MO > St Louis > Thomas Add
St Louis, MO 63111,549 Bates ST
St Louis, MO 63111,549 Bates ST
St Louis, MO 63111,549 Bates ST
Additional details
Joe LoPiccolo

Joe LoPiccolo

+1(314) 422-0125
$345,000
Est. payment /mo
7,536 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Pending

Purchase Type For Sale

Subdivision Thomas Add

MLS Listing ID 25026801

Year Built 1914

Lot Size 7,536 Sqft

Acres 0.173

Lot Dimensions 54x139x55x138

Property Sub-Type 5 Family or More

Property Description

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!

Location

State MO

County St Louis City

Area 3 - South City

Interior

Heating Forced Air, Natural Gas

Cooling Window Unit(s)

Fireplace N

Appliance Gas Water Heater

Exterior

Parking Features false

Building

Sewer Public Sewer

Water Public

Schools

Elementary Schools Woodward Elem.

Middle Schools Lyon-Blow Middle

High Schools Roosevelt High

School District St. Louis City

Others

Acceptable Financing Cash, Conventional, Private Financing Available, Other

Listing Terms Cash, Conventional, Private Financing Available, Other

Special Listing Condition Standard

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Listed by Julie Thorngren • EXP Realty, LLC

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agent

Joe LoPiccolo

+1(314) 422-0125

Broker Associate | License ID: 2005026477

Broker Associate License ID: 2005026477

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