5154 Palm Street

St. Louis, MO 63115

$79,000
Price
Beds
Baths
5,280 Sq. Ft.
$15 / Sq. Ft.
5,280
Sq. Ft.
$15
per Sq. Ft.

Description

This 8-plex apartment building located at 5154 Palm Street offers a tremendous opportunity for the right investor or developer. Situated in a growing neighborhood of St. Louis, this property is a blank canvas ready for renovation. Currently vacant and in need of significant rehab, it has the potential to be transformed into a profitable rental asset or a multi-family project. The property features 8 individual 2BR/1 Bath units, providing ample space for value-add improvements. With the right vision...This 8-plex apartment building located at 5154 Palm Street offers a tremendous opportunity for the right investor or developer. Situated in a growing neighborhood of St. Louis, this property is a blank canvas ready for renovation. Currently vacant and in need of significant rehab, it has the potential to be transformed into a profitable rental asset or a multi-family project. The property features 8 individual 2BR/1 Bath units, providing ample space for value-add improvements. With the right vision and investment, this building can be restored to its former glory, bringing strong cash flow and long-term value. Whether you're a seasoned investor looking for a project or a developer seeking to revitalize an area, 5154 Palm Street is an ideal opportunity. Don’t miss out on this diamond in the rough! Be Sure to check into potential funds and grants available through the city and special programs! Seller Financing May Be Available Also. Seller to Do No Repairs.
  1. Listed by Kelley Hoffman • Provident Property Management
  2. Listed by James Oliver • Provident Property Management

Amenities

  • Street Parking
LISTING UPDATED: 02/05/2025 02:44 PM

Property Details for 5154 Palm Street

StatusActive
MLS #24075217
Days on Market87
Taxes$518 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family 5+
Year Built1925
Lot Size0.20 AC / 8,751 SF
CountySt. Louis Independent City

Building Information for 5154 Palm Street

Stories-Residences8Year Built1925Building Size-Lot Size0.20 AC / 8,751 SF

Property Information for 5154 Palm Street

Summary
Location and General Information
  • City: St Louis
  • County Or Parish: St Louis City
  • Directions: SIRI take me to 5154 Palm Street
  • Latitude: 38.677042
  • Longitude: -90.256483
  • Location: City,Corner Location
  • Neighborhood: Kingsway West
  • Postal Code: 63115
  • State Or Province: MO
  • Sub division Name: Hedgeleigh Park Add
  • Postal Code Plus 4: 1531
Taxes and HOA Information
  • List AOR: St. Louis Association of REALTORS
  • Association Fee Frequency: None
  • Prop Asses City Tax: 0
  • Parcel Number: 5954-00-0020-0
  • Tax Annual Amount: $518.00
  • Tax Legal Description: C.B. 5954 PALM ST 70 FT X 125 FT HEDGLEIGH PARK ADDN BLO CK 7 LOT 3 & 4
  • Tax Year: 2023
Owner
  • Township: St. Louis City
  • Owner Name: Could Be you
Parking
  • Attached Garage: No
  • Parking Features: On Street
School Information
  • Elementary School: Lexington Elem.
  • High School: Sumner High
  • High School District: St. Louis City
  • Middle Or Junior School: Yeatman-Liddell Middle School
Property
Lot Information
  • Lot Size Acres: 0.2009
  • Lot Size Dimensions: 70x125
  • Lot Size Source: County Records
  • Lot Size Square Feet: 8751.0
  • Property Sub Type: Multi-Family 5+
  • Builder Model: Low/1-2
  • Property Type: Commercial Sale
Property and Assessments
  • Above Grade Finished Area: 5280.0
  • Above Grade Finished Area Source: Public Records
  • Documents Count: 0
  • Photos Count: 2
  • Videos Count: 0
  • Year Built: 1925
  • Disclosures: Unknown,Flood Plain No,Sellers Discl. Avail
  • Age: 100
  • Construction Materials: Brick
  • Ownership Type: Private
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heat Source: Other
  • Cable Available: 1
  • Cooling: Other
  • Heating: None
  • Heating YN: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
  • TYPE: Apt Bldg/Interior En
  • Two Bed Unit Baths: 1 Per Unit
  • Two Bed Unit Units: 8
Income & Expenses
  • Net Operating Income: $.00
  • Total Expenses: 518.00
Rental
Rent Information
  • Lease Term: None
  • Tenant Pays: All Utilities

Property History for 5154 Palm Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5154 Palm Street

Taxable ValueLand$1,820Additions$4,700Total$6,520
Tax Record2020$534 ($44 / month)
Home Facts
Baths8Total Finished SqFt5,280 SqFtAbove Grade Finished SqFt5,280 SqFtUnfinished Basement SqFt2,640 SqFtStories2Lot Size8,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1925Year Renovated1925ZoningBCountySAINT LOUIS CITYAPN59540000200

Schools near 5154 Palm Street

This home is within St. Louis City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Lexington Elementary School
PublicPK to 5

Langston Middle School
Public6 to 8

Sumner High School
Public9 to 12

Cote Brilliante Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5154 Palm Street is a multi-family home for sale in St. Louis, MO 63115. This property was listed for sale on December 9, 2024 by Provident Property Management, it's currently listed at $79,000. This listing's school district is St. Louis City School District. Nearby schools include Lexington Elementary School, Langston Middle School and Sumner High School. 5154 Palm Street is a 0-bed, 0-bath, 5,280 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Provident Property Management

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MARIS, Bagnell Dam Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.