Residential Income Property with
For Sale
$280,000
2921 Brannon Avenue, Saint Louis, MO 63139
Central air, forced-air heat, and off-street parking are among the property’s features.
Property Size1,741 SF
Price / SF$160.83
Days on Market68
Property Features for 2921 Brannon Avenue
General Information
Standard status
Active
Size
1,741 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$1,781
Amenities
Central Air, Ceiling Fan(s)
Forced Air
Full, Other, Storage Space, Walk-Up Access, Daylight
Microwave, Electric Range, Refrigerator
Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, See Remarks
Back Yard
Additional Parking, Detached, Garage, Garage Door Opener, Off Street, On Site, On Street
Other
Building Details
Year Built
1927
Buildings
1
Listing Agency:
EXP Realty, LLC
Listed By:
Christoph Dewald · License #2020037702
(636) 232-1614
Source:
Evrealestate
Added: Aug 14
Changed: Oct 19
Last Checked: Oct 19 at 6:15AM
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 EXP Realty, LLC
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Investment Insights
Based on property information with market context.
Built in 1927, this residential income property includes central air conditioning, forced-air heat, and ceiling fans. The kitchen has an eat-in area and includes a microwave, electric range, and refrigerator. Interior features also include full and daylight areas, storage space, and walk-up access.
A detached garage, additional parking, and a backyard are part of the property. Parking is available on site, off street, and on street.
A detached garage, additional parking, and a backyard are part of the property. Parking is available on site, off street, and on street.
Key Highlights
- Built in 1927
- Detached garage with garage door opener
- Central air and forced‑air heat
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,202
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,040
$324.0K
Cap Rate 7%
$231,457
$231.5K
Cap Rate 9%
$180,022
$180.0K
Market Conditions
NOI Build-Up for 1,741 SF
Gross rent
$31.3K $18.00/SF
− Vacancy
−$1.9K −$1.08/SF
EGI
$29.5K $16.92/SF
− OpEx
−$13.3K −$7.61/SF
NOI
$16.2K $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 Rate 5%
$324,040
Cap Rate 7%
$231,457
Cap Rate 9%
$180,022
Alternative Uses
Best Use
Apartment 5plus
$231.5K
$202.5K – $270.0K
NOI $16,202 @ 7.0% cap · market cap 5.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$373.6K
$326.9K – $435.9K
NOI $26,155 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
579
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Central air, forced-air heat, and off-street parking are among the property’s features.
Where is this residential income property located?
The property is located at 2921 Brannon Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Built in 1927; Detached garage with garage door opener; Central air and forced‑air heat
