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  • Price cut: $10K (5/6)
    $255,000

    545 Bates St, Saint Louis, MO 63111

    4beds
    0baths
    --sqft
    : 
    Multi Family
    Built in 1909
    -- sqft lot
    $248,900 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Fully fenced backyardWell-kept back decksModern updatesStainless steel appliances
    Investors—here’s your chance to secure 10 units in South City with strong cash flow and long-term upside. This well maintained 4-family is being sold as a package with its neighboring 6-unit building (549 Bates, MLS #25026801), offering a rare opportunity to acquire a turnkey portfolio in a stable rental market! 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 will reduce your maintenance costs. Market rent for each unit is $800/month. Tenants enjoy the off-street parking, basement storage and a fully fenced backyard. These amenities will help ensure long-term tenancy and rentability. With a solid tenant base 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 South City buildings for years to come!
    36 days
    on Zillow
    |
    493
    |
    50
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 05, 2025 at 07:51pm

    Listing Provided by:

    Julie A Thorngren 636-375-1462,

    EXP Realty, LLC,

    David P Ounanian 314-807-0657,

    EXP Realty, LLC

    Source: MARIS,MLS#: 25025704MLS LogoOriginating MLS: St. Louis Association of REALTORS
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    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Gas Water Heater
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Parking features: Off Street
    Lot
    • Size: 6,163.74 Square Feet
    • Dimensions: 45 x 139 x 44 x 139
    Details
    • Parcel number: 28520001000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Condition
    • Year built: 1909

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Thomas Add
    Location
    • Region: Saint Louis

    Financial & listing details

    • Annual tax amount: $853
    • Date on market: 4/25/2025
    • Listing terms: Cash,Conventional,Private Financing Available,Other
    • Ownership: Private
    • Tenant pays: Electricity, Gas
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