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545 Bates Street, 
St Louis, MO 63111

$265,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Julie Thorngren

David P Ounanian

eXp Realty, LLC.

Last updated:

May 3, 2025, 02:49 PM

MLS#

25025704

Source:

MO MARIS

About This Home

545 Bates Street

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!

Home Facts

Multi-Family

Built in 1909

Price Summary

265,000

MLS #:

25025704

Last Updated:

May 3, 2025, 02:49 PM

Added:

9 day(s) ago


Structure

Structure

Year Built:

1909


Lot

Lot Size (Sq. Ft):

6,163


Finances & Disclosures

Finances

Price:

$265,000

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Copyright 2025 Mid America Regional Information Systems, Inc. Information from Third Parties, Deemed Reliable but Not Verified. Last Updated May 3, 2025

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