For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    3-Unit Residential 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

    MULTI_FAMILY - St Louis, MO

    Property size:
    2,706 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $194/SF
    Added:
    Mar 9, 2026
    Days on Market:
    122
    Last Refresh:
    Jul 8 at 6:06 pm

    Property Features for 1007 Allen Avenue St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    5
    Rooms
    Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 5
    Appliances
    Gas Water Heater
    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
    Natural Gas, Forced Air
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1885
    Number of units
    3
    Building materials
    Brick

    We can help!

    Contact an agent
    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

    • St. Louis Soulard 3‑family with 3 units in 2 buildings: front duplex plus rear single‑family home
    • Property is fully occupied and generates $4,650/month ($55,800 annually) in current rental income
    • Front duplex units: 1 bed/1 bath rented for $1,100/month and 2 bed/2 bath rented for $1,450/month
    • Rear single‑family home: 2 bed/1.5 bath rented for $2,100/month
    • Separate outdoor space between buildings with a private courtyard/backyard area
    • Built in 1885 with brick construction; natural gas forced‑air heating and central air cooling

    Overview

    This St. Louis three-family property is arranged as two buildings on one parcel. The front building is a duplex with two units: a 1-bedroom/1-bath unit currently rented for $1,100 per month and a 2-bedroom/2-bath unit currently rented for $1,450 per month. In the rear, a single-family home is leased for $2,100 per month and is described as updated, with a 2-bedroom/1.5-bath layout. Between the buildings is a private courtyard or backyard space that provides separation and outdoor area.

    The property is located in Soulard (63104), in St. Louis City. The listing notes proximity to Duke’s, including a free shuttle service to Cardinals, Blues, and STL City SC games, as well as major downtown concerts, along with nearby restaurants and nightlife.

    For an owner-occupant, the rear single-family home offers a livable option while the front duplex generates rental income. For investors, the property is currently fully occupied across three units, providing collected monthly rents from each of the separate living spaces. The listing also indicates that tours require preapproval or proof of funds.

    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.
    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

    (Bike/Boat/Book/etc) Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store Daycare Center Tech Support Center (Bike/Boat/Book/etc) Store Home Appliance Store Skin Care Clinic Butcher (Bike/Boat/Book/etc) Store

    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?
    Duplex - Three-unit rental property with a duplex and rear single-family home plus a private courtyard separation.
    Where is this duplex 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: St. Louis Soulard 3‑family with 3 units in 2 buildings: front duplex plus rear single‑family home; Property is fully occupied and generates $4,650/month ($55,800 annually) in current rental income; Front duplex units: 1 bed/1 bath rented for $1,100/month and 2 bed/2 bath rented for $1,450/month
    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