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Three-Unit Multifamily Property
For Sale
$225,000

1036 Theobald St, Saint Louis, MO 63147

Front duplex and separate rear dwelling provide a compact multifamily configuration.

Property Size2,300 SF
Price / SF$97.83
Days on Market39

Property Features for 1036 Theobald St

General Information

Standard status Active
Size 2,300 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $453
Listing Agency: Golde Real Estate LLC
Listed By: Michael Golde
Source: Exprealty
Added: Jul 24 Changed: Aug 29 Last Checked: Aug 30 at 7:52PM

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 Golde Real Estate LLC

Investment Insights

Based on property information with market context.

This 2,300-square-foot multifamily property includes a front duplex and a separate rear dwelling, with three one-bedroom units overall. All three units are occupied by long-term tenants. The property also includes a vacant lot accompanied by a boundary survey. Original character is complemented by completed tuckpointing, a dry basement, newer furnaces, newer water heaters, and newer air-conditioning systems.

Located at 1036 Theobald St in Saint Louis, the property sits on a street bordered by two active churches and a pre-school. Baden School is identified for scheduled rehabilitation by Lutheran Development Group. Property management may remain in place, providing continuity for the existing operation.

Key Highlights

  • Three one‑bedroom units, all occupied by long‑term tenants
  • Front duplex paired with a separate rear dwelling
  • 2,300‑square‑foot multifamily property

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Skin Care Clinic Electrical Service Barber Shop (Bike/Boat/Book/etc) Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

361
Businesses Nearby

Demographics for 63147, MO

8,499
Population
4,542
Households
1.9
Avg Household Size
44
Median Age
12%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
1,441
Density / Sq Mi
$39,119
Median Household Income
$27,956
Median Earnings
$926
Median Rent
$70,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Front duplex and separate rear dwelling provide a compact multifamily configuration.
Where is this multifamily property located?
The property is located at 1036 Theobald St Saint Louis, MO.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Three one‑bedroom units, all occupied by long‑term tenants; Front duplex paired with a separate rear dwelling; 2,300‑square‑foot multifamily property
More about this property
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