Active MLS# 26021416

3105 Thelma Avenue, Bel-Ridge, MO 63121

Subdivision: Welsberg Terrace

List Price: $69,999

(Original Price: $75,000)

Reduced $5,001 on Apr 18, 2026

1

Bedrooms

2

Baths

832

Area (sq.ft)

$84

Cost/sq.ft

1 Story

Type

34

Days on Market
Call Agent

Description

Investor-ready opportunity in Bel-Ridge! This charming bungalow is a strong addition to any rental portfolio, offering immediate cash flow with a long-term tenant in place since 2020 and a lease secured through December 2026. The home features a partially finished walkout basement complete with a full bath—presenting a clear value-add opportunity to convert the space into an additional bedroom with minimal investment, boosting both rental income and overall property value. Located just minutes from University of Missouri–St. Louis, this property sits in a consistently high-demand rental corridor with convenient access to shopping, dining, and major commuter routes. Whether you’re looking for a low-cost entry point or a reliable cash-flowing asset, this is a smart investment in the St. Louis market. Don’t miss your chance to secure this income-producing property!

Property Information

List Price $ 69,999
Original Price $ 75,000
Status Active
MLS# 26021416
Bedrooms 1
Full baths 2
Half baths 0
Main Floor Full Baths 2
Sq. Ft. Above 832
Lot Size
Acres 0
Subdivision Welsberg Terrace
Municipality Bel-Ridge
School District Normandy
County St Louis
Property Type Residential
Style 1 Story
Style Description
Transaction Type
Special Conditions Standard
Type
Building Exterior Amenities
Building Style Bungalow
Ownership
Special Description Standard
Appliances Some Electric Range,Refrigerator

Additional Information

Elementary School Bel-Nor Elem.
Jr. High School Bel-Nor Middle School
Sr. High School Normandy High
Association Fee None
Architecture Bungalow
Construction Brick
Garage Spaces
Carport Spaces 0
Basement Description 8 ft + Pour,Bathroom,Partially Finished
Fireplace Type
Fireplace Location
Lot Dimensions
Special Areas
Cooling Central Air
Sewer Public Sewer Sewer
Heating Forced Air
Water Public
Heat Source
Kitchen
Appliances Electric Range,Refrigerator
Dining
Interior Decor
Property Tax $1,360

Map Location

Rooms Dimensions

Room Dimensions (sq.rt)
Living Room (Level-Main) N/A
Kitchen (Level-Main) N/A
Bedroom (Level-Main) N/A
Dining Room (Level-Main) N/A

Change History

Listing Courtesy of ARS Sales, LLC - [email protected]