Listing provided courtesy of Coldwell Banker Realty - GundakerMLS# 25019707MLS Provider
  • 455 days on site
  • 2 views

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.

Source: Missouri - MARIS MLS, MLS#: 25019707

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  • Property Type
    Residential Income
  • Lot
    0.24 acres

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Melanie Jacobs McGraw

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 5815 Cates Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/26/2026Source: Missouri - MARIS MLS Price Reduction
$780,000 -2.5%
2/1/2026Source: Missouri - MARIS MLS Status Change
Active
11/7/2025Source: Missouri - MARIS MLS Status Change
Pending
8/28/2025Source: Missouri - MARIS MLS Price Reduction
$800,000 -11.1%
4/29/2025Source: Missouri - MARIS MLS Added to Database
April 29, 2025
4/29/2025Source: Missouri - MARIS MLS Added to Database
April 29, 2025