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  • $345,000

    549 Bates St, Saint Louis, MO 63111

    1beds
    0baths
    --sqft
    : 
    Multi Family
    Built in 1914
    -- sqft lot
    $352,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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!
    27 days
    on Zillow
    |
    156
    |
    17
    |

    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#: 25026801MLS LogoOriginating MLS: St. Louis Association of REALTORS
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    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • 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: On Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 7,535.88 Square Feet
    • Dimensions: 54 x 139 x 55 x 138
    Details
    • Parcel number: 28520001100
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1914

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

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

    Financial & listing details

    • Annual tax amount: $1,778
    • Date on market: 4/25/2025
    • Listing terms: Cash,Conventional,Private Financing Available,Other
    • Inclusions: Building, Land
    • Tenant pays: Electricity, Gas
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