BEDS0
BATHS
SQUARE FEET2,864
MLS#26015703
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONGeorge Schmitt Estate
SCHOOLFox C-6
Property Description
Excellent opportunity for a house hacker or investor to acquire a turnkey triplex in the highly desirable Fenton, Missouri area. Located at 2449 South Old Highway 141, this property offers exceptional convenience with quick access to Highway 141 and Highway 21 (Tesson Ferry), placing you near major highways, shopping, dining, and everyday amenities while still maintaining a quiet, private, rural feel. Multifamily opportunities in this area are extremely limited, making this a rare find.Situated on a spacious 0.81-acre lot, the property features three updated units, including a 3 bed/1 bath currently rented for $1,500 per month, a large 2 bed/1 bath unit that is vacant with pro forma rents of approximately $1,200 per month, and another 2 bed/1 bath unit currently rented for $900 per month. Whether you're looking to owner-occupy or expand your portfolio, this property offers immediate income with additional upside.Located in unincorporated Jefferson County, the property benefits from lower taxes, no occupancy permits, and fewer regulations compared to surrounding areas. There is minimal deferred maintenance, along with major utility advantages including very cheap sewer bill (approximately $31 a month) and water is a low-cost well pump (approximately $21 per month in electricity) and lift system maintenance. With ample parking and strong cash flow potential from day one, this is a unique opportunity to live for less than rent or acquire a high-performing asset in a growing, supply-constrained market.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Home Style: Traditional
Lot Size: 0.81 Acres
Taxes: $1,749
Year Built: 1968
Feature Descriptions
Days on Site: 8
Exterior: Vinyl Siding
Parcel#: 02-6.0-14.0-1-002-002
SQFT. Above Grade: 1744
Local Schools
High School: Fox Sr. High
Middle School: Ridgewood Middle
Elementary School: Meramec Heights Elem.
School District: Fox C-6
Listed By / Shown By
Listed By
Agency Name: Invest St. Louis
Shown By
Agent Name: Stephanie Noecker
Agent Phone: (314) 537-7404
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 2,154.11 per month $1,906.30 Principal & Interest $145.75 Property Tax $102.05 Homeowner's InsuranceChange Payment Information
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2449 S Old Highway 141 | MLS# 26015703
This multi-family property located at 2449 S Old Highway 141, Fenton, MO 63026 is currently listed for sale with an asking price of $349,900. S Old Highway 141 is located within the Fox C-6 school district. Search Fenton real estate on www.liveinstlcity.com today.