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4-Unit Building with Garages
For Sale
$435,000
Pending

3400 Lawn Ave, Saint Louis, MO 63139

Income-producing property with dedicated parking and substantial storage capacity.

Property Size3,440 SF
Days on Market76

Property Features for 3400 Lawn Ave

General Information

Standard status Pending
Size 3,440 SF
Total Parking Spaces 3
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Additional Details

Gross Income $55,200
Highway Access Yes

Taxes and HOA fees

Annual Taxes $5,044
Listing Agency: Salient Realty Group, LLC
Listed By: James Anderson · License #2019046652
Source: Exprealty
Added: Aug 2 Changed: Oct 9 Last Checked: Oct 15 at 3:55AM

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 Salient Realty Group, LLC

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Investment Insights

Based on property information with market context.

Located at 3400 Lawn Ave in Saint Louis, this 3,440-square-foot quadplex contains four one-bedroom, one-bathroom units. The property is fully income-producing and configured as a four-family residential asset.

Parking and storage are provided by a detached two-car garage and an additional single-car garage positioned at the rear of the property. The North Hampton setting places the building near parks, restaurants, shopping, and major highways, with access to the surrounding South St. Louis area.

Key Highlights

  • Four 1‑bedroom, 1‑bathroom units in a quadplex configuration
  • 3,440 SF residential income property
  • Detached 2‑car garage included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,786
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$735,720 $735.7K
Cap Rate 7%
$525,514 $525.5K
Cap Rate 9%
$408,733 $408.7K
Market Conditions
NOI Build-Up for 3,440 SF
Gross rent
$55.7K $16.20/SF
− Vacancy
−$3.2K −$0.92/SF
EGI
$52.6K $15.28/SF
− OpEx
−$15.8K −$4.58/SF
NOI
$36.8K $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%
$735,720
Cap Rate 7%
$525,514
Cap Rate 9%
$408,733

Alternative Uses

Best Use
Multifamily LT 5
$525.5K
$459.8K – $613.1K (±1% cap)
NOI $36,786 @ 7.0% cap · market cap 8.46%
Second Best
Apartment 5plus
$457.3K
$400.2K – $533.6K (±1% cap)
NOI $32,013 @ 7.0% cap · market cap 7.36%
Theoretical Best
Office A
$738.3K
$646.0K – $861.3K (±1% cap)
NOI $51,680 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Hair Salon Nail Salon Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

778
Businesses Nearby

Demographics for 63139, MO

21,971
Population
12,187
Households
1.8
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
5,782
Density / Sq Mi
$74,749
Median Household Income
$52,298
Median Earnings
$1,086
Median Rent
$199,400
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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Income-producing property with dedicated parking and substantial storage capacity.
Where is this quadplex located?
The property is located at 3400 Lawn Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Four 1‑bedroom, 1‑bathroom units in a quadplex configuration; 3,440 SF residential income property; Detached 2‑car garage included
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