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    Vacant Townhome-Style Three-Family Title is generated by Realmo AI

    1133 Talmage Avenue St, Louis, MO 63110

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    Claim this Listing
    For Sale
    $574,900

    Traditional, 2-4 Units - St Louis, MO

    Property size:
    4,128 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $139/SF
    Added:
    Jun 20, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 27 at 2:06 pm

    Property Features for 1133 Talmage Avenue St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Garage
    Exterior features
    Fencing, Balcony
    Fencing
    Fenced
    Standard status
    Active
    APN
    3992-00-0260-0
    Size
    4,128 SF
    Lot size
    0.32 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    1267

    Utilities

    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    1891
    Number of units
    3
    Building materials
    Brick
    Architectural style
    New Traditional

    We can help!

    Contact an agent
    Jeffrey Jollar

    Listing agent Jeffrey Jollar License #2026020322

    Listing office Invest St. Louis 2309 Thurman, St. Louis, MO

    Listing date Jun 20, 2026

    MLS# 26039282 Listing URL

    Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 4,164 SF three‑family building on a partially fenced lot with patio space and balconies for upper‑floor units
    • Includes a spacious converted 3‑bedroom, 2‑bath townhome unit with 2,000+ SF that is currently vacant
    • Two 1‑bedroom, 1‑bath units with 1,000+ SF each; occupied by long‑term month‑to‑month tenants
    • Below‑market monthly rents reported at $1,110 and $995 for the two 1‑bedroom units
    • Updated kitchens and bathrooms plus central air, fireplaces, hardwood floors, and in‑unit washer/dryers
    • Electric forced‑air heating and central air; garage parking available; fenced yard

    Overview

    This updated three-family property includes a spacious converted three-bedroom, two-bath townhome unit and two large one-bedroom, one-bath units. The townhome offers more than 2,000 square feet and is currently vacant, while the two one-bedroom units each provide more than 1,000 square feet. Interior improvements include updated kitchens with some stainless steel appliances, updated bathrooms, fireplaces, central air, hardwood floors, and in-unit washers and dryers. Outside amenities include a partially fenced backyard with patio space, plus balconies for the upper-floor units.

    Located in The Grove, the property sits near Forest Park and the Missouri Botanical Garden, and is also close to Cortex and Barnes-Jewish Hospital. It is within the area served by the shops, restaurants, and nightlife along Manchester Avenue, giving the asset strong day-to-day rental appeal.

    The two one-bedroom units are occupied by long-term month-to-month tenants paying $1,110 and $995 per month. The townhome is an owner-occupant-ready option for a live-in buyer looking to occupy one unit while maintaining rental income from the other two. Market context included in the materials points to one-bedroom and three-bedroom rental comparables averaging higher rents than the current one-bedroom monthly payments, supporting a practical path to income improvement over time.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $66.9k $16.20
    − Vacancy −$3.8k −$0.92
    EGI $63.1k $15.28
    − OpEx −$18.9k −$4.58
    NOI $44.1k $10.69
    4,128 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $630.6K
    $551.8K – $735.7K (±1% cap)
    NOI $44,143 @ 7.0% cap · market cap 7.68%
    Second Best
    Apartment 5plus
    $548.8K
    $480.2K – $640.3K (±1% cap)
    NOI $38,415 @ 7.0% cap · market cap 6.68%
    Theoretical Best
    Office A
    $885.9K
    $775.2K – $1.03M (±1% cap)
    NOI $62,016 @ 7.0% cap · market cap 10.79%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.251777
    Latitude
    38.626564

    FAQs

    What type of property is this?
    Triplex - Updated three-family property with a vacant townhome unit and two occupied one-bedroom units.
    Where is this triplex located?
    The property is located at 1133 Talmage Avenue St Louis, MO.
    What is the asking price?
    The asking price for this property is $574,900.
    What are key features of this property?
    This property features: 4,164 SF three‑family building on a partially fenced lot with patio space and balconies for upper‑floor units; Includes a spacious converted 3‑bedroom, 2‑bath townhome unit with 2,000+ SF that is currently vacant; Two 1‑bedroom, 1‑bath units with 1,000+ SF each; occupied by long‑term month‑to‑month tenants
    More about this property
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