5021 Ray Ave

5021 Ray Ave, Saint Louis, MO 63116

Property Information

  • For Sale $194,900
  • Property Type Multi-Family
  • Property Size 1,536 SF
  • Units 2
  • Lot Size 0.14 Acre
  • Year Built 1931
  • Date Updated Aug 12, 2026

Description

Discover the vibrant and growing neighborhood around the property in Saint Louis, MO, 63116. With its proximity to popular attractions like the Missouri Botanical Garden, Tower Grove Park, and the lively South Grand Business District, this area offers endless opportunities for entertainment and recreation. Investors seeking a prime location for a Multifamily or High-Rise property will appreciate the diverse mix of dining, shopping, and cultural experiences within walking distance. The area's strong sense of community and convenient access to public transportation make it an appealing choice for both residents and potential tenants. This thriving neighborhood embodies the perfect blend of city living and urban convenience.Two vacant units. One rare double corner lot!! A standout opportunity near Holly Hills and Carondelet Park. This solid brick two-family offers exceptional flexibility—live in one unit and rent the other, place your own tenants, or add it to your investment portfolio. Each spacious unit features one bedroom and one bathroom, with estimated market rents of $900–$1,000 per month per unit. Seller-reported recent improvements include updated kitchens and bathrooms, paint, flooring, electrical rewiring, sewer lateral replacement, tuckpointing, some window-glass replacement, exterior trim and gutter work, and deck repairs. With added outdoor space, extra privacy, and both units ready for their next occupants, this is a South City opportunity worth seeing.

Highlights

  • Electrical rewiring and sewer lateral replacement
  • Estimated rents of $900$1,000/unit per month
  • Exterior trim, gutter, and deck repairs
  • Flexible opportunity: live in one, rent the other, or add to your portfolio
  • Prime South City location near Holly Hills & Carondelet Park
  • Rare double corner lot with extra outdoor space and privacy
  • Tuckpointing and select window-glass replacements
  • Two vacant 1-bed/1-bath units
  • Updated kitchens, bathrooms, flooring, and paint

Contacts

Location

Located at 5021 Ray Ave, Saint Louis, MO 63116, this property is part of the Bevo Mill neighborhood and St Louis market.

Contact Listing Broker
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