Log In/Sign Up
Your email has been sent.
5209 Palm St - INCOME PRODUCING - VALUE ADD QUADPLEX 4 Unit Apartment Building Offered at $221,048 CAD Saint Louis, MO 63115
INVESTMENT HIGHLIGHTS
- Cash-Flowing Multifamily Asset – Four income-producing units with in-place rents and immediate revenue generation
- Stabilized Rental Location – Located in an established St. Louis rental pocket with consistent tenant demand and long-term investor appeal
- Built-In Rent Upside – Seller reports current rents approximately $100 below market, with market rents projected at $750–$850 per unit
EXECUTIVE SUMMARY
This asset presents a compelling value-add play: current rents under market provide immediate cash-flow upside. Leverage the rent roll and adjust leases to market rates post-closing to significantly increase net operating income. Buyers with a focus on rental growth and cash-flow improvements can see alignment with return targets.
PROPERTY FACTS
| Price | $221,048 CAD | Building Size | 3,600 SF |
| Price Per Unit | $55,262 CAD | Average Occupancy | 100% |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 4 | Year Built | 1935 |
| Property Type | Multifamily |
| Price | $221,048 CAD |
| Price Per Unit | $55,262 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Size | 3,600 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1935 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $828.93 CAD | - |
1 1
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 5949-00-0070-0 | Improvements Assessment | $8,414 CAD |
| Land Assessment | $580 CAD | Total Assessment | $8,994 CAD |
PROPERTY TAXES
Parcel Number
5949-00-0070-0
Land Assessment
$580 CAD
Improvements Assessment
$8,414 CAD
Total Assessment
$8,994 CAD
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
We Invest
5209 Palm St - INCOME PRODUCING - VALUE ADD QUADPLEX
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.