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$ 900,000
Est. payment /mo
Active
5815 Cates AVE St Louis, MO 63112
22,372 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 22,372 sqft
Price per Sqft $40
Subdivision Clemens Place Add
MLS Listing ID MAR25019707
Construction Status 97
Year Built 1928
Building Age 97
Lot Size 10,459 Sqft
Acres 0.2401
Lot Dimensions 157 x 67
Property Sub-Type Multi-Family 5+
Property Description
Prime Investment Opportunity in the Central West End! Expand your portfolio with this 24-unit multifamily property in the thriving Central West End, just minutes from the Delmar Loop, Washington University, BJC Healthcare, and Forest Park. Surrounded by top dining, shopping, and cultural attractions, this prime location drives strong rental demand—ideal for students, professionals, and healthcare workers.
The property features 6 studios, 12 one-bedroom units, and 6 two-bedroom units, with the potential to reconfigure layouts for increased income. Additionally, there are 12 parking spaces in the underground garage. Recent upgrades, including a newer roof, windows, and tuck-pointing, add long-term value and appeal. With ongoing revitalization in the area, this is a rare chance to secure a high-potential asset in a growing market.
Sold as-is, with the seller to make no inspections or repairs.
The property features 6 studios, 12 one-bedroom units, and 6 two-bedroom units, with the potential to reconfigure layouts for increased income. Additionally, there are 12 parking spaces in the underground garage. Recent upgrades, including a newer roof, windows, and tuck-pointing, add long-term value and appeal. With ongoing revitalization in the area, this is a rare chance to secure a high-potential asset in a growing market.
Sold as-is, with the seller to make no inspections or repairs.
Location
State MO
County St Louis City
Area Central West
Interior
Heating None
Cooling Other
Fireplace N
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 97
Schools
Elementary Schools Hamilton Elem. Community Ed.
Middle Schools Langston Middle
High Schools Sumner High
School District St. Louis City
Others
Special Listing Condition None
Listed by Kiana Joyce • Coldwell Banker Realty - Gunda