Other Residential Income
For Sale
$325,000
3463 S Grand Boulevard, Saint Louis, MO 63118
Residential Income, St Louis, MO
Property Size2,442 SF
Lot Size0.08 Acres
Price / SF$133.09
Days on Market171
Property Features for 3463 S Grand Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 1
Basement
Full
Subdivision
Hunts Add
Elementary school
Clay Elem.
Middle school
Langston Middle
High school
Roosevelt High
Elementary school district
St. Louis City
Middle school district
St. Louis City
High school district
St. Louis City
Directions
Use GPS
Standard status
Active
APN
1595-00-0195-0
Size
2,442 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2357
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Building Details
Year built
1912
Number of units
1
Flooring type
Laminate
Building materials
Brick
Architectural style
Other
Listing Agency:
Berkshire Hathaway HomeServices Select Properties
(314) 775-2050
Listed By:
Lisa Alexander · License #1999111692
(314) 258-1069
Added: Apr 18
Changed: Sep 28
Last Checked: Oct 5 at 10:06PM
MLS# 26015354
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 other residential income property is being offered for sale and includes 2,442 square feet of building area on a 0.0803-acre lot.
The property is located at 3463 S Grand Boulevard in St. Louis, Missouri (63118), within St. Louis City County.
Additional details on unit configuration, condition, and interior features are not provided in the available information.
The property is located at 3463 S Grand Boulevard in St. Louis, Missouri (63118), within St. Louis City County.
Additional details on unit configuration, condition, and interior features are not provided in the available information.
Key Highlights
- Brick construction
- Central air conditioning with forced‑air heating (natural gas)
- Year built: 1912
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,725
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,500
$454.5K
Cap Rate 7%
$324,643
$324.6K
Cap Rate 9%
$252,500
$252.5K
Market Conditions
NOI Build-Up for 2,442 SF
Gross rent
$44.0K $18.00/SF
− Vacancy
−$2.6K −$1.08/SF
EGI
$41.3K $16.92/SF
− OpEx
−$18.6K −$7.61/SF
NOI
$22.7K $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%
$454,500
Cap Rate 7%
$324,643
Cap Rate 9%
$252,500
Alternative Uses
Best Use
Apartment 5plus
$324.6K
$284.1K – $378.8K
NOI $22,725 @ 7.0% cap · market cap 6.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$524.1K
$458.6K – $611.5K
NOI $36,687 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,005
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Other residential income property for sale in St. Louis, MO, totaling 2,442 square feet on a 0.0803-acre lot.
Where is this residential income property located?
The property is located at 3463 S Grand Boulevard Saint Louis, MO.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Brick construction; Central air conditioning with forced‑air heating (natural gas); Year built: 1912
