
5509 Palm St Saint Louis, MO 63120
Wells-Goodfellow NeighborhoodAbout This Home
As of January 2025**Incredible Investment Opportunity in St. Louis!** This 4-family building features an impressive cap rate and is perfect for savvy investors. Entire building has been updated to include new electric, new plumbing, new roof, plus tuckpointing. Three of the four units have been recently updated with modern finishes, ensuring strong rental appeal and immediate cash flow. One unit awaits your personal touch, providing a chance to increase value and rental income. Located in a desirable neighborhood with easy access to transportation, shopping, and dining, this property promises high demand from renters. Don’t miss out on this fantastic investment opportunity—schedule your showing today
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Select Properties License #2001010458 Listed on: 11/18/2024

Last Buyer's Agent
Berkshire Hathaway HomeServices Select Properties License #2019019372

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $205
Year Built
- Built in 1924
Lot Details
- 5,101 Sq Ft Lot
- Lot Dimensions are 63x81
Parking
- On-Street Parking
Home Design
- 3,360 Sq Ft Home
- Brick Exterior Construction
Schools
- Cote Brilliante Elem. Elementary School
- Langston Middle School
- Sumner High School
Additional Features
- 2 Bedrooms
- Forced Air Heating System
Community Details
- Net Operating Income $16,295
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 5930-00-0120-0
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Similar Homes in Saint Louis, MO
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | None Listed On Document | |
Warranty Deed | -- | None Listed On Document | |
Special Warranty Deed | -- | None Available | |
Trustee Deed | $129,071 | None Available | |
Warranty Deed | -- | Copper Land & Title | |
Quit Claim Deed | -- | -- | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $92,000 | New Conventional | |
Previous Owner | $11,500 | Credit Line Revolving |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/14/2025 01/14/25 | Sold | -- | -- | -- |
12/09/2024 12/09/24 | Pending | -- | -- | -- |
11/18/2024 11/18/24 | For Sale | $185,000 | +183.5% | $55 / Sq Ft |
11/18/2024 11/18/24 | Off Market | -- | -- | -- |
03/20/2015 03/20/15 | Sold | -- | -- | -- |
03/20/2015 03/20/15 | For Sale | $65,250 | -- | $19 / Sq Ft |
03/02/2015 03/02/15 | Pending | -- | -- | -- |
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $214 | $2,290 | $380 | $1,910 |
2024 | $205 | $2,220 | $380 | $1,840 |
2023 | $205 | $2,220 | $380 | $1,840 |
2022 | $209 | $2,190 | $380 | $1,810 |
2021 | $209 | $2,190 | $380 | $1,810 |
2020 | $207 | $2,190 | $380 | $1,810 |
2019 | $207 | $2,190 | $380 | $1,810 |
2018 | $204 | $2,090 | $380 | $1,710 |
2017 | $201 | $2,090 | $380 | $1,710 |
2016 | $240 | $2,530 | $820 | $1,710 |
2015 | $220 | $2,530 | $820 | $1,710 |
2014 | $348 | $4,240 | $820 | $3,420 |
2013 | -- | $4,220 | $820 | $3,400 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Duan Lee
Berkshire Hathway Home Services
(314) 575-9026
1 in this area
86 Total Sales
-
Buyer's Agent in 2025
Faith Hampton
Berkshire Hathway Home Services
(314) 368-2638
1 in this area
35 Total Sales
-
A
Seller's Agent in 2015
Alonzo Reed
Reed, REALTORS
(314) 389-6000
22 Total Sales
-
Buyer's Agent in 2015
CHARLES PARTEE
Innovative Realty LLC
(314) 414-3401
24 Total Sales
Map
Source: MARIS MLS
MLS Number: MIS24071881

APN: 5930-00-0120-0
- 3421 Belt Ave
- 5723 Labadie Ave
- 2810 Arlington Ave
- 2615 Burd Ave
- 5144 Palm St
- 5658 Maffitt Ave
- 5132 Palm St
- 5226 Saint Louis Ave
- 2806 Union Blvd
- 2742 Goodfellow Blvd
- 5344 Northland Ave
- 5379 Wabada Ave
- 5119 Terry Ave
- 5717 Lotus Ave
- 5220 Highland Ave
- 5109 Northland Ave
- 1636 Belt Ave
- 4232 Dressell Ave
- 4941 Lexington Ave
- 5895 Highland Ave Unit 2