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Property view

2449 S Old Highway 141, 
Fenton, MO 63026

$349,900

Last List Price

—

Bed


—

Bath


2,864

Sq Ft


Multi-Family

Sold

Listed by

Joey Schenck

, 

Matt Guignon

Bought with Rooted Real Estate & Auction Co.

Invest St. Louis

MLS#

26015703

Source:

MO MARIS

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About This Home

2449 S Old Highway 141

Excellent opportunity for a house hacker or investor to acquire a turnkey triplex in the highly desirable Fenton, Missouri area. Located at 2449 South Old Highway 141, this property offers exceptional convenience with quick access to Highway 141 and Highway 21 (Tesson Ferry), placing you near major highways, shopping, dining, and everyday amenities while still maintaining a quiet, private, rural feel. Multifamily opportunities in this area are extremely limited, making this a rare find. Situated on a spacious 0.81-acre lot, the property features three updated units, including a 3 bed/1 bath currently rented for $1,500 per month, a large 2 bed/1 bath unit that is vacant with pro forma rents of approximately $1,200 per month, and another 2 bed/1 bath unit currently rented for $900 per month. Whether you’re looking to owner-occupy or expand your portfolio, this property offers immediate income with additional upside. Located in unincorporated Jefferson County, the property benefits from lower taxes, no occupancy permits, and fewer regulations compared to surrounding areas. There is minimal deferred maintenance, along with major utility advantages including very cheap sewer bill (approximately $31 a month) and water is a low-cost well pump (approximately $21 per month in electricity) and lift system maintenance. With ample parking and strong cash flow potential from day one, this is a unique opportunity to live for less than rent or acquire a high-performing asset in a growing, supply-constrained market.

Home Facts

Multi-Family

Built in 1968

Subdivision & Development:

George Schmitt Estate

Price Summary

349,900

$122 per Sq. Ft.

MLS #:

26015703

Sold:

May 7, 2026


Rooms & Interior

Interior

Living Area:

2,864 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

2,864 Sq. Ft.

Year Built:

1968


Lot

Lot Size (Sq. Ft):

35,283


Finances & Disclosures

Finances

Price:

$349,900

Price per Sq. Ft:

$122 per Sq. Ft.

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