Lender REO: 9 Property SFR Portfolio
Market Price
5569 Palm Street, St. Louis, MO 63120
9
Units
Details:
Highlights:
- 9 Single-Family Homes
- Consisting of two 2-bedroom homes, three 3-bedroom homes, & four 4-bedroom homes
- 4/9 Homes Currently Vacant
- Avg Square Footage: 1,657sf
- Avg Submarket Rents achieving between $1,250-$1,400 for 2-bedrooms, $1,550-$1,700 for 3-bedrooms, and $1,900-$2,100 for 4-bedrooms
Description:
Ri Marketplace Online Auction March 9th-11th, 2026
Register to bid on Marketplace:
https://rimarketplace.com/auction/2960/lender-reo-9-property-sfr-portfolio?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=multifamily_2960
RIMarketplace, in conjunction with Matthews Auction Services, is pleased to present a portfolio of 9 Single-Family Homes, situated in the St. Louis, MO MSA. This package offers a diverse mix of 2,3, & 4-bedroom homes, at a compelling cost basis, and prime for immediate value-add potential. Based on the St. Louis area’s average rents, this portfolio stands to generate over $16k in monthly rental income, post stabilization.
The St. Louis, MO economy is firmly rooted in the healthcare and education sectors, among others, resulting in a strong labor market and a positive outlook for rent growth. Each property included in this portfolio is conveniently located in proximity to downtown, St. Louis Lambert International Airport, a variety of hospitals and medical centers, and an abundance of retail & dining options.
Future ownership stands to benefit from the robust, local economy and the opportunity to acquire these assets at a heavily discounted value.
Richard Shawn Terrel
c/o Fisher Auction Company Inc.
License: 2012000450
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.
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Location
Gallery