4-Unit Brick Apartment
2301 S 11th Street, Saint Louis, MO 63104
For Sale
New
$515,000
Residential Income, St Louis, MO
Property Size3,600 SF
Lot Size0.04 Acres
Price / SF$143.06
Days on Market1
Property Features for 2301 S 11th Street
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Parking features
Basement
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
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
Amenities
courtyard
Building Details
Year built
Number of units
Building materials
Architectural style
Buildings
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# 26053047
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.
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Investment Insights
Based on property information with market context.
This 3,600-square-foot brick quadplex, built in 1888, contains four updated apartments: two one-bedroom units and two two-bedroom units. Each residence is occupied under a long-term lease. A rear courtyard provides shared outdoor space, and an exterior stairwell serves the upper apartments.
The property sits in Soulard, near restaurants, entertainment, and parks. Building systems include forced-air heating and central air conditioning. The lot measures 0.0365 acres, and parking is on the street.
The property sits in Soulard, near restaurants, entertainment, and parks. Building systems include forced-air heating and central air conditioning. The lot measures 0.0365 acres, and parking is on the street.
Key Highlights
- Four apartments: two one‑bedroom units and two two‑bedroom units
- 3,600 square feet of building area on a 0.0365‑acre lot
- All four units occupied with long‑term leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,497
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$769,940
$769.9K
Cap Rate 7%
$549,957
$550.0K
Cap Rate 9%
$427,744
$427.7K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$58.3K $16.20/SF
− Vacancy
−$3.3K −$0.92/SF
EGI
$55.0K $15.28/SF
− OpEx
−$16.5K −$4.58/SF
NOI
$38.5K $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%
$769,940
Cap Rate 7%
$549,957
Cap Rate 9%
$427,744
Alternative Uses
Best Use
Multifamily LT 5
$550.0K
$481.2K – $641.6K
NOI $38,497 @ 7.0% cap · market cap 7.48%
Second Best
Apartment 5plus
$478.6K
$418.8K – $558.4K
NOI $33,502 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$772.6K
$676.1K – $901.4K
NOI $54,084 @ 7.0% cap · market cap 10.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,023
Businesses Nearby
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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
$249,500
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in St. Louis County, MO
Properties on Market for Quadplexes in St. Louis County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - All residences are occupied under long-term leases, with a shared courtyard and access to the upper floors via exterior stairs.
Where is this quadplex located?
The property is located at 2301 S 11th Street Saint Louis, MO.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Four apartments: two one‑bedroom units and two two‑bedroom units; 3,600 square feet of building area on a 0.0365‑acre lot; All four units occupied with long‑term leases
