Purchasing Prop NS Properties

Sales guidelines and available properties

Overview

Buildings stabilized through Prop NS are made available for offers to purchase during 21-day bid windows. Properties are sold to the highest bidder who has the capacity to rehab the property to occupancy code within 24 months. 

Due to the 16 May 2025 tornado, all LRA sales processes are paused, including Prop NS. We appreciate your patience as we assess the condition of our inventory and determine how to move forward.

Please read through the sections below for additional information.

Bidding Process and Requirements

Complete and valid offers received within the 21-day bid window will be reviewed by LRA staff and voted at a subsequent meeting of the LRA Board of Commissioners. 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:

2025 Prop NS Bid Form (revised May 2025)

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.

 

There are no featured properties at this time.

Due to potential tornado damage, no Prop NS stabilized properties are available at this time. We appreciate your patience as we assess the condition of our inventory. If you have any questions, email prop-ns@stlouis-mo.gov.

The links below will provide additional information and photos of each property. Please note that this information does not reflect any changes in condition caused by the 16 May 2025 tornado.

Academy

Fountain Park

The Greater Ville

Hamilton Heights

Hyde Park

Jeff-Vander-Lou

Kingsway East

Lewis Place

O'Fallon

Penrose

St. Louis Place

The Ville

Walnut Park East

Walnut Park West

Wells-Goodfellow

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 buyer 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

Gravois Park

  • 3737 Oregon Ave (SOLD - $8,500)
  • 3737 H Oregon Ave (Sold - $8,500)

The Greater Ville

Hamilton Heights

Hyde Park

Jeff-Vander-Lou

Kingsway East

Lewis Place

Mark Twain

Mark Twain I-70 Industrial

North Pointe

O'Fallon

Old North St. Louis

Penrose

Vandeventer

The Ville

Walnut Park East

Wells-Goodfellow

West End

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