5154 Palm Street Street St Louis, MO 63115

5,280 Sqft
8,751 Sqft lot
0.20 Acre lot
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$90,000 Est. $331 / mo.*
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Status: Active
Property Type: Multi-family 5+
Year Built: 1925
Days on Website: 39

Listing courtesy of Provident Property Management.

Description

This 8-plex apartment building located at 5154 Palm Street offers a tremendous opportunity for the right investor or developer. Situated in a growing neighborhood of St. Louis, this property is a blank canvas ready for renovation. Currently vacant and in need of significant rehab, it has the potential to be transformed into a profitable rental asset or a multi-family project. The property features 8 individual 2BR/1 Bath units, providing ample space for value-add improvements. With the right vision and investment, this building can be restored to its former glory, bringing strong cash flow and long-term value. Whether you're a seasoned investor looking for a project or a developer seeking to revitalize an area, 5154 Palm Street is an ideal opportunity. Don’t miss out on this diamond in the rough! Be Sure to check into potential funds and grants available through the city and special programs! Seller Financing May Be Available Also. Seller to Do No Repairs.

Open House

Property Details and Features

  • "Public Sewer"
  • Cable Available: 1
  • Two Bedroom Unit Baths: 1 Per Unit
  • Above Grade Finished Area: 5280 Sq.Ft.
  • Above Grade Finished Area Source: Public Records
  • Construction Materials: "Brick"
  • Building Age: 99
  • Number Of Units Total: 8
  • Year Built: 1925
  • Neighborhood: Kingsway West
  • Cooling: "Other"
  • Disclosures: "Unknown", "Flood Plain No", "Sellers Discl. Avail"
  • Heating: "None"
  • Heating Included
  • Heat Source: Other
  • Fee Frequency: None
  • Net Operating Income: 0
  • Inclusions: Building & Land
  • Lease Term: None
  • Price per Sq.Ft.: $17
  • Transaction Type: Sale
  • Ownership Type: Private
  • Location: City,Corner Location
  • Major Area: North
  • Parcel Number: 5954-00-0020-0
  • Subdivision Name: Hedgeleigh Park Add
  • Township: St. Louis City
  • Lot Size Acres: 0.2009
  • Lot Size Dimensions: 70x125
  • Lot Size Source: County Records
  • Lot Size Square Feet: 8751 Sq.Ft.
  • Features: "On Street"
  • Possession: "Close Of Escrow", "Negotiable"
  • 8 two-bedroom units
  • Property Type: Apt Bldg/Interior En
  • Property Sub Type: Multi-Family 5+
  • Elementary School: Lexington Elem.
  • High School: Sumner High
  • High School District: St. Louis City
  • Middle Or Junior School: Yeatman-Liddell Middle School
  • Prop Asses City Tax: 0
  • Annual Tax Amount: 518
  • Tax Legal Description: C.B. 5954 PALM ST 70 FT X 125 FT HEDGLEIGH PARK ADDN BLO CK 7 LOT 3 & 4
  • Tax Year: 2023
  • Tenant Pays: "All Utilities"
  • Water Source: "Public"

Location

$90,000 - 5154 Palm Street Street, St Louis, MO 63115
5154 Palm Street Street St Louis, MO 63115
Location: City,Corner Location

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