5500 Pershing Avenue

St. Louis MO 63112

10019 sq. ft.

Multi-Family

Anthony Klier, last sold this property on 31 March 2025 after -46 days on market.

Overview

5500 Pershing presents a once in a lifetime opportunity to own 16 units in one of the most sought after areas of St Louis, located on just the other side of Forest Park. This entire block is filled with Washington University and Saint Louis University students + Barnes Jewish Hospital nurses/ employees. There are 14 one bed/one bath units that are fully renovated with IN UNIT LAUNDRY, granite counters and vinyl flooring- that currently rent for $1100/month. There are 2 studio units that rent for $875/month. The Net Operating Income generated from this property in 2024 was $145,763 which put this property at an in-place cap rate of 7.26%. The building has been updated with PVC plumbing, copper electric and has a beautiful all brick exterior. This is one of the few properties on this street with central air so you can keep your expenses low. This building is fully occupied, tours will be on March 13th. Call listing agent for Rent Roll, three years of profit/loss and other financials.

Features

10019 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in St. Louis over the last 12 months, the estimated median property value of 5500 Pershing Avenue is $0.

Median value

Estimated value range

$0 - $0

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in St. Louis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5500 Pershing Avenue

2025

Sold

Undisclosed

31 Mar 2025 by Anthony Klier, of The Agency

Happy sellers in St. Louis

We have insufficient information to provide an overview of customer satisfaction for St. Louis. Viewing the agent profiles, reviews and sales for St. Louis can provide insights for this location.