# 8838 Park Lane, Saint Louis, MO 63147

> **TL;DR:** 2bd/1ba single family, $69,900 ($61/sqft), built 1941, 1,144 sqft.
> Basement. Est. $303/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $69,900 |
| Price/sqft | $61 |
| Bedrooms | 2 |
| Bathrooms | 1 full |
| Square Feet | 1,144 |
| Year Built | 1941 |
| Lot Size | 6,826 sqft (0.16 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $303 |
| **Total** | **$303** |

## Nearby Schools

- **Elementary:** Earl Nance Sr. Elem.
- **Middle:** Yeatman-Liddell Middle School
- **High:** Vashon High

## Key Amenities

- Basement

## Property Highlights

- Built in 1941
- 0.16 acre lot

## Description

### Agent Description
Investor opportunity at 8838 Park Lane. This 2-bedroom, 1-bath rental home is currently leased for $1,055/month with a month-to-month tenant in place, providing immediate income and future flexibility. Property could benefit from cosmetic updates and a light unit turn, offering upside for an investor looking to improve condition and capture stronger market rent over time.

Seller is acting as Power of Attorney for an inherited four-home portfolio and prefers to sell this property together with the other three homes. The portfolio includes two occupied homes and two vacant, move-in-ready homes, with expected total portfolio income of approximately $4,900/month. The properties are located in close proximity to one another, creating operational efficiencies and making them easier to manage.

This is a light value-add rental opportunity in an area with strong market-rate and Section 8 rental demand. The two vacant homes are in good condition and could likely be rented with little to no work needed, while the two occupied homes are below market rent and offer future upside through light make-readies and rent growth as leases allow. Excellent opportunity for a first-time investor or seasoned operator looking to add a manageable rental portfolio in the area.

Property to be sold along with: 
258 Becker Dr - MLS# 26036458
2823 Meadowlark Ave - MLS# 26036063
1277 Admiral Dr - MLS# 26036113

## Location

- **Address:** 8838 Park Lane, Saint Louis, MO 63147
- **County:** St Louis City
- **Neighborhood:** Hills At Gateway Add
- **Coordinates:** 38.72005377, -90.24554878
- **Google Maps:** https://www.google.com/maps?q=38.72005377,-90.24554878

## Listing Agent

- **Name:** Joey Schenck
- **Brokerage:** Invest St. Louis
- **Phone:** 3142211109
- **Email:** joey@investstl.com

## Primary Photo

![8838 Park Lane - Primary Photo](http://lh.rdcpix.com/c6cecf3be86ed41cdea13294f06297b3l-f3000653735r.jpg)

---

**MLS#:** 26036203 | **Updated:** 2026-06-18
**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.com/listing/8838-park-lane-st-louis-mo-63147-26036203)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "8838 Park Lane, Saint Louis, MO 63147",
  "description": "Investor opportunity at 8838 Park Lane. This 2-bedroom, 1-bath rental home is currently leased for $1,055/month with a month-to-month tenant in place, providing immediate income and future flexibility. Property could benefit from cosmetic updates and a light unit turn, offering upside for an investor looking to improve condition and capture stronger market rent over time.\n\nSeller is acting as Power of Attorney for an inherited four-home portfolio and prefers to sell this property together with t",
  "url": "https://www.propertysimple.com/listing/8838-park-lane-st-louis-mo-63147-26036203",
  "image": "http://lh.rdcpix.com/c6cecf3be86ed41cdea13294f06297b3l-f3000653735r.jpg",
  "datePosted": "2026-06-18",
  "price": 69900,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "8838 Park Lane",
    "addressLocality": "Saint Louis",
    "addressRegion": "MO",
    "postalCode": "63147",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 38.72005377,
    "longitude": -90.24554878
  },
  "numberOfBedrooms": 2,
  "numberOfBathroomsTotal": 1,
  "numberOfFullBathrooms": 1,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 1144,
    "unitCode": "FTK"
  },
  "yearBuilt": 1941
}
```