Four-Unit Apartment
New
For Sale
$520,000
Pending
2116 Portis Avenue St, Louis, MO 63110
MULTI_FAMILY - Other - St Louis, MO
Property Size3,400 SF
Lot Size0.12 Acres
Days on Market5
Property Features for 2116 Portis Avenue St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3
Subdivision
Shaws Garden Add
Elementary school
Mann 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
Directions
Portis
Standard status
Pending
APN
5901-00-0100-0
Size
3,400 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5484
Utilities
Cooling system
Central Air
Amenities
central heating and cooling
laundry hook-ups
rear parking
Building Details
Year built
1925
Building materials
Brick
Architectural style
Other
Listing Agency:
Invest St. Louis
(314) 325-6201
Listed By:
Mike Shepherd · License #2010038439
(314) 255-5117
Added: Jul 27
Changed: Jul 29
Last Checked: Jul 31 at 12:06AM
MLS# 26046414
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 well-maintained four-family building offers four large one-bedroom units. One unit is currently vacant, providing flexibility for an owner-occupant, while the remaining three units have additional updates. Each unit includes central heating and cooling, and laundry hook-ups are provided in the basement.
The building has seen multiple improvements, including a newer roof, updated kitchen and baths, hardwood floors, vinyl windows, and one PVC stack. There is rear parking for tenants.
The property is listed as approximately 3,400 square feet total on a 0.1225-acre lot and is located at 2116 Portis Avenue in St. Louis, Missouri 63110.
The building has seen multiple improvements, including a newer roof, updated kitchen and baths, hardwood floors, vinyl windows, and one PVC stack. There is rear parking for tenants.
The property is listed as approximately 3,400 square feet total on a 0.1225-acre lot and is located at 2116 Portis Avenue in St. Louis, Missouri 63110.
Key Highlights
- Brick four‑family building built in 1925 with 3,400 sq. ft. total and four large one‑bedroom units (~800 sq. ft. each)
- One unit currently vacant, offering a setup for an owner‑occupant while other units remain rented
- Each unit has central air and central heating for year‑round comfort
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 | $55.1k | $16.20 |
| − Vacancy | −$3.1k | −$0.92 |
| EGI | $51.9k | $15.28 |
| − OpEx | −$15.6k | −$4.58 |
| NOI | $36.4k | $10.69 |
3,400 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$519.4K
$454.5K – $606.0K
NOI $36,358 @ 7.0% cap · market cap 6.99%
Second Best
Apartment 5plus
$452.0K
$395.5K – $527.3K
NOI $31,640 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$729.7K
$638.5K – $851.3K
NOI $51,079 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
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 - Well-maintained four-family building with four one-bedroom units, central heat and cooling, and basement laundry hook-ups.
Where is this quadplex located?
The property is located at 2116 Portis Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Brick four‑family building built in 1925 with 3,400 sq. ft. total and four large one‑bedroom units (~800 sq. ft. each); One unit currently vacant, offering a setup for an owner‑occupant while other units remain rented; Each unit has central air and central heating for year‑round comfort
