Updated Four-Unit Brick
New
For Sale
$599,900
2037 Maury Avenue St, Louis, MO 63110
Residential Income, St Louis, MO
Property Size3,500 SF
Lot Size0.12 Acres
Price / SF$171.40
Days on Market1
Property Features for 2037 Maury Avenue St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Basement, Bedroom 1, Bathroom 1
Parking features
On Street
Interior features
Ceiling Fan(s)
Exterior features
Entry Steps/Stairs
Basement
Full
Appliances
Water Heater
Subdivision
Shaws Garden Add
Elementary school
Adams Elem.
Middle school
Long Middle Community Ed. Center
High school
Roosevelt High
Elementary school district
St. Louis City
Middle school district
St. Louis City
High school district
St. Louis City
Standard status
Active
APN
C. B. 5907 MAURY AV 42 FT X 125 FT SHAWS GARDEN SU
Size
3,500 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Description
C. B. 5907 MAURY AV 42 FT X 125 FT SHAWS GARDEN SUBDN BLOCK I LOTS 7 & S-8
Legal Description
C. B. 5907 MAURY AV 42 FT X 125 FT SHAWS GARDEN SUBDN BLOCK I LOTS 7 & S-8
Utilities
Utilities
Cable Available
Heating system
Forced Air, Natural Gas
Cooling system
Electric, Central Air
Water source
Public
Amenities
off-street parking
Building Details
Year built
1926
Floors in Building
2
Number of units
4
Flooring type
Vinyl
Building materials
Brick
Architectural style
Other
Listing Agency:
Nettwork Global
(636) 614-5132
Listed By:
Joe Geary · License #2018025898
(636) 614-5132
Added: Aug 21
Last Checked: Aug 21 at 8:06AM
MLS# 26053000
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.
Investment Insights
Based on property information with market context.
This 3,500-square-foot brick quadplex contains four residential units, each configured with 2 bedrooms and 1 bathroom. Interior updates include newer vinyl flooring, fresh paint, updated light fixtures, and refreshed kitchens and bathrooms. Central air, forced-air heating, and natural gas service support the building, which was constructed in 1926. The property also includes a basement and a 0.12-acre lot.
The building is fully occupied with tenants in place. Its 2037 Maury Avenue location in St. Louis is within walking distance of coffee shops, restaurants, and the Missouri Botanical Garden. Public water service and cable availability are documented, while exterior features include entry steps and stairs.
The building is fully occupied with tenants in place. Its 2037 Maury Avenue location in St. Louis is within walking distance of coffee shops, restaurants, and the Missouri Botanical Garden. Public water service and cable availability are documented, while exterior features include entry steps and stairs.
Key Highlights
- Four‑unit quadplex with 3,500 square feet of building area
- Each unit includes 2 bedrooms and 1 bathroom
- Fully occupied with tenants in place
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,428
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$748,560
$748.6K
Cap Rate 7%
$534,686
$534.7K
Cap Rate 9%
$415,867
$415.9K
Market Conditions
NOI Build-Up for 3,500 SF
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.
Gross rent
$56.7K $16.20/SF
− Vacancy
−$3.2K −$0.92/SF
EGI
$53.5K $15.28/SF
− OpEx
−$16.0K −$4.58/SF
NOI
$37.4K $10.69/SF
Area
St. Louis County, MO
Vacancy
5.70%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$748,560
Cap Rate 7%
$534,686
Cap Rate 9%
$415,867
Alternative Uses
Best Use
Multifamily LT 5
$534.7K
$467.9K – $623.8K
NOI $37,428 @ 7.0% cap · market cap 6.24%
Second Best
Apartment 5plus
$465.3K
$407.1K – $542.9K
NOI $32,571 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$751.2K
$657.3K – $876.4K
NOI $52,581 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
747
Businesses Nearby
Explore this area
Business Placement
Demographics for 63110, MO
18,199
Population
10,260
Households
1.8
Avg Household Size
33
Median Age
64%
College-Educated
97%
High-School Grad
6.6 sq mi
ZIP Area
2,757
Density / Sq Mi
$73,809
Median Household Income
$55,340
Median Earnings
$1,183
Median Rent
$314,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied four-unit property with refreshed kitchens, baths, flooring, and lighting in a walkable St. Louis setting.
Where is this quadplex located?
The property is located at 2037 Maury Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Four‑unit quadplex with 3,500 square feet of building area; Each unit includes 2 bedrooms and 1 bathroom; Fully occupied with tenants in place
