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5008  Oleatha Avenue

5008 Oleatha Avenue

St Louis, MO 63139

For Sale MLS# 26021878 26 days on market

$515,000

$129 / sq ft

3,994

Sq Ft Above Grade

0.118

Acres

About This Home

Awesome cap rate, income-producing 4-family on one of South City's most iconic tree-lined streets. Set along Oleatha's garden median avenue in sought-after Northampton area, this 1935 brick building delivers authentic character and meaningful updates. Each unit offers ~1,000 sq ft — generously sized and sure to impress. Main floor units feature updated kitchens w/ white shaker cabinetry, quartz counters & dishwashers, hardwood floors, and abundant closet space. Two units boast original vitrolite tile — a rare Art Deco detail you can't replicate. Stained glass windows, richly stained doors, private deck per unit. Newer roof, newer hot water heaters, most W/D landlord-owned. Off-street parking. Positive rental income. Savvy buyers — this is an awesome house hacking opportunity! Live in one unit and let the other three offset your mortgage while you build equity in a neighborhood people genuinely want to live in. Steps to Tilles Park, Tower Grove Park & walkable Northampton dining and shops. Solid asset. Real income. Exceptional setting.

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Property Details

MLS#26021878
StatusFor Sale
Property TypeResidential Income
Property Sub-Type2-4 Units
Year Built1935
Sq Ft Above Grade3, 994
Lot Size Acres0.118
SubdivisionKingshighway Hills Add
Parking Total4
Annual Taxes$4, 914 (2025)
Elementary SchoolBuder Elem.
Middle SchoolLong Middle Community Ed. Center
High SchoolRoosevelt High

Listing History

Listed: April 17, 2026 (26 days on market)

Viewed 34 times on this site.

Brokered by Coldwell Banker Realty - Gundaker West Regional Broker Reciprocity MARIS