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$1,450
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Property Description
Rare investor opportunity in the heart of Skinker DeBaliviere! Priced $57,000 below the seller's original purchase price, this turn-key 2-bedroom, 1-bath condo offers immediate cash flow and substantial built-in equity. The interior unit suffered zero damage from recent storms and is 100% move-in/rent ready, previously commanding $1,400/month in rent. The complex is currently undergoing comprehensive exterior and roof repairs, fully funded by insurance. Due to ongoing repairs across the development, this condo is non-conforming to FNMA guidelines and requires a cash purchase. Per property management, conventional lender financing is anticipated to re-open once exterior work is completed-offering a prime opportunity for a future cash-out refinance. Selling strictly AS-IS. Minutes from Forest Park, Washington University, and the Delmar Loop. This property is also available for rent at $1450/month
Full Property Details
Full Property Details for 5677 Waterman #32
General
- Rent: $1,450
- HOA FEE: $564/month
- Status: Active
- Type: Condo
- Source: MARIS
- MLS ID: 26058131
- Updated: 9/9/2026
- Added to Site: 32 day(s) ago
Rental Information
- Lease/Rent Term: 6 Months
- Date Available: 9/9/2026
Interior
- Number of Rooms: 5
- Appliances: Stainless Steel Appliance(s), Dishwasher, Disposal, Microwave, Built-In Gas Oven, Refrigerator, Washer/Dryer, Gas Water Heater
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Parking
- Parking Features: Off Street, Secured
Location
- Area: 4 - Central West
- County: St Louis City
- Township: St. Louis City
- Subdivision: Waterman 4 Condominium
- Neighborhood: Skinker DeBaliviere
- Cross Streets: DeBalivier
School Information
- High School District: St. Louis City
- Elementary School: Hamilton Elem. Community Ed.
- Middle School: Langston Middle
- High School: Sumner High
Community
- Assoc. Fees Include: Insurance, Maintenance Grounds, Maintenance Parking/Roads, Common Area Maintenance, Management, Security, Snow Removal
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Water: Public
- Utility Description: Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Mid-Rise (3 or 4 Stories)
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Flat
- Square Feet: 840
- Year Built: 1915
Lot Features
- Lot Features: City Lot
Financial Considerations
- Association Fee: $564
- Assoc Fee Freq.: Monthly
- Tax Amount: $1,906
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: C.B. 3875 E & W KINGSBURY AVE WATERMAN 4 CONDO UNIT 5677- 3E
- Disclosures/Reports: Flood Plain No, Historic Restriction
- Property ID: 3875-18-0028-0
Listed by RE/MAX Results
Schools
Schools serving 5677 Waterman #32
School District:St. Louis City School District
| Name | Grades | Distance |
|---|---|---|
Hamilton Elementary Community Ed. 4160 N Kingshighway, St. Louis, MO 63115 | PK-5 | 0.4 mi |
Langston Middle School 5511 Wabada Avenue, Saint Louis, MO 63112 | 6-8 | 1.8 mi |
Sumner High School 4248 Cottage Ave, St. Louis, MO 63113 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price History for 5677 Waterman #32
Date
Details
Price
Change
Source
9/09/2026
Listed
$1,450
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5677 Waterman #32, Saint Louis, MO 63112 (MLS# 26058131) is a Condo property with 2 bedrooms and 1 full bathroom. 5677 Waterman #32 is currently listed for rent at $1,450 and was received on September 09, 2026. Want to learn more about 5677 Waterman #32? Do you have questions about finding other real estate for sale or rent in Saint Louis? You can browse all Saint Louis rentals or contact a Coldwell Banker agent to request more information.

