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Welcome to 5641 Cates Ave , an updated, Income-Producing Duplex Near WashU. Whether you’re expanding your investment portfolio or looking for a smart house-hacking opportunity, this duplex offers two beautifully updated units, a proven rental history and multiple ways to generate income. Previously operated as a successful short-term rental, this property provides flexibility for investors and owner-occupants alike. The spacious two-story unit features 3 bedrooms and 3 bathrooms, while the second unit offers 2 bedrooms and 1 bathroom. Both units have been thoughtfully updated with stylish finishes and comfortable, functional layouts. Furnishings are negotiable, creating the opportunity for a seamless transition into rental operations, and access to a private backyard which is an added feature rarely found with this type of property. Tucked away on a quiet cul-de-sac near Washington University and just 1.5 miles from the Delmar Loop, the property offers convenient access to dining, shopping, entertainment and public transportation. Live in one unit while generating income from the other, or lease both to maximize the property’s investment potential. Two updated units. One desirable location. Multiple possibilities for income and long-term growth. It doesn’t get much better than this!

26055632 MLS ⋅ ACTIVE Status

Welcome to 5641 Cates Ave , an updated, Income-Producing Duplex Near WashU. Whether you’re expanding your investment portfolio or looking for a smart house-hacking opportunity, this duplex offers two beautifully updated units, a proven rental history and multiple ways to generate income. Previously operated as a successful short-term rental, this property provides flexibility for investors and owner-occupants alike. The spacious two-story unit features 3 bedrooms and 3 bathrooms, while the second unit offers 2 bedrooms and 1 bathroom. Both units have been thoughtfully updated with stylish finishes and comfortable, functional layouts. Furnishings are negotiable, creating the opportunity for a seamless transition into rental operations, and access to a private backyard which is an added feature rarely found with this type of property. Tucked away on a quiet cul-de-sac near Washington University and just 1.5 miles from the Delmar Loop, the property offers convenient access to dining, shopping, entertainment and public transportation. Live in one unit while generating income from the other, or lease both to maximize the property’s investment potential. Two updated units. One desirable location. Multiple possibilities for income and long-term growth. It doesn’t get much better than this!

5641 Cates Ave, St Louis

Rare opportunity to acquire a fully repositioned 6-unit multifamily building in the heart of St. Louis's historic West End — steps from the Central West End, Washington University, the Delmar Loop, and Forest Park. This classic 3-story brick walk-up has undergone a comprehensive $550,000 renovation, delivering six spacious 3-bedroom/2-bathroom units averaging 1,500 SF each — one of the largest unit configurations available in this submarket. All interior work is 100% complete, including premium new kitchens, updated bathrooms, modern flooring, and brand-new mechanical, electrical, and plumbing systems throughout. Four units are currently occupied with leases in place, and two turnkey-ready units are available for immediate lease-up at market rate. Current in-place income is $7,379/month with a stabilized annual income of $132,108 including utility reimbursements. At the $1,000,000 list price, the property delivers a 9.79% acquisition cap rate — significantly above the local market average of 7.40% — with an as-is appraised value of $1,040,000, providing immediate equity at closing. With all-new MEP systems in place, capital expenditure liability over the next 7–10 years is expected to be minimal. In-unit washer/dryer hookups in every unit support above-average rents and tenant retention. An ideal acquisition for investors seeking immediate cash flow, strong yield, and long-term appreciation in one of St. Louis's most supply-constrained rental corridors.

26036707 MLS ⋅ ACTIVE UNDER CONTRACT Status

Rare opportunity to acquire a fully repositioned 6-unit multifamily building in the heart of St. Louis's historic West End — steps from the Central West End, Washington University, the Delmar Loop, and Forest Park. This classic 3-story brick walk-up has undergone a comprehensive $550,000 renovation, delivering six spacious 3-bedroom/2-bathroom units averaging 1,500 SF each — one of the largest unit configurations available in this submarket. All interior work is 100% complete, including premium new kitchens, updated bathrooms, modern flooring, and brand-new mechanical, electrical, and plumbing systems throughout. Four units are currently occupied with leases in place, and two turnkey-ready units are available for immediate lease-up at market rate. Current in-place income is $7,379/month with a stabilized annual income of $132,108 including utility reimbursements. At the $1,000,000 list price, the property delivers a 9.79% acquisition cap rate — significantly above the local market average of 7.40% — with an as-is appraised value of $1,040,000, providing immediate equity at closing. With all-new MEP systems in place, capital expenditure liability over the next 7–10 years is expected to be minimal. In-unit washer/dryer hookups in every unit support above-average rents and tenant retention. An ideal acquisition for investors seeking immediate cash flow, strong yield, and long-term appreciation in one of St. Louis's most supply-constrained rental corridors.

5909 Cates Ave, St Louis

Prime Investment Opportunity in the Central West End! Expand your portfolio with this 24-unit multifamily property in the thriving Central West End, just minutes from the Delmar Loop, Washington University, BJC Healthcare, and Forest Park. Surrounded by top dining, shopping, and cultural attractions, this prime location drives strong rental demand—ideal for students, professionals, and healthcare workers. The property features 6 studios, 12 one-bedroom units, and 6 two-bedroom units, with the potential to reconfigure layouts for increased income. Additionally, there are 12 parking spaces in the underground garage. Recent upgrades, including a newer roof, windows, and tuck-pointing, add long-term value and appeal. With ongoing revitalization in the area, this is a rare chance to secure a high-potential asset in a growing market. Sold as-is, with the Seller to make no inspections or repairs. Reasonable offers will be considered.

25019707 MLS ⋅ ACTIVE Status

Prime Investment Opportunity in the Central West End! Expand your portfolio with this 24-unit multifamily property in the thriving Central West End, just minutes from the Delmar Loop, Washington University, BJC Healthcare, and Forest Park. Surrounded by top dining, shopping, and cultural attractions, this prime location drives strong rental demand—ideal for students, professionals, and healthcare workers. The property features 6 studios, 12 one-bedroom units, and 6 two-bedroom units, with the potential to reconfigure layouts for increased income. Additionally, there are 12 parking spaces in the underground garage. Recent upgrades, including a newer roof, windows, and tuck-pointing, add long-term value and appeal. With ongoing revitalization in the area, this is a rare chance to secure a high-potential asset in a growing market. Sold as-is, with the Seller to make no inspections or repairs. Reasonable offers will be considered.

5815 Cates Ave, St Louis