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5909 Cates Ave, Saint Louis, MO 63112

Saint Louis
Local realty services provided by:CENTURY 21 Broughton Team
5909 Cates Ave,St Louis, MO 63112
$1,000,000
  • - Beds
  • - Baths
  • 9,681 sq. ft.
  • Multi-family
  • Active
Listed by: benjamin wedi, david ounanian
Office: exp realty, llc.
MLS#:26036707
Source:MO_MARIS

Price summary

  • Price:$1,000,000
  • Price per sq. ft.:$103.3

About this home

Rare opportunity to acquire a fully repositioned 6-unit multifamily building in the heart of St. Louis's historic West End — steps from the Central West End, Washington University, the Delmar Loop, and Forest Park. This classic 3-story brick walk-up has undergone a comprehensive $550,000 renovation, delivering six spacious 3-bedroom/2-bathroom units averaging 1,500 SF each — one of the largest unit configurations available in this submarket. All interior work is 100% complete, including premium new kitchens, updated bathrooms, modern flooring, and brand-new mechanical, electrical, and plumbing systems throughout. Four units are currently occupied with leases in place, and two turnkey-ready units are available for immediate lease-up at market rate. Current in-place income is $7,379/month with a stabilized annual income of $132,108 including utility reimbursements. At the $1,000,000 list price, the property delivers a 9.79% acquisition cap rate — significantly above the local market...

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Home facts

  • Year built:1923
  • Listing ID #:26036707
  • Added:2 day(s) ago
  • Updated:June 12, 2026 at 07:51 PM

Rooms and interior

  • Basement:Yes
  • Living area:9,681 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Forced Air, Natural Gas
  • Central air:Yes

Structure and exterior

  • Year built:1923
  • Building area:9,681 sq. ft.
  • Lot area:0.25 Acres
  • Architectural Style:Mid-Rise 3or4 Story
  • Construction Materials:Brick

Schools

  • High school:Sumner High
  • Middle school:Langston Middle
  • Elementary school:Hamilton Elem. Community Ed.

Utilities

  • Water:Public

Finances and disclosures

  • Price:$1,000,000
  • Price per sq. ft.:$103.3

Parking

  • Parking description:Off Street
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