$1,400,000

5315 Cabanne Avenue, St Louis, MO 63112

  • 31,898 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $44/sqft
  • Property List Date Icon 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Ford Elementary School

1383 Clara Ave, Saint Louis, MO, 63112

Grades PK-6

0.70 miles away

L

Langston Middle School

, Saint Louis, MO, 63112

Grades 6-8

0.71 miles away

S

Soldan International Studies

918 Union Blvd, Saint Louis, MO, 63108

Grades 9-12

0.18 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.