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    Quadplex with Private Rear Decks Title is generated by Realmo AI

    2116 Geyer Avenue St, Louis, MO 63104

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    For Sale
    $450,000

    MULTI_FAMILY - St Louis, MO

    Property size:
    2,880 SF
    Price / SF:
    $156/SF
    Added:
    Nov 29, 2025
    Days on Market:
    220
    Last Refresh:
    Jul 7 at 1:06 am

    Property Features for 2116 Geyer Avenue St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    1
    Bathrooms
    1
    Rooms
    Bathroom 1, Bedroom 1, Basement
    Standard status
    Active
    APN
    1341-00-0135-0
    Size
    2,880 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    2804

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1927
    Number of units
    4
    Roof type
    Rubber

    We can help!

    Contact an agent
    Timothy McCarthy

    Listing agent Timothy McCarthy License ##2019034093

    Listing office Salient Realty Group, LLC 1000 S. Newstead Ave Ste 2, St. Louis, MO

    Listing date Nov 29, 2025

    MLS# 25052302 Listing URL

    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.

    HighLights

    • Four updated 1‑bedroom, 1‑bath units in the McKinley Heights area
    • Newly updated kitchens and baths, plus hardwood flooring in the units
    • Private rear decks for residents
    • Shared laundry available in the basement
    • Forced air heating and central air conditioning
    • Rubber roof; built in 1927

    Overview

    This quadplex at 2116 Geyer Avenue features four updated one-bedroom, one-bathroom units. Interiors include hardwood flooring and newly updated kitchens and baths. Each unit also benefits from a private rear deck, offering outdoor space without leaving the building footprint. Shared laundry is available in the basement, and street parking is provided directly in front of the property.

    The building is located in the McKinley Heights area of St. Louis City. It is described as conveniently positioned near Lafayette Square, Soulard, and Downtown St. Louis, with walking distance to many of the city’s historical areas.

    For tenants or investors seeking a straightforward, low-complexity residential income setup, the property offers four uniform 1BR layouts with recent interior updates and in-unit deck space. The availability is also described as part of a three-property portfolio or individually, which may suit buyers looking for either a single acquisition or to evaluate the broader set of assets together.

    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 $46.7k $16.20
    − Vacancy −$2.7k −$0.92
    EGI $44.0k $15.28
    − OpEx −$13.2k −$4.58
    NOI $30.8k $10.69
    2,880 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $440.0K
    $385.0K – $513.3K (±1% cap)
    NOI $30,798 @ 7.0% cap · market cap 6.84%
    Second Best
    Apartment 5plus
    $382.9K
    $335.0K – $446.7K (±1% cap)
    NOI $26,801 @ 7.0% cap · market cap 5.96%
    Theoretical Best
    Office A
    $618.1K
    $540.8K – $721.1K (±1% cap)
    NOI $43,267 @ 7.0% cap · market cap 9.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Computer & Electronic Repair Discount Store Home Appliance Store Tech Support Center Accounting Firm Auto Parts Store Shopping Center & Mall (Bike/Boat/Book/etc) Store Pet Grooming Service Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.2176979
    Latitude
    38.6123471

    FAQs

    What type of property is this?
    Quadplex - Four updated 1BR units with hardwood floors, updated kitchens and baths, plus shared basement laundry.
    Where is this quadplex located?
    The property is located at 2116 Geyer Avenue St Louis, MO.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Four updated 1‑bedroom, 1‑bath units in the McKinley Heights area; Newly updated kitchens and baths, plus hardwood flooring in the units; Private rear decks for residents
    More about this property
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