Brick
For Sale
$347,000
3113-3115 Magnolia ave St, Louis, MO 63118
Residential Income, St Louis, MO
Property Size2,924 SF
Price / SF$118.67
Days on Market190
Property Features for 3113-3115 Magnolia ave St
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Basement
Unfinished
Subdivision
Labadie Lynchs Add
Elementary school
Shenandoah Elem.
Middle school
Fanning Middle Community Ed.
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
1430-00-0260-0
Size
2,924 SF
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
1924
Utilities
Cooling system
Central Air
Building Details
Year built
1884
Number of units
4
Building materials
Brick
Listing Agency:
Keller Williams Realty St. Louis
(314) 677-6000
Listed By:
Deairra Freeman · License #2020011552
(314) 807-6158
Added: Mar 30
Changed: Sep 25
Last Checked: Oct 5 at 3:06PM
MLS# 26018245
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.
Built in 1884, this 2,924-square-foot brick quadplex contains four residential units. Three units are occupied, while one is vacant and currently available for showing. Unit layouts include one bedroom and one bath, with one residence offering an additional half bath. Central air is installed, and the property includes a basement. The building is offered as-is.
Located at 3113-3115 Magnolia Ave in St. Louis, Missouri 63118, the property is in Tower Grove East with walkable access to Tower Grove Park, dining, and entertainment. One unit can be shown now; occupied units are available for viewing after an accepted contract.
Located at 3113-3115 Magnolia Ave in St. Louis, Missouri 63118, the property is in Tower Grove East with walkable access to Tower Grove Park, dining, and entertainment. One unit can be shown now; occupied units are available for viewing after an accepted contract.
Key Highlights
- Four‑unit brick building totaling 2924 square feet
- Unit mix includes one bedroom and one bath, with one unit offering 1.5 baths
- Three units occupied and one unit vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,268
Cap Rate
9.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$625,360
$625.4K
Cap Rate 7%
$446,686
$446.7K
Cap Rate 9%
$347,422
$347.4K
Market Conditions
NOI Build-Up for 2,924 SF
Gross rent
$47.4K $16.20/SF
− Vacancy
−$2.7K −$0.92/SF
EGI
$44.7K $15.28/SF
− OpEx
−$13.4K −$4.58/SF
NOI
$31.3K $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%
$625,360
Cap Rate 7%
$446,686
Cap Rate 9%
$347,422
Alternative Uses
Best Use
Multifamily LT 5
$446.7K
$390.9K – $521.1K
NOI $31,268 @ 7.0% cap · market cap 9.01%
Second Best
Apartment 5plus
$388.7K
$340.1K – $453.5K
NOI $27,211 @ 7.0% cap · market cap 7.84%
Theoretical Best
Office A
$627.5K
$549.1K – $732.1K
NOI $43,928 @ 7.0% cap · market cap 12.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,026
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential property with central air and a mix of one- and one-and-a-half-bath layouts.
Where is this quadplex located?
The property is located at 3113-3115 Magnolia ave St Louis, MO.
What is the asking price?
The asking price for this property is $347,000.
What are key features of this property?
This property features: Four‑unit brick building totaling 2924 square feet; Unit mix includes one bedroom and one bath, with one unit offering 1.5 baths; Three units occupied and one unit vacant
