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$5,300,000 Just Listed
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Property Description
A rare opportunity to acquire a diversified portfolio of 75 condominiums strategically located across North St. Louis County. This well-performing portfolio offers consistent cash flow, stable tenancy, and strong capitalization potential for multifamily investors. This Portfolio is composed of 75 condominiums/homes across five municipalities: Hazelwood, Florissant, Bridgeton, Ferguson, and Unincorporated St. Louis County. There are 31 Lease-to-Own units operated under a unique model where tenants gain partial LLC ownership, granting full condo ownership after 15 years of continuous payments. Tenants cover HOA fees and partial maintenance, minimizing owner obligations.
Full Property Details
Full Property Details for 11978 Del Reo Ct
General
- Price: $5,300,000
- Taxes: $2,076 (2024)
- Status: Active
- Type: Single Family
- Source: MARIS
- MLS ID: 26012060
- Updated: 3/3/2026
- Added to Site: 2 day(s) ago
Location
- Area: 46 - Hazelwood East
- County: St. Louis
- Township: Unincorporated
- Subdivision: Larimore Plaza 2
- Driving Directions: see google maps
School Information
- High School District: Hazelwood
- Elementary School: Larimore Elem.
- Middle School: East Middle
- High School: Hazelwood East High
Heating & Cooling
- Cooling Type: Other
Structural Information
- Architectural Style: Other
- Square Feet: 1,040
- Year Built: 1971
Lot Features
- Lot Size (Acres): 0.2017
- Lot Size (Sq. Ft.): 8,786.05
Financial Considerations
- Tax Amount: $2,076
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Standard
- Disclosures/Reports: None
- Property ID: 08D-21-0490
Listed by Invest St. Louis
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Schools
Schools serving 11978 Del Reo Ct
School District:Hazelwood School District
| Name | Grades | Distance |
|---|---|---|
Larimore Elementary School 1025 Trampe Ln, St. Louis, MO 63138 | PK-5 | 0.4 mi |
Southeast Middle School 918 Prigge Rd, St. Louis, MO 63138 | 6-7 | 0.5 mi |
Hazelwood East High School 11300 Dunn Rd, St. Louis, MO 63138 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11978 Del Reo Ct
Date
Details
Price
Change
Source
3/03/2026
Listed
$5,300,000
—
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 11978 Del Reo Ct
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,076
—
$22,800
4%
2024
$2,076
3%
$21,850
—
2023
$2,025
29%
$21,850
46%
2022
$1,565
—
$15,010
-15%
2021
$1,569
—
$17,650
26%
2021
$1,569
4%
$13,980
—
2019
$1,508
67%
$13,980
84%
2018
$902
—
$7,600
-34%
2017
$899
55%
$11,440
141%
2016
$580
3%
$4,750
—
2015
$564
5%
$4,750
—
2013
$538
—
$4,760
-63%
2013
$538
—
$12,890
—
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 11978 Del Reo Ct
11978 Del Reo Court, Spanish Lake, MO 63138 (MLS# 26012060) is a Single Family property with 0 bedrooms and 0 full bathrooms. 11978 Del Reo Court is currently listed for $5,300,000 and was received on March 03, 2026. Want to learn more about 11978 Del Reo Court? Do you have questions about finding other Single Family real estate for sale in Spanish Lake? You can browse all Spanish Lake real estate or contact a Coldwell Banker agent to request more information.

