Affordable owner-financed homeownership in North St. Louis County starts here. Located at 7000 Florence Place in the 63136 zip code, this 1-bedroom, 1-bathroom home offers an accessible entry point into the St. Louis Metro real estate market with a down payment of just $1,000 and monthly payments of $600 — no traditional bank loan required.

The 63136 area sits in the northern stretch of St. Louis County, offering residents convenient access to major corridors throughout the metro, including nearby shopping, dining, and transit routes that connect you to the broader St. Louis region. For buyers priced out of the traditional mortgage market or simply looking for a flexible path to ownership, this listing represents real value in a market where entry-level inventory continues to move.

At a purchase price of $49,000 with low barrier-to-entry terms, this home is ideal for a first-time buyer, someone downsizing, or an investor looking to add an affordable rental to their portfolio. One-bedroom properties in this price range with owner financing attached are increasingly difficult to find across the St. Louis Metro — whether you're looking on the Missouri side or across the river in Illinois.

This home has been very well taken care of and features a number of meaningful updates, including a newer furnace, newer water heater, and new vinyl windows. The living room and bedroom both showcase nice hardwood floors, and the kitchen benefits from newer cabinets. These upgrades make this a solid, well-maintained property at an accessible price point.

The seller is offering straightforward owner-financed terms, meaning the path to closing is more direct and accessible than the traditional lending process. Buyers who have faced challenges navigating conventional financing will find this structure especially appealing. The seller is willing to agree to almost all offers and is also open to packaging this property with several others — look for listings marked with ^^^^^ for additional opportunities. Cash buyers can acquire this property for $30,000.

If you're ready to stop renting and start building equity in the St. Louis area, 7000 Florence Place offers a realistic, low-cost way to make that happen. Reach out today to learn more about the terms and schedule a showing before this opportunity passes you by.

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