5500 Pershing Avenue
St Louis, MO 63112
- – beds
- – baths
- – sqft
- 10,019 sqft lot
- 1919 build
- – on site
More homes
5500 Pershing presents a once in a lifetime opportunity to own 16 units in one of the most sought after areas of St Louis, located on just the other side of Forest Park. This entire block is filled with Washington University and Saint Louis University students + Barnes Jewish Hospital nurses/ employees. There are 14 one bed/one bath units that are fully renovated with IN UNIT LAUNDRY, granite counters and vinyl flooring- that currently rent for $1100/month. There are 2 studio units that rent for $875/month. The Net Operating Income generated from this property in 2024 was $145,763 which put this property at an in-place cap rate of 7.26%. The building has been updated with PVC plumbing, copper electric and has a beautiful all brick exterior. This is one of the few properties on this street with central air so you can keep your expenses low. This building is fully occupied, tours will be on March 13th. Call listing agent for Rent Roll, three years of profit/loss and other financials.
Last checked:
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Last updated May 2, 2025
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MLS# 25013303 —
The Building
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Year Built:1919
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Basement:false
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Number Of Units Total:16
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Number Of Buildings:1
Interior
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Fireplace:false
Financial & Terms
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Possession:Close Of Escrow
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Listing Terms:Cash, Conventional, 1031 Exchange
Location
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Longitude:-90.278588
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Latitude:38.647635
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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Lot Size Units:Acres
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Lot Size Dimensions:53x190
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Parcel Number:3873-00-0153-0
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Waterfront:false
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Lot Size Area:0.23
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Lot Size Acres:0.23
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Lot Size Square Feet:10,019 Sqft
Listing Agent
- Contact info:
- Agent phone:
- (314) 677-1477
- Office phone:
- (314) 677-1477
Taxes
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Tax Year:2024
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Tax Annual Amount:$13,652
Heating & Cooling
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Cooling:Central Air, Electric
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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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High School:Sumner High
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Elementary School:Ford Ford Br. Elem. Comm. Ed.
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High School District:St. Louis City
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Middle School:Langston Middle
The Community
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Pool:No
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Subdivision Name:City/St Louis
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Neighborhood:De Baliviere Place
Parking
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Garage:false
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Carport:false
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Parking Features:Open, Parking Lot
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/31/25
Mar 31, 2025
|
Sold | MARIS | $1,750,000 |
