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Four-Unit Property with Balconies
For Sale
$564,900

1704 S Tucker Blvd, Saint Louis, MO 63104

Four residential units include townhome-style layouts and private balconies in a walkable urban setting.

Property Size4,662 SF
Price / SF$121.17
Days on Market60

Property Features for 1704 S Tucker Blvd

General Information

Standard status Active
Size 4,662 SF
Property subtype Residential Income

Units

Unit Mix 2 x 1BR/1BA, 2 x 2BR/1.5BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $3,853

Amenities

private balconies

Building Details

Buildings 1
Listing Agency: Ascend Real Estate Advisors
Listed By: Antione Lawrence
Source: Exprealty
Added: Sep 1 Changed: Oct 26 Last Checked: Oct 28 at 11:36AM

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

Rey
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Investment Insights

Based on property information with market context.

This four-unit residential property contains two 1-bedroom, 1-bath apartments and two 2-bedroom, 1.5-bath townhome-style units. The townhomes include private balconies, and three of the four units were renovated in 2026. The building measures 4,662 square feet and includes a renovated townhome suitable for occupancy or leasing, along with an occupied townhome held by a tenant for more than 10 years.

The property is located at 1704 S Tucker Blvd in Saint Louis, near Soulard and Lafayette Square. Both neighborhoods are within walking distance, while Lafayette Park is less than one mile away. The unit mix provides a combination of apartment and townhome configurations within a single four-unit building.

Key Highlights

  • Four‑unit residential property totaling 4,662 square feet
  • Three of four units renovated in 2026
  • Two 1‑bedroom, 1‑bath apartments

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$49,854
Cap Rate
8.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$997,080 $997.1K
Cap Rate 7%
$712,200 $712.2K
Cap Rate 9%
$553,933 $553.9K
Market Conditions
NOI Build-Up for 4,662 SF
Gross rent
$75.5K $16.20/SF
− Vacancy
−$4.3K −$0.92/SF
EGI
$71.2K $15.28/SF
− OpEx
−$21.4K −$4.58/SF
NOI
$49.9K $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%
$997,080
Cap Rate 7%
$712,200
Cap Rate 9%
$553,933

Alternative Uses

Best Use
Multifamily LT 5
$712.2K
$623.2K – $830.9K (±1% cap)
NOI $49,854 @ 7.0% cap · market cap 8.83%
Second Best
Apartment 5plus
$619.8K
$542.3K – $723.1K (±1% cap)
NOI $43,385 @ 7.0% cap · market cap 7.68%
Theoretical Best
Office A
$1.00M
$875.5K – $1.17M (±1% cap)
NOI $70,038 @ 7.0% cap · market cap 12.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,158
Businesses Nearby

Demographics for 63104, MO

19,317
Population
10,958
Households
1.8
Avg Household Size
34
Median Age
54%
College-Educated
94%
High-School Grad
3.4 sq mi
ZIP Area
5,681
Density / Sq Mi
$70,127
Median Household Income
$53,693
Median Earnings
$1,054
Median Rent
$249,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units include townhome-style layouts and private balconies in a walkable urban setting.
Where is this quadplex located?
The property is located at 1704 S Tucker Blvd Saint Louis, MO.
What is the asking price?
The asking price for this property is $564,900.
What are key features of this property?
This property features: Four‑unit residential property totaling 4,662 square feet; Three of four units renovated in 2026; Two 1‑bedroom, 1‑bath apartments
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