For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Soulard Multi-Unit Income Property Title is generated by Realmo AI

    1007 Allen Avenue St, Louis, MO 63104

    View on Map
    Claim this Listing
    For Sale
    $525,000

    Residential Income - St Louis, MO

    Property size:
    2,706 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $194/SF
    Added:
    Mar 9, 2026
    Days on Market:
    97
    Last Refresh:
    Jun 13 at 4:06 am

    Property Features for 1007 Allen Avenue St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    0667-00-0170-0
    Size
    2,706 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Annual Amount
    3029

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1885
    Number of units
    3
    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Listing Contact
    Anthony Klier
    Anthony Klier

    Listing agent Anthony Klier License #2022012991

    Listing office The Agency 8007 Clayton Rd, Clayton, MO

    Listing date Mar 9, 2026

    MLS# 26013276 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.

    HighLights

    • High Rental Income: Generates $4,650/month ($55,800 annually) from fully occupied units.
    • Unique Property Configuration: Two buildings (duplex and single‑family home) on one parcel in desirable Soulard.
    • High‑End Single‑Family Home: Updated 2 bed/1.5 bath home with high‑end finishes and modern design.
    • Owner‑Occupancy Potential: Live in the single‑family home while the duplex generates rental income.
    • Features a private courtyard/backyard between the buildings.
    • Prime Location: Steps from entertainment, restaurants, and free shuttle service to major events.

    Overview

    This property in St. Louis' Soulard neighborhood features a three-family setup with a duplex at the front and a single-family house at the rear, effectively offering two properties. The buildings are fully occupied and generate $4,650 per month, or $55,800 annually. The front duplex includes a one-bedroom, one-bathroom unit renting for $1,100 per month and a two-bedroom, two-bathroom unit renting for $1,450 per month. The updated two-bedroom, one-and-a-half-bathroom single-family home at the rear is leased for $2,100 per month. A private courtyard separates the two buildings, providing an outdoor space. The single-family home features high-end finishes and modern design. The property's flexibility allows for various uses. An owner could occupy the rear home while the duplex generates over $2,500 monthly, potentially covering a significant portion of the mortgage. Investors might explore short-term rental options, with potential Airbnb income projected at over $4,000 per unit monthly. Located near Duke's, with shuttle service to sports games and concerts, the property is also close to Soulard's restaurants, bars, and nightlife. The lot size is 0.0561 acres and the property size is 2,706 square feet.

    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 $43.8k $16.20
    − Vacancy −$2.5k −$0.92
    EGI $41.3k $15.28
    − OpEx −$12.4k −$4.58
    NOI $28.9k $10.69
    2,706 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $413.4K
    $361.7K – $482.3K (±1% cap)
    NOI $28,937 @ 7.0% cap · market cap 5.51%
    Second Best
    Apartment 5plus
    $359.7K
    $314.8K – $419.7K (±1% cap)
    NOI $25,182 @ 7.0% cap · market cap 4.80%
    Theoretical Best
    Office A
    $580.8K
    $508.2K – $677.6K (±1% cap)
    NOI $40,653 @ 7.0% cap · market cap 7.74%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.206367
    Latitude
    38.60818

    FAQs

    What type of property is this?
    Triplex - Three units in two buildings generating $4,650 monthly income.
    Where is this triplex located?
    The property is located at 1007 Allen Avenue St Louis, MO.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: High Rental Income: Generates $4,650/month ($55,800 annually) from fully occupied units.; Unique Property Configuration: Two buildings (duplex and single‑family home) on one parcel in desirable Soulard.; High‑End Single‑Family Home: Updated 2 bed/1.5 bath home with high‑end finishes and modern design.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message