1 month on rocket

5600 Morganford Rd, Saint Louis, MO, 63116

$324,500

Home List Price

$3,853*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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5600 Morganford Rd, Saint Louis$324,500

Buyer Closing Credits

$3,853*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1912
HeatingForced Air
CoolingCeiling Fan(s), Electric
MLS #24014557
Lot Size0.05 Acres
StatusActive

About 5600 Morganford Rd

Attractive price adjustment. Opportunity abounds for this remarkably rehabbed all brick 2-story mix-use building in the heart of South St. Louis City. Proudly anchored on a high traffic count corner lot, this Bevo Neighborhood gem will get you all the exposure you will need. Both savvy investors and owner occupants alike will be amazed at its wonderful transformation. There are many possibilities in play for this "Turn Key" Main-Level Commercial Space and its Luxurious upper-level 2 bed 1 bath 1,500sqft+ apartment. The wait is over to relocate or to go for it & start-up your business. You could either generate a steady revenue stream with leasing the apartment or occupy it as you operate below. The property boasts a potentially high cap rate once leases are in place for those looking to strictly invest too. Either way you will have a peace of mind with all of the upgrades & how solid the building is. Be sure to check out the feature sheets in the pics. *GOI, Net, & Exp are projected*

Property Details

Property Features

Property Information:

  • Year Built: 1912

Listing Office:

  • Office Name: MORE, REALTORS

Interior Features

Interior Information:

  • Appliances: Washer/Dryer

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • Roosevelt High School, Public District Grades 9-12
  • Long Middle School, Public District Grades 6-8
  • Woerner Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $324,500
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Housing Market Comparison

See how this home compares to others in Saint Louis, MO.

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Saint Louis, MO

City

Med. Sold Price

$216.9K

Med. Price/SqFt

$160

Avg. Days On Market

42

# of Sold Homes

232

5600 Morganford Rd vs Saint Louis

48 DAYS ON ROCKET

+6 Days

$324,500

+$107.5K More

KEY TAKEAWAY

This property is $107.5K more than the Median Sold Price in Saint Louis, MO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MARIS
  • MLS Number: #24014557

Listing Office:

  • Office Name: MORE, REALTORS

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2024 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:23:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3108718
2
/10

  • Woerner Elementary School

  • 6131 Leona St

  • 0.44 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3108719
5
/10

  • Long Middle School

  • 5028 Morganford Rd

  • 0.30 miles

  • Public District Grades 6-8

High School

school-card-donut-3108720
1
/10

  • Roosevelt High School

  • 3230 Hartford St

  • 2.43 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,426. Most Saint Louis, MO residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Missouri›Saint Louis›63116›5600 Morganford Rd

This home is located at 5600 Morganford Rd in Saint Louis, MO and zip code 63116 in the South City neighborhood. This home, which was built in 1912, sits on a 0.05 acre lot. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $324,500.

Saint Louis, MO housing market in March 2024 saw over 82 listings sold above listed price, more than 44 sold at listed price and over 106 sold below. The number of homes for sale in Saint Louis, MO increased by 13.2% between February 2024 and March 2024. In March 2024 median list price was $216,971 and the average listing age was 42 days.

From Rocket Homes Real Estate and based on county public records data.

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