5815 Cates Ave, St Louis, MO 63112

$700,000
22,372
SqFt

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List Price
$700,000
Price Change
▼ $80,000 1783988645
Days on Market
471
MLS#
25019707
Status
ACTIVE
Living Sq. Ft
22,372
Lot Size
10,459
Acres
0.24
Year Built
1928
Subdivision
Clemens Place Add
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

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. Reasonable offers will be considered.

Additional Information

School District
St. Louis City
Elementary School
Hamilton Elem. Community Ed.
Jr. High School
Langston Middle
Sr. High School
Sumner High
Parking Description
Garage, Underground
Cooling
Other
Sewer
Public Sewer
Heating
Other
Water
Public
Selling Terms
Cash, Owner Finance

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty - Gundaker.

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