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$360,000
Est. payment /mo
7,536 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Subdivision Thomas Add
MLS Listing ID MIS25026801
Year Built 1914
Lot Size 7,536 Sqft
Acres 0.173
Lot Dimensions 54x139x55x138
Property Sub-Type 5 Family or More
Property Description
Investors—don't miss this rare opportunity to secure 10 units in the heart of South City with strong cash flow and long-term upside. This well-maintained 6-unit building is being sold as a package with its neighboring 4-family building (545 Bates, MLS #25025704), offering a turnkey portfolio in one of the most stable and desirable rental markets. Each unit features 1 bedroom, 1 bathroom, ample living space, modern updates, some stainless steel appliances, well-kept back decks and some newer major systems that help minimize maintenance costs. Market rent per unit is $800/month. Tenants appreciate the off-street parking, basement storage, and a fully fenced backyard—amenities that drive tenant satisfaction and long-term tenancy. With solid tenants already in place and potential for future rent increases, this is the perfect opportunity for any investor looking to grow in 2025. You will be proud to own these charming, income-producing South City properties for years to come!
Location
State MO
County St Louis City-mo
Area 3 - South City
Interior
Heating Natural Gas, Forced Air
Cooling Window Unit(s)
Fireplace N
Appliance Gas Water Heater
Exterior
Parking Features false
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Woodward Elem.
Middle Schools Lyon-Blow Middle
High Schools Roosevelt High
School District St. Louis City
Others
Special Listing Condition Standard
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Listed by EXP Realty, LLC