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245 Grampian Road, 
St Louis, MO 63137

$104,900


3

Beds


1

Bath


873

Sq Ft


Single Family

Pending

Listed by

Matt Guignon

Joey Schenck

Invest St. Louis

Last updated:

May 15, 2026, 07:55 AM

MLS#

26020129

Source:

MO MARIS

About This Home

245 Grampian Road

245 Grampian Rd in 63137 is a great opportunity for an investor or owner occupant alike. The property is currently vacant and rent ready, with market rent projected around $1,250 per month. Located in a high demand rental area, this home should be easy to lease and offers strong flexibility for either immediate occupancy or income production. 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.

Home Facts

Single Family

1 Bath

3 Bedrooms

Built in 1954

Price Summary

104,900

$120 per Sq. Ft.

MLS #:

26020129

Last Updated:

May 15, 2026, 07:55 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

873 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch, Traditional

Building Area:

873 Sq. Ft.

Year Built:

1954


Lot

Lot Size (Sq. Ft):

8,411


Finances & Disclosures

Finances

Price:

$104,900

Price per Sq. Ft:

$120 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.