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  • Listing Provided by: Real Broker LLC
    Bought with: RE/MAX Results
    Price Unknown

    5424 Michigan Ave, Saint Louis, MO 63111

    2beds
    2baths
    2,400sqft
    Multi Family
    Built in 1906
    -- sqft lot
    $131,500 Zestimate®
    $--/sqft
    $921 Estimated rent

    Home value

    $131,500

    $100,000 - $167,000

    $921/mo

    Zestimate® history
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    $921/mo

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    What's special

    PRICE REDUCED! affordable duplex in Carondelet. Two units at about 1200 square feet, have 1BD/1BA each and a ton of space. The upstairs unit has a bonus room over the stairwell that could be an office or additional sleeping space. Want something you can put your own touches on? This is it! Owners have cared for the building responsibly for over a decade, and refrained from cosmetic updates while renting to section 8 and St. Patrick's center. 1FL Accepted Lease starting 9/13/24, 2FL anticipates a renter move in before 10/1 so now is your chance to house hack, add value, or anything else you may desire! Currently there is one occupancy permit and the second is anticipated next week. Seller prefers to allow buyers their options to do as they please with the next tenants, but may consider placing tenants within their current programs. Easy access to highway 55! Bot units are about to rent for 775/month (current condition), meaning this could perform well above the 1% rule.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Lynne G Hart 314-324-6907,

    Real Broker LLC,

    Junior A Lara 314-625-3427,

    Real Broker LLC

    Bought with:

    Elizabeth A Smith, 2014006146

    RE/MAX Results

    Source: MARIS,MLS#: 24050688MLS LogoOriginating MLS: St. Louis Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Gas Water Heater
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 2,400
    • Total interior livable area: 2,400 sqft
    • Finished area above ground: 2,400

    Property

    Parking
    • Parking features: No Driveway, On Street
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck
    Lot
    • Size: 3,571 sqft
    Details
    • Parcel number: 28360000500
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • Year built: 1906

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Saint Louis
    • Subdivision: Michigan Ave

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Private

    Price history

    DateEventPrice
    11/22/2024Sold--
    Source: MARIS #24050688 Report a problem
    10/23/2024Pending sale$139,900$58/sqft
    Source: MARIS #24050688 Report a problem
    9/12/2024Price change$139,900-2.8%$58/sqft
    Source: MARIS #24050688 Report a problem
    8/14/2024Listed for sale$143,900$60/sqft
    Source: MARIS #24050688 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,149 +14.9%$13,690 +17.9%
    2024$1,000 +5%$11,610
    2023$952 +9.5%$11,610 +14%
    2022$870 +0.1%$10,180
    2021$868 +4.7%$10,180 +3.6%
    2020$829 $9,830 +0.1%
    2019$829 $9,820 +12.2%
    2018$829 +8.6%$8,750 +0.1%
    2017$764 +0.4%$8,740
    2016$761 +10%$8,740 -0.1%
    2015$691 -3%$8,750
    2014$713 $8,750 -3.1%
    2013$713 $9,030 -19.6%
    2012-- $11,230
    2011-- $11,230
    2010-- $11,230 -9.9%
    2009$856 +15.9%$12,460
    2008$739 $12,460 -8.5%
    2007$739 $13,620
    2006$739 +1%$13,620 +33.9%
    2005$732 +24.3%$10,170 +32.4%
    2004$589 +2.9%$7,680
    2003$572 +8.8%$7,680 +12%
    2002$526 $6,860
    2001-- $6,860 +11.7%
    2000-- $6,140

    Find assessor info on the county website

    Neighborhood: Carondelet

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Woodward Elem.
    • Middle: Lyon-Blow Middle
    • High: Roosevelt High

    Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.