2-Unit Duplex with Updated
For Sale
$225,000
3104 Wyoming Street, Saint Louis, MO 63118
The two residences offer distinct two-bedroom layouts, with one bathroom downstairs and two bathrooms upstairs.
Property Size1,710 SF
Price / SF$131.58
Days on Market61
Property Features for 3104 Wyoming Street
General Information
Standard status
Active
Size
1,710 SF
Total Parking Spaces
1
Property subtype
Residential Income
Net Operating Income
$20,299
Financials
Cap Rate
8.63%
Gross Income
$27,900
Units
Unit Mix
1 x 2BR/1BA, 1 x 2BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$1,871
Amenities
in-unit laundry
garage-port
Ceiling Fan(s)
High Ceilings
Historic Millwork
Open Floorplan
Stone Counters
Building Details
Building Size
1,710 SF
Year Built
1900
Year Renovated
2019
Buildings
1
Stories
2
Units
2
Listing Agency:
Worth Clark Realty
(314) 222-0065
Listed By:
Tammy Derrigan · License #2016008170
(314) 518-4347
Source:
Finehomesbydawn
Added: Aug 31
Changed: Oct 25
Last Checked: Oct 29 at 6:28PM
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 Worth Clark Realty
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Investment Insights
Based on property information with market context.
This two-unit duplex, built in 1900, has a two-bedroom, one-bath first-floor residence and a two-bedroom, two-bath second-floor residence with an en suite bedroom. Both units have in-unit laundry; machines are tenant-owned downstairs and provided for tenant use upstairs. The kitchens have granite countertops and stainless steel appliances, including a dishwasher, microwave, range, and refrigerator. Work completed in 2019 included a TPO roof, HVAC, electrical and plumbing updates, water heaters, and PVC stacks. The property also has a garage-port.
The first-floor unit is occupied, while the second-floor unit is vacant. The property is in Benton Park West, two blocks from Cherokee Street and near South Grand, Benton Park, Soulard, and Tower Grove Park. Major highways are described as close by.
The first-floor unit is occupied, while the second-floor unit is vacant. The property is in Benton Park West, two blocks from Cherokee Street and near South Grand, Benton Park, Soulard, and Tower Grove Park. Major highways are described as close by.
Key Highlights
- Two‑unit property with 2 bedrooms and 1 bathroom on the first floor
- Second‑floor residence has 2 bedrooms, 2 bathrooms, and an en suite bedroom
- 2019 improvements included a TPO roof, HVAC, electrical and plumbing updates, water heaters, and PVC stacks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,286
Cap Rate
8.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,720
$365.7K
Cap Rate 7%
$261,229
$261.2K
Cap Rate 9%
$203,178
$203.2K
Market Conditions
NOI Build-Up for 1,710 SF
Gross rent
$27.7K $16.20/SF
− Vacancy
−$1.6K −$0.92/SF
EGI
$26.1K $15.28/SF
− OpEx
−$7.8K −$4.58/SF
NOI
$18.3K $10.69/SF
Area
St. Louis County, MO
Vacancy
5.70%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,720
Cap Rate 7%
$261,229
Cap Rate 9%
$203,178
Alternative Uses
Best Use
Multifamily LT 5
$261.2K
$228.6K – $304.8K
NOI $18,286 @ 7.0% cap · market cap 8.13%
Second Best
Apartment 5plus
$227.3K
$198.9K – $265.2K
NOI $15,913 @ 7.0% cap · market cap 7.07%
Theoretical Best
Office A
$367.0K
$321.1K – $428.2K
NOI $25,690 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,666
Businesses Nearby
Explore this area
Business Placement
Demographics for 63118, MO
25,194
Population
14,770
Households
1.7
Avg Household Size
34
Median Age
38%
College-Educated
87%
High-School Grad
3.4 sq mi
ZIP Area
7,410
Density / Sq Mi
$57,268
Median Household Income
$44,717
Median Earnings
$952
Median Rent
$210,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - The two residences offer distinct two-bedroom layouts, with one bathroom downstairs and two bathrooms upstairs.
Where is this duplex located?
The property is located at 3104 Wyoming Street Saint Louis, MO.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two‑unit property with 2 bedrooms and 1 bathroom on the first floor; Second‑floor residence has 2 bedrooms, 2 bathrooms, and an en suite bedroom; 2019 improvements included a TPO roof, HVAC, electrical and plumbing updates, water heaters, and PVC stacks
