5211 Louisiana Ave
- Fully Vacant 4-Family Property Ready for Immediate Renovation and Lease-Up.
- Projected Rents of Approximately $850–$900 Per Unit After Straightforward Updates.
- Large Rear Garage Offering Rare 3–4 Car Off-Street Parking.
- Large Lot on a Quiet, Tree-Lined South City Street with Nearby Greenspace.
- Strong Value-Add Opportunity Ideal for BRRRR, Buy-and-Hold, or Rental Investors.
Property Description
Value-add 4-family opportunity in a strong South City rental pocket! Fully vacant and ready for its next chapter, 5211 Louisiana gives a new owner the flexibility to begin renovations and lease-up immediately. The property sits on a large lot on a quiet, tree-lined street with a large rear garage 3-4 cars, providing valuable off-street parking. Straightforward updates could position the units for approximately $850–$900/month in rent, making this an excellent BRRRR, buy-and-hold, or value-add rental opportunity. Enjoy classic South City living with plenty of greenspace nearby at Holly Hills and Carondelet Park, plus neighborhood favorites including Chimichanga’s Mexican Restaurant, Stellar Hog BBQ, and St. Cecilia’s famous fish fry. Great combination of location, rental potential, parking, and immediate upside. Available individually or as part of a package with 5239 Alaska Ave A rare 3–4 car detached garage at the rear adds additional utility and potential value. Straightforward value-add opportunity in an established rental area with multiple paths to create equity and improve income. Available individually or as part of a package with 5239 Alaska Avenue. Great opportunity for an investor looking to add multiple South City units in one acquisition.
Broker Details
Invest St. Louis (314) 255-5117
MLS ID: MGUIGNON State License Number: 2018041115
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $189,900 |
| No. of Units: | 16 |
| Year Built: | 1925 |
| Lot Size: | 0.14 Acres |
| Opportunity Zone: | No |
| Price per unit: | $11,869 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout