For Sale

Listed by George Ermold from Elevate Realty, Llc

Source: Mid America Regional Information Systems, Inc. #25079112

6416 Cates Avenue, University City, MO, 63130

$1,145,000

4
7992 sq. ft.
5706.36 sq. ft.

MultiFam

30+ days on the market

What's around 6416 Cates Avenue

About this property

Located just a 1/2 mile from the vibrant Delmar Loop, this updated 4-unit building offers an ideal combination of location, privacy, and long-term value. Positioned in a high-demand area with continued investment and infrastructure enhancements driven by Washington University, this property is well-situated for both tenants and owners. Each of the four spacious 2BD/2BA units features an open-concept layout with upscale finishes, including stainless steel appliances, granite countertops, and generous walk-in closets. Residents enjoy the convenience of elevator access, the privacy of occupying their own floor, and a dedicated garage space per unit—either one tuck-under or one garage space located at the rear of the building. This turnkey multifamily opportunity offers flexible ownership options: hold as a solid income-producing asset or owner-occupy one unit while offsetting expenses with rental income from the remaining units. Recent improvements include three new water heaters (2021–2022) and a new roof (2017). Don’t miss the opportunity to call 6416 Cates Avenue home or add it to your investment portfolio! Preferred to be sold as-is on a Special Sales Contract.

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