- – beds
- – baths
- 5,280 sqft
- 8,751 sqft lot
- $10 per sqft
- 1925 build
- – on site
Big Price Reduction Just Taken! This 8-plex apartment building located at 5154 Palm Street offers a tremendous opportunity for the right investor or developer. Situated in a growing neighborhood of St. Louis, this property is a blank canvas ready for renovation. Currently vacant and in need of significant rehab, it has the potential to be transformed into a profitable rental asset or a multi-family project. The property features 8 individual 2BR/1 Bath units, providing ample space for value-add improvements. With the right vision and investment, this building can be restored to its former glory, bringing strong cash flow and long-term value. Whether you're a seasoned investor looking for a project or a developer seeking to revitalize an area, 5154 Palm Street is an ideal opportunity. Be Sure to check into potential funds and grants available through the city and special programs! Seller Financing May Be Available Also. Seller to Do No Repairs.
Last checked:
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Last updated Jun 13, 2025
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MLS# 24075217 —
The Building
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Year Built:1925
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Number Of Buildings:1
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New Construction:false
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Construction Materials:Brick
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Architectural Style:Low/1-2
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Number Of Units Total:8
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Basement:false
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Above Grade Finished Area:5,280 Sqft
Interior
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Units Furnished:None
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Fireplace:false
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Living Area Source:Assessor
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Living Area:5280
Financial & Terms
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Listing Terms:Cash, Owner May Carry, Private Financing Available
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Ownership Type:Private
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Possession:Close Of Escrow, Negotiable
Location
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Longitude:-90.256483
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Latitude:38.677042
The Property
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Property Sub Type:5 Family or More
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Property Type:Residential Income
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Parcel Number:5954-00-0020-0
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Lot Size Acres:0.2009
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Lot Size Area:0.2
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Lot Size Units:Acres
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Lot Size Square Feet:8,751 Sqft
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Lot Size Dimensions:70x125
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Lot Size Source:Public Records
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (636) 265-3330
- Office phone:
- (636) 265-3330
Taxes
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Tax Year:2023
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Tax Annual Amount:$518
Heating & Cooling
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Cooling:Other
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Heating:Other
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Other
Schools
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Elementary School:Lexington Elem.
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Middle School:Yeatman Liddell Middle School
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High School:Sumner High
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High School District:St. Louis City
The Community
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Subdivision Name:Hedgeleigh Park Add
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Neighborhood:Kingsway West
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Association Fee Frequency:None
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Pool:No
Parking
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Parking Features:On Street
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Garage:false
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Carport:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/13/25
Jun 13, 2025
|
Pending | MARIS | $55,000 | |
5/12/25
May 12, 2025
|
Price Changed | MARIS | $55,000 | -30.4% |
5/1/25
May 1, 2025
|
Listed / Active | MARIS | $79,000 |