# 10256 Lord Drive, Saint Louis, MO 63136

> **TL;DR:** 3bd/1ba single family, $115,000 ($150/sqft), built 1954, 768 sqft.
> A/C. Est. $616/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $115,000 |
| Price/sqft | $150 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Square Feet | 768 |
| Year Built | 1954 |
| Lot Size | 6,499 sqft (0.15 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $582 |
| Estimated Insurance | $34 |
| **Total** | **$616** |

## Nearby Schools

- **Elementary:** Lewis and Clark Elem.
- **Middle:** R. G. Central Middle
- **High:** Riverview Gardens Sr. High

## Key Amenities

- A/C

## Property Highlights

- Built in 1954
- 0.15 acre lot

## Description

### Agent Description
Rare opportunity to acquire a 12-home single-family rental portfolio offered as one package in the St. Louis market. Located throughout Spanish Lake, Ferguson, and Unincorporated North St. Louis County, the properties are positioned within close proximity for efficient management and maintenance. The portfolio features a desirable unit mix of all 3- and 4-bedroom homes, creating strong tenant demand from both Section 8 voucher holders and market-rate renters. Professionally managed and largely renovated/rent-ready, the portfolio offers a strong mix of in-place income with immediate lease-up upside. Current gross rental income is approximately $11,519/month, with four vacant homes fully rent-ready and actively being leased. Seller anticipates at least two additional homes leased prior to closing, increasing in-place income to approximately $14,100/month. Fully stabilized pro-forma gross rental income is projected at approximately $16,700/month, with estimated annual operating expenses of approximately $53,000 and projected stabilized NOI of approximately $147,000/year. At the $1,350,000 asking price, the portfolio offers a projected stabilized cap rate approaching 10.9%. An excellent opportunity for investors seeking immediate scale, efficient scattered-site operations, dependable rental demand, and value-add upside through lease-up of rent-ready homes.

## Location

- **Address:** 10256 Lord Drive, Saint Louis, MO 63136
- **County:** St. Louis
- **Neighborhood:** Castle Point Unit 3
- **Coordinates:** 38.75689353, -90.24742278
- **Google Maps:** https://www.google.com/maps?q=38.75689353,-90.24742278

## Listing Agent

- **Name:** Matt Guignon
- **Brokerage:** Invest St. Louis
- **Broker Phone:** (314) 255-5117
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/10256-Lord-Dr_Saint-Louis_MO_63136_M71186-52168?f=listhub&s=MARISMO&m=26041438&c=propsimple)

## Photos

![10256 Lord Drive - Photo 1](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f3483081207r.jpg)

![10256 Lord Drive - Photo 2](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f4078582355r.jpg)

![10256 Lord Drive - Photo 3](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f1536312538r.jpg)

![10256 Lord Drive - Photo 4](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f3200128856r.jpg)

![10256 Lord Drive - Photo 5](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f3553728758r.jpg)

![10256 Lord Drive - Photo 6](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f3515242227r.jpg)

![10256 Lord Drive - Photo 7](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f1848380231r.jpg)

![10256 Lord Drive - Photo 8](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f2293623307r.jpg)

![10256 Lord Drive - Photo 9](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f4093855774r.jpg)

![10256 Lord Drive - Photo 10](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f2131223907r.jpg)

![10256 Lord Drive - Photo 11](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f2319692012r.jpg)

![10256 Lord Drive - Photo 12](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f3362628965r.jpg)

![10256 Lord Drive - Photo 13](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f2785484949r.jpg)

![10256 Lord Drive - Photo 14](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f1352705244r.jpg)

![10256 Lord Drive - Photo 15](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f24239637r.jpg)

![10256 Lord Drive - Photo 16](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f3643142195r.jpg)

![10256 Lord Drive - Photo 17](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f485907099r.jpg)

![10256 Lord Drive - Photo 18](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f2720632376r.jpg)

![10256 Lord Drive - Photo 19](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f155009819r.jpg)

![10256 Lord Drive - Photo 20](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f1516478570r.jpg)

![10256 Lord Drive - Photo 21](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f3339681506r.jpg)

![10256 Lord Drive - Photo 22](http://lh.rdcpix.com/6d657d9c0647d2c6dd7ad7a1dcb29f45l-f1923779230r.jpg)

---

**MLS#:** 26041438 | **Updated:** 2026-10-26
**Source:** listhub

*Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/10256-lord-drive-saint-louis-mo-63136-2df806cbddc7441fbbada7734c6533c1)

---

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