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$150,000 Just Listed
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Property Description
Turnkey cash-flowing rental in Overland - tenant in place at $1,500/month on a lease through June 2027! At $150,000 that's a 1.0% rent-to-price ratio with immediate income from day one. 4 bed / 2 bath with approximately 1,500 sq ft, including a finished lower level with a bonus room. The capital expenses are already handled: whole-house renovation (2023), new roof (2025), new plumbing including underground lines (2024), new electrical panel, new AC and appliances (2023), new driveway (2025), plus sump pump and steel beams (2024) - a dry basement and minimal deferred maintenance for years to come. Strong DSCR profile with the lease in place to support underwriting. Ideal for buy-and-hold and DSCR investors looking for a stabilized asset in a proven rental market. Schedule your showing today!
Full Property Details
Full Property Details for 2231 Wallis Ave
General
- Price: $150,000
- Taxes: $1,861 (2025)
- Status: Active
- Type: Single Family
- Source: MARIS
- MLS ID: 26067139
- Updated: 10/19/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 9
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main & Up: 3
Location
- Area: 91 - Ritenour
- County: St. Louis
- Township: Overland
- Subdivision: Oakvale
School Information
- High School District: Ritenour
- Elementary School: Marion Elem.
- Middle School: Ritenour Middle
- High School: Ritenour Sr. High
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Architectural Style: Traditional
- Basement: Yes
- Basement Desc.: Egress Window, Finished, Sump Pump, Walk-Out Access
- Roof: Shingle
- Square Feet: 968
- Year Built: 1946
Lot Features
- Lot Size (Acres): 0.2215
- Lot Size (Sq. Ft.): 9,648.54
- Lot Features: Back Yard
Financial Considerations
- Tax Amount: $1,861
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listing As Is
- Documents Avail.: Lead Based Paint
- Disclosures/Reports: None
- Property ID: 15L-52-0169
Listed by EXP Realty, LLC
Get Pre-Approved Today
Schools
Schools serving 2231 Wallis Ave
School District:Ritenour School District
| Name | Grades | Distance |
|---|---|---|
Marion Elementary School 2634 Sims, St. Louis, MO 63114 | K-5 | 0.7 mi |
Ritenour Middle School 2500 Marshall Ave, St. Louis, MO 63114 | 6-8 | 1.4 mi |
Ritenour Sr. High School 9100 St Charles Rock Rd, St. Louis, MO 63114 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2231 Wallis Ave
Date
Details
Price
Change
Source
10/19/2026
Listed
$150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2231 Wallis Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,861
18%
$24,190
—
2024
$1,581
—
$24,190
32%
2024
$1,581
2%
$18,380
—
2023
$1,547
17%
$18,380
31%
2022
$1,322
-2%
$14,040
—
2021
$1,350
—
$14,040
7%
2021
$1,350
—
$13,090
—
2019
$1,350
-11%
$13,090
-2%
2018
$1,522
5%
$13,320
—
2017
$1,452
25%
$13,320
24%
2016
$1,158
-2%
$10,780
—
2015
$1,184
-14%
$10,780
-18%
2013
$1,380
—
$13,130
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2231 Wallis Ave
2231 Wallis Avenue, Overland, MO 63114 (MLS# 26067139) is a Single Family property with 4 bedrooms and 2 full bathrooms. 2231 Wallis Avenue is currently listed for $150,000 and was received on October 19, 2026. Want to learn more about 2231 Wallis Avenue? Do you have questions about finding other Single Family real estate for sale in Overland? You can browse all Overland real estate or contact a Coldwell Banker agent to request more information.

