36-Unit Brick Apartment
1014 Oakview Place, Saint Louis, MO 63110
For Sale
$4,450,000
Three residential buildings offer in-unit laundry, hardwood floors, private balconies, and off-street parking.
Property Size23,400 SF
Price / SF$190.17
Days on Market431
Property Features for 1014 Oakview Place
General Information
Standard status
Size
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
in-unit washers and dryers
hardwood floors
updated kitchens
quartz countertops
stainless-steel appliances
rear balconies
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
CBRE
Listed By:
Matt Bukhshtaber · License #2011029892
(314) 655-6048
Source:
Janetmcafee
Added: Sep 3, 2025
Changed: Nov 7
Last Checked: Nov 7 at 1:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE
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Investment Insights
Based on property information with market context.
Built in 1927, this 23,400-square-foot apartment property comprises three all-brick buildings and 36 one-bedroom, one-bathroom residences. The units have hardwood floors, washers and dryers, and rear balconies. Updated kitchens with quartz counters and stainless-steel appliances are present in most units; five still have kitchens that have not been updated. Occupancy is 100%, and off-street parking is provided in a lot behind the buildings.
The property is in St. Louis’s Central Corridor, minutes from Forest Park and near WashU. Dogtown, downtown Clayton, and major hospitals and employers in the Central West End are also within reach.
The property is in St. Louis’s Central Corridor, minutes from Forest Park and near WashU. Dogtown, downtown Clayton, and major hospitals and employers in the Central West End are also within reach.
Key Highlights
- 36 one‑bedroom, one‑bathroom apartments across three buildings
- 23,400‑square‑foot property built in 1927
- All‑brick construction with rear balconies
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$217,760
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,355,200
$4.4M
Cap Rate 7%
$3,110,857
$3.1M
Cap Rate 9%
$2,419,556
$2.4M
Market Conditions
NOI Build-Up for 23,400 SF
Gross rent
$421.2K $18.00/SF
− Vacancy
−$25.3K −$1.08/SF
EGI
$395.9K $16.92/SF
− OpEx
−$178.2K −$7.61/SF
NOI
$217.8K $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 Rate 5%
$4,355,200
Cap Rate 7%
$3,110,857
Cap Rate 9%
$2,419,556
Alternative Uses
Best Use
Apartment 5plus
$3.11M
$2.72M – $3.63M
NOI $217,760 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.02M
$4.39M – $5.86M
NOI $351,544 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
36
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
872
Businesses Nearby
Explore this area
Business Placement
Demographics for 63110, MO
18,199
Population
10,260
Households
1.8
Avg Household Size
33
Median Age
64%
College-Educated
97%
High-School Grad
6.6 sq mi
ZIP Area
2,757
Density / Sq Mi
$73,809
Median Household Income
$55,340
Median Earnings
$1,183
Median Rent
$314,600
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in St. Louis County, MO
Properties on Market for Apartment buildings in St. Louis County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Three residential buildings offer in-unit laundry, hardwood floors, private balconies, and off-street parking.
Where is this apartment building located?
The property is located at 1014 Oakview Place Saint Louis, MO.
What is the asking price?
The asking price for this property is $4,450,000.
What are key features of this property?
This property features: 36 one‑bedroom, one‑bathroom apartments across three buildings; 23,400‑square‑foot property built in 1927; All‑brick construction with rear balconies
