SoldJul 9, 2025

Listed by Julie Thorngren and David Ounanian

Bought with Leah Agnew

Source: Mid America Regional Information Systems, Inc. #25025704

545 Bates Street, St. Louis, MO, 63111

Amount undisclosed

6164 sq. ft.

MultiFam

30+ days on the market

Sold: Jul 9, 2025

What's around 545 Bates Street

About this property

Investors?here?s your chance to secure 10 units in South City with strong cash flow and long-term upside. This well maintained 4-family is being sold as a package with its neighboring 6-unit building (549 Bates, MLS #25026801), offering a rare opportunity to acquire a turnkey portfolio in a stable rental market! 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 will reduce your maintenance costs. Market rent for each unit is $800/month. Tenants enjoy the off-street parking, basement storage and a fully fenced backyard. These amenities will help ensure long-term tenancy and rentability. With a solid tenant base 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 South City buildings for years to come!

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