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Backup Offers

6947 Midwood Ave, Hazelwood, MO, 63042

$1,195,000

Home List Price

$10,000*

Closing Credit

38 Bedrooms
13 Full Baths
House

Location

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6947 Midwood Ave, Hazelwood$1,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingCovered, Off Street
Garage3 spaces
Year Built1954
HeatingForced Air
CoolingGas
MLS #24062040
Lot Size2.17 Acres
StatusAccepting Backup Offers

About 6947 Midwood Ave

Rare opportunity to acquire portfolio of 12 single-family homes providing an excellent blend of stability, income, and future upside potential. Each home features a minimum of 3 bedrooms and 1 bathroom, with one home 5 bedrooms and 2 bathrooms. 11 of the 12 homes are currently leased to qualified tenants, ensuring immediate and consistent rental income from day one. The current owners have invested approximately $180k into capital improvements and updates since 2022. A savvy investor could continue leasing these homes for years, capitalizing on steady income, and then sell individual properties to owner-occupants at a premium for top dollar. Significant upside exists by increasing rents to the market value, potentially boosting gross monthly income to over $10,000. This presents a compelling value-add opportunity for investors looking to optimize returns. Seller will be reviewing offers October 8th at 12:00pm. Please include a response time of October 9th at 12:00pm. Duplicate 24062247

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1954

Listing Office:

  • Office Name: Invest St. Louis

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range Hood, Gas Oven, Refrigerator
  • Interior: Carpets, Walk-in Closet(s), Some Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 13
  • Total Bedroom Count: 38

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Covered, Off Street

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 2.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,195,000

Tax Information:

  • Annual Amount: $1,309
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Hazelwood, MO.

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Hazelwood, MO

City

Med. Sold Price

$160K

Med. Price/SqFt

$115

Avg. Days On Market

25

# of Sold Homes

19

6947 Midwood Ave vs Hazelwood

41 DAYS ON ROCKET

+16 Days

$1,195,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Hazelwood, MO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MARIS
  • MLS Number: #24062040

Listing Office:

  • Office Name: Invest St. Louis

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2024 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/12/2024, 11:53:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 28, 2016Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,309$13,390
2019$1,279$13,390
2018$1,088$10,530
2017$1,077$10,530

History based on county public records data.

Payment Calculator

$6,032

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,649

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-295487
1
/10

  • Johnson-Wabash 6th Grade Center

  • 685 January Ave

  • 0.98 miles

  • Public District Grades 6-6

school-card-donut-295488
4
/10

  • Lee-Hamilton Intermediate School

  • 401 Powell Ave

  • 1.51 miles

  • Public District Grades 3-5

school-card-donut-295489
3
/10

  • Robinwood Intermediate School

  • 955 Derhake Rd

  • 1.52 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,372. The majority of Hazelwood, MO residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6947 Midwood Ave

What is the listing price of this property?

The listing price of 6947 Midwood Ave property is $1,195,000.

What type of property is this?

The property 6947 Midwood Ave is a house located in Hazelwood, Missouri, 63042.

Is this property for sale now?

Accepting Backup Offers: 6947 Midwood Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,309 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 28, 2016 for $20,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 6947 Midwood Ave has 38 bedrooms and 13 bathrooms.

Which year was this property built?

The year of construction for 6947 Midwood Ave is 1954.

Rocket Homes›Missouri›Saint Louis County›Hazelwood›63042›6947 Midwood Ave

This home is located at 6947 Midwood Ave in Hazelwood, MO and zip code 63042 in the Northwest County neighborhood. This home, which was built in 1954, sits on a 2.17 acre lot. Features: 38 bedrooms, 13 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $1,195,000.

While more than 11 listings in Hazelwood, MO in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 7 were sold below. The number of listings in Hazelwood, MO increased by 15.6% between September 2024 and October 2024. In October 2024, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $160,000.

From Rocket Homes Real Estate and based on county public records data.

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