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$245,000
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Property Description
This well-maintained 4-family building is a smart and solid income-producing property, perfect for an investor or an owner-occupant looking to have 3 tenants help cover the mortgage! Each unit is approximately 900sf and features a private interior entrance, spacious living room, bedroom, kitchen and bathroom. 2 units have recently been vacated and received cosmetic updates, making them move-in ready for lease or owner occupancy. The remaining 2 units are occupied; 1 on a month-to-month lease (also an updated unit) offering the potential to renovate and re-lease at higher rental rate. Each side has a separate basement that includes PVC sewer stacks, laundry hookups and ample storage, rounding out an excellent investment opportunity.
Full Property Details
Full Property Details for 5321 Michigan Ave
General
- Price: $245,000
- Taxes: $2,455 (2025)
- Status: Active
- Type: Single Family
- Source: MARIS
- MLS ID: 26015828
- Updated: 3/19/2026
- Added to Site: 15 day(s) ago
Location
- Area: 3 - South City
- County: St Louis City
- Township: St. Louis City
- Subdivision: Michigan Heights Condo
- Neighborhood: Carondelet
School Information
- High School District: St. Louis City
- Elementary School: Woodward Elem.
- Middle School: Lyon-Blow Middle
- High School: Roosevelt High
Heating & Cooling
- Cooling Type: Window Air Conditioning
- Heating Type: Forced Air
Utilities
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Other
- Basement: Yes
- Basement Desc.: Full, Unfinished, Walk-Out Access
- Square Feet: 3,536
- Year Built: 1926
Lot Features
- Lot Size (Acres): 0.1292
- Lot Size (Sq. Ft.): 5,627.95
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $2,455
- Tax Year: 2025
Disclosures and Reports
- Ownership: Private
- Special Conditions: Standard
- Disclosures/Reports: Lead Paint
- Property ID: 2823-00-0060-0
Listed by Garcia Properties
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Schools
Schools serving 5321 Michigan Ave
School District:St. Louis City School District
| Name | Grades | Distance |
|---|---|---|
Lyon At Blow Elementary School 516 Loughborough Ave, St. Louis, MO 63111 | PK-8 | 1 mi |
Roosevelt High School 3230 Hartford St, St. Louis, MO 63118 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5321 Michigan Ave
Date
Details
Price
Change
Source
3/19/2026
Listed
$245,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5321 Michigan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,892
-23%
$29,640
33%
2024
$2,455
36%
$22,270
—
2023
$1,801
10%
$22,270
14%
2021
$1,639
—
$19,520
—
2022
$1,642
—
$19,520
4%
2021
$1,639
19%
$18,810
18%
2018
$1,374
-12%
$15,980
-15%
2019
$1,563
16%
$18,810
18%
2017
$1,350
-4%
$15,980
-2%
2016
$1,401
10%
$16,380
—
2015
$1,271
-6%
$16,380
-6%
2014
$1,348
—
$17,410
—
2013
$1,348
—
$17,410
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5321 Michigan Ave
5321 Michigan Avenue, Saint Louis, MO 63111 (MLS# 26015828) is a Single Family property with 0 bedrooms and 0 full bathrooms. 5321 Michigan Avenue is currently listed for $245,000 and was received on March 19, 2026. Want to learn more about 5321 Michigan Avenue? Do you have questions about finding other Single Family real estate for sale in Saint Louis? You can browse all Saint Louis real estate or contact a Coldwell Banker agent to request more information.

