Updated 3-Unit
2209 Shenandoah Avenue, Saint Louis, MO 63104
For Sale
New
$339,900
Residential Income, St Louis, MO
Property Size1,608 SF
Lot Size0.08 Acres
Price / SF$211.38
Days on Market1
Property Features for 2209 Shenandoah Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
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
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Building materials
Architectural style
Listing Agency:
Nettwork Global
(636) 614-5132
Listed By:
Joe Geary · License MO #2018025898
(314) 403-3283
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 26053055
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,608-square-foot brick triplex contains three one-bedroom, one-bathroom apartments. The units have refreshed kitchens and bathrooms, newer flooring, and fresh paint. Central air conditioning and forced-air heating serve the building, which was constructed in 1880. The property occupies a 0.0818-acre lot.
All three apartments are tenant occupied. The property is located at 2209 Shenandoah Avenue in St. Louis, Missouri.
All three apartments are tenant occupied. The property is located at 2209 Shenandoah Avenue in St. Louis, Missouri.
Key Highlights
- Three tenant‑occupied apartments, each with one bedroom and one bathroom
- 1,608 square feet on a 0.0818‑acre lot
- Brick building constructed in 1880
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,195
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,900
$343.9K
Cap Rate 7%
$245,643
$245.6K
Cap Rate 9%
$191,056
$191.1K
Market Conditions
NOI Build-Up for 1,608 SF
Gross rent
$26.0K $16.20/SF
− Vacancy
−$1.5K −$0.92/SF
EGI
$24.6K $15.28/SF
− OpEx
−$7.4K −$4.58/SF
NOI
$17.2K $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%
$343,900
Cap Rate 7%
$245,643
Cap Rate 9%
$191,056
Alternative Uses
Best Use
Multifamily LT 5
$245.6K
$214.9K – $286.6K
NOI $17,195 @ 7.0% cap · market cap 5.06%
Second Best
Apartment 5plus
$213.8K
$187.1K – $249.4K
NOI $14,964 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$345.1K
$302.0K – $402.6K
NOI $24,157 @ 7.0% cap · market cap 7.11%
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
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,044
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
$249,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Triplexes in St. Louis County, MO
Properties on Market for Triplexes in St. Louis County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Three occupied apartments each contain one bedroom and one bathroom.
Where is this triplex located?
The property is located at 2209 Shenandoah Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Three tenant‑occupied apartments, each with one bedroom and one bathroom; 1,608 square feet on a 0.0818‑acre lot; Brick building constructed in 1880
