High-Return Single-Family Rehab on Old Missouri Ave – Prime Investment Near Major Transit and Growth Corridor

Description

5504 Old Missouri Ave, East Saint Louis, IL 62207 – Value-Add Single-Family Home in Expanding Investment Zone 2 Bedrooms | 1 Bathroom | Large Lot | High ROI Potential https://www.redfin.com/IL/East-Saint-Louis/5504-Old-Missouri-Ave-62207/home/135171657 This single-family home at 5504 Old Missouri Ave sits in a quiet, residential section of East Saint Louis with easy access to Route 15, I-64, and downtown St. Louis. With strong nearby sales and rising investor activity in the 62207 zip code, this is the perfect project to add to your portfolio. ✨ Property Highlights: 🛏 2 Bedrooms 🛁 1 Bathroom 🏡 Deep lot with yard space and rear access 🔧 Needs full renovation – ideal for rehabbers or landlords 📍 Located just minutes from highways, schools, and public transit 💡 Utility access available at the street 📈 Comparable Sales in the Area: 5436 Bond Ave – Sold for $52,500 (2 Bed / 1 Bath) 5510 Trendley Ave – Sold for $50,000 (2 Bed / 1 Bath) 5484 Old Missouri Ave – Sold for $48,000 (2 Bed / 1 Bath) 🌆 Why East Saint Louis? East Saint Louis continues to offer some of the best cash flow metrics in the Midwest. With revitalization efforts and easy commuter access to downtown STL, this area is seeing increasing investor interest. Highlights: Affordable entry point for flips and long-term rentals Consistent demand for Section 8 housing Easy access to MetroLink, major highways, and employment corridors Redevelopment programs and regional infrastructure upgrades 5504 Old Missouri Ave is an ideal acquisition for cash investors looking to scale efficiently in a strong Midwest market.