Property profile

5339 Pershing Ave St St. Louis, MO 63112

OFF-MARKET
Apartment buildings
5,940 SF 0.2 ac lot Built 1912
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Property summary

AI-generated overview

This exceptional 6-unit apartment building, built in 1912, presents a compelling investment opportunity in St. Louis' desirable DeBaliviere neighborhood. Situated on a spacious 0.2-acre lot, the property boasts 5,940 square feet across two stories. The building comprises three two-bedroom, one-bathroom units, each featuring an extra office/den space, and three one-bedroom, one-bathroom units with private balconies. All units are generously sized and well-designed, equipped with all-electric HVAC systems, electric water heaters, wood-burning fireplaces, and in-unit washer/dryers. Many units showcase updated kitchens with granite countertops and newer appliances, along with plank flooring. Residents enjoy both interior and exterior access via a side deck. Significant recent improvements include a new PVC plumbing and electrical system, a brand-new deck installed in September 2023, and a roof that is only 7 years old. The property also offers off-street parking and a large, flat backyard. Its convenient location provides easy access to Forest Park, highways, and local amenities such as Crema coffee and Mack's Bar & Grill. The property is being sold AS-IS. This is a rare chance to acquire a well-maintained multifamily property in a highly sought-after area. The asking price is $830,000.

Property profile

Verified
Property type Apartment buildings
Year built 1912
Total area 5,940 SF
Lot 0.2 ac (8,712 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5339 Pershing Ave St St. Louis, MO 63112
St. Louis metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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