Properties

Commercial Sale For Sale

549 Bates Street, St Louis, Missouri 63111

QR Code
Property 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!

Basic Details
Property Type : Commercial Sale
Listing ID : 25026801
Price : $345,000
Year Built : 1914
Lot Area : 0.17 Acre
Status : Active
Property Sub Type : Multi-Family 5+
Features
Heating System : Forced Air
Cooling System : Window Unit(s)
Parking : On Street
SchoolDistrict : St. Louis City
Taxes Paid : $0
Sewer : Public Sewer
Address Map
Directions : GPS Friendly - Please do not disturb tenants.
Mls Area Major : South City
Neighborhood
Elementary School : Woodward Elem.
High School : Roosevelt High
High School District : St. Louis City
Middle School : Lyon-Blow Middle
Additional Information
Lot Size Dimensions : 54x139x55x138
Number Of Units Total : 6
Previous Price : 360000
Water Source : Public
Financial
Tax Annual Amount : 1778
Listing Information
List Agent Mls Id : JTHORNGR
List Office Mls Id : EXRT01
Modification Timestamp : 2025-05-06T02:44:05Z
Originating System Name : MARIS
Special Listing Conditions : None
Status Change Timestamp : 2025-04-25T15:30:50Z
Co List Agent Mls Id : DOUNANIA
Co List Office Mls Id : EXRT01
Co List Office Name : EXP Realty, LLC
Commercial Sale
  • Listing ID : 25026801
  • Lot Area : 0.17 Acre
$345,000
Agent info
1 Degree Realty
8930 Gravois Road
Contact Agent