549 Bates Street, St Louis, MO 63111

$360,000

bedrooms

bathrooms

square feet

Acreage

0.173

Open Houses

year built

1914

Full Baths

Half Baths

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Investors—don’t miss this rare opportunity to secure 10 units in the heart of South City with strong cash flow and long-term upside. This well-maintained 6-unit building is being sold as a package with its neighboring 4-family building (545 Bates, MLS #25025704), offering a turnkey portfolio in one of the most stable and desirable rental markets. Each unit features 1 bedroom, 1 bathroom, ample living space, modern updates, some stainless steel appliances, well-kept back decks and some newer major systems that help minimize maintenance costs. Market rent per unit is $800/month. Tenants appreciate the off-street parking, basement storage, and a fully fenced backyard—amenities that drive tenant satisfaction and long-term tenancy. With solid tenants already in place and potential for future rent increases, this is the perfect opportunity for any investor looking to grow in 2025. You will be proud to own these charming, income-producing South City properties for years to come!

Location
Subdivision	Thomas Add
County	St Louis City
Elementary School	Woodward Elem.
Middle School	Lyon-Blow Middle
High School	Roosevelt High

Driving directions

Open houses

None scheduled.

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MLS number: 25026801

Listing agent: Julie Thorngren #2020001141

Listing broker: Exp Realty, Llc (913) 908-8001

Last update: Friday, April 25 2025 at 3:23 p.m. EDT

Kotohomes National