2-Unit Updated
For Sale
$274,900
3443 Utah Street, Saint Louis, MO 63118
Both apartments offer two bedrooms and one full bath, with the upper residence adding bonus space and a private balcony.
Property Size2,550 SF
Price / SF$107.80
Days on Market156
Property Features for 3443 Utah Street
General Information
Standard status
Active
Size
2,550 SF
Property subtype
2-4 Units
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$1,915
Building Details
Building Size
2,550 SF
Year Built
1908
Buildings
1
Tenancy
Multi
Listing Agency:
RE/MAX Results
Listed By:
Sarah Nguyen-Bani · License #2002004718
(314) 894-8775
Source:
Janetmcafee
Added: May 28
Changed: Oct 26
Last Checked: Oct 26 at 3:22PM
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 RE/MAX Results
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Investment Insights
Based on property information with market context.
Built in 1908, this 2,550-square-foot duplex contains two apartments, each with two bedrooms and one full bath. Hardwood flooring, decorative fireplaces, original woodwork, and natural light characterize much of the living space. Updates include newer bathrooms, some renovated kitchens, plumbing and electrical improvements, water heaters, forced-air heating, and central air conditioning. The second-floor apartment also has bonus space and access to a private balcony. A walkout basement provides storage, and the property includes a level, fenced backyard.
The duplex is in Tower Grove East, with Tower Grove Park, Grand Avenue dining and coffee shops, SLU, SSM Health, and Children’s Hospital among the nearby destinations. The property is offered as-is, with no inspections or repairs to be provided by the seller.
The duplex is in Tower Grove East, with Tower Grove Park, Grand Avenue dining and coffee shops, SLU, SSM Health, and Children’s Hospital among the nearby destinations. The property is offered as-is, with no inspections or repairs to be provided by the seller.
Key Highlights
- Two apartments, each with 2 bedrooms and 1 full bath
- 2,550‑square‑foot duplex built in 1908
- Upper apartment includes bonus space and private balcony access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,730
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,600
$474.6K
Cap Rate 7%
$339,000
$339.0K
Cap Rate 9%
$263,667
$263.7K
Market Conditions
NOI Build-Up for 2,550 SF
Gross rent
$45.9K $18.00/SF
− Vacancy
−$2.8K −$1.08/SF
EGI
$43.1K $16.92/SF
− OpEx
−$19.4K −$7.61/SF
NOI
$23.7K $9.31/SF
Area
St. Louis County, MO
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,600
Cap Rate 7%
$339,000
Cap Rate 9%
$263,667
Alternative Uses
Best Use
Multifamily LT 5
$389.6K
$340.9K – $454.5K
NOI $27,269 @ 7.0% cap · market cap 9.92%
Second Best
Apartment 5plus
$339.0K
$296.6K – $395.5K
NOI $23,730 @ 7.0% cap · market cap 8.63%
Theoretical Best
Office A
$547.3K
$478.9K – $638.5K
NOI $38,309 @ 7.0% cap · market cap 13.94%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,197
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both apartments offer two bedrooms and one full bath, with the upper residence adding bonus space and a private balcony.
Where is this duplex located?
The property is located at 3443 Utah Street Saint Louis, MO.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 full bath; 2,550‑square‑foot duplex built in 1908; Upper apartment includes bonus space and private balcony access
