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5300 Maple AVE St Louis, MO 63112
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Key Details
Sold Price $1,550,000
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Sold
Purchase Type For Sale
Square Footage 21,696 sqft
Price per Sqft $71
Subdivision Dwyers Add
MLS Listing ID 25056291
Sold Date 02/04/26
Style Apartment Style,Garden,Historic,Traditional
Year Built 1908
Annual Tax Amount $8,588
Lot Size 0.364 Acres
Acres 0.3636
Property Sub-Type 5 Family or More
Property Description
Let's play real life Monopoly! Here's your chance to own a prime investment property in the highly sought-after West End neighborhood of St. Louis City. This package features two side-by-side, stone-front, all-brick apartment buildings offering a total of 18 units - 16 spacious 2BR, 1BA apartments and two 1BR, 1BA apartments. The buildings are well maintained and have undergone several renovations, including a newer roof, updated decks, plumbing, electric, some new windows, exterior painting, wooden privacy fencing, gated entry, and security lighting. Eight-megapixel cameras provide added peace of mind, and some HVAC systems have been replaced. 16 apartments have been fully renovated, leaving just two in need of updates. This is an outstanding long-term investment with immediate upside potential. Current rents are well below market, and comparable rents in the area should range between $1,000 and $1,300/month. With 4 current vacancies, the property is priced at a 7% cap rate and offers the strong potential for double-digit returns once stabilized. The location is nothing short of fantastic. Situated just minutes from Forest Park, Barnes-Jewish Hospital, Washington University, the Delmar Maker District, and the Central West End, this property benefits from consistently strong rental demand and unbeatable neighborhood appeal. A rare opportunity to acquire a turnkey, income-producing asset with room to grow—this property is ready to be the next cornerstone of your portfolio!
Location
State MO
County St Louis City
Area 4 - Central West
Rooms
Basement Concrete, Exterior Entry, Full, Walk-Out Access, Walk-Up Access
Interior
Interior Features Ceiling Fan(s), Dining/Living Room Combo, Laminate Counters, Tub
Heating Forced Air
Cooling Central Air
Flooring Carpet, Luxury Vinyl
Fireplace N
Laundry In Basement
Exterior
Exterior Feature Courtyard, Lighting, Storage
Parking Features false
Fence Privacy, Wood, Wrought Iron
View Y/N No
Roof Type Architectural Shingle,Flat,Mansard,Tar/Gravel
Private Pool false
Building
Lot Description Back Yard, Front Yard, Gentle Sloping, Landscaped, Near Golf Course, Near Park, Near Public Transit
Water Public
Level or Stories Three Or More
Structure Type Brick,Stone Veneer
Schools
Elementary Schools Ford-Ford Br. Elem. Comm. Ed.
Middle Schools Langston Middle
High Schools Sumner High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Jessie Humphreys
NEARBY SCHOOLS & BUSINESSES
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