Purchasing Prop NS Properties

Buildings certified as fully stabilized will be listed here when available for purchase.

Overview

Buildings stabilized through Prop NS are made available for offers to purchase during 21-day bid windows. The available properties typically includes 12 Featured Properties, as well as all previously featured properties which are neither pending sale nor sold.

The most recent 21-day bid window CLOSED on Monday, January 27th at 12:00pm (noon). All offers received within the bid window will be reviewed at the February 26, 2025 meeting of the LRA Board of Commissioners. Please see the sections below for additional information on requirements to bid and available properties.

  • Bidding Process and Requirements: Information on the bidding process, bidder eligibility and the required bid form.
  • Available Properties: Photos and information sheets on all Prop NS stabilized properties that are available for offers to purchase, as well as open house information.
  • Sold or Sale Pending: Prior sales materials for properties which have sold or are pending sale.

Bidding Process and Requirements

Complete and valid offers received within the 21-day bid window will be reviewed and evaluated by LRA staff and voted on at the following LRA Board meeting. The LRA Board will select the buyer with the highest bid who (in LRA's assessment) has the capacity to complete the rehab and bring the building up to occupancy code within 24 months. All offers submitted will receive a letter through the mail informing the offerors of the decisions made by the LRA Board. LRA will record a deed of trust on each Prop NS-stabilized property to ensure that rehab will be completed by the purchaser within 24 months.

LRA will generally only sell an offeror one property at a time. You may submit offers on multiple properties per round, but be aware that you may only have your offer accepted on one property. LRA will only sell additional properties to prior purchasers when they have shown significant progress on their earlier Prop NS purchase.

Eligibility

  • Must be legally able to own real estate in the State of Missouri
  • If an entity, must be in good standing
  • If other properties are owned in the City of St. Louis, must
    • Be current on all real estate taxes owed to Collector of Revenue
    • Have no outstanding code violations with the Building Division
    • Have no outstanding service fees due to Forestry Division
    • Have no open problem property cases with City Counselor’s Office
  • If previously purchased LRA property, must be within compliance of any LRA contracts and agreements

Required Bid Form

To submit an offer for one of the stabilized buildings available for purchase, please download, complete, and submit the following offer form:

2024 Prop NS Bid Form (revised 16 October 2024)

Deliver the completed form to the LRA office at:

1520 Market Street, Suite 2000
St. Louis, MO 63103

The form may be delivered either by mail or in person, provided it arrives before the posted deadline. Please note that only fully completed forms will be considered for purchase.

 

Properties listed below have been structurally stabilized through the Prop NS Program, and were available for offers to purchase from Monday, January 6th to Monday, January 27th at 12:00pm (noon). This bid period is now CLOSED. Please follow the bid guidelines above. If you have any questions, email prop-ns@stlouis-mo.gov.

Open Houses

We will provide open houses upon request only during open bid periods. Watch for information to be posted here when the next bid period opens.  If you would like to receive the schedule of open houses, please email Henry at prop-ns@stlouis-mo.gov.

Use the links below to see information sheets for each address, but please note that some of these properties may now have offers pending, with details to be posted here later regarding which ones will be re-posted during the next bid period.

The Greater Ville

Hamilton Heights

1461 Laurel St

a two-story brick building with boarded-up windows

Kingsway East

O'Fallon

Walnut Park East

All properties listed below were previously featured and unsold, and will be available again for offers to purchase until sold. As noted above, some of these properties may have received offers during the bid period that ended on January 27, 2025. Please check back in early March to see the updated list of all properties that will be available in the next bid period.

If interested in making an offer to purchase, please follow the bid guidelines above. If you have any questions, email prop-ns@stlouis-mo.gov.

The links below will provide additional information and photos of each property.

Academy

College Hill

Fountain Park

The Greater Ville

Hamilton Heights

Hyde Park

Kingsway East

Lewis Place

Mark Twain

O'Fallon

Old North St. Louis

Penrose

Vandeventer

The Ville

Walnut Park East

Walnut Park West

West End

Sold or Sale Pending

The information below is provided as a reference to show previous stabilization work and winning bids. These properties are under contract or have been sold and are currently in the possession of private owners. If no offers were received or if the approved buyers fails to close on their purchase, the properties will be re-posted for bids and listed above.

Academy

Baden

College Hill

Dutchtown

Fairground

Fountain Park

The Greater Ville

Hamilton Heights

Hyde Park

Jeff-Vander-Lou

Kingsway East

Lewis Place

Mark Twain I-70 Industrial

North Pointe

O'Fallon

Old North St. Louis

Penrose

The Ville

Walnut Park East

Wells-Goodfellow

West End

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