Residential Income
For Sale
Contact for pricing
1131 Walton Ave, Saint Louis, MO 63113
Residential income property with substantial interior space and an as-is sale condition.
Property Size6,624 SF
Price / SF$2.25
Days on Market239
Property Features for 1131 Walton Ave
General Information
Standard status
Active
Size
6,624 SF
Property subtype
Residential Income
Listing Agency:
Ascend Real Estate Advisors
5944024
Listed By:
Antione Lawrence
(314) 594-4024
Source:
Exprealty
Added: Feb 22
Changed: Oct 13
Last Checked: Oct 19 at 10:05AM
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 Ascend Real Estate Advisors
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Investment Insights
Based on property information with market context.
This residential income property contains 6,624 square feet and is being offered in as-is condition. The property includes interior space suited to a residential income asset and is located on Walton Ave in Saint Louis, Missouri.
The property is situated in Fountain Park, providing a defined neighborhood setting within the city. Its size and existing configuration offer a substantial footprint for evaluation by buyers considering a residential income property.
The property is situated in Fountain Park, providing a defined neighborhood setting within the city. Its size and existing configuration offer a substantial footprint for evaluation by buyers considering a residential income property.
Key Highlights
- 6,624 square feet of interior space
- Property offered in as‑is condition
- Located at 1131 Walton Ave in Saint Louis, MO
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,643
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,232,860
$1.2M
Cap Rate 7%
$880,614
$880.6K
Cap Rate 9%
$684,922
$684.9K
Market Conditions
NOI Build-Up for 6,624 SF
Gross rent
$119.2K $18.00/SF
− Vacancy
−$7.2K −$1.08/SF
EGI
$112.1K $16.92/SF
− OpEx
−$50.4K −$7.61/SF
NOI
$61.6K $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%
$1,232,860
Cap Rate 7%
$880,614
Cap Rate 9%
$684,922
Alternative Uses
Best Use
Apartment 5plus
$880.6K
$770.5K – $1.03M
NOI $61,643 @ 7.0% cap · market cap 413.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M
NOI $99,514 @ 7.0% cap · market cap 667.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
941
Businesses Nearby
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Business Placement
Demographics for 63113, MO
10,882
Population
7,400
Households
1.5
Avg Household Size
41
Median Age
17%
College-Educated
84%
High-School Grad
2.6 sq mi
ZIP Area
4,185
Density / Sq Mi
$38,647
Median Household Income
$29,648
Median Earnings
$914
Median Rent
$75,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Residential income property - Residential income property with substantial interior space and an as-is sale condition.
Where is this residential income property located?
The property is located at 1131 Walton Ave Saint Louis, MO.
What are key features of this property?
This property features: 6,624 square feet of interior space; Property offered in as‑is condition; Located at 1131 Walton Ave in Saint Louis, MO
