Buy and Hold in the Saint Louis Market

Buy and Hold in the Saint Louis Market

Denise JohnsonPro Member
Portland, OR · Member since 2016 · 13 posts · 3 votes

Looking for some insight from investors in the Saint Louis Mo market.  Actively looking for 2-4 unit properties in the Saint Louis MO in and around the 63118 zip code area. Hoping to get $150.00 per door.  Is this a realistic expectation?  What are you seeing in the market?

Thanks for sharing your insight.

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Investor · Saint Louis, MO · Member since 2014 · 113 posts · 43 votes
6y

Yes, that is very realistic.  You can probably do better than that.  I'm an agent who lives in 63104, but 63118 is my main area.  I manage a few there too.  I can help you find something if you like.  I don't think BP will allow me to leave my contact info here, but you can message me to get started.  

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  • Denise JohnsonPro Member
    OP
    Portland, OR · Member since 2016 · 13 posts · 3 votes
    6y

    @Ryan Sublett. Hi Ryan. Thanks for reaching out. When is a good time and way to connect?

  • Investor · Saint Louis, MO · Member since 2014 · 113 posts · 43 votes
    6y

    Yes, that is very realistic.  You can probably do better than that.  I'm an agent who lives in 63104, but 63118 is my main area.  I manage a few there too.  I can help you find something if you like.  I don't think BP will allow me to leave my contact info here, but you can message me to get started.  

  • Real Estate Consultant · Glendora, CA · Member since 2019 · 314 posts · 95 votes
    5y

    @Account Closed You mentioned that you live in 63104, how's the area? Reason I ask, I'm thinking of potentially purchasing an investment property. The forums I've read here on BiggerPockets, mention avoiding the DT area due to crime. What are your thoughts of the market in the zip codes you mentioned?

    Best,

  • Investor · Saint Louis, MO · Member since 2014 · 113 posts · 43 votes
    5y

    63104 is a very nice area. It's not downtown. It's "South City." 63104 is kind of expensive and you can find deals if you're willing to pay for them, but most of the better ROI will be further south in 63118 and 63111. North of downtown is higher crime and cheaper prices. North of Delmar actually.

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