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5815  Cates Avenue

5815 Cates Avenue

St Louis, MO 63112

For Sale MLS# 25019707 393 days on market

$900,000

$780,000

$35 / sq ft

22,372

Sq Ft Above Grade

0.240

Acres

About This Home

Back on the market at no fault of the Seller. Prime Investment Opportunity in the Central West End! Expand your portfolio with this 24-unit multifamily property in the thriving Central West End, just minutes from the Delmar Loop, Washington University, BJC Healthcare, and Forest Park. Surrounded by top dining, shopping, and cultural attractions, this prime location drives strong rental demand—ideal for students, professionals, and healthcare workers. The property features 6 studios, 12 one-bedroom units, and 6 two-bedroom units, with the potential to reconfigure layouts for increased income. Additionally, there are 12 parking spaces in the underground garage. Recent upgrades, including a newer roof, windows, and tuck-pointing, add long-term value and appeal. With ongoing revitalization in the area, this is a rare chance to secure a high-potential asset in a growing market. Sold as-is, with the seller to make no inspections or repairs.

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Property Details

MLS#25019707
StatusFor Sale
Property TypeResidential Income
Property Sub-Type5 Family or More
Year Built1928
Sq Ft Above Grade22, 372
Lot Size Acres0.240
Lot Dimensions157 x 67
SubdivisionClemens Place Add
HeatingOther
CoolingOther
WaterPublic
SewerPublic Sewer
Annual Taxes$875 (2024)
Elementary SchoolHamilton Elem. Community Ed.
Middle SchoolLangston Middle
High SchoolSumner High

Listing History

Listed: April 14, 2025 (393 days on market)

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Brokered by Coldwell Banker Realty - Gundaker Broker Reciprocity MARIS