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(314) 887-7653
Real Estate Company
549 Bates St, St Louis, MO 63111
- $412,519
- Sold Price
- $412,519
- List Price
- $345,000
- Closing Date
- Jul 09, 2025
- Days on Market
- 75
- MLS#
- 25026801
- Status
- CLOSED
- Lot Size
- 7,536
- Acres
- 0.17
- Year Built
- 1914
- Subdivision
- Thomas Add
- Municipality
- St. Louis City
- County
- St Louis City
- Listing Type
- Multifamily
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!
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Additional Information
- School District
- St. Louis City
- Elementary School
- Woodward Elem.
- Jr. High School
- Lyon-Blow Middle
- Sr. High School
- Roosevelt High
- Parking Description
- On Street
- Cooling
- Window/Wall
- Sewer
- Public Sewer
- Heating
- Forced Air, Natural Gas
- Water
- Public
- Selling Terms
- Cash, Conventional, Private Financing Available, Other
Listing courtesy of Julie Thorngren. EXP Realty, LLC
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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.