Mixed-Use Brick
For Sale
$444,900
2901 Sidney Street St, Louis, MO 63104
Residential Income, St Louis, MO
Property Size4,164 SF
Lot Size0.05 Acres
Price / SF$106.84
Days on Market82
Property Features for 2901 Sidney Street St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bathroom 1, Bedroom 4, Basement, Bedroom 1, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 3
Basement
Unfinished
Subdivision
Nicholsons Compton Hill Add
Elementary school
Shenandoah Elem.
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
2080-00-0190-7
Size
4,164 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5566
Utilities
Heating system
Forced Air
Cooling system
Ceiling Fan(s), Central Air
Building Details
Year built
1914
Floors in Building
2
Number of units
4
Flooring type
Tile, Hardwood, Vinyl
Building materials
Brick
Architectural style
Other
Listing Agency:
Keller Williams Realty St. Louis
(314) 677-6000
Listed By:
Kim Jones · License #2019032128
(618) 660-5465
Added: Jun 18
Changed: Sep 1
Last Checked: Sep 7 at 8:06PM
MLS# 26038525
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.
Located at 2901-2903 Sidney Street in St. Louis, this 4,164-square-foot mixed-use property combines residential accommodations with a storefront commercial unit. The brick building was constructed in 1914 and occupies a 0.0463-acre lot.
The property is fully rented and includes four bedrooms, four bathrooms, and a basement. Interior finishes include tile, vinyl, and hardwood flooring, while building systems include forced-air heating, central air conditioning, and ceiling fans. The property is situated in the Fox Park and Tower Grove East neighborhoods, providing an urban setting for its combined residential and commercial configuration.
The property is fully rented and includes four bedrooms, four bathrooms, and a basement. Interior finishes include tile, vinyl, and hardwood flooring, while building systems include forced-air heating, central air conditioning, and ceiling fans. The property is situated in the Fox Park and Tower Grove East neighborhoods, providing an urban setting for its combined residential and commercial configuration.
Key Highlights
- 4,164‑square‑foot mixed‑use property at 2901‑2903 Sidney Street
- 0.0463‑acre lot in St. Louis, MO 63104
- Brick construction completed in 1914
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$38,750
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$775,000
$775.0K
Cap Rate 7%
$553,571
$553.6K
Cap Rate 9%
$430,556
$430.6K
Market Conditions
NOI Build-Up for 4,164 SF
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.
Gross rent
$75.0K $18.00/SF
− Vacancy
−$4.5K −$1.08/SF
EGI
$70.5K $16.92/SF
− OpEx
−$31.7K −$7.61/SF
NOI
$38.8K $9.31/SF
Area
St. Louis County, MO
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$775,000
Cap Rate 7%
$553,571
Cap Rate 9%
$430,556
Alternative Uses
Best Use
Retail
$800.2K
$700.2K – $933.6K
NOI $56,015 @ 7.0% cap · market cap 12.59%
Second Best
Mixed Use
$731.7K
$640.2K – $853.6K
NOI $51,216 @ 7.0% cap · market cap 11.51%
Theoretical Best
Office A
$893.7K
$782.0K – $1.04M
NOI $62,557 @ 7.0% cap · market cap 14.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
892
Businesses Nearby
Explore this area
Business Placement
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
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?
Mixed-use property - Fully occupied property combines residential units with a storefront commercial space.
Where is this mixed-use property located?
The property is located at 2901 Sidney Street St Louis, MO.
What is the asking price?
The asking price for this property is $444,900.
What are key features of this property?
This property features: 4,164‑square‑foot mixed‑use property at 2901‑2903 Sidney Street; 0.0463‑acre lot in St. Louis, MO 63104; Brick construction completed in 1914
