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$140,000
26044473 MLS
Don't miss this fully occupied duplex offering immediate rental income with $18,000 in current annual gross rental income and excellent upside potential. The property features two occupied units on month-to-month leases, providing flexibility for investors while maintaining consistent cash flow. The upper unit is currently rented for $850 per month, while the lower unit, with its own private entrance and separate exit, is rented for $650 per month. Both rents are below current market value, presenting an opportunity to increase future income. Market rents are estimated at approximately $1,000 per month for the upper unit and $850 per month for the lower unit. Recent improvements include replacement of the tub faucet plumbing fixture and repairs to the back and side sections of the roof, helping reduce immediate maintenance needs. Tenants are responsible for gas and electric, while the owner pays water, sewer, trash, and seasonal lawn care. Current owner expenses include approximately $375–$400 per month for water, sewer, and trash. $110 per month for landscaping during the mowing season. With no vacancies, separate entrances for both units, below-market rents, and significant potential to increase cash flow, this duplex is an outstanding opportunity for investors looking to expand their portfolio with a property that offers both immediate income and future appreciation potential.

202 Wabash Ave, Belleville

Courtesy of Keller Williams Pinnacle 618-226-6447

$49,500
3 Beds ⋅ 1 Baths ⋅ 26035924 MLS
SELLERS SAYS BRING OFFER. Great Opportunity for rehabber or handy owner occupant. Has 3 large bedrooms(1 on main level and 2 upstairs). large living room with 10ft ceiling, updated dining room, some electric updated and appears to have newer furnace. Home needs some tlc . For the right person or rehabber this is a great buy. Home is being sold as is. Will have electric turned on. Buyer responsible for anything else for inspection purposes only. Seller will make no repairs. Seller Requires 72 hours response time to all offers.

108 Portland Ave, Belleville

Courtesy of eXp Realty 618-616-9505

$199,000
4 Beds ⋅ 2 Baths ⋅ 26009299 MLS
Huge price drop! Motivated seller! Move-in ready! Take a look at this storybook house located in the historical river town of Steelville! Airbnb potential or make this your own. This home combines old world details with all new modern luxuries. Lots of windows to enjoy the hillside view overlooking the town. New flooring throughout will ensure a clean new start. Brand new kitchen cabinets and appliances. Laundry room with extra space for built in cubbies or an off-kitchen pantry. This house has a unique, master suite layout that includes a whole section of the house designated to a dual room bedroom with a private bathroom and oversized closet, perfect for parents, mother-in-law, or teenager getaway. Exterior has been made new with new roof, windows, siding, front porch and more. Front porch has great curve appeal and makes for a relaxing spot. If you are looking for a home with short term rental potential, Steelville attracts visitors year-round especially during summer, and this 4-bedroom home will fit a large family looking for fun!

404 N First Street St, Steelville

Courtesy of Platinum Realty of St. Louis 888-220-0988

$174,900
3 Beds ⋅ 2 Baths ⋅ 25062821 MLS
This charming two-story home sits on a spacious corner lot with a big backyard and a great composite deck—perfect for outdoor gatherings. Inside, you’ll find beautiful hardwood floors and generously sized bedrooms, offering plenty of space to spread out. This home has has endless potential. A fantastic opportunity to bring your vision to life and make this house your own. Basement recently waterproofed, plumbing has been redone and a brand new water heater installed.

222 Wabash Ave, Belleville

Courtesy of Real Broker LLC 630-423-5891

Listing information is provided courtesy of the Broker Reciprocity/IDX of Bagnell Dam Association of REALTORS® and Lake of the Ozarks Board of REALTORS®, Inc. Multiple Listing Services. Copyright 2026 Multiple Listing Service, Inc. of Bagnell Dam Association of REALTORS® MLS, Inc. and Lake of the Ozarks Board of REALTORS® MLS, Inc. Information is being provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. 2026 Century 21 Community