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Brick Four-Unit Quadplex
For Sale
$435,000
Pending

3400 Lawn Avenue, Saint Louis, MO 63139

Residential Income, St Louis, MO

Property Size3,440 SF
Lot Size0.13 Acres
Days on Market92

Property Features for 3400 Lawn Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 1, Basement
Appliances Oven, Refrigerator
Subdivision Northampton
Elementary school Buder Elem.
Middle school Long Middle Community Ed. Center
High school Roosevelt High
Elementary school district St. Louis City
Middle school district St. Louis City
High school district St. Louis City
Standard status Pending
APN 6066-00-0060-0
Size 3,440 SF
Lot size 0.13 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description C. B. 6066 LAWN, 47.50 FT X 120 FT, KINGSHIGHWAY HILLS ADDN, BLK 3 LOT 16 & N 15
Tax Annual Amount 5044
Legal Description C. B. 6066 LAWN, 47.50 FT X 120 FT, KINGSHIGHWAY HILLS ADDN, BLK 3 LOT 16 & N 15

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air, Window Unit(s), Wall/Window Unit(s)
Water source Public

Amenities

storage

Building Details

Year built 1941
Number of units 4
Building materials Brick
Architectural style Other
Listing Agency: Salient Realty Group, LLC
Listed By: James Anderson · License #2019046652
Added: Aug 3 Changed: Oct 28 Last Checked: Nov 2 at 5:06AM
MLS# 26049480

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.

Rey
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Investment Insights

Based on property information with market context.

This brick quadplex contains four one-bedroom, one-bathroom residences within 3,440 square feet. Built in 1941, the property includes a basement, oven and refrigerator appliances, public water service, and a combination of natural-gas forced-air and unit-based cooling systems.

The 0.1309-acre property is located at 3400 Lawn Avenue in St. Louis, Missouri. Vehicle storage includes a detached two-car garage and a separate single-car garage at the rear. The site also provides parking and storage, while the residential layout supports continued multifamily use.

Key Highlights

  • Four one‑bedroom, one‑bathroom units
  • 3,440 square feet on a 0.1309‑acre lot
  • Detached 2‑car garage plus an additional single‑car garage

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

Who owns this building? See the owner, sales and loan history
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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 multifamily property with detached garages, additional parking, and storage space.
Where is this quadplex located?
The property is located at 3400 Lawn Avenue 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 one‑bedroom, one‑bathroom units; 3,440 square feet on a 0.1309‑acre lot; Detached 2‑car garage plus an additional single‑car garage
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