |
Source: Owner Report a problem | ||
| 7/29/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/16/2025 | Pending sale | $85,000$131/sqft |
Source: Owner Report a problem | ||
| 7/5/2025 | Listed for sale | $85,000$131/sqft |
Source: Owner Report a problem | ||
| 1/12/2020 | Listing removed | $700$1/sqft |
Source: Northwest Properties LLC Report a problem | ||
| 12/21/2019 | Listed for rent | $700$1/sqft |
Source: Northwest Properties LLC Report a problem | ||
| 12/24/2018 | Listing removed | $700$1/sqft |
Source: Northwest Properties LLC Report a problem | ||
| 10/14/2018 | Listed for rent | $700$1/sqft |
Source: Northwest Properties LLC Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,275 +16.1% | $20,630 +47.6% |
| 2024 | $1,098 +5.2% | $13,980 -8.7% |
| 2023 | $1,043 +4.4% | $15,310 +26.3% |
| 2022 | $999 +1.7% | $12,120 |
| 2021 | $982 +16.6% | $12,120 +22.7% |
| 2020 | $841 +77.8% | $9,880 |
| 2019 | $473 | $9,880 +108.9% |
| 2018 | $473 | $4,730 |
| 2017 | $473 +1.7% | $4,730 +24.5% |
| 2016 | $465 +18.5% | $3,800 |
| 2015 | $393 | $3,800 |
| 2014 | $393 +5.5% | $3,800 |
| 2013 | $372 | $3,800 -26.2% |
| 2012 | -- | $5,150 |
| 2011 | -- | $5,150 -3.2% |
| 2010 | $411 +3.4% | $5,320 |
| 2009 | $397 -5.1% | $5,320 -5% |
| 2008 | $419 +17.9% | $5,600 |
| 2007 | $355 | $5,600 +23.3% |
| 2006 | $355 -0.6% | $4,540 |
| 2005 | $357 | $4,540 +51.3% |
| 2003 | -- | $3,000 +6% |
| 2002 | $245 -4% | $2,830 |
| 2001 | $255 | $2,830 |
Find assessor info on the county website
Neighborhood: 63125
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Nearby schools
GreatSchools rating
- 6/10Hancock Place Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 7/10Hancock Place Middle SchoolGrades: 6-8Distance: 0.5 mi
- 5/10Hancock Sr. High SchoolGrades: 9-12Distance: 0.4 mi
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Estimated market value
$110,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$110,500
- Missouri
- Saint Louis County
- Lemay
- 63125
- 113 E Velma Ave