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2823 Meadowlark Ave, Saint Louis, MO, 63136

2beds
1baths
999sqft
$74,900
$75price/sqft
$778/moest. monthly cost
$31,120/yrincome needed

About This Home

Investor opportunity! 2823 Meadowlark Avenue is a 2-bedroom, 1-bath single-family home in Jennings and part of a four-house rental portfolio. This property has major systems updated and is in move-in or near move-in-ready condition, offering a straightforward path to lease-up with little to no work needed. Projected rent is approximately $1,100/month. Seller is acting as Power of Attorney for an inherited four-home portfolio and would prefer to sell this property together with the other three homes. The portfolio includes two occupied homes and two vacant, move-in-ready homes, with expected total portfolio income of approximately $4,900/month. The properties are located in close proximity to one another, creating operational efficiencies and making them easier to manage. This is a light value-add rental opportunity in an area with strong market-rate and Section 8 rental demand. The two vacant homes are in good condition and could likely be rented with little to no work needed, while the two occupied homes are below market rent and offer future upside through light make-readies and rent growth as leases allow. An excellent opportunity for a first-time investor or a seasoned operator looking to add a manageable rental portfolio in the area. Property to be sold along with: 258 Becker Dr - MLS# 26036458 8838 Park Ln - MLS# 26036203 1277 Admiral Dr - MLS# 26036113

Getting Around

50
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

3/10
Jennings Jr. High SchoolGrades 6-80.7 mi
2/10
Jennings High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1951

Materials

  • Foundation: Slab
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other,Traditional
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area above ground: 999

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 999
  • Total interior livable area: 999 sqft

Property

Details

  • Parcel number: 12G210436
  • Special condition: Standard

Features

  • Levels: One

Lot

  • Lot size: 8,751 sqft
  • Features: Other

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Cold Wave
Earthquake
Hail
Lightning
Tornado
Winter Weather

FEMA Declared Disasters Across Missouri Counties

Fire
Flood
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $378$4,536
Home Insurance *$188$2,256
Property Taxes $71$852
Electricity $141$1,693
Total$778$9,336
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$26,674/yr
40% on housing$23,340/yr
45% on housing$20,746/yr

Missouri FAIR Plan Programs

Missouri Property Insurance Placement Facility

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,041Commercial: 84
Total Premiums$2.35M
Total Exposure$198.26M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 2.9%
2.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$75This listing

vs Other Active Listings

Avg $/sqft

ZIP 63136$46
St. Louis County$161

vs Homes Sold Last Month

Median $/sqft

ZIP 63136$79
St. Louis County$160

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-05Pending sale$74,900
2026-06-10Listed for sale$74,900
2026-01-30Listing removed$1,195
2025-12-03Listed for rent$1,195
2024-02-28Listing removed--
2024-02-23Listed for rent$995
2023-10-31Sold--
2023-10-09Pending sale$52,900
2023-10-02Listed for sale$52,900
2023-09-22Listing removed--
2023-09-21Listed for rent$900
2023-09-13Listing removed--
2023-09-11Listed for rent$1,000
2023-06-01Listing removed--
2023-05-16Listed for rent$1,000
2021-11-12Listing removed--
2021-08-26Listed for rent$890
2020-02-11Sold--
2017-06-06Listing removed$650
2017-05-29Listed for rent$650
2014-09-15Sold--
2014-08-16Price change$16,900
2014-07-15Listed for sale$20,900
2013-05-12Listing removed$18,900
2013-04-03Listed for sale$18,900
2000-08-25Sold--
1999-03-26Sold--

For Sale by Agent

AgentJoey R Schenck
BrokerageInvest St. Louis

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