Seller's Agent in 2022
Mary Lewis
Mary Lewis Realty
(314) 409-2042
1 in this area
44 Total Sales
6424 Cates Ave Saint Louis, MO 63130
Studio
4
Baths
4,356
Sq Ft
5,184
Sq Ft Lot
About This Home
As of February 2022Wonderful opportunity to invest in a turn-key 4-unit apartment building right in the heart of the booming Delmar Loop.
Offered at an 8.52% Cap Rate Return,6424 Cates boasts $1325 rents on all four units leased through May/June 2022.Great updates throughout, almost all PVC plumbing and copper supply, updated electrical panels, tile flooring in the kitchens, updated bathrooms and kitchens, - NO need for any major updates to achieve great cash-flows for years to come. Full roof repair in 2018, new vinyl windows everywhere. These sizable 2-bedroom units have sunrooms often used as a third bedroom. Fenced-in back yard, and four spots of off street parking.
With the continual development in the Delmar Loop and the nearby Washington University, this neighborhood has performed incredibly well for investors and is positioned nicely for future growth...Call today before it's gone!
Last Agent to Sell the Property
Mary Lewis Realty License #2000163644 Listed on: 01/04/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1927
Lot Details
- 5,184 Sq Ft Lot
- Partially Fenced Property
Parking
- Off-Street Parking
Home Design
- 4,356 Sq Ft Home
- Quadruplex
Schools
- Flynn Park Elem. Elementary School
- Brittany Woods Middle School
- University City Sr. High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Basement
Listing and Financial Details
- Tenant pays for electric, gas
- Assessor Parcel Number 18H-43-1166
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/10/2022 02/10/22 | Sold | -- | -- | -- | |
| 01/04/2022 01/04/22 | Pending | -- | -- | -- | |
| 01/04/2022 01/04/22 | For Sale | $574,900 | +4.7% | $132 / Sq Ft | |
| 07/24/2020 07/24/20 | Sold | -- | -- | -- | View Prior Sale |
| 02/29/2020 02/29/20 | For Sale | $549,000 | -- | $126 / Sq Ft |
Source: MARIS MLS
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 | $8,099 | $112,860 | $30,510 | $82,350 |
| 2024 | $8,099 | $108,830 | $42,920 | $65,910 |
| 2023 | $8,099 | $108,830 | $42,920 | $65,910 |
| 2022 | $7,099 | $88,310 | $38,150 | $50,160 |
| 2021 | $7,000 | $88,310 | $38,150 | $50,160 |
| 2020 | $5,220 | $63,840 | $13,600 | $50,240 |
| 2019 | $5,172 | $63,840 | $13,600 | $50,240 |
| 2018 | $5,056 | $57,310 | $9,520 | $47,790 |
| 2017 | $5,065 | $57,310 | $9,520 | $47,790 |
| 2016 | $4,133 | $44,420 | $7,620 | $36,800 |
| 2015 | $4,159 | $44,420 | $7,620 | $36,800 |
| 2014 | $4,086 | $42,660 | $5,400 | $37,260 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Lewis
-
Julie Haefner
Buyer's Agent in 2022
Julie Haefner
Compass Realty Group
(314) 409-7969
5 in this area
221 Total Sales
-
Evan Kuhn
E
Seller's Agent in 2020
Evan Kuhn
Evan Kuhn, Broker
(630) 639-7069
3 in this area
21 Total Sales
Map
Source: MARIS MLS
MLS Number: MIS22000385
APN: 18H-4-3-116-6
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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