3824 Folsom Avenue St, Louis, MO 63110
MULTI_FAMILY - Other - St Louis, MO
- Added:
- May 17, 2026
- Days on Market:
- 52
- Last Refresh:
- Jul 7 at 2:06 pm
Property Features for 3824 Folsom Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Basement, Bathroom 2
- Basement
- Unfinished
- Standard status
- Active
- APN
- 4956-00-0160-0
- Size
- 2,250 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2008
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1897
- Building materials
- Brick
- Architectural style
- Other
Listing agent Jonathan Douek License #2012038597 (913) 378-2807
Listing office Platinum Realty of St. Louis 16647 Chesterfield Grv Ste 350, Overland Park, MO (888) 220-0988
Listing date May 17, 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
- Attractive yellow brick duplex on a quiet cul‑de‑sac near SLU and Shaw
- Built in 1897 with brick construction, forced air (natural gas) heat, and central air
- Both units are 2 bed / 1 bath; both are currently occupied
- First‑floor unit: furnished mid‑term rental for travel nurses, rented at $1,800/month through 9/30/26
- Upstairs unit: long‑term tenant (20+ years) paying $1,050/month
- Includes in‑unit laundry in both units, rear parking, and a 2‑story deck for rear entry
Overview
Located on a quiet cul-de-sac in St. Louis City, the property is near SLU and Shaw. Both units are currently occupied, and the seller is offering the home as-is.
Designed for an owner-occupant who wants to house-hack or for an investor seeking existing rental income, the layout supports straightforward day-to-day management with two similarly sized units. The upstairs unit presents an opportunity for a buyer to refresh the unit and adjust rents to the desired market positioning, subject to buyer update preferences. Please do not disturb tenants.
Local 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 | $36.5k | $16.20 |
| − Vacancy | −$2.1k | −$0.92 |
| EGI | $34.4k | $15.28 |
| − OpEx | −$10.3k | −$4.58 |
| NOI | $24.1k | $10.69 |
Alternative Uses
Current Use by Public Records
Map
- City
- Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.242878
- Latitude
- 38.619989
