8347 Octavia Avenue
St Louis, MO 63136
About
This brick bungalow will be a rock-solid performer in your portfolio! It features 750 sf of living space with two beds, one bath, living room, dining room, eat-in kitchen - freshly renovated before the current tenant moved in. In the basement you’ll find storage space, laundry hookups, mostly PVC stack, updated electric panel, electric water heater, and gas furnace. Parking is plentiful with a detached 1-car garage, driveway, and on-street parking. The entire sewer lateral was replaced from under the foundation out to the main in 2026, adding to your peace of mind. Close to restaurants and shopping, and Norwood Hills Country Club. Tenant occupied, so no showings without an accepted offer (contingent on viewing, of course); current lease is through 4/30/27. Do not walk the property or disturb the tenant, please. Tenant is up to date and pays $1,150 per month = $13,800 gross annual income. Taxes, insurance, sewer, and maintenance clock in at $3,686, resulting in an NOI of $10,114 – a 13.49% cap rate at asking price. May be sold with 3512 West Pl (MLS ID: 26060263) and 10169 Imperial (MLS ID: 26060202) if desired.
Property
Beds
2
Full Baths
1
1/2 Baths
None
Year Built
1934
Sq.Footage
750
Features
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
1
-
Above Grade Finished Area
750.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air, Natural Gas
-
Main Level Bedrooms
2
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Brick
-
Parking
Driveway, Garage, Off Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Back Yard
-
Lot Size(acres)
0.0844
-
Lot Size(square feet)
3,676
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Bungalow
Price
-
Sales Price
$75,000
-
Tax Amount
$1,257
-
Sq. Footage
750
-
Price/SqFt
$100
HOA
-
Association
No
School District
-
Elementary School
Northview / Gary Gore
-
Middle School
Jennings Jr. High
-
High School
Jennings High
Property Features
-
New Construction
NO
-
Ownership
Private
-
Sewer
Public Sewer
-
Water Source
Public
Schedule
Schedule a Showing
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Location
-
County
St. Louis
-
Elementary School
Northview / Gary Gore
-
Middle School
Jennings Jr. High
-
High School
Jennings High
Listing Courtesy of Tammy Derrigan, Worth Clark Realty
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