Rock Island Realty

Other

5231 Lotus Avenue

St Louis, MO 63113

MLS#: 26041511

$49,900

Status: Active
Listing number: 26041511
Listing provided by: Evernest, LLC
Listing agent phone: None
Last update: 10 days ago
On site: 3 months ago
Browse Properties
Banner Heights Add - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1909

Sq.Footage

2,106

Excellent opportunity to acquire a high-yield duplex with immediate income and massive upside. The upper unit is occupied by a stable, month-to-month resident paying $710 per month, providing instant cash flow from day one while allowing total flexibility for future adjustments. With comparable market rents sitting around $1,050 per month per unit, this property offers a strong, proven value-add runway. The lower unit is currently vacant and ready for updates, presenting the perfect canvas for investors looking to renovate, force appreciation, and maximize equity. This property is being sold As-is. Seller will do no repairs or warranties. Perfect for buy-and-hold investors, portfolio builders, or rehabbers looking for their next project in a high-demand rental pocket. Cash or conventional financing preferred. Buyer to verify all information, including rents, square footage, schools and property details.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.0999

  • Lot Size(square feet)

    4,351

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Other

Price

  • Sales Price

    $49,900

  • Tax Amount

    $333

  • Financing Options

    Cash, Conventional

  • Sq. Footage

    2,106

  • Price/SqFt

    $23

HOA

  • Association

    No

School District

  • Elementary School

    Lexington Elem.

  • Middle School

    Laclede Elem.

  • High School

    Sumner High

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

  • Water Source

    Public

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Location

County

St Louis City

Elementary School

Lexington Elem.

Middle School

Laclede Elem.

High School

Sumner High

Listing Courtesy of Lindia Robins, Evernest, LLC

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Agent Owen Shotkoski

Agent

Owen Shotkoski

Call Owen today to schedule a private showing.

(402) 658-3116

owen@homeatthelake.com


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Excellent opportunity to acquire a high-yield duplex with immediate income and massive upside. The upper unit is occupied by a stable, month-to-month resident paying $710 per month, providing instant cash flow from day one while allowing total flexibility for future adjustments. With comparable market rents sitting around $1,050 per month per unit, this property offers a strong, proven value-add runway. The lower unit is currently vacant and ready for updates, presenting the perfect canvas for investors looking to renovate, force appreciation, and maximize equity. This property is being sold As-is. Seller will do no repairs or warranties. Perfect for buy-and-hold investors, portfolio builders, or rehabbers looking for their next project in a high-demand rental pocket. Cash or conventional financing preferred. Buyer to verify all information, including rents, square footage, schools and property details.

5231 Lotus Avenue

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