Quadplex with Private Rear
2116 Geyer Avenue St Louis, MO 63104
For Sale
$450,000
MULTI_FAMILY - St Louis, MO
Property Size2,880 SF
Price / SF$156.25
Days on Market238
Property Features for 2116 Geyer Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 1
- Bathrooms
- 1
- Rooms
- Bedroom 1, Bathroom 1, Basement
- Standard status
- Active
- APN
- 1341-00-0135-0
- Size
- 2,880 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2804
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1927
- Number of units
- 4
- Roof type
- Rubber
Listing Agency:
Salient Realty Group, LLC
(314) 374-3687
Listed By:
Timothy McCarthy · License #2019034093
(314) 374-3687
Added: Nov 29, 2025
Changed: Jul 21
Last Checked: Jul 24 at 11:06PM
MLS# 25052302
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 quadplex at 2116 Geyer Avenue features four updated one-bedroom, one-bathroom units. Interiors include hardwood flooring and newly updated kitchens and baths. Each unit also benefits from a private rear deck, offering outdoor space without leaving the building footprint. Shared laundry is available in the basement, and street parking is provided directly in front of the property.
The building is located in the McKinley Heights area of St. Louis City. It is described as conveniently positioned near Lafayette Square, Soulard, and Downtown St. Louis, with walking distance to many of the city’s historical areas.
For tenants or investors seeking a straightforward, low-complexity residential income setup, the property offers four uniform 1BR layouts with recent interior updates and in-unit deck space. The availability is also described as part of a three-property portfolio or individually, which may suit buyers looking for either a single acquisition or to evaluate the broader set of assets together.
The building is located in the McKinley Heights area of St. Louis City. It is described as conveniently positioned near Lafayette Square, Soulard, and Downtown St. Louis, with walking distance to many of the city’s historical areas.
For tenants or investors seeking a straightforward, low-complexity residential income setup, the property offers four uniform 1BR layouts with recent interior updates and in-unit deck space. The availability is also described as part of a three-property portfolio or individually, which may suit buyers looking for either a single acquisition or to evaluate the broader set of assets together.
Key Highlights
- Four updated 1‑bedroom, 1‑bath units with hardwood flooring
- Newly updated kitchens and baths
- Private rear decks for units
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 | $46.7k | $16.20 |
| − Vacancy | −$2.7k | −$0.92 |
| EGI | $44.0k | $15.28 |
| − OpEx | −$13.2k | −$4.58 |
| NOI | $30.8k | $10.69 |
2,880 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$440.0K
$385.0K – $513.3K
NOI $30,798 @ 7.0% cap · market cap 6.84%
Second Best
Apartment 5plus
$382.9K
$335.0K – $446.7K
NOI $26,801 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$618.1K
$540.8K – $721.1K
NOI $43,267 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Quadplex - Four updated 1BR units with hardwood floors, updated kitchens and baths, plus shared basement laundry.
Where is this quadplex located?
The property is located at 2116 Geyer Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four updated 1‑bedroom, 1‑bath units with hardwood flooring; Newly updated kitchens and baths; Private rear decks for units
