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$699,000
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Property Description
PRIME INVESTMENT OPPORTUNITY - Multi-Income Property with Endless Potential! Discover an exceptional income-generating estate featuring three distinct revenue streams on one property. This versatile investment includes: Primary Residence: Spacious 1,835 sq ft home with 3 bedrooms and 3 bathrooms - perfect for owner-occupancy while collecting rental income, or lease for additional cash flow. Tenant-Occupied Rental Home: Currently generating steady rental income with an established tenant in place. Income-Producing Horse Barn: Partially occupied with a combination of tenant use and active horse boarding. Additional vacant stalls offer immediate opportunity to increase monthly revenue or accommodate personal horses. Investment Highlights: Multiple established income streams Room for income expansion with available barn stalls Ideal for investors seeking immediate cash flow Perfect for equestrian enthusiasts wanting a live/work property Excellent opportunity for owner-occupant to offset mortgage with rental income Whether you're an investor looking to maximize returns, an equestrian seeking a turnkey operation, or someone wanting to live for less while building wealth, this property delivers. Current tenants and boarders provide immediate income from day one. Don't miss this rare opportunity to own a fully operational, multi-faceted income property!
Full Property Details
Full Property Details for 5501 Dober Ln
General
- Price: $699,000
- Taxes: $6,723 (2024)
- Status: Active
- Type: Single Family
- Source: MARIS
- MLS ID: 25028878
- Updated: 10/30/2025
- Added to Site: 238 day(s) ago
Interior
- Number of Rooms: 9
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Wood Burning, Basement, Living Room
- Appliances: Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main Floor Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: RV Access/Parking, Additional Parking, Attached, Garage
Location
- Area: 332 - Oakville
- County: St. Louis
- Township: Unincorporated
- Subdivision: Dober Estates
School Information
- High School District: Mehlville R-IX
- Elementary School: Wohlwend Elem.
- Middle School: Oakville Middle
- High School: Oakville Sr. High
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air Conditioning, Electric, Heat Pump
- Heating Type: Forced Air, Heat Pump, Electric
Utilities
- Sewer: Lift System, Septic Tank
- Water: Public
- Utility Description: Cable Available, Electricity Connected
Structural Information
- Architectural Style: Ranch
- Basement: Yes
- Basement Desc.: Bathroom, Full
- Square Feet: 1,835
- Year Built: 1987
Lot Features
- Lot Size (Acres): 2.28
- Lot Size (Sq. Ft.): 99,317
- Lot Dimensions: 445 x 264 x 521 x 168
Financial Considerations
- Tax Amount: $6,723
- Tax Year: 2024
Disclosures and Reports
- Ownership: Private
- Special Conditions: Standard
- Disclosures/Reports: Occupancy Permit Required, Septic Disclosure, Unknown
- Property ID: 31H-21-0403
Listed by The Hermann London Group LLC
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Schools
Schools serving 5501 Dober Ln
School District:Mehlville R-Ix School District
| Name | Grades | Distance |
|---|---|---|
Wohlwend Elementary School 5966 Telegraph Rd, St. Louis, MO 63129 | K-5 | 1 mi |
Oakville Middle School 5950 Telegraph Rd, St. Louis, MO 63129 | 6-8 | 1 mi |
Oakville Sr. High School 5557 Milburn Rd, St. Louis, MO 63129 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5501 Dober Ln
Date
Details
Price
Change
Source
10/30/2025
Price Reduced
$699,000
-6.8%
MLS
5/23/2025
Listed
$750,000
—
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 5501 Dober Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,723
1%
$100,410
—
2023
$6,637
27%
$100,410
22%
2021
$5,243
-3%
$82,350
—
2022
$5,391
3%
$82,350
6%
2021
$5,243
1%
$77,780
—
2019
$5,192
3%
$77,780
14%
2018
$5,027
—
$68,000
—
2017
$5,020
4%
$68,000
8%
2016
$4,836
9%
$62,840
—
2015
$4,438
1%
$62,840
1%
2013
$4,402
—
$62,280
—
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 5501 Dober Ln
5501 Dober Lane, Saint Louis, MO 63129 (MLS# 25028878) is a Single Family property with 3 bedrooms and 3 full bathrooms. 5501 Dober Lane is currently listed for $699,000 and was received on May 23, 2025. Want to learn more about 5501 Dober Lane? 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.

