549 Bates, St Louis, Missouri

$345,000
Active
549 Bates, St Louis, Missouri
549 Bates, St Louis, Missouri
549 Bates, St Louis, Missouri
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Property Details

MLS ID: 25026801
Status: Active
Price: $345,000
Acres: 0.17±
Type: Multi-Family, Commercial
Address: 549 Bates
City, State: St Louis, MO
County: St Louis City County
ZIP Code: 63111
Parcel Number: 2852-00-0110-0
Year Built: 1914

Description

Investors—don’t miss this rare opportunity to secure 10 units in the heart of South City with strong cash flow and long-term upside. This well-maintained 6-unit building is being sold as a package with its neighboring 4-family building (545 Bates, MLS #25025704), offering a turnkey portfolio in one of the most stable and desirable rental markets. 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 help minimize maintenance costs. Market rent per unit is $800/month. Tenants appreciate the off-street parking, basement storage, and a fully fenced backyard—amenities that drive tenant satisfaction and long-term tenancy. With solid tenants 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, income-producing South City properties for years to come!

Directions: GPS Friendly - Please do not disturb tenants.

Amber Cole

Amber Cole

Sports Afield Real Estate

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Listed By: Julie Thorngren of Exp Realty, Llc

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