2641 Minnesota Avenue St, Louis, MO 63118
MULTI_FAMILY - Other - St Louis, MO
- Added:
- May 12, 2026
- Days on Market:
- 56
- Last Refresh:
- Jul 6 at 11:06 am
Property Features for 2641 Minnesota Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Standard status
- Active
- APN
- 1430-00-0210-0
- Size
- 2,432 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- C.B. 1430 MINNESOTA 38 FT X 129 FT 5 IN ST LOUIS COMMONS ADDN LOTS S-109 N-110
- Tax Annual Amount
- 2426
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s), Central Air, Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1922
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Brick
- Architectural style
- Other
Listing agent Joel Gigax License #2018009454 (314) 351-4099
Listing office RE Source PM, LLC 7716 S Broadway, St. Louis, MO (314) 351-4099
Listing date May 12, 2026
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‑family property built in 1922 with brick construction
- Owner reports all 4 units are currently occupied; owner willing to relocate a tenant if buyer wants to live in the property
- Public water source
- Heating: forced air
- Cooling includes central air plus wall/window unit(s) and window unit(s)
- Planned/installed upgrades: owner installing brand new central air in all 4 units; new roof in 2022 and recent cosmetic updates
Overview
Located at 2641 Minnesota Avenue in St. Louis, MO 63118, the property is in St. Louis City. The current occupancy and ongoing upgrades provide an operating baseline for an investor, while the seller’s involvement can support owner-occupant flexibility.
Owner-occupants and investors are welcome. While the units are occupied, the owner is willing to relocate a tenant if the buyer wants to live in the property. With the central air installation in progress and earlier exterior and cosmetic work already completed, the quadplex is positioned for a straightforward transition to new ownership without requiring immediate large-scale building updates based on the items noted.
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 | $39.4k | $16.20 |
| − Vacancy | −$2.2k | −$0.92 |
| EGI | $37.2k | $15.28 |
| − OpEx | −$11.1k | −$4.58 |
| NOI | $26.0k | $10.69 |
Alternative Uses
Current Use by Public Records
Map
- City
- Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.232563
- Latitude
- 38.605801
