2641 Minnesota Avenue St, Louis, MO 63118
2-4 Units, Apartment Style - St Louis, MO
- Added:
- May 12, 2026
- Days on Market:
- 30
- Last Refresh:
- Jun 10 at 12:06 pm
Property Features for 2641 Minnesota Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Basement Y/N
- 1
- 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 Annual Amount
- 2426
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
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 3101 Mt. Pleasant, 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
- Brand new central air being installed in all 4 units.
- New roof installed in 2022.
- Located in one of the best neighborhoods in South City.
- Opportunity for owner occupancy with potential tenant relocation.
- Recent cosmetic updates throughout.
- Solid brick construction.
Overview
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
