Residential Land with Home for Sale in St. Louis, Missouri
5501 Dober Ln, St. Louis, MO 63129
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!
Location
- Street address
- 5501 Dober Ln
- County
- Saint Louis County
- Community
- Dober Estates
- School district
- Mehlville R-IX
- Elevation
- 548 feet
Property details
- Acreage
- 2.28 acres
- MLS #
- MARIS 25028878
- Posted
Property taxes
- 2024
- $6,723
Parcels
- 31H-21-0403
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Exterior
- Parking Spaces
- 2
- Parking
- Attached Garage, Garage, RV
Structure
- Style
- Ranch
- Stories
- 1
- Heating
- Electric, Fireplace(s), Forced Air, Heat Pump
- Cooling
- Ceiling Fan(s), Central Air
Interior
- Room Count
- 9
- Rooms
- Basement, Bathroom x 3, Bedroom x 3
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Wohlwend Elem. | Elementary | Mehlville R-IX | — |
| Oakville Middle | Middle | Mehlville R-IX | — |
| Oakville Sr. High | High | Mehlville R-IX | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 31, 2025 | Price drop | $699,000 | $51,000 -6.8% | MARIS |
| May 23, 2025 | New listing | $750,000 | — | MARIS |