Updated 4-Unit
For Sale
$365,000
329 Eichelberger St, Saint Louis, MO 63111
Fully occupied multifamily property with refreshed units, upgraded HVAC systems, and a recently replaced deck.
Property Size2,190 SF
Price / SF$166.67
Days on Market72
Property Features for 329 Eichelberger St
General Information
Standard status
Active
Size
2,190 SF
Property subtype
Residential Income
Listing Agency:
Real Broker LLC
(855) 450-0442
Listed By:
Junior Lara
(314) 625-3427
Source:
Exprealty
Added: Aug 5
Changed: Oct 10
Last Checked: Oct 14 at 11:38PM
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 Real Broker LLC
Investment Insights
Based on property information with market context.
This 4-unit quadplex contains 2,190 square feet and is fully occupied. Recent property improvements include updated interiors, new HVAC systems, and a replacement deck, addressing key building components and unit presentation. The configuration provides four residential units within a single multifamily asset.
Located at 329 Eichelberger St in Saint Louis, Missouri, the property is offered with a reported cap rate exceeding 10%.
Located at 329 Eichelberger St in Saint Louis, Missouri, the property is offered with a reported cap rate exceeding 10%.
Key Highlights
- Four‑unit multifamily property with 2,190 square feet
- Fully occupied residential income property
- Cap rate exceeding 10%
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,419
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$468,380
$468.4K
Cap Rate 7%
$334,557
$334.6K
Cap Rate 9%
$260,211
$260.2K
Market Conditions
NOI Build-Up for 2,190 SF
Gross rent
$35.5K $16.20/SF
− Vacancy
−$2.0K −$0.92/SF
EGI
$33.5K $15.28/SF
− OpEx
−$10.0K −$4.58/SF
NOI
$23.4K $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%
$468,380
Cap Rate 7%
$334,557
Cap Rate 9%
$260,211
Alternative Uses
Best Use
Multifamily LT 5
$334.6K
$292.7K – $390.3K
NOI $23,419 @ 7.0% cap · market cap 6.42%
Second Best
Apartment 5plus
$291.1K
$254.8K – $339.7K
NOI $20,380 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$470.0K
$411.3K – $548.4K
NOI $32,901 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
Explore this area
Business Placement
Demographics for 63111, MO
19,538
Population
10,541
Households
1.9
Avg Household Size
37
Median Age
19%
College-Educated
86%
High-School Grad
3.2 sq mi
ZIP Area
6,106
Density / Sq Mi
$43,295
Median Household Income
$33,114
Median Earnings
$846
Median Rent
$115,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied multifamily property with refreshed units, upgraded HVAC systems, and a recently replaced deck.
Where is this quadplex located?
The property is located at 329 Eichelberger St Saint Louis, MO.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Four‑unit multifamily property with 2,190 square feet; Fully occupied residential income property; Cap rate exceeding 10%
