2221-2223 Rutger Street St, Louis, MO 63104
- Added:
- Jun 15, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 16 at 5:06 pm
Property Features for 2221-2223 Rutger Street St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Fireplace
- 1
- Basement Y/N
- 1
- Standard status
- Pending
- APN
- 2267-00-0120-0
- Size
- 4,672 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9518
Utilities
- Heating system
- Fireplace(s), Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1887
- Floors in Building
- 2
- Number of units
- 6
- Building materials
- Brick
- Architectural style
- Other
Listing agent Dalton Nicholls License #2019009459 (314) 356-1103
Listing office EXP Realty, LLC 3636 S Geyer Rd Ste 100, Overland Park, MO (866) 224-1761
Listing date Jun 15, 2026
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
- Turnkey 6‑family investment at 2221‑23 Rutger with 4 units currently occupied
- Current rents range from $895 to $1,295; gross rent income was $7,035 when fully occupied
- Bonus included: vacant lot at 2225 Rutger included in the sale at no monetary value
- Built in 1887 with brick construction, basement, and fireplaces
- Heating includes forced air; central air cooling
- Fireplaces present in the property
Overview
The property is located in St. Louis City, MO 63104. The address set includes both the primary building lots and the included vacant lot, giving the buyer a straightforward path to manage the overall assemblage as part of one transaction.
For investors and buyers seeking an income-focused asset, the current occupancy and stated rent range provide a base level of collected income at the time of listing. The included vacant lot adds additional flexibility for future planning, subject to applicable regulations and approvals. The property’s turnkey nature is intended to support a smoother transition for the next owner.
Local Financial Insights For Apartment 5plus
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 | $84.1k | $18.00 |
| − Vacancy | −$5.0k | −$1.08 |
| EGI | $79.1k | $16.92 |
| − OpEx | −$35.6k | −$7.61 |
| NOI | $43.5k | $9.31 |
Alternative Uses
Current Use by Public Records
Map
- City
- Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.216973
- Latitude
- 38.619078
