545 Bates Street
St Louis, MO 63111
- – beds
- – baths
- – sqft
- 6,164 sqft lot
- 1909 build
- – on site
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!
Last checked:
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Last updated May 6, 2025
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MLS# 25025704 —
The Building
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Year Built:1909
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Architectural Style:Other
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Unit Count:4
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Number Of Units Total:4
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Basement:false
Interior
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Fireplace:false
Financial & Terms
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Possession:Close Of Escrow, Subject To Tenant Rights
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Ownership Type:Private
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Listing Terms:Cash, Conventional, Private Financing Available, Other
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Lease Considered:true
Location
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Longitude:-90.247583
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Latitude:38.565272
The Property
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Property Sub Type:2-4 Units
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Property Type:Residential Income
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Parcel Number:2852-00-0100-0
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Lot Size Acres:0.1415
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Lot Size Area:0.14
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Lot Size Units:Acres
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Lot Size Square Feet:6,164 Sqft
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Lot Size Dimensions:45x139x44x139
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (866) 224-1761
- Office phone:
- (866) 224-1761
Taxes
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Tax Year:2024
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Tax Annual Amount:$853
Heating & Cooling
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Cooling:Wall/Window Unit(s)
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Heating:Forced Air, Natural Gas
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Gas Water Heater
Schools
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Elementary School:Woodward Elem.
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Middle School:Lyon Blow Middle
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High School:Roosevelt High
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High School District:St. Louis City
The Community
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Subdivision Name:Thomas Add
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Neighborhood:Carondelet
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Pool:No
Parking
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Parking Features:Off 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 |
|---|---|---|---|---|
|
5/5/25
May 5, 2025
|
Price Changed | MARIS | $255,000 | -3.8% |
|
5/2/25
May 2, 2025
|
Listed / Active | MARIS | $265,000 | 14.4% (3.7% / YR) |
|
6/16/21
Jun 16, 2021
|
MARIS | $231,600 | 31.8% |
