Back to Search Results

5815 Cates Avenue, St Louis City, MO, 63112

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. Reasonable offers will be considered.

Subdivision: Clemens Place Add

List Price

$ 780,000

Status

Active

Days on market

449

MLS#

25019707

Bedrooms

0

Full baths

0

Sq. Ft. Above

22,372

Subdivision

Clemens Place Add

Municipality

St Louis City

School District

St. Louis City

County

St Louis City

Property Type

Residential Income

Style

Mid-Rise 3or4 Story

Transaction Type

Sale

Type

Residential Income

Age

97

Conditions

Apartment Complex,Needs Rehab

Additional Information

Property Tax (2024)

$875

Recent Nearby Sales in 63112

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
5928 De Giverville Avenue, St Louis City, MO 63112 4/3 1,926 $365,000 $375,000
102.7% of ask
Jul 1, 2026
5345 Pershing, 2B, St Louis City, MO 63112 2/1 1,191 $1,650 $1,650
100% of ask
Jul 1, 2026
6023 Maple Avenue, St Louis City, MO 63112 5/3 2,240 $298,000 $292,000
98% of ask
Jul 1, 2026
5345 Wells Avenue, 2nd Floor, St Louis City, MO 63112 3/1 1,127 $1,095 $1,095
100% of ask
Jul 1, 2026
5571 Waterman Boulevard, D, St Louis City, MO 63112 2/2 1,228 $230,000 $233,000
101.3% of ask
Jun 30, 2026
5501 Waterman Boulevard, B, St Louis City, MO 63112 2/2 1,208 $140,000 $115,000
82.1% of ask
Jun 30, 2026

Price & Listing History

Listed for sale
Apr 14, 2025 at $800,000
Price reduced by $20,000 (2.5%)
From $800,000 to $780,000
Current status: Active
As of May 25, 2026 · $780,000

Mortgage Estimator

Estimate your monthly payment. Adjust the sliders below.

Estimated Monthly Payment
$0
Principal & Interest: $0 · Tax: $0 · Ins: $0
Loan Amount: $0
Total Interest: $0
Total of Payments: $0
A MORE, REALTORS® agent will connect you with a trusted local lender.

Estimate only. Not a loan offer. Consult a lender for an accurate quote, including HOA fees, PMI, and current rates.