Renovated 4-Unit
1533 Tamm Avenue, Saint Louis, MO 63139
For Sale
New
$850,000
Residential Income, St Louis, MO
Property Size4,248 SF
Lot Size0.29 Acres
Price / SF$200.09
Days on Market1
Property Features for 1533 Tamm Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Basement
Appliances
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Cooling system
Water source
Amenities
hardwood floors
custom cabinets
granite counters
stainless steel appliances
on-site laundry
storage lockers
parking pad
Building Details
Year built
Building materials
Architectural style
Listing Agency:
Exit Elite Realty · EXIT Realty
(636) 464-3222
Listed By:
Anthony Kell
(314) 640-0712
Added: Nov 12
Last Checked: Nov 12 at 7:06AM
MLS# 26072079
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.
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Investment Insights
Based on property information with market context.
This 4,248-square-foot brick quadplex contains four apartments, each with two bedrooms and one bathroom. Living, dining, and kitchen areas connect in an open layout. Renovations completed in 2019 included windows, bathrooms, plumbing, electrical systems, and HVAC. Interior features include hardwood floors, custom cabinetry, granite countertops, stainless steel appliances, and dedicated storage lockers. The basement has four full-size washers and dryers, and a rear parking pad serves the property. Built in 1896, the building sits on a 0.2851-acre lot.
The property is in St. Louis’ Dogtown neighborhood, within walking distance of restaurants, coffee shops, and shopping. Highways 40 and 44 provide area access; Forest Park, Washington University, and major medical centers are a short drive away.
The property is in St. Louis’ Dogtown neighborhood, within walking distance of restaurants, coffee shops, and shopping. Highways 40 and 44 provide area access; Forest Park, Washington University, and major medical centers are a short drive away.
Key Highlights
- Four apartments, each with 2 bedrooms and 1 bathroom
- 4,248 square feet on a 0.2851‑acre lot
- 2019 renovations included windows, bathrooms, plumbing, electrical systems, and HVAC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,426
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$908,520
$908.5K
Cap Rate 7%
$648,943
$648.9K
Cap Rate 9%
$504,733
$504.7K
Market Conditions
NOI Build-Up for 4,248 SF
Gross rent
$68.8K $16.20/SF
− Vacancy
−$3.9K −$0.92/SF
EGI
$64.9K $15.28/SF
− OpEx
−$19.5K −$4.58/SF
NOI
$45.4K $10.69/SF
Area
St. Louis County, MO
Vacancy
5.70%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$908,520
Cap Rate 7%
$648,943
Cap Rate 9%
$504,733
Alternative Uses
Best Use
Multifamily LT 5
$648.9K
$567.8K – $757.1K
NOI $45,426 @ 7.0% cap · market cap 5.34%
Second Best
Apartment 5plus
$564.7K
$494.2K – $658.9K
NOI $39,532 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$911.7K
$797.7K – $1.06M
NOI $63,819 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
627
Businesses Nearby
Explore this area
Business Placement
Demographics for 63139, MO
21,971
Population
12,187
Households
1.8
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
5,782
Density / Sq Mi
$74,749
Median Household Income
$52,298
Median Earnings
$1,086
Median Rent
$199,400
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in St. Louis County, MO
Properties on Market for Quadplexes in St. Louis County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Four two-bedroom homes include in-unit living, dining, and kitchen areas, with shared laundry and storage in the basement.
Where is this quadplex located?
The property is located at 1533 Tamm Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 bathroom; 4,248 square feet on a 0.2851‑acre lot; 2019 renovations included windows, bathrooms, plumbing, electrical systems, and HVAC
