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    1916 Menard St St Louis, MO 63104

    For Sale
    $999,900

    Mid-rise 3or4 Story, 5 Family or More - St Louis, MO

    Property size:
    10,080 SF
    Lot size:
    0.10 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 7 at 4:06 pm

    Property Features for 1916 Menard St St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    0667-00-0010-0
    Parking features
    On Street
    Size
    10,080 SF
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1896
    Number of units
    8
    Building materials
    Brick
    Architectural style
    Other

    The Agency (314) 280-9996 [email protected]

    Listing agent Anthony Klier (314) 677-1477 License #2022012991

    Listing date Nov 25, 2025

    MLS# 25078691 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Soulard Multifamily Investment Opportunity

    Located in the Soulard neighborhood of St. Louis, the property at 1916-1922 Menard Street is an eight-unit multifamily building. Half of the units are two-level, 1015-square-foot 2-bedroom, 1.5-bath apartments, renting for an average of $1356 per month. The remaining four units are 1-bedroom, 1-bath apartments, renting for an average of $929 per month. The property generates $9140 per month, or $109,680 annually. With annual expenses of $29,186, the current Net Operating Income is $75,009, accounting for a 5% vacancy. The property has an in-place Cap Rate of 7.5%. The building's exterior is brick, showcasing architectural features. The rear windows and a portion of the backyard deck are new. A private backyard is included. The property has central air, and each unit has its own electric and gas meter. Currently, tenants use shared washers and dryers in the basement, presenting an opportunity to add in-unit laundry. The property is located in Soulard, near downtown, bars, and restaurants. The property is fully occupied and cash flowing.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.206751
    Latitude
    38.608403

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    FAQs

    What type of property is this?
    Apartment building - Eight-unit multifamily property in the heart of Soulard, St. Louis.
    Where is this apartment building located?
    The property is located at 1916 Menard St St Louis, MO.
    What is the asking price?
    The asking price for this property is $999,900.
    What are key features of this property?
    This property features: - High In-Place Cap Rate: Currently operating at a 7.5% cap rate with a Net Operating Income of $75,009.; - Value-Add Opportunity: Significant income potential by adding in-unit laundry, projected to increase annual income by approximately $30,000 and raise the cap rate to 11%.; - Prime Location in Soulard: Highly desirable area for young professionals and students, ensuring consistent tenant demand and high occupancy rates.
    (314) 677-1477
    Request Owner's contact information
    1916 Menard St St Louis, MO 63104
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    Louis, MO 63104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1916 Menard St St Louis, MO 63104
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