Four-Unit Residential Income
3404 Lawn Avenue St Louis, MO 63139
3404 Lawn Avenue St, Louis, MO, 63139
$450,000
Pending
For Sale
$450,000
Pending
MULTI_FAMILY - St Louis, MO
Property Size3,440 SF
Lot Size0.13 Acres
Days on Market8
Property Features for 3404 Lawn Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 3, Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 2
- Standard status
- Pending
- APN
- 6066-00-0050-0
- Size
- 3,440 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5131
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1941
- Building materials
- Brick
Listing agency
Real Broker LLC
(573) 520-3099
Listed by
Lynne Hart · License #2015021561
(855) 450-0442
Added: Jul 16 Updated: Jul 22 at 12:34PM Checked: Jul 23 at 3:06AM
MLS# 26044573
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.
This well-maintained four-unit residential income property features updated finishes in three of the four units. Each unit includes in-unit washer and dryer, keyless entry, and large living rooms, with rear decks providing additional outdoor space.
Located in St. Louis City, the property is described as within walking distance to bars, restaurants, and entertainment, and just minutes from major hospital systems.
The offering includes a total property size of 3,440 square feet on a 0.1295-acre lot.
Located in St. Louis City, the property is described as within walking distance to bars, restaurants, and entertainment, and just minutes from major hospital systems.
The offering includes a total property size of 3,440 square feet on a 0.1295-acre lot.
Key Highlights
- Four‑unit multifamily property built in 1941 with brick construction
- Central air cooling
- Three of the four units have been updated
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 | $55.7k | $16.20 |
| − Vacancy | −$3.2k | −$0.92 |
| EGI | $52.6k | $15.28 |
| − OpEx | −$15.8k | −$4.58 |
| NOI | $36.8k | $10.69 |
3,440 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$525.5K
$459.8K – $613.1K
NOI $36,786 @ 7.0% cap · market cap 8.17%
Second Best
Apartment 5plus
$457.3K
$400.2K – $533.6K
NOI $32,013 @ 7.0% cap · market cap 7.11%
Theoretical Best
Office A
$738.3K
$646.0K – $861.3K
NOI $51,680 @ 7.0% cap · market cap 11.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Well-maintained four-unit property with in-unit washer and dryer, keyless entry, and rear decks.
Where is this quadplex located?
The property is located at 3404 Lawn Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four‑unit multifamily property built in 1941 with brick construction; Central air cooling; Three of the four units have been updated
