Missouri
St Louis
5144 Palm Street

$59,500

5144 Palm Street, St Louis, MO 63115

2,280 sqft

Multi-Family Home
Built in 1924
4,373sqft lot
—— car garage
$26/sqft
Listed 2 months ago

Property Description

Excellent Investment Opportunity – 2-Family in Kingsway West! Attention investors! This 2-family property in the Kingsway West neighborhood of North St. Louis City is perfect for those seeking forced appreciation and long-term cash flow. Each unit features 2 bedrooms and 1 bathroom, with some appliances included. The second-floor unit is currently leased to a long-term tenant, providing immediate income, while the first-floor unit is vacant and ready for renovation—offering the chance to increase rental value with updates. DO NOT DISTERB TENANT(S). The property is conveniently located near Natural Bridge and Kingshighway Blvd, with ready access to public transportation, shopping, and other city amenities. With strong rental potential and room to add value through rehab, this is a solid addition to any portfolio.

Listing Status:: Active
Date Added:: May 4, 2025 at 05:00AM
Listing Office:: Red Maples, LLC : 314-3122147
MLS ID:: 25029179

Appliances: Gas Water Heater
A/C: None
Heating: Forced AirNatural Gas

This listing courtesy of Red Maples, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Lexington Elementary School

5030 Lexington Ave, Saint Louis, MO, 63115

Grades PK-5

0.19 miles away

Yeatman-Liddell Middle School

4265 Athlone Ave, Saint Louis, MO, 63115

Grades 6-8

1.50 miles away

Sumner High School

4248 Cottage Ave, Saint Louis, MO, 63113

Grades 9-12

1.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.