Charming Brick Bungalow with Investment Potential

Discover Comfortable Living in Lemay/Carondelet

Nestled just south of St. Louis, this charming bungalow sits in the Lemay/Carondelet area, known for its friendly, suburban feel.

Built in 1937, the home sits on a spacious 0.13-acre lot and offers close proximity to schools, parks, grocery stores, and casual dining—making it ideal for families or first-time buyers.

Residents enjoy convenient access to I-55 and I-270, providing seamless commutes to downtown St. Louis and Lambert Airport. Local parks and shops foster a relaxed, neighborly atmosphere, while the interior features a mix of vinyl hardwood, tile, and carpeted flooring that blend comfort and character.

With a median home value around $180K and average monthly rents near $1,342 for similarly sized homes, the area offers an appealing balance of affordability and opportunity.

Strong rental demand supports value-add potential through interior updates and long-term appreciation.

Currently tenant occupied at $1,275/month, with lease ending June 30th, 2026.  Tenant and management can negotiate an early lease end date, however.