1505 Telegraph RD Lemay, MO 63125

Finally—an all-brick fixer in the MLS priced CORRECTLY for a STRONG profit! This 1930s bungalow pairs oversized potential with timeless charm buyers love: arched brickwork, pristine exterior and concrete, bonus sunroom, private driveway, and a 1.5-car detached garage—all set on a fenced backyard that feels like your own pocket park. But we're just getting started! Built-in bonuses mean less heavy lifting and more margin for wow-factor finishes: the 1.5-story loft doubles as a bedroom, while the walkout basement already includes a true bedroom plus full bath. These “sleeper features” let you push well beyond nearby renovated 2/1 comps that cap at $218K, unlocking a HIGHLY DESIRABLE 3–4 bed, 2 bath conversion with aggressive ARV potential of $230K–$240K.

Prefer the long game? Rental comps of $1,568–$1,822/mo support a 6%+ cap in a Mehlville market with steady appreciation and strong tenant demand. With bones intact—solid brick, central air, detached garage, and bonus living space—this one checks every value-add box. Whether you're flipping for fast profit or holding for cash flow, 1505 Telegraph is your next big win.