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5315 Cabanne Avenue

Saint Louis, MO 63112
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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. Market rent for the 1 bedrooms is $1,285 based on 24 single bedroom apartments within a mile in the last year, 2 bedrooms avg rent is $1,476 based on 21 apartments in the last 18 months. Pro forma income once renovated and stabilized is $647,562 with net income of $420,916. 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 rear and sid e 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: $5,800,000 Estimated Completion Cost: $3,000,000 Potential Tax Credits: $1,000,000+. There is potential for more than 32% equity upon completion. Seller financing is available for well-qualified buyers. Seller will consider all reasonable offers

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Detail Ic Property Details

Property Type : Residential Income

Price : $995,000

AD Id : 72218517

MLS Id : MIS25028864

Living Area Size : 31,898

Year Built : 1925

County : Saint Louis City

Subdivision: Kinyon & Woods

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Feature Features

  • Interior Features

    Appliances: Other Laundry Features: None, Other
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Other Cooling: None WaterSource: Public

  • Building Information

    Year Built: 1925

  • Lot Information

    Lot Dimensions: 150x201

    Property Information

    Property Type: Residential Income Sub Type: 5 Family or More Style: Mid-Rise 3or4 Story

  • Listing Price Information

    Original List Price:$1400000

  • Tax Information

    Annual Tax: $3486 Tax Year: 2024 Parcel Number: 3866-00-8026-0

  • Parking Information

    Garage, Underground

  • School Information

    Elementary School: Hamilton Elem. Community Ed. Junior High School: Langston Middle Senior High School: Beaumont Cte High School
  • Utility Information

    Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: Visitation Park-49 City: St Louis
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Nearby Home Value

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5338 Wabada Avenue, Saint Louis, MO, 63112 $26,000 2 1 935 935 SqFt
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5331 Ridge Avenue, Saint Louis, MO, 63112 $140,000 4 2 2,671 2,671 SqFt
34 Waterman Place, Saint Louis, MO, 63112 $850,000 5 4 3,886 3,886 SqFt
5439 Vernon Avenue, Saint Louis, MO, 63112 $288,000 4 3 2,112 2,112 SqFt
5531 Maple Avenue, Saint Louis, MO, 63112 $155,000 3 2 980 980 SqFt
5809 Dr Martin Luther K.., Saint Louis, MO, 63112 $175,000 -- -- --
37 Washington Terrace, Saint Louis, MO, 63112 $1,995,000 7 6 9,667 9,667 SqFt
49 Kingsbury Place, Saint Louis, MO, 63112 $640,000 8 4 4,978 4,978 SqFt
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ByOwner last updated this listing 06/22/2026 @ 18:20

MLS: MARIS2 #25028864 LISTED BY: Jordan Schoen, Invest St. Louis 314-325-6201 SOURCE: MARIS MLS (Listings courtesy of MARIS MLS as distributed by MLS GRID)

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