Four-Unit Property with
For Sale
$575,000
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$123.34
Days on Market44
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
(314) 594-4024
Listed By:
Antione Lawrence
(314) 471-5073
Source:
Exprealty
Added: Sep 1
Changed: Oct 13
Last Checked: Oct 12 at 10:54PM
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
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.
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
8.67%
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
NOI $49,854 @ 7.0% cap · market cap 8.67%
Second Best
Apartment 5plus
$619.8K
$542.3K – $723.1K
NOI $43,385 @ 7.0% cap · market cap 7.55%
Theoretical Best
Office A
$1.00M
$875.5K – $1.17M
NOI $70,038 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,158
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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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 $575,000.
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
