Updated Four-Unit Apartment
For Sale
$364,900
2639 Brannon Ave, Saint Louis, MO 63139
All four units offer one bedroom and one bathroom, with recent mechanical and exterior updates.
Property Size2,376 SF
Price / SF$153.58
Days on Market66
Property Features for 2639 Brannon Ave
General Information
Standard status
Active
Size
2,376 SF
Property subtype
Residential Income
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$2,776
Listing Agency:
Knight and Drews LLC
(404) 454-9942
Listed By:
Mandy Watkins
(314) 303-9031
Source:
Exprealty
Added: Aug 5
Changed: Oct 2
Last Checked: Oct 7 at 5:01PM
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 Knight and Drews LLC
Investment Insights
Based on property information with market context.
This four-unit apartment property contains 2376 square feet with a consistent layout across the building: each residence has one bedroom and one bathroom. Recent improvements include new water heaters, new furnaces, and rear decking, adding updated building components and exterior functionality.
The property is located at 2639 Brannon Ave in Saint Louis, where Southwest Garden meets The Hill. One tenant is expected to move out within the next 30 days, creating a near-term change in occupancy for the property.
The property is located at 2639 Brannon Ave in Saint Louis, where Southwest Garden meets The Hill. One tenant is expected to move out within the next 30 days, creating a near-term change in occupancy for the property.
Key Highlights
- Four‑unit apartment property totaling 2376 SF
- All units feature 1 bedroom and 1 bathroom
- New water heaters installed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,408
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,160
$508.2K
Cap Rate 7%
$362,971
$363.0K
Cap Rate 9%
$282,311
$282.3K
Market Conditions
NOI Build-Up for 2,376 SF
Gross rent
$38.5K $16.20/SF
− Vacancy
−$2.2K −$0.92/SF
EGI
$36.3K $15.28/SF
− OpEx
−$10.9K −$4.58/SF
NOI
$25.4K $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%
$508,160
Cap Rate 7%
$362,971
Cap Rate 9%
$282,311
Alternative Uses
Best Use
Multifamily LT 5
$363.0K
$317.6K – $423.5K
NOI $25,408 @ 7.0% cap · market cap 6.96%
Second Best
Apartment 5plus
$315.9K
$276.4K – $368.5K
NOI $22,111 @ 7.0% cap · market cap 6.06%
Theoretical Best
Office A
$509.9K
$446.2K – $594.9K
NOI $35,695 @ 7.0% cap · market cap 9.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
735
Businesses Nearby
Explore this area
Business Placement
Demographics for 63139, MO
21,971
Population
12,187
Households
1.8
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
5,782
Density / Sq Mi
$74,749
Median Household Income
$52,298
Median Earnings
$1,086
Median Rent
$199,400
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - All four units offer one bedroom and one bathroom, with recent mechanical and exterior updates.
Where is this quadplex located?
The property is located at 2639 Brannon Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $364,900.
What are key features of this property?
This property features: Four‑unit apartment property totaling 2376 SF; All units feature 1 bedroom and 1 bathroom; New water heaters installed
