2438 Creve Coeur Mill Rd, Maryland Heights, Missouri 63043
$245,000 (Available Now)

Cash-Flowing Home on a Large Lot in Maryland Heights

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Invest in St. Louis

Charming Home in Desirable Maryland Heights

This 3-bedroom, 1-bathroom single-family home offers 1,587 square feet of living space on a spacious 12,197 square foot (.28 acre) lot. Built in 1940, the home spans two stories and sits in a sought-after Maryland Heights location close to the airport and many major employers.

Interior Features

The home includes a large kitchen area, a double-sink vanity in the bathroom, and a spiral staircase leading to the semi-finished basement. Flooring is a mix of hardwood, tile, and carpet throughout. Additional highlights include a spacious living room with a large fireplace and a built-in bar and storage area—perfect for entertaining or relaxing.

Outdoor Space

Enjoy a generous outdoor area with a patio—ideal for gatherings, gardening, or simply enjoying the quiet surroundings.

Bonus Basement Space

The semi-finished basement offers extra flexibility for a rec room, workspace, or additional storage.

This property blends vintage charm with plenty of space, both inside and out, in a location that continues to attract homeowners and investors alike.

Investment Highlights:

Currently cash-flow positive, the property generates $26,160 in gross annual income and a Year 1 Net Operating Income of $17,931. The attractive location and affordable price point offer multiple viable exit strategies. With steady cash flow, long-term appreciation, and favorable tax advantages, this home is well-positioned to serve as a productive, low-maintenance investment for years to come.

Supplemental Documents

Property Location

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Property Details:
Square Footage: 1587 County: St. Louis County Units: 1-4 Condition: Turn Key Occupancy: Fully Occupied Parking: Off Street Parking Heating: N/A Cooling: N/A Construction: Siding Basement: Finished
Home Amenities:
  • Some Dishwashers
  • Fireplace
  • Fridge
  • Stove
  • Washer/Dryer Hookup
  • Hardwood Floors
  • Tile Floors
  • Carpet
Agent Details:
Agent: Matt Guignon Phone: (314) 238-8603 Fax:
Contact Agent: Please use the form below to contact agent Matt Guignon about this listing.

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