Utilities are on and the home is accessible — that's the starting point. 4890 Margareetta Ave is a 2-bedroom, 1-bath home in the 63115 zip code in north St. Louis, owner financed at $99,000 with $3,000 down and $950/month.

Here's what you need to know upfront: the wiring throughout the basement has been cut. This is a known condition and it's disclosed here plainly — buyers should factor electrical repair work into their plans and budget accordingly. It's not a dealbreaker for the right buyer, but it's not a surprise you want after closing either.

What's working in this property's favor: all utilities are currently on, which means you can walk through, assess what you're dealing with, and make an informed decision before committing. For a buyer with contractor relationships or hands-on experience, this is the kind of project where the equity upside is real — north St. Louis homes at this price point, once repaired and stabilized, have a clear path to value.

The 63115 zip puts you in an established part of the city with access to downtown St. Louis, major employment corridors, and the broader metro infrastructure. Owner financing means no bank standing between you and the deal.

Owner financing available — no traditional bank required.