Four-Unit Brick Multifamily with Rear
For Sale
$450,000
Pending
3404 Lawn Avenue St, Louis, MO 63139
MULTI_FAMILY - St Louis, MO
Property Size3,440 SF
Lot Size0.13 Acres
Days on Market16
Property Features for 3404 Lawn Avenue St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 1
Subdivision
Kingshighway Hills Add
Elementary school
Adams Elem.
Middle school
Blewett Middle
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
6066-00-0050-0
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
Amenities
in-unit washer and dryer
keyless entry
rear decks
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
Changed: Jul 31
Last Checked: Jul 31 at 4:06AM
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 four-unit brick multifamily property features a practical, tenant-friendly layout with in-unit washer and dryer, keyless entry, and rear decks for outdoor space. The building includes central air, and the units are designed with spacious living rooms and comfortable, privacy-focused living accommodations. Three of the four units have been updated, providing modern finishes while still leaving room for future improvements.
Set on a 0.1295-acre lot, the property totals 3,440 square feet. Built in 1941, it offers a low-maintenance, brick exterior with central air servicing the units.
The location is described as within walking distance to bars, restaurants, and entertainment, with major hospital systems just minutes away—an environment that can support consistent demand from healthcare and longer-term renters.
Set on a 0.1295-acre lot, the property totals 3,440 square feet. Built in 1941, it offers a low-maintenance, brick exterior with central air servicing the units.
The location is described as within walking distance to bars, restaurants, and entertainment, with major hospital systems just minutes away—an environment that can support consistent demand from healthcare and longer-term renters.
Key Highlights
- 0.1295‑acre lot
- 3,440 SF total building area
- Built in 1941
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 authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
743
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit brick multifamily built in 1941 with in-unit washer/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: 0.1295‑acre lot; 3,440 SF total building area; Built in 1941
