Brick-and-Stone Duplex with
For Sale
$355,000
4954 Bancroft Street St, Louis, MO 63109
Residential Income, St Louis, MO
Property Size2,424 SF
Lot Size0.01 Acres
Price / SF$146.45
Days on Market50
Property Features for 4954 Bancroft Street St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bedroom 4, Basement, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 5
Parking
1
Parking features
None
Patio and Porch features
Deck
Interior features
Bookcases
Exterior features
Private Yard
Fencing
Fenced
Fireplace
1
Basement
Full, Unfinished
Appliances
Gas Water Heater
Subdivision
South Hampton
Lot features
Landscaped
Elementary school
Buder 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
Bancroft 1/2 Block off Kingshighway
Standard status
Active
APN
5157-00-0210-0
Size
2,424 SF
Lot size
0.01 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
2903
Utilities
Utilities
Cable Available
Heating system
Natural Gas, Forced Air
Cooling system
Electric, Ceiling Fan(s), Central Air
Water source
Public
Amenities
covered deck
fenced yard
full basement
washer/dryer hookups
Building Details
Year built
1924
Floors in Building
2
Number of units
2
Flooring type
Wood
Building materials
Brick, Vinyl Siding
Architectural style
Other
Listing Agency:
Wood Brothers Realty
(314) 353-8888
Listed By:
Catie Mooney · License #1999133203
(314) 280-0677
Added: Jul 20
Changed: Sep 2
Last Checked: Sep 7 at 8:06AM
MLS# 26029457
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 2,424-square-foot duplex, built in 1924, combines brick and vinyl siding with wood flooring, crown molding, built-in bookcases, and a fireplace. The two-unit configuration includes one three-bedroom residence and one two-bedroom residence. Kitchens feature custom cabinetry and ceramic tile flooring, while the bathrooms include updated flooring, vanities, fixtures, and toilets. A full basement provides washer and dryer hookups, and the kitchen opens onto a large covered deck.
The main-floor residence is occupied by a long-term tenant, while the second-floor unit is vacant for showings once ready. Recent property work includes new electric service, mast, and panels, along with new waterlines extending from the street into the building and units. The property also includes a fenced yard, public water, natural-gas forced-air heat, central air, and one gas water heater.
The main-floor residence is occupied by a long-term tenant, while the second-floor unit is vacant for showings once ready. Recent property work includes new electric service, mast, and panels, along with new waterlines extending from the street into the building and units. The property also includes a fenced yard, public water, natural-gas forced-air heat, central air, and one gas water heater.
Key Highlights
- 2,424‑square‑foot duplex built in 1924
- Three‑bedroom and two‑bedroom unit mix
- New electric service, mast, and panels
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
$25,921
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
7.30%
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%
$518,420
$518.4K
Cap Rate 7%
$370,300
$370.3K
Cap Rate 9%
$288,011
$288.0K
Market Conditions
NOI Build-Up for 2,424 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
$39.3K $16.20/SF
− Vacancy
−$2.2K −$0.92/SF
EGI
$37.0K $15.28/SF
− OpEx
−$11.1K −$4.58/SF
NOI
$25.9K $10.69/SF
Area
St. Louis County, MO
Vacancy
5.70%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
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%
$518,420
Cap Rate 7%
$370,300
Cap Rate 9%
$288,011
Alternative Uses
Best Use
Multifamily LT 5
$370.3K
$324.0K – $432.0K
NOI $25,921 @ 7.0% cap · market cap 7.30%
Second Best
Apartment 5plus
$322.3K
$282.0K – $376.0K
NOI $22,558 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$520.2K
$455.2K – $606.9K
NOI $36,416 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Single-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
867
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 - Two residential units include a three-bedroom layout and a two-bedroom layout.
Where is this duplex located?
The property is located at 4954 Bancroft Street St Louis, MO.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: 2,424‑square‑foot duplex built in 1924; Three‑bedroom and two‑bedroom unit mix; New electric service, mast, and panels
