Historic Two-Family
New
For Sale
$399,900
3307 Halliday Avenue St, Louis, MO 63118
Residential Income, St Louis, MO
Property Size3,476 SF
Lot Size0.10 Acres
Price / SF$115.05
Days on Market6
Property Features for 3307 Halliday Avenue St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 3, Basement, Bathroom 1, Bedroom 2
Fireplace
1
Basement
Full, Unfinished
Subdivision
Switzer 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
Directions
GPS
Standard status
Active
APN
1451-04-0110-0
Size
3,476 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
C.B. 1451 W HALLIDAY 32 FT 6 IN X 140 FT SWITZER ADDN LOTS E-7 W-10
Tax Annual Amount
3884
Legal Description
C.B. 1451 W HALLIDAY 32 FT 6 IN X 140 FT SWITZER ADDN LOTS E-7 W-10
Utilities
Heating system
Radiant, Natural Gas
Cooling system
Electric, Central Air
Water source
Public
Amenities
separate laundry areas
fenced backyard
Building Details
Year built
1904
Floors in Building
2
Number of units
2
Flooring type
Tile - Ceramic, Wood
Building materials
Brick, Stone
Architectural style
Other
Listing Agency:
RedKey Realty Leaders Circa
(314) 352-5200
Listed By:
Dan Brassil
(314) 692-7200
Added: Sep 9
Changed: Sep 13
Last Checked: Sep 14 at 12:06AM
MLS# 26058048
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 1904, this brick two-family property contains 3,476 square feet across two generously sized units. Both residences include defined living and dining areas, wood and ceramic tile flooring, original millwork, pocket doors, tiled fireplace mantels, built-in cabinetry, and butler’s pantries. Each unit also has a spacious kitchen with original cabinetry, an adjoining sunroom, and a separate laundry area. Central air, electric cooling, radiant heat, and natural gas heating serve the property. A basement, fenced backyard, public water, and fireplaces add to the physical configuration.
The property is located at 3307 Halliday Avenue in St Louis, MO 63118, within Tower Grove East. Tower Grove Park, South Grand, neighborhood restaurants, shops, and other amenities are identified nearby, along with highway access. The 0.1028-acre lot supports the duplex and its fenced outdoor area.
The property is located at 3307 Halliday Avenue in St Louis, MO 63118, within Tower Grove East. Tower Grove Park, South Grand, neighborhood restaurants, shops, and other amenities are identified nearby, along with highway access. The 0.1028-acre lot supports the duplex and its fenced outdoor area.
Key Highlights
- 3,476‑square‑foot two‑family property built in 1904
- Two units with spacious living and dining areas, kitchens, sunrooms, and separate laundry areas
- Original millwork, pocket doors, tiled fireplace mantels, built‑in cabinetry, and butler’s pantries
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,348
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$646,960
$647.0K
Cap Rate 7%
$462,114
$462.1K
Cap Rate 9%
$359,422
$359.4K
Market Conditions
NOI Build-Up for 3,476 SF
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.
Gross rent
$62.6K $18.00/SF
− Vacancy
−$3.8K −$1.08/SF
EGI
$58.8K $16.92/SF
− OpEx
−$26.5K −$7.61/SF
NOI
$32.3K $9.31/SF
Area
St. Louis County, MO
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$646,960
Cap Rate 7%
$462,114
Cap Rate 9%
$359,422
Alternative Uses
Best Use
Multifamily LT 5
$531.0K
$464.6K – $619.5K
NOI $37,171 @ 7.0% cap · market cap 9.30%
Second Best
Apartment 5plus
$462.1K
$404.4K – $539.1K
NOI $32,348 @ 7.0% cap · market cap 8.09%
Theoretical Best
Office A
$746.0K
$652.8K – $870.4K
NOI $52,221 @ 7.0% cap · market cap 13.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
821
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Brick duplex with two spacious units, original millwork, sunrooms, and separate laundry areas.
Where is this duplex located?
The property is located at 3307 Halliday Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 3,476‑square‑foot two‑family property built in 1904; Two units with spacious living and dining areas, kitchens, sunrooms, and separate laundry areas; Original millwork, pocket doors, tiled fireplace mantels, built‑in cabinetry, and butler’s pantries
