5815 Cates Avenue
St Louis, MO 63112
- – beds
- – baths
- 22,372 sqft
- 10,459 sqft lot
- $40 per sqft
- 1928 build
- – on site
Prime Investment Opportunity in the Central West End! Expand your portfolio with this 24-unit multifamily property in the thriving Central West End, just minutes from the Delmar Loop, Washington University, BJC Healthcare, and Forest Park. Surrounded by top dining, shopping, and cultural attractions, this prime location drives strong rental demand—ideal for students, professionals, and healthcare workers. The property features 6 studios, 12 one-bedroom units, and 6 two-bedroom units, with the potential to reconfigure layouts for increased income. Additionally, there are 12 parking spaces in the underground garage. Recent upgrades, including a newer roof, windows, and tuck-pointing, add long-term value and appeal. With ongoing revitalization in the area, this is a rare chance to secure a high-potential asset in a growing market. Sold as-is, with the seller to make no inspections or repairs.
Last checked:
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Last updated May 7, 2025
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MLS# 25019707 —
The Building
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Year Built:1928
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Number Of Buildings:1
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Construction Materials:Brick
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Architectural Style:Mid-Rise 3or4 Story
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Number Of Units Total:24
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Basement:false
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Above Grade Finished Area:22,372 Sqft
Interior
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Fireplace:false
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Living Area:22372
Financial & Terms
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Possession:Close Of Escrow
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Listing Terms:Cash, Conventional, Private Financing Available
Location
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Longitude:-90.286675
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Latitude:38.658041
The Property
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Property Condition:Fixer
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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:3861-00-0140-0
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Lot Size Acres:0.2401
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Lot Size Area:0.24
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Lot Size Units:Acres
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Lot Size Square Feet:10,459 Sqft
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Lot Size Dimensions:157 x 67
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Lot Size Source:Public Records
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (314) 298-5200
- Office phone:
- (314) 298-5200
Taxes
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Tax Year:2024
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Tax Annual Amount:$875
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:Hamilton Elem. Community Ed.
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Middle School:Langston Middle
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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:Clemens Place Add
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Neighborhood:West End
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Pool:No
Parking
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Parking Features:Garage, Underground
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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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/2/25
May 2, 2025
|
Listed / Active | MARIS | $900,000 | 1536.4% (119.5% / YR) |
|
6/22/12
Jun 22, 2012
|
MARIS | $55,000 |
