3465-67 S Grand St Louis, MO 63118
MULTI_FAMILY - Other - St Louis, MO
- Added:
- Apr 18, 2026
- Days on Market:
- 87
- Last Refresh:
- Jul 13 at 3:06 am
Property Features for 3465-67 S Grand St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 2
- Parking features
- Alley
- Standard status
- Active
- APN
- 1595-00-02007
- Size
- 2,000 SF
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Building materials
- Brick
- Architectural style
- Other
Listing agent Lisa Alexander License #1999111692 (314) 835-6000
Listing office Berkshire Hathaway HomeServices Select Properties 12851 Manchester Rd, Suite 100, St. Louis, MO (314) 775-2050
Listing date Apr 18, 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.
Investment Insights
Based on property information with market context.
The building is located in St. Louis City with convenient transit access, described as being on a bus line. A grocery store is across the street, and restaurants and shopping are in the nearby area.
This layout can support tenants seeking a combination of apartment and retail uses within the same structure, with residential space positioned above and commercial space below. The updated units and established resident base may appeal to buyers looking for a property that already supports ongoing occupancy, while the full basement and off-street parking can add practical utility for day-to-day operations.
Key Highlights
- Brick building with forced‑air heating and central air
- Year built: 1950
- Multi‑use layout: upstairs residential apartments and downstairs commercial space with full basement
Local Financial Insights For Retail
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 | $44.6k | $22.32 |
| − Vacancy | −$6.2k | −$3.10 |
| EGI | $38.4k | $19.22 |
| − OpEx | −$11.5k | −$5.77 |
| NOI | $26.9k | $13.45 |
