5231 Lotus Ave, St Louis, MO 63113
- $60,000
- 2,106
- SqFt
- List Price
- $60,000
- Days on Market
- 30
- MLS#
- 26041511
- Status
- ACTIVE
- Living Sq. Ft
- 2,106
- Lot Size
- 4,351
- Acres
- 0.10
- Year Built
- 1909
- Subdivision
- Banner Heights Add
- Municipality
- St. Louis City
- County
- St Louis City
- Listing Type
- Multifamily
Property Description
Excellent opportunity to acquire a high-yield duplex with immediate income and massive upside. The upper unit is occupied by a stable, month-to-month resident paying $710 per month, providing instant cash flow from day one while allowing total flexibility for future adjustments. With comparable market rents sitting around $1,050 per month per unit, this property offers a strong, proven value-add runway. The lower unit is currently vacant and ready for updates, presenting the perfect canvas for investors looking to renovate, force appreciation, and maximize equity. This property is being sold As-is. Seller will do no repairs or warranties. Perfect for buy-and-hold investors, portfolio builders, or rehabbers looking for their next project in a high-demand rental pocket. Cash or conventional financing preferred. Buyer to verify all information, including rents, square footage, schools and property details.
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Additional Information
- School District
- St. Louis City
- Elementary School
- Lexington Elem.
- Jr. High School
- Laclede Elem.
- Sr. High School
- Sumner High
- Cooling
- Central Air
- Heating
- Forced Air
- Water
- Public
- Selling Terms
- Cash, Conventional, Private
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Listing courtesy of Evernest, LLC.
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified
