Prop NS
LRA has properties primed and positioned for rehabbers looking for a home to fix up. The Prop NS Program, established in 2017 by the voter-approved Proposition Neighborhood Stabilization (Prop NS), utilizes bond funding to stabilize, secure and sell vacant LRA-owned residential buildings of no more than six (6) units.
Upon completion of stabilization, competitive bids are accepted within 21-day bid windows.
43 Prop NS Stabilized Buildings Available for Offers by Noon on November 3
The Prop NS Program currently has 43 stabilized LRA buildings posted for offers to purchase until noon on November 3, 2025.
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This image is a promotional flyer showing 4 featured buildings available for purchase in St. Louis, Missouri, under Prop NS. The flyer is divided into two rows and 4 columns, each displaying an image of a building, its address, and neighborhood. The headline reads "4 New Prop NS Stabilized Buildings" in a blue banner across the top, with a note that bids are being accepted until "Monday, Nov 3 (noon)."
First column:
1713 Billups Ave The Ville
Second column:
1421 Destrehan St Hyde Park
Third column:
5124 Wabada Ave Kingsway West
Fourth column:
5251 Emerson Ave Walnut Park Est
Middle note:
"PLEASE NOTE: Even with the Prop NS stabilization work, these buildings still require significant investment to reach occupancy standards. Offerors will need to show that they have the resources & capacity to complete rehab to City of St. Louis occupancy standards within 24 months."
Bottom section:
"View 39 additional available properties" A note directs potential buyers to a website for 39 additional available properties "stlouis-mo.gov/Prop-NS." It also provides a contact email (prop-ns@stlouis-mo.gov) and phone number (314-657-3721) for questions. The SLDC (St. Louis Development Corporation) logo is shown in the bottom left corner. The LRA (Land Reutilization Authority) logo is shown in the bottom right corner.
The full list of available buildings, along with information sheets for each of the properties, including the required Prop NS offer form, which bidders will need to complete and submit with their offers, can be found by clicking the button below.
Please note that some of the info sheets posted on our website were completed at the time of stabilization and may not reflect any changes in condition, including any damage caused by the 16 May 2025 tornado.
We highly encourage prospective bidders to personally inspect any property they intend to bid on, as conditions may have changed since stabilization work was completed. A limited number of buildings will be opened up for interested individuals to view the interiors, tentatively to be scheduled on Oct. 21 and Oct. 23. If you would like to request that a property be added to this open house schedule, please email prop-ns@stlouis-mo.gov no later than Friday, October 17. Due to limited staffing capacity, we will prioritize the properties with multiple requests. However, additional photos of the interiors and work completed may be made available upon request.
Please note that ALL Prop NS buildings will still require significant investment, including for new systems. Buyers of Prop NS-stabilized buildings will be expected to demonstrate their capacity and resources to complete full rehabs to satisfy occupancy permit standards, as required by the City of St. Louis Building Division.
All Prop NS-stabilized properties are sold AS IS. Prop NS funding has specific caps on how much can be spent on each building, and no additional work can be completed on properties below using Prop NS funds.
