Active
5300 Maple Avenue
St Louis MO, 63112
$1,550,000
$97.85 per sqft
Active
15,840 sqft
Commercial
Built in 1908
Welcome to 5300 Maple Ave.: 2 buildings comprised of 18 units: 12 (2 Bedroom units), 4 multi-level town homes (2 bedroom units), 2 (1 bedroom units). Property has been receiving upgrades since acquisition: a newer roof less than 5 years old including the flat roof; 3 new decks (2 in back and 1 in middle); wooden fence in rear; metal fence in front; and many new systems in place. 14 units having been revamped and refreshed. Building features a basement utilized as an office and storage that could provide supplemental coin laundry income. The property is on a quiet dead-end street less than a mile from Forest Park golf course and the famous mansions on Lindell Blvd. Washington University is also nearby. This stabilized property with the tax rate of Saint Louis generates enough income to set it apart from any other multi-family buildings on the market. A realistic pro-forma suggests over a 10% cap if you increase the below market rents. This is an excellent opportunity!
24041954
MLSⓇ ID
July 8, 2024
Listed
January 15, 2025
Updated
Map
5300 Maple Avenue
St Louis MO, 63112
Interior Features
Laundry Description
Common Laundry, Other
Fireplace
No
Cooling
Yes
Cooling Description
Electric
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.36 Acres
Sewer
Public Sewer
School Information
School District
St. Louis City
High School
Sumner High
Elementary School
Hamilton Elem. Community Ed.
Other Property Details
Area Name
Central West
Taxes
$8,166
Tax Frequency
Annually
Days on Market
189
Garage
No
Parking
On Street
View
No
County
St Louis City
Municipality
St. Louis City
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
1/15/2025 | Price change | $1,550,000 -7% |
8/29/2024 | Active | — |
8/27/2024 | Pending | — |
8/20/2024 | Price change | $1,650,000 -3% |
Courtesy of Elevate Realty, LLC, Brian Combs
Listings displaying the MARIS logo are courtesy of the participants of MO - Mid America Regional Information Systems (MARIS) Internet Data Exchange. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Bethany DeMaggio shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 All rights reserved.