5231 Lotus Ave, St Louis, MO 63113

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List Price
$49,900
Price Change
▼ $5,000 1786993462
Days on Market
106
MLS#
26041511
Status
ACTIVE
Living Sq. Ft
2,106
Lot Size
4,351
Acres
0.10
Year Built
1909
Subdivision
Banner Heights Add
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

Excellent opportunity to acquire a high-yield duplex with immediate income and massive upside. The upper unit is occupied by a stable, month-to-month resident paying $710 per month, providing instant cash flow from day one while allowing total flexibility for future adjustments. With comparable market rents sitting around $1,050 per month per unit, this property offers a strong, proven value-add runway. The lower unit is currently vacant and ready for updates, presenting the perfect canvas for investors looking to renovate, force appreciation, and maximize equity. This property is being sold As-is. Seller will do no repairs or warranties. Perfect for buy-and-hold investors, portfolio builders, or rehabbers looking for their next project in a high-demand rental pocket. Cash or conventional financing preferred. Buyer to verify all information, including rents, square footage, schools and property details.

Additional Information

School District
St. Louis City
Elementary School
Lexington Elem.
Jr. High School
Laclede Elem.
Sr. High School
Sumner High
Cooling
Central Air
Heating
Forced Air
Water
Public
Selling Terms
Cash, Conventional, Private

Listing courtesy of Lindia Robins. Evernest, LLC

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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID.


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