Clemens Place Add Real Estate

Welcome to Clemens Place Addition, a hidden gem nestled in the heart of St. Louis, Missouri. This charming neighborhood offers a delightful blend of historic character and modern conveniences, making it the perfect place for families, young professionals, and retirees alike.

Clemens Place Addition is known for its tree-lined streets and inviting atmosphere, where neighbors greet each other with warm smiles. The community boasts a rich history, with many homes showcasing beautiful architectural designs that reflect the area’s heritage. Whether you’re strolling through the neighborhood or enjoying a quiet evening on your porch, you’ll find a sense of belonging that is hard to match.

Convenience is key in Clemens Place Addition. Residents have easy access to a variety of local amenities, including grocery stores, parks, and dining options that cater to every palate. Just a short drive away, you’ll discover the vibrant cultural scene of downtown St. Louis, featuring museums, theaters, and live music venues.

Families will appreciate the proximity to quality schools and recreational facilities, providing ample opportunities for children to thrive. The neighborhood also offers a range of outdoor activities, with nearby parks perfect for picnics, jogging, or simply enjoying the beauty of nature.

Clemens Place Addition is not just a place to live; it’s a community where memories are made. With its unique blend of charm, convenience, and community spirit, it’s no wonder that so many people are proud to call this neighborhood home. Come and experience the warmth of Clemens Place Addition for yourself!

Newest Listings in Clemens Place Add

$1,000,000

26036707 MLS ⋅ ACTIVE UNDER CONTRACT Status

Rare opportunity to acquire a fully repositioned 6-unit multifamily building in the heart of St. Louis's historic West End — steps from the Central West End, Washington University, the Delmar Loop, and Forest Park. This classic 3-story brick walk-up has undergone a comprehensive $550,000 renovation, delivering six spacious 3-bedroom/2-bathroom units averaging 1,500 SF each — one of the largest unit configurations available in this submarket. All interior work is 100% complete, including premium new kitchens, updated bathrooms, modern flooring, and brand-new mechanical, electrical, and plumbing systems throughout. Four units are currently occupied with leases in place, and two turnkey-ready units are available for immediate lease-up at market rate. Current in-place income is $7,379/month with a stabilized annual income of $132,108 including utility reimbursements. At the $1,000,000 list price, the property delivers a 9.79% acquisition cap rate — significantly above the local market average of 7.40% — with an as-is appraised value of $1,040,000, providing immediate equity at closing. With all-new MEP systems in place, capital expenditure liability over the next 7–10 years is expected to be minimal. In-unit washer/dryer hookups in every unit support above-average rents and tenant retention. An ideal acquisition for investors seeking immediate cash flow, strong yield, and long-term appreciation in one of St. Louis's most supply-constrained rental corridors.

5909 Cates Ave, St Louis

$700,000

25019707 MLS ⋅ ACTIVE Status

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. Reasonable offers will be considered.

5815 Cates Ave, St Louis

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