3956 Pennsylvania Avenue St Louis, MO 63118
MULTI_FAMILY - Other - St Louis, MO
- Added:
- May 26, 2026
- Days on Market:
- 47
- Last Refresh:
- Jul 11 at 11:06 am
Property Features for 3956 Pennsylvania Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 4, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 8, Bathroom 1, Bathroom 3, Bedroom 2, Basement, Bedroom 7
- Basement
- Unfinished
- Appliances
- Stainless Steel Appliance(s)
- Standard status
- Active
- APN
- 2570-00-0005-0
- Size
- 2,886 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 671
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1927
- Number of units
- 4
- Building materials
- Brick
- Architectural style
- Other
Listing agent Anthony Schreiber License #2023017404 (913) 908-8001
Listing office EXP Realty, LLC 3636 S Geyer Rd Ste 100, Overland Park, MO (866) 224-1761
Listing date May 26, 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.
Located at 3956 Pennsylvania Avenue in St. Louis, MO 63118 (St. Louis City), the property is currently operating with three units leased at $995 per month. Per the listing, one tenant will be vacating prior to closing, creating an opportunity for an owner-occupant to move into a unit while maintaining rental income from the remaining three.
With the bulk of capital improvements already completed, the building is well-suited to buyers seeking a low-maintenance owner-occupant setup or a buy-and-hold strategy. The listing also notes that comparable 2-bedroom units in the area rent for approximately $1,100 to $1,200+, which may support achievable rent expectations as leases renew.
Key Highlights
- Fully renovated 4‑unit brick building with 2 bed/1 bath layouts throughout
- All major systems replaced in 2024‑2025: plumbing, electrical, HVAC, windows, and water heaters
- Roof repaired in 2024
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 | $46.8k | $16.20 |
| − Vacancy | −$2.7k | −$0.92 |
| EGI | $44.1k | $15.28 |
| − OpEx | −$13.2k | −$4.58 |
| NOI | $30.9k | $10.69 |
