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About the Listing FOCU01 - LAWBERRY
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!
Listing Highlights for 5300 Maple Ave
Status
Active
Days on Site
4
Property Type
Multi-Family
MLS ®
25056291
Year Built
1908
Total Square Footage
21,696
Lot/Acreage
0.36
County
St Louis City
Neighborhood
Dwyers Add
Area
4 - Central West
School District
St. Louis City
Elementary School
Ford-Ford Br. Elem. Comm. Ed.
Middle School
Langston Middle
High School
Sumner High
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces:
- Floor: Carpet,Luxury Vinyl
- Above Ground Sq Ft: 15008
- Below Ground Sq Ft: 6688
- Basement: Concrete,Exterior Entry,Full,Walk-Out Access,Walk-Up Access
- Other: Ceiling Fan(s),Dining/Living Room Combo,Laminate Counters,Tub
- Water: Public
Exterior Details
- Lot Description: Back Yard,Front Yard,Gentle Sloping,Landscaped,Near Golf Course,Near Park,Near Public Transit
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof: Architectural Shingle,Flat,Mansard,Tar/Gravel
- Others: Courtyard,Lighting,Storage,Updated/Remodeled
- Sewer:
- Parking Features: On Street
Financial Details
- Tax Amount: $8,588
- Taxes w/Assessments: N/A
- Tax/Property ID: 2992-02-0270-0
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
5300 Maple Ave St Louis, MO 63112
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