5815 Cates Ave Saint Louis, MO 63112
West End NeighborhoodEstimated payment $4,208/month
About This Home
Back on the market at no fault of the Seller. Prime Investment Opportunity in the Central West End! Expand your portfolio with this 24-unit multifamily property in the thriving Central West End, just minutes from the Delmar Loop, Washington University, BJC Healthcare, and Forest Park. Surrounded by top dining, shopping, and cultural attractions, this prime location drives strong rental demand—ideal for students, professionals, and healthcare workers. The property features 6 studios, 12 one-bedroom units, and 6 two-bedroom units, with the potential to reconfigure layouts for increased income. Additionally, there are 12 parking spaces in the underground garage. Recent upgrades, including a newer roof, windows, and tuck-pointing, add long-term value and appeal. With ongoing revitalization in the area, this is a rare chance to secure a high-potential asset in a growing market. Sold as-is, with the seller to make no inspections or repairs.
Listing Agent
Coldwell Banker Realty - Gundaker License #2019026404 Listed on: 04/14/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $875
Year Built
- Built in 1928
Lot Details
- 10,459 Sq Ft Lot
- Lot Dimensions are 157 x 67
Home Design
- 22,372 Sq Ft Home
- Fixer Upper
- Brick Exterior Construction
Bedrooms and Bathrooms
- 24 Bedrooms
Parking
- Garage
- Subterranean Parking
Schools
- Hamilton Elem. Community Ed. Elementary School
- Langston Middle School
- Sumner High School
Community Details
- 24 Units
- Mid-Rise Community
Listing and Financial Details
- Assessor Parcel Number 3861-00-0140-0
Map
Home Values in the Area
Average Home Value in this Area
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 | $875 | $10,450 | $2,090 | $8,360 |
| 2024 | $832 | $10,450 | $2,090 | $8,360 |
| 2023 | $832 | $10,450 | $2,090 | $8,360 |
| 2022 | $864 | $10,450 | $2,090 | $8,360 |
| 2021 | $863 | $10,450 | $2,090 | $8,360 |
| 2020 | $856 | $10,450 | $2,090 | $8,360 |
| 2019 | $853 | $10,450 | $2,090 | $8,360 |
| 2018 | $880 | $10,450 | $2,090 | $8,360 |
| 2017 | $865 | $10,450 | $2,090 | $8,360 |
| 2016 | $876 | $10,450 | $2,090 | $8,360 |
| 2015 | $793 | $10,450 | $2,090 | $8,360 |
| 2014 | $793 | $10,450 | $2,090 | $8,360 |
| 2013 | -- | $10,450 | $2,090 | $8,360 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/27/2026 04/27/26 | Price Changed | $780,000 | -2.5% | $35 / Sq Ft |
| 02/02/2026 02/02/26 | For Sale | $800,000 | 0.0% | $36 / Sq Ft |
| 10/28/2025 10/28/25 | Pending | -- | -- | -- |
| 08/28/2025 08/28/25 | Price Changed | $800,000 | -11.1% | $36 / Sq Ft |
| 04/14/2025 04/14/25 | For Sale | $900,000 | -- | $40 / Sq Ft |
| 03/31/2025 03/31/25 | Off Market | -- | -- | -- |
Source: MARIS MLS
MLS Number: MIS25019707
APN: 386100-01400
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Ask me questions while you tour the home.