Remarks

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!

Details

MLS#: 25026801
Price: $360,000

Style: Multi-Family 5+
Year Built: 1914

County: St Louis City
Subdivision: Thomas Add
Lot Size: 54x139x55x138
Tax Fee: 1778

School Elementary: Woodward Elem.
School Middle: Lyon-Blow Middle
School High: Roosevelt High
School District: St. Louis City