Active MLS# 26012060

11978 Del Reo Court, Unincorporated, MO 63138

Subdivision: Larimore Plaza 2

List Price: $5,300,000

0

Bedrooms

N/A

Baths

1,040

Area (sq.ft)

$5,096

Cost/sq.ft

N/A

Type

12

Days on Market

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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.

Property Information

List Price $ 5,300,000

Original Price $ 5,300,000

Status Active

MLS# 26012060

Bedrooms 0

Full baths 0

Half baths 0

Main Floor Full Baths 0

Sq. Ft. Above 1,040

Lot Size

Acres 0

Subdivision Larimore Plaza 2

Municipality Unincorporated

School District Hazelwood

County St Louis

Property Type Residential Income

Style

Style Description

Transaction Type

Special Conditions Standard

Type

Building Exterior Amenities

Building Style Other

Ownership

Special Description Standard

Appliances Some

Additional Information

Elementary School Larimore Elem.

Jr. High School East Middle

Sr. High School Hazelwood East High

Association Fee None

Architecture Other

Construction Other

Garage Spaces

Carport Spaces 0

Basement Description

Fireplace Type

Fireplace Location

Lot Dimensions

Special Areas

Cooling Other

Sewer Sewer

Heating

Water

Heat Source

Kitchen

Appliances

Dining

Interior Decor

Property Tax $2,076

Map Location

Directions

Change History

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Agent

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[email protected] 314.414.6000

License Number

2000174929

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Date	Change Type	Previous	New
Mar 3, 2026	New Listing	Active	Active
Mar 3, 2026	New Listing	5300000	5300000