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    Triplex with Short-Term Rental Units Title is generated by Realmo AI

    3210 Royalton Avenue St, Louis, MO 63114

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    For Sale
    $275,000

    2-4 Units - St Louis, MO

    Property size:
    1,407 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $195/SF
    Added:
    Jun 11, 2026
    Days on Market:
    26
    Last Refresh:
    Jul 6 at 5:06 am

    Property Features for 3210 Royalton Avenue St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    Driveway, On Street
    Basement Y/N
    1
    Standard status
    Active
    APN
    14L-54-0177
    Size
    1,407 SF
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2959

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1950
    Floors in Building
    2
    Number of units
    3
    Building materials
    Vinyl Siding
    Architectural style
    Other

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    Christina Swyers
    Christina Swyers

    Listing agent Christina Swyers License #2015014415

    Listing office EXP Realty, LLC 3636 S Geyer Rd Ste 100, Overland Park, MO

    Listing date Jun 11, 2026

    MLS# 26033586 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

    • Cash‑flowing triplex with three separate units; nearly 15% cap rate per public remarks
    • Unit mix: one 2‑bedroom, 1‑bath apartment plus two studios with private baths
    • Currently operating as fully furnished short‑term rentals with all units occupied and actively booked (showings by appointment only)
    • Basement is included
    • Heating: forced air with natural gas; cooling: central air plus ceiling fans
    • Exterior and parking: vinyl siding with driveway parking and on‑street parking; built in 1950

    Overview

    This for-sale triplex includes three separate rental units: one 2-bedroom, 1-bath apartment and two studio units, each with a private bath. The property is currently operated as fully furnished short-term rentals and is set up for independent unit use. Numerous updates and improvements have been made throughout the building, supporting day-to-day functionality for guests and tenants. The home is listed as approximately 1,407 square feet on about 0.202 acres.

    The property is located in St. Louis, Missouri (63114) and is described as conveniently positioned near shopping, dining, and major roadways, making it practical for renters and short-term stays. All units are occupied and actively booked, so showings are by appointment only and must be coordinated with the owner.

    For buyers looking for flexibility, the current setup supports continuing the short-term rental operation as well as converting the units to long-term rentals. The layout also allows for an owner-occupant scenario where one unit could be lived in while generating rental income from the remaining two units.

    Local Financial Insights For Multifamily LT 5

    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 $22.8k $16.20
    − Vacancy −$1.3k −$0.92
    EGI $21.5k $15.28
    − OpEx −$6.4k −$4.58
    NOI $15.0k $10.69
    1,407 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $214.9K
    $188.1K – $250.8K (±1% cap)
    NOI $15,046 @ 7.0% cap · market cap 5.47%
    Second Best
    Apartment 5plus
    $187.1K
    $163.7K – $218.2K (±1% cap)
    NOI $13,094 @ 7.0% cap · market cap 4.76%
    Theoretical Best
    Office A
    $302.0K
    $264.2K – $352.3K (±1% cap)
    NOI $21,138 @ 7.0% cap · market cap 7.69%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.369644
    Latitude
    38.714128

    FAQs

    What type of property is this?
    Triplex - Three separate furnished units provide rental income options with all units currently occupied and booked.
    Where is this triplex located?
    The property is located at 3210 Royalton Avenue St Louis, MO.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Cash‑flowing triplex with three separate units; nearly 15% cap rate per public remarks; Unit mix: one 2‑bedroom, 1‑bath apartment plus two studios with private baths; Currently operating as fully furnished short‑term rentals with all units occupied and actively booked (showings by appointment only)
    More about this property
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