Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Stone

  • Parking

    Assigned, Guest

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    1.2821

  • Lot Size(square feet)

    55848.28

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $2,500,000

  • Tax Amount

    $16,126

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Water Source

    Public

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Location

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Listing Courtesy of Shannon Moore-Pruitt , BHHS Select Properties

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Prime Investment Opportunity!! Introducing a secured, well-maintained, cash-flowing multifamily property featuring 48 one-bedroom units ideally configured across four residential buildings, each containing 12 units. This property presents a strong value-add and long-term wealth-building opportunity for investors seeking stable occupancy and future upside. 
Parking lot repaved and security system, keyless entry and gate installed in 2022; Energy efficient HVAC upgrades(furnaces, AC condensers & some water heaters) and electric panels in 2024.
No signage is posted, please DO NOT approach property or disturb tenants. Showings available with accepted contract.

5951-5973 Goodfellow Boulevard

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Rare urban development opportunity in the heart of Midtown St. Louis — 2 acres of investment-grade land positioned at the gateway to the city's newest and fastest-growing district, Prospect Yards. The Steelcote Prospect Yards Assemblage comprises two non-contiguous parcels totaling approximately 2.00 acres (+/-87,120 SF) in City Block 2213: a +/-1.50-acre rectangular parcel fronting Papin Street (the hotel site) and a +/-0.50-acre Chouteau Avenue frontage parcel (the QSR/retail site), with Theresa Avenue providing secondary access on the eastern boundary.
The subject site sits at the epicenter of over $2.8 billion in new construction activity that has transformed Midtown over the last decade. The seller, Pier Property Group, developed the award-winning Steelcote Square campus immediately adjacent — three phases of residential mixed-use totaling 153 units across Steelcote Lofts, Steelcote Crossing, and the ground-up Steelcote Flats (158,000 SF, completed 2022). National retailers Target (70,000 SF) and Topgolf anchor the immediate block. SSM Health's $550 million SLU Hospital and the under-construction Cardinal Glennon Children's Hospital sit directly across Chouteau Avenue — the single strongest demand driver for the proposed hotel use. Saint Louis University's North and South campuses flank the corridor, generating sustained hospitality and retail demand from 15,000+ students, faculty, patients, and medical visitors daily.
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 - property

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