Commercial & Investment Real Estate Specialists
5008 Oleatha Avenue
St Louis, MO, 63139
$515,000
Beds
4 Baths
3,994 SqFt
0.12 Acres
Add
MLS #MIS26021878 image #0
Awesome cap rate, income-producing 4-family on one of South City’s most iconic tree-lined streets. Set along Oleatha’s garden median avenue in sought-after Northampton area, this 1935 brick building delivers authentic character and meaningful updates. Each unit offers ~1,000 sq ft — generously sized and sure to impress. Main floor units feature updated kitchens w/ white shaker cabinetry, quartz counters & dishwashers, hardwood floors, and abundant closet space. Two units boast original vitrolite tile — a rare Art Deco detail you can’t replicate. Stained glass windows, richly stained doors, private deck per unit. Newer roof, newer hot water heaters, most W/D landlord-owned. Off-street parking. Positive rental income. Savvy buyers — this is an awesome house hacking opportunity! Live in one unit and let the other three offset your mortgage while you build equity in a neighborhood people genuinely want to live in. Steps to Tilles Park, Tower Grove Park & walkable Northampton dining and shops. Solid asset. Real income. Exceptional setting.

Property Details

Price:
$515,000
MLS #:
MIS26021878
Status:
Active
Beds:
0
Baths:
4
Type:
Multi Family
Subtype:
2-4 Units
Subdivision:
Kingshighway Hills Add
Neighborhood:
3southcity
Listed Date:
Apr 17, 2026
Finished Sq Ft:
3,994
Lot Size:
5,175 sqft / 0.12 acres (approx)
Year Built:
1935
Units:
4
Apartment Style3 – South City3southcityKingshighway Hills AddSt. Louis CityBuder Elem.Long Middle Community Ed. CenterRoosevelt High

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Schools

School District:
St. Louis City
Elementary School:
Buder Elem.
Middle School:
Long Middle Community Ed. Center
High School:
Roosevelt High

Interior

Above Grade Finished Area
3994
Appliances
Dishwasher, Dryer, Microwave, Free-Standing Electric Range, Free-Standing Gas Range, Refrigerator, Washer, Washer/Dryer
Cooling
Central Air
Flooring
Hardwood, Wood
Heating
Forced Air, Natural Gas
Interior Features
Chandelier, Custom Cabinetry, Laminate Counters, Pantry, Separate Dining, Solid Surface Countertop(s), Storage
Laundry Features
In Basement, Inside, In Kitchen
Levels
Two

Exterior

Architectural Style
Apartment Style
Construction Materials
Brick
Exterior Features
Storage
Parking Features
Alley Access
Parking Spots
4
Parking Total
4
Patio And Porch Features
Deck, Front Porch
Window Features
Stained Glass

Financial

Net Operating Income
$32,900
Tax Year
2025
Taxes
$4,914

Map

Community

Market Summary

Current real estate data for Multi Family in St Louis as of Apr 24, 2026
370
Multi Family Listed
96
Avg DOM
101
Avg $ / SqFt
$451,331
Avg List Price

Property Summary

    Located in the Kingshighway Hills Add subdivision, 5008 Oleatha Avenue St Louis MO is a Multi Family for sale in St Louis, MO, 63139. It is listed for $515,000 To schedule a showing of MLS#mis26021878 at 5008 Oleatha Avenue in St Louis, MO, contact your Realty Exchange agent at (314) 647-2220.

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