5500 Pershing Avenue, St Louis MO 63112

$1,995,000

5500 Pershing Avenue, St Louis, MO 63112

bedrooms

bathrooms

square feet

Acreage

0.23

Open Houses

year built

1919

Full Baths

Half Baths

Find out more

5500 Pershing presents a once in a lifetime opportunity to own 16 units in one of the most sought after areas of St Louis, located on just the other side of Forest Park. This entire block is filled with Washington University and Saint Louis University students + Barnes Jewish Hospital nurses/ employees. There are 14 one bed/one bath units that are fully renovated with IN UNIT LAUNDRY, granite counters and vinyl flooring- that currently rent for $1100/month. There are 2 studio units that rent for $875/month. The Net Operating Income generated from this property in 2024 was $145,763 which put this property at an in-place cap rate of 7.26%. The building has been updated with PVC plumbing, copper electric and has a beautiful all brick exterior. This is one of the few properties on this street with central air so you can keep your expenses low. This building is fully occupied, tours will be on March 13th. Call listing agent for Rent Roll, three years of profit/loss and other financials.

Location
Subdivision	City/St Louis
County	St Louis City
Elementary School	Ford-Ford Br. Elem. Comm. Ed.
Middle School	Langston Middle
High School	Sumner High

Driving directions

Open houses

None scheduled.

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MLS number: 25013303

Listing agent: Anthony Klier #2022012991

Listing broker: The Agency (314) 280-9996

Last update: Thursday, March 6 2025 at 12:17 p.m. EST

Kotohomes National