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5909 Cates Ave, Saint Louis, MO 63112

Saint Louis
Local realty services provided by:CENTURY 21 Bailey & Co.
5909 Cates Ave,St Louis, MO 63112
$1,000,000
  • - Beds
  • - Baths
  • 9,681 sq. ft.
  • Multi-family
  • Pending
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:47 day(s) ago
  • Updated:July 28, 2026 at 08:27 AM

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
MLS LogoCopyright 2026 Mid-America Regional Information Systems. All rights reserved. Listings courtesy of Mid-America Regional Information Systems as distributed by MLS GRID <Last Updated July 28, 2026. Mid-America Regional Information Systems provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Mid-America Regional Information Systems will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Mid-America Regional Information Systems. MO_MARIS Member Broker: Tina Besserman

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