Affordable Single-Family Rehab in Cahokia Heights – Strong Rental Market Near St. Louis Access Points

Description

825 Mildred Ave, Cahokia Heights (East St. Louis), IL 62206 – Affordable Single-Family Rehab in Quiet Residential Area 2 Bedrooms | 1 Bathroom | Solid Investment Block | Great Rental Potential https://www.realtor.com/realestateandhomes-detail/825-Mildred-Ave_Cahokia-Heights_IL_62206_M95361-88930 Located in the heart of Cahokia Heights, just minutes from downtown St. Louis, 825 Mildred Ave presents a perfect opportunity for real estate investors looking for a low-cost entry point with room for upside. Surrounded by other rental-ready properties and well-positioned for Section 8 or conventional tenants, this is an ideal rehab project in a stable neighborhood. ✨ Property Highlights: 🛏 2 Bedrooms 🛁 1 Bathroom 🏡 Classic single-family layout with manageable footprint 🌳 Good-sized lot 1.19 ACRES with front and back yard potential 🔧 Needs full renovation – bring your tools and your vision 📍 Quick access to Route 3, I-255, and public transportation 📈 Comparable Sales in the Area: 718 Mildred Ave – Sold for $51,000 (2 Bed / 1 Bath) 741 Thompson Ave – Sold for $49,000 (2 Bed / 1 Bath) 810 Mildred Ave – Sold for $47,500 (2 Bed / 1 Bath) 🌆 Why Cahokia Heights? Cahokia Heights (formed from Cahokia, Centreville, and Alorton) is increasingly popular with investors for its proximity to downtown St. Louis and consistently strong rental demand. Benefits include: Low property acquisition and holding costs Eligible for Section 8 housing and other rental programs Expanding regional infrastructure and redevelopment projects Steady tenant demand from nearby employment corridors 825 Mildred Ave is a smart, budget-friendly acquisition in a market primed for long-term growth and income.