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Updated Four-Unit Brick Property
For Sale
$515,000

2301 S 11th Street, Saint Louis, MO 63104

Residential Income, St Louis, MO

Property Size3,600 SF
Lot Size0.04 Acres
Price / SF$143.06
Days on Market48

Property Features for 2301 S 11th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 2, Bathroom 1
Parking features On Street
Basement Full
Subdivision Allens Thomas Add 02
Elementary school Sigel Elem. Comm. Ed. Center
Middle school Long Middle Community Ed. Center
High school Roosevelt High
Elementary school district St. Louis City
Middle school district St. Louis City
High school district St. Louis City
Standard status Active
APN 0800-00-0090-0
Size 3,600 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description C.B. 800 11TH 14 FT 1 IN X 113.54 FT T ALLENS 2ND ADDN BLOCK 28 LOT N1
Tax Annual Amount 2464
Legal Description C.B. 800 11TH 14 FT 1 IN X 113.54 FT T ALLENS 2ND ADDN BLOCK 28 LOT N1

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air, Electric
Water source Public

Amenities

courtyard

Building Details

Year built 1888
Number of units 4
Building materials Brick
Architectural style Other
Listing Agency: Nettwork Global
Listed By: Joe Geary · License #2018025898
Added: Aug 21 Changed: Sep 28 Last Checked: Oct 7 at 2:06PM
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.

Investment Insights

Based on property information with market context.

This brick quadplex contains 3,600 square feet and was built in 1888. The unit mix includes two one-bedroom apartments and two two-bedroom apartments, with updates throughout while retaining the building’s historic character. All four units are occupied under long-term leases. A rear courtyard provides shared outdoor space, and an exterior stairwell serves the upper-level apartments.

The property is located at 2301 S 11th Street in St Louis’ Soulard neighborhood, near restaurants, entertainment, and parks. Building systems include forced-air heat, electric central air, public water, and cable availability. Parking is provided on street.

Key Highlights

  • Four‑unit quadplex with two 1‑bedroom and two 2‑bedroom apartments
  • All 4 units occupied with long‑term leases in place
  • 3,600 square feet on a 0.0365‑acre lot

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 (±1% cap)
NOI $38,497 @ 7.0% cap · market cap 7.48%
Second Best
Apartment 5plus
$478.6K
$418.8K – $558.4K (±1% cap)
NOI $33,502 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$772.6K
$676.1K – $901.4K (±1% cap)
NOI $54,084 @ 7.0% cap · market cap 10.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Computer & Electronic Repair Skin Care Clinic (Bike/Boat/Book/etc) Store Tech Support Center Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,023
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied quadplex with updated apartments, long-term leases, and shared outdoor space.
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‑unit quadplex with two 1‑bedroom and two 2‑bedroom apartments; All 4 units occupied with long‑term leases in place; 3,600 square feet on a 0.0365‑acre lot
More about this property
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