545 Bates St, St Louis, MO 63111

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Sold Price
$311,198
List Price
$255,000
Closing Date
Jul 09, 2025
Days on Market
75
MLS#
25025704
Status
CLOSED
Lot Size
6,164
Acres
0.14
Year Built
1909
Subdivision
Thomas Add
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

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!

Additional Information

School District
St. Louis City
Elementary School
Woodward Elem.
Jr. High School
Lyon-Blow Middle
Sr. High School
Roosevelt High
Parking Description
Off 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

Selling Office: EXP Realty, LLC.

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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID.


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