Three-Family Residential
1210 S Newstead Avenue St Louis, MO 63110
1210 S Newstead Avenue St, Louis, MO, 63110
$489,500
For Sale
$489,500
MULTI_FAMILY - Other - St Louis, MO
Property Size3,056 SF
Lot Size0.06 Acres
Price / SF$160.18
Days on Market17
Property Features for 1210 S Newstead Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bedroom 1, Bedroom 6, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 7, Bedroom 4, Bathroom 2, Bedroom 2
- Standard status
- Active
- APN
- 3976-00-0410-0
- Size
- 3,056 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2782
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1889
- Building materials
- Brick
- Architectural style
- Other
Listing agency
Invest St. Louis
(314) 325-6201
Listed by
Dan Hartzke · License #2022036773
(314) 255-5117
Added: Jul 7 Updated: Jul 22 at 2:50PM Checked: Jul 23 at 5:06AM
MLS# 26019854
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.
Investment Insights
Based on property information with market context.
Turnkey three-family at 1210 S Newstead Avenue, featuring two 2-bedroom units and one 3-bedroom unit. All units have been fully renovated with updated kitchens and baths, along with plumbing updates. Improvements also include tuckpointing completed in 2023. Each unit is equipped with central air conditioning and forced-air heat.
One of the 2-bedroom units is currently vacant and move-in ready, providing flexibility for an owner-occupant or an investor looking to stabilize occupancy.
The property is set up for straightforward rental management with three separate residential units within a single building configuration. With modernized interiors and recent exterior work, the home is positioned for low-maintenance operations following the 2023 tuckpointing.
One of the 2-bedroom units is currently vacant and move-in ready, providing flexibility for an owner-occupant or an investor looking to stabilize occupancy.
The property is set up for straightforward rental management with three separate residential units within a single building configuration. With modernized interiors and recent exterior work, the home is positioned for low-maintenance operations following the 2023 tuckpointing.
Key Highlights
- Brick 3‑family building built in 1889 with forced‑air heat and central A/C
- Unit mix: two 2BR units and one 3BR unit
- Fully renovated interiors with updated kitchens, baths, and plumbing
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 | $49.5k | $16.20 |
| − Vacancy | −$2.8k | −$0.92 |
| EGI | $46.7k | $15.28 |
| − OpEx | −$14.0k | −$4.58 |
| NOI | $32.7k | $10.69 |
3,056 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$466.9K
$408.5K – $544.7K
NOI $32,680 @ 7.0% cap · market cap 6.68%
Second Best
Apartment 5plus
$406.3K
$355.5K – $474.0K
NOI $28,439 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$655.9K
$573.9K – $765.2K
NOI $45,911 @ 7.0% cap · market cap 9.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Turnkey three-family with two 2BR units and one 3BR, all fully renovated and equipped with central A/C.
Where is this triplex located?
The property is located at 1210 S Newstead Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $489,500.
What are key features of this property?
This property features: Brick 3‑family building built in 1889 with forced‑air heat and central A/C; Unit mix: two 2BR units and one 3BR unit; Fully renovated interiors with updated kitchens, baths, and plumbing
