All-Brick Duplex with
For Sale
$269,900
4200 Lawn Avenue St, Louis, MO 63109
MULTI_FAMILY - Other - St Louis, MO
Property Size2,548 SF
Lot Size0.14 Acres
Price / SF$105.93
Days on Market22
Property Features for 4200 Lawn Avenue St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 1
Parking features
On Street, Garage
Fencing
Fenced
Fireplace
1
Basement
Full, Unfinished, Walk-Out Access
Appliances
Dishwasher, Microwave, Oven, Refrigerator
Subdivision
Northampton Add
Elementary school
Mason Elem.
Middle school
Long Middle Community Ed. Center
High school
Roosevelt High
Elementary school district
St. Louis City
Middle school district
St. Louis City
High school district
St. Louis City
Directions
GPS Friendly
Standard status
Active
APN
6036-00-0080-0
Size
2,548 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3800
Utilities
Heating system
Radiant
Cooling system
Window Unit(s), Wall/Window Unit(s), Ceiling Fan(s)
Water source
Public
Amenities
covered front porch
basement laundry hookups
fully fenced backyard
fireplace
Building Details
Year built
1927
Building materials
Brick
Architectural style
Other
Listing Agency:
EXP Realty, LLC
(866) 224-1761
Listed By:
Julie Thorngren · License #2020001141
(913) 908-8001
Added: Jul 22
Changed: Aug 3
Last Checked: Aug 12 at 7:06PM
MLS# 26037903
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 all-brick duplex features arched brickwork and a fireplace, with both units laid out with a living room, formal dining room, kitchen, full bath, two bedrooms, and a sunroom. Hardwood floors run throughout both units. Additional interior features include basement laundry hookups, and each unit includes appliances such as dishwasher, microwave, oven, and refrigerator. Heating is radiant, and cooling is provided by window and wall/window units with ceiling fans.
The property includes a spacious covered front porch, a fully fenced level backyard, and a detached 2-car garage with on-street parking available. Built in 1927, the duplex is served by public water.
Both units are currently leased: the first-floor tenant is on a lease until May 2027, and the second-floor tenant is on a lease until March 2027. A brand new roof has been installed.
The property includes a spacious covered front porch, a fully fenced level backyard, and a detached 2-car garage with on-street parking available. Built in 1927, the duplex is served by public water.
Both units are currently leased: the first-floor tenant is on a lease until May 2027, and the second-floor tenant is on a lease until March 2027. A brand new roof has been installed.
Key Highlights
- All‑brick duplex with arched brickwork and a fireplace
- First‑floor lease until May 2027 and second‑floor lease until March 2027
- Two‑bedroom units with living room, formal dining room, kitchen, full bath, and sunroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,712
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$474,240
$474.2K
Cap Rate 7%
$338,743
$338.7K
Cap Rate 9%
$263,467
$263.5K
Market Conditions
NOI Build-Up for 2,548 SF
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.
Gross rent
$45.9K $18.00/SF
− Vacancy
−$2.8K −$1.08/SF
EGI
$43.1K $16.92/SF
− OpEx
−$19.4K −$7.61/SF
NOI
$23.7K $9.31/SF
Area
St. Louis County, MO
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$474,240
Cap Rate 7%
$338,743
Cap Rate 9%
$263,467
Alternative Uses
Best Use
Multifamily LT 5
$389.2K
$340.6K – $454.1K
NOI $27,247 @ 7.0% cap · market cap 10.10%
Second Best
Apartment 5plus
$338.7K
$296.4K – $395.2K
NOI $23,712 @ 7.0% cap · market cap 8.79%
Theoretical Best
Office A
$546.8K
$478.5K – $638.0K
NOI $38,279 @ 7.0% cap · market cap 14.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
831
Businesses Nearby
Explore this area
Business Placement
Demographics for 63109, MO
26,777
Population
14,963
Households
1.8
Avg Household Size
39
Median Age
52%
College-Educated
96%
High-School Grad
3.5 sq mi
ZIP Area
7,651
Density / Sq Mi
$71,563
Median Household Income
$52,245
Median Earnings
$929
Median Rent
$244,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - All-brick duplex with fireplace and sunrooms, fully occupied on leases through 2027.
Where is this duplex located?
The property is located at 4200 Lawn Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: All‑brick duplex with arched brickwork and a fireplace; First‑floor lease until May 2027 and second‑floor lease until March 2027; Two‑bedroom units with living room, formal dining room, kitchen, full bath, and sunroom
