549 Bates St

1
Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investors—don’t miss this rare opportunity to secure 10 units in the heart of South City with strong cash flow and long-term upside. This well-maintained 6-unit building is being sold as a package with its neighboring 4-family building (545 Bates, MLS #25025704), offering a turnkey portfolio in one of the most stable and desirable rental markets. Each unit features 1 bedroom, 1 bathroom, ample living space, modern updates, some stainless steel appliances, well-kept back decks and some newer major...Investors—don’t miss this rare opportunity to secure 10 units in the heart of South City with strong cash flow and long-term upside. This well-maintained 6-unit building is being sold as a package with its neighboring 4-family building (545 Bates, MLS #25025704), offering a turnkey portfolio in one of the most stable and desirable rental markets. Each unit features 1 bedroom, 1 bathroom, ample living space, modern updates, some stainless steel appliances, well-kept back decks and some newer major systems that help minimize maintenance costs. Market rent per unit is $800/month. Tenants appreciate the off-street parking, basement storage, and a fully fenced backyard—amenities that drive tenant satisfaction and long-term tenancy. With solid tenants already in place and potential for future rent increases, this is the perfect opportunity for any investor looking to grow in 2025. You will be proud to own these charming, income-producing South City properties for years to come!
  1. Listed by Julie Thorngren • EXP Realty, LLC
    P: (636)-375-1462 julie.thorngren@exprealty.com
  2. Listed by David P Ounanian • EXP Realty, LLC
    P: (314)-807-0657 C: (636)-534-8146 david@agentdavido.com

Property Details for 549 Bates Street

Waterfront
No
LISTING UPDATED: 07/10/2025 01:26 PM

Property Details for 549 Bates Street

StatusClosed
MLS #25026801
Days on Market46
Taxes$1,778 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / 5 Family or More
Year Built1914
Lot Size0.17 AC / 7,536 SF
CountySt. Louis Independent City

Location

Listing Courtesy of EXP Realty, LLC

Sold By EXP Realty, LLC

Add your commute

Building Information for 549 Bates Street

Stories-Residences6Year Built1914Building Size-Lot Size0.17 AC / 7,536 SF

Payment Calculator

$2,225 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,077

Property Taxes

$148

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 549 Bates Street

Summary
Location and General Information
  • City: St Louis
  • County Or Parish: St Louis City
  • Directions: GPS Friendly - Please do not disturb tenants.
  • Latitude: 38.565348
  • Longitude: -90.247728
  • Neighborhood: Carondelet
  • Postal Code: 63111
  • State Or Province: MO
  • Sub division Name: Thomas Add
  • Postal Code Plus 4: 2106
Taxes and HOA Information
  • List AOR: St. Louis Association of REALTORS
  • Parcel Number: 2852-00-0110-0
  • Tax Annual Amount: $1,778.00
  • Tax Year: 2024
Owner
  • Township: St. Louis City
Parking
  • Carport: No
  • Garage: No
  • Parking Features: On Street
  • Parking Total: 0.0
School Information
  • Elementary School: Woodward Elem.
  • High School: Roosevelt High
  • High School District: St. Louis City
  • Middle Or Junior School: Lyon-Blow Middle
Property
Lot Information
  • Living Area: 0.0
  • Lot Size Acres: 0.173
  • Lot Size Area: 0.17
  • Lot Size Dimensions: 54x139x55x138
  • Lot Size Square Feet: 7536.0
  • Property Sub Type: 5 Family or More
  • Property Type: Residential Income
Property and Assessments
  • Documents Count: 0
  • Photos Count: 26
  • Year Built: 1914
  • Disclosures: See Seller's Disclosure, Occupancy Permit Required, Unknown
  • NewConstructionYN: No
  • BuyerFinancing: Owner Will Carry
  • OperatingExpense: $.00
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • MIS_PoolYN: No
  • NumberOfBuildings: 1
Interior Features
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 0
  • Bedrooms Total: 0
  • Cooling: Window Unit(s)
  • Fireplace: No
  • Heating: Forced Air, Natural Gas
  • MIS_MainAndUpperLevelBedrooms: 0
  • MIS_MainAndUpperLevelBathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Net Operating Income: $.00
Unit 1
  • UnitType Beds Total: 1.0
Rental
Rent Information
  • Tenant Pays: Electricity, Gas

Property History for 549 Bates Street

DateEvent & SourcePriceAppreciation
Jul 9, 2025

Closed

MARIS #25026801

$412,519
Jun 11, 2025

Price Change

MARIS #25026801

$345,000
Jun 10, 2025

Pending

MARIS #25026801

DateEvent & SourcePrice
07/09/2025

Closed

MARIS #25026801

$412,519
06/11/2025

Price Change

MARIS #25026801

$345,000
06/10/2025

Pending

MARIS #25026801

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 549 Bates Street

Taxable ValueLand$2,510Additions$16,720Total$19,230
Tax Record2020$1,602 ($134 / month)
Home Facts
Total Finished SqFt8,172 SqFtAbove Grade Finished SqFt8,172 SqFtUnfinished Basement SqFt2,724 SqFtLot Size7,535 SqFtStyleMulti-Family Res (5+ Units)Year Built1914ZoningBCountySAINT LOUIS CITYAPN28520001100

Schools near 549 Bates Street

This home is within St. Louis City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Woodward Elementary School
PublicPK to 5

Lyon At Blow Elementary School
PublicPK to 8

Roosevelt High School
Public9 to 12

Ford-Ford Br. Elementary Community Ed.
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, LLC

Based on information submitted to the MLS GRID as of 07/10/2025 01:26 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.