Two-Property Retail-Plus-Efficiency
2703 S Jefferson Avenue St Louis, MO 63118
2703 S Jefferson Avenue St, Louis, MO, 63118
$155,000
For Sale
$155,000
MULTI_FAMILY - Other - St Louis, MO
Property Size1,500 SF
Lot Size0.07 Acres
Price / SF$103.33
Days on Market29
Property Features for 2703 S Jefferson Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Standard status
- Active
- APN
- 2070-00-0130-5
- Size
- 1,500 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 728
Utilities
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
Building Details
- Year built
- 1925
- Building materials
- Brick
- Architectural style
- Other
Listing agency
Realty Exchange
(314) 647-2220
Listed by
Tyler Schwartz · License #2023045052
(314) 647-2220
Added: Jun 24 Updated: Jul 22 at 2:50PM Checked: Jul 22 at 4:06PM
MLS# 26031081
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.
Two neighboring buildings are being offered as a package only; the seller will not sell the properties independently. The portfolio includes 2703 S Jefferson Avenue and 2705 S Jefferson Avenue.
2703 S Jefferson Avenue features two efficiency units located in the rear and retail space in the front half of the building, where a hair braiding business occupies the space. 2705 S Jefferson Avenue provides three efficiency units. All three of the units referenced for 2705 are vacant.
Utilities are paid by the seller. The properties are located in Benton Park West, St. Louis (St. Louis City, MO 63118).
2703 S Jefferson Avenue features two efficiency units located in the rear and retail space in the front half of the building, where a hair braiding business occupies the space. 2705 S Jefferson Avenue provides three efficiency units. All three of the units referenced for 2705 are vacant.
Utilities are paid by the seller. The properties are located in Benton Park West, St. Louis (St. Louis City, MO 63118).
Key Highlights
- Package deal: 2703 & 2705 S Jefferson Ave sold together only; seller will not sell independently
- 2703 S Jefferson: 2 efficiency units in the rear and a retail space in the front
- 2705 S Jefferson: 3 efficiency units; all three units are vacant
Local Financial Insights For Apartment 5plus
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 | $27.0k | $18.00 |
| − Vacancy | −$1.6k | −$1.08 |
| EGI | $25.4k | $16.92 |
| − OpEx | −$11.4k | −$7.61 |
| NOI | $14.0k | $9.31 |
1,500 SF · lease $18.00/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Retail
$288.3K
$252.2K – $336.3K
NOI $20,178 @ 7.0% cap · market cap 13.02%
Second Best
Multifamily LT 5
$229.1K
$200.5K – $267.3K
NOI $16,040 @ 7.0% cap · market cap 10.35%
Theoretical Best
Office A
$321.9K
$281.7K – $375.6K
NOI $22,535 @ 7.0% cap · market cap 14.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Package includes two neighboring buildings with rear efficiency units and retail space, with all efficiency units vacant.
Where is this duplex located?
The property is located at 2703 S Jefferson Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Package deal: 2703 & 2705 S Jefferson Ave sold together only; seller will not sell independently; 2703 S Jefferson: 2 efficiency units in the rear and a retail space in the front; 2705 S Jefferson: 3 efficiency units; all three units are vacant
