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  • Listing Provided by: Elevate Realty, LLC
    Bought with: Top Real Estate Professionals, Inc.
    Price Unknown

    404 Lancashire Rd, Saint Louis, MO 63137

    4beds
    1,215sqft
    Single Family Residence
    Built in 1951
    6,629.83 Square Feet Lot
    $35,500 Zestimate®
    $--/sqft
    $1,499 Estimated rent

    Home value

    $35,500

    $33,000 - $38,000

    $1,499/mo

    Zestimate® history
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    What's special

    Hurt people, hurt homes. Each of the five homes in this package have been abused, abandoned, and are now waiting for someone with vision to bring them back to life. Are you a visionary investor ready to embrace the challenge and reap the rewards of transforming these neglected properties? Many possibilities exist: 1) Buy, clean them up, and flip them to an end investor willing to perform a full renovation. 2) Buy, perform rental-grade rehabs, and add them to your own portfolio for positive cash flow. 3) Or complete quality rehabs and sell to first-time home buyers eager for affordable, move-in ready homes in a market with limited inventory. All five homes are located within a two-mile radius of each other, making it incredibly efficient to manage crews, materials, and progress. Whether you self-perform work or use subcontractors, you’ll appreciate how much time and money this proximity saves. Imagine your contractors being able to move from one property to the next in minutes—no wasted travel time, no logistical headaches. This cluster investment model is ideal for experienced investors looking to scale operations, establish consistent project flow, and boost ROI through shared labor, materials, and overhead. Newer investors looking to enter the St. Louis market can also benefit from acquiring multiple properties at once, building instant portfolio depth and leverage. Other investor advantages include: 1) Ability to stagger renovations and resales for steady cash flow; 2) Option to refinance or package the properties as a performing rental portfolio; 3) Increased control over neighborhood value through improvements; 4) Streamlined management and maintenance with centralized locations. With a bit of TLC and imagination, you can turn these dilapidated dwellings into happy, habitable homes—ready to serve their purpose once again. Investor bonus: properties in this area have seen an uptick in rental demand as affordable housing options continue to shrink. Rents in comparable neighborhoods are rising steadily, providing an opportunity for strong returns once renovations are complete. With the right strategy, you could rehab and rent several units, then refinance to pull equity and reinvest in your next project—all while maintaining ownership of appreciating assets. Each property offers its own unique potential—some better suited for a medium rehab and fast turnaround, others calling for a deeper renovation that will yield higher long-term value. The diversity within this package allows investors to balance short-term gains with long-term appreciation. Bulk deals like this are rare, especially ones that offer immediate upside with such low acquisition costs. Whether your strategy is buy-and-hold, fix-and-flip, or value-add rental creation, this portfolio delivers multiple exit strategies under one umbrella. If you’ve been looking for an opportunity to expand your footprint, lower per-unit costs, and increase your overall yield, this is it. Consult your chosen professionals, assess the scope of work, and turn this deal into dollars! Sold as is. Seller will not pay for or perform any inspections or repairs. Package deal of 4 SFR homes listed @ $112,140, reflecting a 10% discount off the individually priced listings. MLS #’s: 25070211, 25070208, 25070207, 25070206. Disclaimer: Information provided in the MLS is deemed reliable but not guaranteed. All buyers and their representatives are encouraged to verify all details, including property condition, features, and amenities, to satisfy themselves prior to purchase.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Tamika G Evans 314-384-2440,

    Elevate Realty, LLC

    Bought with:

    Bob Canaday, 1999031579

    Top Real Estate Professionals, Inc.

    Source: MARIS,MLS#: 25070208MLS LogoOriginating MLS: St. Louis Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 4
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: None
    Features
    • Basement: Concrete,Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,215
    • Total interior livable area: 1,215 sqft
    • Finished area above ground: 1,215

    Property

    Features
    • Levels: One
    Lot
    • Size: 6,629 sqft
    Details
    • Parcel number: 11E621781
    • Special conditions: Listing As Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow,Ranch
    • Property subtype: Single Family Residence
    Materials
    • Frame
    Condition
    • Fixer
    • New construction: No
    • Year built: 1951

    Utilities & green energy

    • Electric: Ameren
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Electricity Not Available, Natural Gas Connected, Natural Gas Not Available, Sewer Available, Sewer Connected, Water Connected, Water Not Available

    Community & neighborhood

    Location
    • Region: Saint Louis
    • Subdivision: Glasgow Village Unit 3

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash

    Price history

    DateEventPrice
    5/1/2026Sold--
    Source: MARIS #25070208 Report a problem
    4/10/2026Pending sale$39,900$33/sqft
    Source: MARIS #25070208 Report a problem
    3/31/2026Listed for sale$39,900$33/sqft
    Source: MARIS #25070208 Report a problem
    11/4/2025Pending sale$39,900$33/sqft
    Source: MARIS #25070208 Report a problem
    10/29/2025Listed for sale$39,900-6.1%$33/sqft
    Source: MARIS #25070208 Report a problem
    2/22/2009Listing removed$42,500$35/sqft
    Source: NRT StLouis #80071270 Report a problem
    1/31/2009Price change$42,500-10.5%$35/sqft
    Source: NRT StLouis #80071270 Report a problem
    1/2/2009Listed for sale$47,500$39/sqft
    Source: NRT StLouis #80071270 Report a problem
    6/20/2008Sold--
    Source: Public Record Report a problem
    7/21/2004Sold--
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,362 +9.5%$14,330 +20.6%
    2024$1,244 +1.4%$11,880
    2023$1,227 -3.5%$11,880 +23%
    2022$1,271 -2.8%$9,660
    2021$1,308 +32.6%$9,660 +15.3%
    2020$986 +20.7%$8,380
    2019$817 $8,380 +24.5%
    2018$817 $6,730
    2017$817 +4.1%$6,730 +2.9%
    2016$785 +1%$6,540
    2015$777 $6,540 -31.2%
    2014$777 -27.5%$9,500
    2013$1,073 $9,500 -19.4%
    2012-- $11,780
    2011-- $11,780 -1.8%
    2010$1,143 +8.2%$11,990
    2009$1,056 -9.9%$11,990 -7.1%
    2008$1,172 -0.5%$12,900
    2007$1,177 $12,900 +5.6%
    2006$1,177 +2.3%$12,220
    2005$1,151 +3.3%$12,220 +12.6%
    2003$1,115 +4%$10,850 -0.2%
    2002$1,071 +25%$10,870
    2001$857 $10,870

    Find assessor info on the county website

    Neighborhood: 63137

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Danforth Elem.
    • Middle: R. G. Central Middle
    • High: Riverview Gardens Sr. High

    Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.