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    Two-Unit Residential Income Property Title is generated by Realmo AI

    3012 Ohio Avenue St, Louis, MO 63118

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    Claim this Listing
    For Sale
    $199,000

    MULTI_FAMILY - Other - St Louis, MO

    Property size:
    1,716 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $115/SF
    Added:
    May 4, 2026
    Days on Market:
    65
    Last Refresh:
    Jul 7 at 1:06 am

    Property Features for 3012 Ohio Avenue St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Basement, Bathroom 1, Bedroom 4
    Interior features
    Ceiling Fan(s)
    Basement
    Unfinished
    Appliances
    Microwave, Gas Range, Refrigerator
    Standard status
    Active
    APN
    1982-00-0080-0
    Size
    1,716 SF
    Lot size
    0.07 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    1392

    Utilities

    Utilities
    Cable Available
    Heating system
    Natural Gas
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1890
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Hardwood
    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Contact an agent
    Brueggemann Tadlock

    Listing agent Brueggemann Tadlock License #2011010667

    Listing office Keller Williams Realty St. Louis 1717 Hidden Creek Court, Kirkwood, MO

    Listing date May 4, 2026

    MLS# 26006071 Listing URL

    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

    • Two‑unit brick building built in 1890
    • Hardwood flooring throughout
    • Each unit has laundry hook‑ups for a tenant‑supplied washer and dryer
    • Heating: natural gas
    • Cooling includes window and wall/window unit(s)
    • Appliances include microwave, gas range, and refrigerator

    Overview

    This well-maintained two-unit residential income property offers truly independent living between two traditional-style apartments. The units include laundry hook-ups, allowing tenants to bring their own washer and dryer. The building is currently tenant-occupied, and the property is set up with separate utilities, supporting independent household management and lower day-to-day complexity for an owner.

    The property is located at 3012 Ohio Avenue in St. Louis, within St. Louis City, MO 63118. The site size is 0.0735 acres, and the building area is 1,716 square feet.

    For investors or buyers seeking a straightforward, low-maintenance residential income setup, the two-unit configuration and independent living arrangement are practical for tenant turnover and operations. Because the property is already producing rental income and remains tenant-occupied, it may appeal to buyers looking for an asset that is functioning as designed at the time of sale.

    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 $30.9k $18.00
    − Vacancy −$1.9k −$1.08
    EGI $29.0k $16.92
    − OpEx −$13.1k −$7.61
    NOI $16.0k $9.31
    1,716 SF · lease $18.00/SF/yr · vacancy 6.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $228.1K
    $199.6K – $266.2K (±1% cap)
    NOI $15,969 @ 7.0% cap · market cap 8.02%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $368.3K
    $322.3K – $429.7K (±1% cap)
    NOI $25,780 @ 7.0% cap · market cap 12.95%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Map

    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.226073
    Latitude
    38.600199

    FAQs

    What type of property is this?
    Multifamily property - Well-maintained two-unit building with independent living, laundry hook-ups, and separate utilities for steady tenancy management.
    Where is this multifamily property located?
    The property is located at 3012 Ohio Avenue St Louis, MO.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: Two‑unit brick building built in 1890; Hardwood flooring throughout; Each unit has laundry hook‑ups for a tenant‑supplied washer and dryer
    More about this property
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