Four-Unit Garden-Style
For Sale
$499,000
3429 Juniata St, Saint Louis, MO 63118
Low-rise property with hardwood floors, decorative fireplaces, and in-unit laundry.
Property Size3,196 SF
Price / SF$156.13
Days on Market15
Property Features for 3429 Juniata St
General Information
Standard status
Active
Size
3,196 SF
Property subtype
Residential Income
Occupancy
75%
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$1,966
Amenities
hardwood flooring
decorative fireplaces
in-unit washer and dryers
Building Details
Construction
garden-style
Listing Agency:
Salient Realty Group, LLC
(314) 374-3687
Listed By:
Matt Millslagle · License #2024031548
(314) 323-3340
Source:
Exprealty
Added: Aug 31
Changed: Sep 12
Last Checked: Sep 14 at 6:37AM
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
Investment Insights
Based on property information with market context.
This 3,196-square-foot quadplex contains four residential units in a low-rise, garden-style configuration. Unit interiors feature hardwood flooring, decorative fireplaces, and individual washers and dryers, providing distinct in-unit amenities across the property.
Located at 3429 Juniata St in Saint Louis, MO, the property is offered with a reported 75% occupancy rate. Its four-unit layout and existing residential improvements provide a straightforward multifamily configuration for continued ownership or portfolio expansion.
Located at 3429 Juniata St in Saint Louis, MO, the property is offered with a reported 75% occupancy rate. Its four-unit layout and existing residential improvements provide a straightforward multifamily configuration for continued ownership or portfolio expansion.
Key Highlights
- Four‑unit quadplex with a low‑rise, garden‑style design
- 3,196 SF multifamily property
- Reported 75% occupancy rate
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
$34,177
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
6.85%
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%
$683,540
$683.5K
Cap Rate 7%
$488,243
$488.2K
Cap Rate 9%
$379,744
$379.7K
Market Conditions
NOI Build-Up for 3,196 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
$51.8K $16.20/SF
− Vacancy
−$3.0K −$0.92/SF
EGI
$48.8K $15.28/SF
− OpEx
−$14.6K −$4.58/SF
NOI
$34.2K $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 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%
$683,540
Cap Rate 7%
$488,243
Cap Rate 9%
$379,744
Alternative Uses
Best Use
Multifamily LT 5
$488.2K
$427.2K – $569.6K
NOI $34,177 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$424.9K
$371.8K – $495.7K
NOI $29,742 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$685.9K
$600.2K – $800.2K
NOI $48,014 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
75%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,072
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
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Low-rise property with hardwood floors, decorative fireplaces, and in-unit laundry.
Where is this quadplex located?
The property is located at 3429 Juniata St Saint Louis, MO.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Four‑unit quadplex with a low‑rise, garden‑style design; 3,196 SF multifamily property; Reported 75% occupancy rate
