Mixed-Use Building with
For Sale
$525,000
3465-67 S Grand, Saint Louis, MO 63118
Residential Income, St Louis, MO
Property Size2,000 SF
Price / SF$262.50
Days on Market171
Property Features for 3465-67 S Grand
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 1
Parking features
Alley
Subdivision
Hunt add
Elementary school
Bryan Hill Elem.
Middle school
Henry Elem.
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
1595-00-02007
Size
2,000 SF
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1950
Floors in Building
1
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 5:06PM
MLS# 26014901
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.
Located at 3465-67 S Grand in St. Louis, this 2,000-square-foot mixed-use building includes residential apartments on the upper level and commercial space on the ground floor. A full basement adds additional interior area, while the brick construction dates to 1950. The property also features forced-air heating and central air conditioning.
The building offers off-street parking accessed from the alley and sits on a bus line. A grocery store is directly across the street, with restaurants and shopping nearby. The residential units have been updated and are occupied by long-term residents, providing an established residential component alongside the commercial area.
The building offers off-street parking accessed from the alley and sits on a bus line. A grocery store is directly across the street, with restaurants and shopping nearby. The residential units have been updated and are occupied by long-term residents, providing an established residential component alongside the commercial area.
Key Highlights
- 2,000‑square‑foot mixed‑use building at 3465‑67 S Grand, St. Louis, MO 63118
- Residential apartments upstairs with commercial space on the ground floor
- Full basement provides additional interior space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,599
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$491,980
$492.0K
Cap Rate 7%
$351,414
$351.4K
Cap Rate 9%
$273,322
$273.3K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$45.2K $22.62/SF
− Vacancy
−$5.9K −$2.94/SF
EGI
$39.4K $19.68/SF
− OpEx
−$14.8K −$7.38/SF
NOI
$24.6K $12.30/SF
Area
St. Louis County, MO
Vacancy
13.00%
Lease Rate
$22.62 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$491,980
Cap Rate 7%
$351,414
Cap Rate 9%
$273,322
Alternative Uses
Best Use
Mixed Use
$351.4K
$307.5K – $410.0K
NOI $24,599 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$265.9K
$232.7K – $310.2K
NOI $18,612 @ 7.0% cap · market cap 3.55%
Theoretical Best
Office A
$429.2K
$375.6K – $500.8K
NOI $30,046 @ 7.0% cap · market cap 5.72%
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level property combines commercial space, residential units, and a full basement near bus service and neighborhood retail.
Where is this mixed-use property located?
The property is located at 3465-67 S Grand Saint Louis, MO.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2,000‑square‑foot mixed‑use building at 3465‑67 S Grand, St. Louis, MO 63118; Residential apartments upstairs with commercial space on the ground floor; Full basement provides additional interior space
