This charming two-family property offers the best of both worlds with open layouts, remodeled kitchens boasting stainless steel appliances, updated windows and original hardwoods along side newly tiled floors. With one unit vacant and the other rented, immediate income is guaranteed (the 2 car garage with aluminum door is also rented for extra $$!). Whether you're seeking a lucrative investment opportunity or a cozy place to call home, this property ticks all the boxes. The extra closet space throughout both units is a rare find in addition to the pantries located in each kitchen! Worry less knowing the roof and HVAC systems have been replaced within 5 years plus there is a newer hot water heater, electric panel and PVC plumbing. Enjoy the convenience of modern amenities alongside classic charm in a prime location, making it ideal for both investors and owner occupants alike. Selling AS-IS with a passed occupancy for the vacant unit!
Property Details
Property Features
Property Information:
Year Built: 1912
Listing Office:
Office Name: St. Louis Real Estate Society
Exterior Features
Parking Information:
Attached Garage: No
Parking: Detached Garage - 1-2 Car
Lot Features
Lot Information:
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Ceiling Fan(s), Electric
School Info
Assigned Schools Information:
Roosevelt High School, Public District Grades 9-12
Lyon Academy at Blow, Public Magnet Grades PK-8
Other
Directions Information:
Directions: 55 South, Right on Bates, Right on Alabama, Property on Left
Price Information
Listing Price Info
Price Summary:
List Price: $149,900
Tax Information:
Annual Amount: $763
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Saint Louis, MO.
This property is $67K less than the Median Sold Price in Saint Louis, MO.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MARIS
MLS Number: #24021192
Listing Office:
Office Name: St. Louis Real Estate Society
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$816
Per Month
Principal & Interest
$749
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$516
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Lyon Academy at Blow
516 Loughborough Ave
Distance between this listing and this school1.01 miles
Public Magnet Grades PK-8
High School
1
/10
Roosevelt High School
3230 Hartford St
Distance between this listing and this school2.38 miles
Public District Grades 9-12
Assigned Schools
4
/10
Lyon Academy at Blow
516 Loughborough Ave
Distance between this listing and this school1.01 miles
Public Magnet Grades PK-8
Nearby Schools
3
/10
Woodward Elementary School
725 Bellerive Blvd
Distance between this listing and this school0.18 miles
Public District Grades PK-5
2
/10
Woerner Elementary School
6131 Leona St
Distance between this listing and this school1.16 miles
Public District Grades PK-5
Nearby Schools
5
/10
South City
3112 Meramec St
Distance between this listing and this school0.98 miles
Public Charter Grades KG-8
5
/10
Long Middle School
5028 Morganford Rd
Distance between this listing and this school1.36 miles
Public District Grades 6-8
2
/10
Carondelet Leadership Academy
7604 Michigan Ave
Distance between this listing and this school1.47 miles
Public Charter Grades KG-8
Assigned Schools
1
/10
Roosevelt High School
3230 Hartford St
Distance between this listing and this school2.38 miles
Public District Grades 9-12
Nearby Schools
3
/10
Carnahan School of The Future
4041 S Broadway
Distance between this listing and this school1.41 miles
Public District Grades 9-12
6
/10
Gateway Science Academy/Mid/High
5049 Fyler Ave
Distance between this listing and this school2.77 miles
The neighbors living near this home have an average income of $30,000. Most Saint Louis, MO residents have annual incomes less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 5405 Alabama Ave in Saint Louis, MO and zip code 63111 in the Carondelet neighborhood. This home, which was built in 1912, sits on a 0.08 acre lot. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $149,900.
In March 2024 more than 82 listings in Saint Louis, MO were sold above the asking price. During the same period more than 44 listings were sold at asking price, while more than 106 were sold below. The number of listings in Saint Louis, MO increased by 13.2% between February 2024 and March 2024. In March 2024 median list price was $216,971 and the average listing age was 42 days.
From Rocket Homes Real Estate and based on county public records data.