Updated Duplex with Central
For Sale
$289,900
3443 Utah Street St, Louis, MO 63118
MULTI_FAMILY - Other - St Louis, MO
Property Size2,550 SF
Lot Size0.09 Acres
Price / SF$113.69
Days on Market19
Property Features for 3443 Utah Street St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Basement, Bedroom 2, Bedroom 3
Fireplace
1
Basement
Unfinished, Walk-Out Access
Appliances
Refrigerator
Subdivision
Tower Grove Heights
Elementary school
Froebel 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
1490-00-0340-0
Size
2,550 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1915
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
hardwood floors
decorative fireplaces
original woodwork
abundant natural light
central air conditioning
bonus space
private balcony
full walkout basement
level fenced backyard
Building Details
Year built
1908
Floors in Building
2
Flooring type
Wood
Building materials
Brick, Stone
Architectural style
Other
Listing Agency:
RE/MAX Results · RE/MAX International
(314) 894-8775
Listed By:
Sarah Nguyen-Bani · License #2002004718
(314) 781-7777
Added: Jul 22
Changed: Aug 4
Last Checked: Aug 9 at 7:06PM
MLS# 26029473
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 updated duplex at 3443 Utah Street offers two separate units designed for comfort and everyday livability. Each unit features two bedrooms and one full bathroom, with hardwood flooring through most living areas, decorative fireplaces, and original woodwork details. Additional improvements include newer bathrooms, some updated kitchens, upgraded plumbing, updated electrical panels, newer water heaters, newer forced-air heating systems, and central air conditioning. The second-floor unit also includes a bonus space and private balcony access. A full walkout basement provides additional storage and functionality, and the property includes a level fenced backyard. The property is being sold as-is, and the seller will not provide inspections or repairs.
The home is located in the Tower Grove East area of St. Louis City, just minutes from Tower Grove Park and Grand Avenue restaurants, coffee shops, and nearby institutions including SLU, SSM Health, and Children’s Hospital. Public water service is available.
Built in 1908, the duplex features brick and stone construction and includes a refrigerator.
The home is located in the Tower Grove East area of St. Louis City, just minutes from Tower Grove Park and Grand Avenue restaurants, coffee shops, and nearby institutions including SLU, SSM Health, and Children’s Hospital. Public water service is available.
Built in 1908, the duplex features brick and stone construction and includes a refrigerator.
Key Highlights
- Two updated units with two bedrooms and one full bath per unit
- Central air with newer forced‑air heating systems
- Decorative fireplaces, hardwood flooring, and original woodwork details
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
$23,730
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
8.19%
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%
$474,600
$474.6K
Cap Rate 7%
$339,000
$339.0K
Cap Rate 9%
$263,667
$263.7K
Market Conditions
NOI Build-Up for 2,550 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
$45.9K $18.00/SF
− Vacancy
−$2.8K −$1.08/SF
EGI
$43.1K $16.92/SF
− OpEx
−$19.4K −$7.61/SF
NOI
$23.7K $9.31/SF
Area
St. Louis County, MO
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
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%
$474,600
Cap Rate 7%
$339,000
Cap Rate 9%
$263,667
Alternative Uses
Best Use
Multifamily LT 5
$389.6K
$340.9K – $454.5K
NOI $27,269 @ 7.0% cap · market cap 9.41%
Second Best
Apartment 5plus
$339.0K
$296.6K – $395.5K
NOI $23,730 @ 7.0% cap · market cap 8.19%
Theoretical Best
Office A
$547.3K
$478.9K – $638.5K
NOI $38,309 @ 7.0% cap · market cap 13.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,631
Businesses Nearby
Explore this area
Business Placement
Demographics for 63118, MO
25,194
Population
14,770
Households
1.7
Avg Household Size
34
Median Age
38%
College-Educated
87%
High-School Grad
3.4 sq mi
ZIP Area
7,410
Density / Sq Mi
$57,268
Median Household Income
$44,717
Median Earnings
$952
Median Rent
$210,900
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?
Duplex - Updated two-unit duplex with central air, forced-air heating, fireplaces, a fenced backyard, and walkout basement storage.
Where is this duplex located?
The property is located at 3443 Utah Street St Louis, MO.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Two updated units with two bedrooms and one full bath per unit; Central air with newer forced‑air heating systems; Decorative fireplaces, hardwood flooring, and original woodwork details
