Updated Quadplex with Gated
3847 Blaine Avenue St Louis, MO 63110
3847 Blaine Avenue St, Louis, MO, 63110
$550,000
For Sale
$550,000
MULTI_FAMILY - Other - St Louis, MO
Property Size4,180 SF
Lot Size0.15 Acres
Price / SF$131.58
Days on Market50
Property Features for 3847 Blaine Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 3, Basement, Bathroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 4
- Window features
- Blinds
- Interior features
- Eat-in Kitchen, Historic Millwork, Kitchen Island, Stone Counters
- Exterior features
- Balcony
- Fireplace
- 1
- Basement
- Unfinished, Storage Space
- Appliances
- Stainless Steel Appliance(s)
- Standard status
- Active
- APN
- 4956-00-0390-0
- Size
- 4,180 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4194
Utilities
- Utilities
- Cable Available
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1907
- Flooring type
- Wood
- Building materials
- Brick, Stone
- Roof type
- Flat
- Architectural style
- Other
Listing Agency
Epique Realty
(888) 893-3537
16225 Park Ten Place Ste 500, St Louis, MO
Listed by
Todd Murray · License #2020041827
(816) 522-4531
Added: May 28 Checked: Jul 16 at 4:06 pm
MLS# 26032940
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.
Investment Insights
Based on property information with market context.
This updated four-family (quadplex) offers four one-bedroom units with original wood floors and historic millwork paired with modernized finishes. Interiors include modern kitchens with granite countertops and updated appliances, remodeled bathrooms, updated flooring, and vinyl windows. The property also features newer exterior improvements such as updated front decks and a durable TPO roof. Additional building systems and conveniences include PVC plumbing stacks, HVAC, and in-unit laundry hook-ups.
Located at 3847 Blaine Avenue in St. Louis, the building sits on a quiet dead-end street with a gated yard. It is positioned just steps from Saint Louis University Medical School and SLU Hospital, and near Cardinal Glennon Children’s Hospital, with proximity to the Shaw neighborhood.
As of the current information, three units are rented, with two annual tenants and one short-term rental in place. The configuration and recent updates support a range of ownership objectives, whether you’re looking for a turnkey income strategy or an owner-occupant setup that can offset housing costs through rental income. Buyers and brokers should confirm current lease terms and unit availability during due diligence.
Located at 3847 Blaine Avenue in St. Louis, the building sits on a quiet dead-end street with a gated yard. It is positioned just steps from Saint Louis University Medical School and SLU Hospital, and near Cardinal Glennon Children’s Hospital, with proximity to the Shaw neighborhood.
As of the current information, three units are rented, with two annual tenants and one short-term rental in place. The configuration and recent updates support a range of ownership objectives, whether you’re looking for a turnkey income strategy or an owner-occupant setup that can offset housing costs through rental income. Buyers and brokers should confirm current lease terms and unit availability during due diligence.
Key Highlights
- Updated 4‑family building built in 1907 in the Tiffany neighborhood
- 3 units currently rented (2 annual tenants and 1 short‑term)
- 1‑bedroom units with original wood floors and historic millwork plus updated kitchens with granite/stone counters and stainless steel appliances
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 | $67.7k | $16.20 |
| − Vacancy | −$3.9k | −$0.92 |
| EGI | $63.9k | $15.28 |
| − OpEx | −$19.2k | −$4.58 |
| NOI | $44.7k | $10.69 |
4,180 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$638.6K
$558.7K – $745.0K
NOI $44,699 @ 7.0% cap · market cap 8.13%
Second Best
Apartment 5plus
$555.7K
$486.2K – $648.3K
NOI $38,899 @ 7.0% cap · market cap 7.07%
Theoretical Best
Office A
$897.1K
$785.0K – $1.05M
NOI $62,797 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four one-bedroom units with renovated interiors and newer exterior improvements, including a TPO roof and laundry hook-ups.
Where is this quadplex located?
The property is located at 3847 Blaine Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Updated 4‑family building built in 1907 in the Tiffany neighborhood; 3 units currently rented (2 annual tenants and 1 short‑term); 1‑bedroom units with original wood floors and historic millwork plus updated kitchens with granite/stone counters and stainless steel appliances