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3105 Thelma Ave, Saint Louis, MO, 63121

1beds
2baths
832sqft
$69,999
$84price/sqft
$728/moest. monthly cost
$29,120/yrincome needed

About This Home

Investor-ready opportunity in Bel-Ridge! This charming bungalow is a strong addition to any rental portfolio, offering immediate cash flow with a long-term tenant in place since 2020 and a lease secured through December 2026. The home features a partially finished walkout basement complete with a full bath—presenting a clear value-add opportunity to convert the space into an additional bedroom with minimal investment, boosting both rental income and overall property value. Located just minutes from University of Missouri–St. Louis, this property sits in a consistently high-demand rental corridor with convenient access to shopping, dining, and major commuter routes. Whether you’re looking for a low-cost entry point or a reliable cash-flowing asset, this is a smart investment in the St. Louis market. Don’t miss your chance to secure this income-producing property!

Getting Around

39
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

--
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7th and 8th Grade CenterGrades 7-80.8 mi
1/10
Normandy High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 1936

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bedroom

  • Features: Floor Covering: Carpeting
  • Level: Main

Bedrooms & Bathrooms

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

Dining Room

  • Features: Floor Covering: Carpeting
  • Level: Main

Features

  • Flooring: Carpet,Luxury Vinyl,Vinyl
  • Finished area below ground: 300
  • Finished area above ground: 832

Heating & Cooling

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

Interior Area

  • Total structure area: 832
  • Total interior livable area: 832 sqft

Kitchen

  • Features: Floor Covering: Luxury Vinyl Plank
  • Level: Main

Living Room

  • Features: Floor Covering: Carpeting
  • Level: Main

Property

Details

  • Parcel number: 14J230584
  • Special condition: Standard

Features

  • Levels: One
  • Patio & porch: Covered,Front Porch

Lot

  • Lot size: 7,501 sqft
  • Features: City Lot

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes