Mixed-Use Building with Hair
1615 S 9th Street St Louis, MO 63104
1615 S 9th Street St, Louis, MO, 63104
$449,000
Pending
For Sale
$449,000
Pending
MULTI_FAMILY - Other - St Louis, MO
Property Size3,600 SF
Lot Size0.06 Acres
Days on Market24
Property Features for 1615 S 9th Street St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 1
- Bathrooms
- 2
- Rooms
- Bathroom 2, Dining Room, Bathroom 1, Bedroom 1
- Parking features
- Off Street
- Window features
- Blinds, Skylight(s)
- Interior features
- Breakfast Bar, Ceiling Fan(s), Dining/Living Room Combo, High Ceilings, Open Floorplan, Recessed Lighting
- Appliances
- Electric Cooktop, Dryer, Oven, Refrigerator, Washer, Water Heater
- Standard status
- Pending
- APN
- 0387-06-0026-0
- Size
- 3,600 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4499
Utilities
- Utilities
- Phone Available
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1890
- Number of units
- 3
- Flooring type
- Carpet, Tile - Ceramic
- Building materials
- Brick
- Architectural style
- Other
Listing agency
EXP Realty, LLC
(866) 224-1761
Listed by
Mona Parsley · License #1999080021
(913) 908-8001
Added: Jun 29 Updated: Jul 22 at 12:33PM Checked: Jul 22 at 2:06PM
MLS# 26036801
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.
This mixed-use property combines a fully operational, turnkey hair salon on the ground floor with two upstairs residential units. The residential component consists of two 1-bedroom, 1.5-bath layouts, each with in-unit washer/dryer and lofted ceilings. One apartment is currently occupied and is described as larger than the vacant unit.
The property also includes nine deeded off-street parking spaces. Public remarks indicate private parking markings on a side street beside the building, with the owner owning half of the street; the street was vacated by the city and sold to the owners of the adjacent properties. The building is described as being steps from Soulard Farmers Market.
The offering includes a total property size of 3,600 square feet and is located at 1615 S 9th Street in St. Louis, MO 63104.
The property also includes nine deeded off-street parking spaces. Public remarks indicate private parking markings on a side street beside the building, with the owner owning half of the street; the street was vacated by the city and sold to the owners of the adjacent properties. The building is described as being steps from Soulard Farmers Market.
The offering includes a total property size of 3,600 square feet and is located at 1615 S 9th Street in St. Louis, MO 63104.
Key Highlights
- Mixed‑use brick building built in 1890 with a ground‑floor hair salon and two upper residential units
- Two 1 bed / 1.5 bath residential units, with the occupied unit larger than the vacant unit
- In‑unit washer/dryer included in the residential units
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 | $58.3k | $16.20 |
| − Vacancy | −$3.3k | −$0.92 |
| EGI | $55.0k | $15.28 |
| − OpEx | −$16.5k | −$4.58 |
| NOI | $38.5k | $10.69 |
3,600 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$691.8K
$605.4K – $807.1K
NOI $48,428 @ 7.0% cap · market cap 10.79%
Second Best
Mixed Use
$632.6K
$553.5K – $738.0K
NOI $44,279 @ 7.0% cap · market cap 9.86%
Theoretical Best
Office A
$772.6K
$676.1K – $901.4K
NOI $54,084 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hair Fetish
Hair Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Ground-floor hair salon with two upstairs 1-bedroom units, plus nine deeded off-street parking spaces.
Where is this mixed-use property located?
The property is located at 1615 S 9th Street St Louis, MO.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Mixed‑use brick building built in 1890 with a ground‑floor hair salon and two upper residential units; Two 1 bed / 1.5 bath residential units, with the occupied unit larger than the vacant unit; In‑unit washer/dryer included in the residential units
