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    3723 Commonwealth Avenue Maplewood, MO 63143

    View on Map
    New
    For Sale
    $975,000

    Contemporary,Historic, 2-4 Units - Maplewood, MO

    Lot size:
    0.37 Acres
    Added:
    Apr 1, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 3 at 11:06 am

    Property Features for 3723 Commonwealth Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Exterior features
    Fencing
    Fencing
    Fenced
    Standard status
    Active
    APN
    22J-51-0355
    Lot size
    0.37 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    10479

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1928
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Contemporary

    We can help!

    Listing Contact
    Patrice TenBroek

    Listing agent Patrice TenBroek License #2001008626

    Listing office RE/MAX Results 8081 Manchester Rd, Saint Louis, MO

    Listing date Apr 1, 2026

    MLS# 25074600 Listing URL

    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.

    Overview

    Maplewood Mixed-Use Investment Opportunity

    Located in Maplewood, this approximately 7800 square-foot building presents a unique investment opportunity. The renovated building features contemporary design elements, including open creative and work spaces on the first floor and a loft-style living space on the second floor. The second floor includes a three-bedroom, two-bath apartment. The property benefits from abundant natural light due to new windows throughout, as well as a new roof, tuckpointing, and updated HVAC and plumbing systems. A parking lot on the west side of the building provides ample parking. Situated one block from Big Bend Boulevard in a private cul-de-sac, the property offers convenient access to I-40 and I-44. The property includes a two-car deep garage in front, suitable for storage or rental income, and a separate two-story barn that could be used for storage or converted into an additional rental apartment. The property's permitted uses include a three-bedroom apartment and co-working space up to 4400 square feet. The owner's business currently occupies part of the first-floor space, and they would consider a sale-lease-back arrangement. The property is suitable for various uses, including living upstairs and operating a business downstairs, leasing the first floor to one or more businesses, or leasing the entire building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Coworking space

    Map

    City
    Maplewood
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.3192
    Latitude
    38.6118

    Nearby Similar for Sale

    • $975,000
      7,672 SF

      Unique Maplewood Live/Work Building

      Unique live/work building in Maplewood with many possibilities.
      3723 Commonwealth Avenue, Maplewood, MO 63143
      View Details
    • Contact for pricing
      5,952 SF

      Maplewood Office Building for Sale

      Three-story office building with high-end finishes and ample parking.
      2000 S Hanley Rd, Maplewood, MO
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    • $1,699,000
      2,511 SF

      Mixed-Use Property in Maplewood

      Versatile mixed-use property with retail, office, and residential spaces.
      7420 Manchester Rd, Maplewood, MO
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Unique live/work building in Maplewood with multiple possibilities.
    Where is this mixed-use property located?
    The property is located at 3723 Commonwealth Avenue Maplewood, MO.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: Unique live/work building in highly desirable Maplewood location.; Substantial 7800 +/- sq ft building with a renovated loft‑style 3‑bedroom/2‑bath living space on the 2nd floor.; Recent renovations including new roof, tuckpointing, HVAC, plumbing, and windows, ensuring low maintenance.
    (314) 951-1905
    We can help!
    Listing Contact
    Patrice TenBroek
    Real Estate License ID: 2001008626
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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