Investors—here’s your chance to secure 10 units in South City with strong cash flow and long-term upside. This well maintained 4-family is being sold as a package with its neighboring 6-unit building (549 Bates, MLS #25026801), offering a rare opportunity to acquire a turnkey portfolio in a stable rental market! Each unit features 1 bedroom, 1 bathroom, ample living space, modern updates, some stainless steel appliances, well-kept back decks, and some newer major systems that will reduce your maintenance costs. Market rent for each unit is $800/month. Tenants enjoy the off-street parking, basement storage and a fully fenced backyard. These amenities will help ensure long-term tenancy and rentability. With a solid tenant base already in place and potential for future rent increases, this is the perfect opportunity for any investor looking to grow in 2025. You will be proud to own these charming South City buildings for years to come!
Closed
Price Unknown
545 Bates St, Saint Louis, MO 63111
4beds
0baths
--sqft
Multi Family
Built in 1909
-- sqft lot
$312,800 Zestimate®
$--/sqft
$1,202 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 10, 2025 at 11:25am
Listing Provided by:
Julie A Thorngren 636-375-1462,
EXP Realty, LLC,
David P Ounanian 314-807-0657,
EXP Realty, LLC
Bought with:
Leah M Agnew, 2019008196
EXP Realty, LLC
Source: MARIS,MLS#: 25025704
Originating MLS: St. Louis Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 0
Heating
- Forced Air, Natural Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: Off Street
Lot
- Size: 6,163 sqft
- Dimensions: 45 x 139 x 44 x 139
Details
- Parcel number: 28520001000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Condition
- Year built: 1909
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Saint Louis
- Subdivision: Thomas Add
Other
Other facts
- Listing terms: Cash,Conventional,Private Financing Available,Other
- Ownership: Private