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Listed price in listed location currency (USD).
$1,099,000

000

MLS® 25028864

Overview

Key Facts

Type 
Levels Residential Income
Size 31898 sqft
Garage 
Taxes $3,486
Days Active 365
Lot Size 
Approx. Age 1925
Avg. Price Per Sqft $34
MLS® Number 25028864

Property Address: 5315 Cabanne Ave, Saint Louis, MO, 63112-3306

Average square foot calculated using Size range provided by listing agent.

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. Seller financing is available for well-qualified buyers.
MLS® Number25028864
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1925
Basement
DrivewayGarage, Underground
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 2, 2025List Date
$1,099,000List Price

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