5211 Louisiana Ave, Saint Louis, MO, 63111
5211 Louisiana Ave, Saint Louis, MO, 63111 - Image 25211 Louisiana Ave, Saint Louis, MO, 63111 - Image 35211 Louisiana Ave, Saint Louis, MO, 63111 - Image 45211 Louisiana Ave, Saint Louis, MO, 63111 - Image 5

5211 Louisiana Ave, Saint Louis, MO, 63111

1 bedroom · 1 bath · 3,888 sq.ft.

Value-add 4-family opportunity in a strong South City rental pocket! 2/4 units occupied and ready for its next chapter, 5211 Louisiana gives a new owner the flexibility to begin renovations and lease-up immediately or make the renovations while collecting rent from two of the units. The property sits on a large lot on a quiet, tree-lined street with a large rear garage 3-4 cars, providing valuable off-street parking. Straightforward updates could position the units for approximately $850-$900/month in rent, making this an excellent BRRRR, buy-and-hold, or value-add rental opportunity. Enjoy classic South City living with plenty of greenspace nearby at Holly Hills and Carondelet Park, plus neighborhood favorites including Chimichanga's Mexican Restaurant, Stellar Hog BBQ, and St. Cecilia's famous fish fry. Great combination of location, rental potential, parking, and immediate upside. Available individually or as part of a package with 5239 Alaska Ave A rare 3-4 car detached garage at the rear adds additional utility and potential value. Straightforward value-add opportunity in an established rental area with multiple paths to create equity and improve income. Available individually or as part of a package with 5239 Alaska Avenue. Great opportunity for an investor looking to add multiple South City units in one acquisition.

Information

Property typeMulti Family
Size3,888 sq.ft.
Plot size6,299 sqft
Year built1925
Price per sq.ft.USD 49
Last sold2004-10-27
CountySaint Louis City
ZIP code63111
LocationSaint Louis, United States
Parking3 spaces

USD 189,900

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Where it's located

Saint Louis, United States

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