St. Louis, MOSTLOU-MO-LAFAYETTE-SQUARE-SOULARD

Lafayette Square / Soulard

Conditional
Strategy · AppreciationRemote fit · MediumConfidence · Developing
Entry price$250K-500K
Typical rent$1,500-2,400
Gross yield5-8%
The case

Two signature historic districts - Lafayette Square's Victorian mansions and Soulard's nightlife and Mardi Gras energy. Both carry meaningful historic-preservation tax-credit upside that can offset a large share of qualifying rehab costs.

Risks

Recent price data has been volatile, and the appeal rests more on long-term preservation upside than recent appreciation. Tax credits apply only to qualifying historic projects, so eligibility must be confirmed before underwriting. Soulard event-week short-term-rental income shouldn't be assumed as baseline.

Best for

Appreciation and historic-rehab investors who confirm tax-credit eligibility and aren't relying on recent comps.

Buy-box fit

0 entries

No published buy-box fits for this neighborhood.