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5386 Pershing Avenue, 
St Louis, MO 63112

$5,900,000


Bed


Bath


34,832

Sq Ft


Multi-Family

Active

Listed by

Anthony Klier

The Agency

Last updated:

June 27, 2025, 03:49 PM

MLS#

25028488

Source:

MO MARIS

About This Home

5386 Pershing Avenue

5386 Pershing ave, "Central Park" is a fully-renovated 40 UNIT property in Debalivere. Located right between Washington University main campus/ WASH U medical campus, down the street from Barnes Jewish Hospital and just a 6 minute walk to Forest Park. Every unit in the building has been upgraded with IN-UNIT WASHER DRYER, vinyl flooring, granite counters and central air (no central boiler or window unit AC). This property is 100% occupied and brings in $51,227/m. 32 of the units are 2bed/1baths that currently rent for $1296/month and 8 of the units are 1bed/1bath (w an office) that currently rent for $1221/month. Market rent for 2beds according to RentOMeter in this area is $1452/month (ask agent for his 23 rental comps) so there is plenty of room to raise rents (seller self-manages himself). In 2024 the Total Operating Income was $591,779 and the Total Operating Expenses were $182,626/month = which make the NOI for 2024 $409,152. Showings start May 14th, 2025- call to schedule a tour.

Home Facts

Multi-Family

Built in 1917

Price Summary

5,900,000

$169 per Sq. Ft.

MLS #:

25028488

Last Updated:

June 27, 2025, 03:49 PM


Rooms & Interior

Interior

Living Area:

34,832 Sq. Ft.


Structure

Structure

Building Area:

34,832 Sq. Ft.

Year Built:

1917


Lot

Lot Size (Sq. Ft):

23,086


Finances & Disclosures

Finances

Price:

$5,900,000

Price per Sq. Ft:

$169 per Sq. Ft.

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Copyright 2025 Mid America Regional Information Systems, Inc. Information from Third Parties, Deemed Reliable but Not Verified. Last Updated June 27, 2025

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