Brick Quadplex with Hardwood
New
For Sale
$499,000
3429 Juniata Street St, Louis, MO 63118
Residential Income, St Louis, MO
Property Size3,196 SF
Lot Size0.11 Acres
Price / SF$156.13
Days on Market3
Property Features for 3429 Juniata Street St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Basement, Bathroom 1, Bedroom 1
Parking features
Alley
Fireplace
1
Basement
Unfinished
Appliances
Stainless Steel Appliance(s)
Subdivision
Tower Grove Heights Amd Add
Elementary school
Shenandoah Elem.
Middle school
Fanning Middle Community Ed.
High school
Roosevelt High
Elementary school district
St. Louis City
Middle school district
St. Louis City
High school district
St. Louis City
Directions
GPS is Best!
Standard status
Active
APN
1464-00-0280-0
Size
3,196 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1966
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
hardwood flooring
decorative fireplaces
in-unit washer and dryers
Building Details
Year built
1907
Flooring type
Hardwood
Building materials
Brick
Listing Agency:
Salient Realty Group, LLC
(314) 374-3687
Listed By:
Matt Millslagle · License #2024031548
(314) 323-3340
Added: Aug 31
Changed: Sep 1
Last Checked: Sep 2 at 6:06PM
MLS# 26056107
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 brick quadplex contains 3,196 square feet across four units in a low-rise, garden-style configuration. Built in 1907, the property includes hardwood flooring, decorative fireplaces, in-unit washers and dryers, stainless steel appliances, forced-air heating, and central air conditioning. A basement and bathroom are also included among the listed rooms and spaces.
The property is located at 3429 Juniata Street in St. Louis, Missouri, within ZIP Code 63118. Public water serves the building, and alley access is identified among the parking features. Current occupancy is 75%, providing a clear snapshot of the existing operating status.
The property is located at 3429 Juniata Street in St. Louis, Missouri, within ZIP Code 63118. Public water serves the building, and alley access is identified among the parking features. Current occupancy is 75%, providing a clear snapshot of the existing operating status.
Key Highlights
- Four‑unit quadplex with 3,196 SF of building area
- 75% current occupancy
- Brick construction with hardwood flooring
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
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Low-rise multifamily property with in-unit laundry, hardwood flooring, and central air.
Where is this quadplex located?
The property is located at 3429 Juniata Street St 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 3,196 SF of building area; 75% current occupancy; Brick construction with hardwood flooring
