5315 Cabanne Avenue, St Louis, MO 63112
- 31,898 sqft
Multi-Family Home
Built in 1925
—— sqft lot
—— car garage
$44/sqft
Listed 2 months ago
Property Description
The Cabanne Castle is a three-story Tudor-style brick condominium building in the West End, totaling approximately 31,898 sq. ft. It includes 42 units: (24) 1-bed 1-bath and (18) 2-bed / 1-bath. The lower level offers 24 underground parking spaces and room for tenant storage. This multi-family rehab is ideal for developers or investors. While the project needs completion, many plans and permits have already been approved by the city (some will require renewal). Completed improvements include demolition, new roof, new rear and side windows, tuckpointing, framing, and leveled floors. The building is ready for mechanical, electrical, and plumbing installation. An adjacent lot is included and can be used for additional parking. Historic tax credits are available. The lower level offers potential for added units, a lounge, or a gym. Estimated ARV: $5,200,000 Estimated Completion Cost: $2,800,000 Potential Tax Credits: $1,000,000+. There is potential for more than 20% equity upon completion.
- Listing Status:
- Active
- Date Added:
- May 2, 2025 at 05:00AM
- Listing Office:
- Invest St. Louis : 314-325-6201
- MLS ID:
- 25028864

- Appliances: Other
- Laundry: NoneOther
- A/C: None
- Heating: Other
This listing courtesy of Invest St. Louis
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Ford Elementary School
1383 Clara Ave, Saint Louis, MO, 63112
Grades PK-6
0.70 miles away
Langston Middle School
, Saint Louis, MO, 63112
Grades 6-8
0.71 miles away
Soldan International Studies
918 Union Blvd, Saint Louis, MO, 63108
Grades 9-12
0.18 miles away