Homes for sale - 5300 Maple AVE, St Louis, MO 63112

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Kris Yoon

kris@homeinstlouis.com +1(314) 520-7980

$1,600,000

Est. payment - /mo

21,696 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Active

Purchase Type For Sale

Square Footage 21,696 sqft

Price per Sqft $73

Subdivision Dwyers Add

MLS Listing ID 25056291

Style Apartment Style,Garden,Historic,Traditional

Year Built 1908

Annual Tax Amount $8,588

Lot Size 0.364 Acres

Acres 0.3636

Property Sub-Type 5 Family or More

Property Description

Let's play real life Monopoly! Here's your chance to own a prime investment property in the highly sought-after West End neighborhood of St. Louis City. This package features two side-by-side, stone-front, all-brick apartment buildings offering a total of 18 units - 16 spacious 2BR, 1BA apartments and two 1BR, 1BA apartments. The buildings are well maintained and have undergone several renovations, including a newer roof, updated decks, plumbing, electric, some new windows, exterior painting, wooden privacy fencing, gated entry, and security lighting. Eight-megapixel cameras provide added peace of mind, and some HVAC systems have been replaced. 16 apartments have been fully renovated, leaving just two in need of updates. This is an outstanding long-term investment with immediate upside potential. Current rents are well below market, and comparable rents in the area should range between $1,000 and $1,300/month. With 4 current vacancies, the property is priced at a 7% cap rate and offers the strong potential for double-digit returns once stabilized. The location is nothing short of fantastic. Situated just minutes from Forest Park, Barnes-Jewish Hospital, Washington University, the Delmar Maker District, and the Central West End, this property benefits from consistently strong rental demand and unbeatable neighborhood appeal. A rare opportunity to acquire a turnkey, income-producing asset with room to grow—this property is ready to be the next cornerstone of your portfolio!

Location

State MO

County St Louis City

Area 4 - Central West

Rooms

Basement Concrete, Exterior Entry, Full, Walk-Out Access, Walk-Up Access

Interior

Interior Features Ceiling Fan(s), Dining/Living Room Combo, Laminate Counters, Tub

Heating Forced Air

Cooling Central Air

Flooring Carpet, Luxury Vinyl

Fireplace N

Laundry In Basement

Exterior

Exterior Feature Courtyard, Lighting, Storage

Parking Features false

Fence Privacy, Wood, Wrought Iron

View Y/N No

Roof Type Architectural Shingle,Flat,Mansard,Tar/Gravel

Private Pool false

Building

Lot Description Back Yard, Front Yard, Gentle Sloping, Landscaped, Near Golf Course, Near Park, Near Public Transit

Water Public

Level or Stories Three Or More

Structure Type Brick,Stone Veneer

Schools

Elementary Schools Ford-Ford Br. Elem. Comm. Ed.

Middle Schools Langston Middle

High Schools Sumner High

School District St. Louis City

Others

Ownership Private

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Read Less Info

Listed by Lawrence Berry • Focus Realty Group, LLC

"As a lifelong resident of St. Louis, local real estate investor and full time professional Realtor, I will provide unparalleled market knowledge, exceptional communication and a focus on your satisfaction."

+1(314) 520-7980

kris@homeinstlouis.com

St Louis, MO, USA

5300 Maple AVE St Louis, MO 63112