Historic Two-Unit
For Sale
$319,900
3515 Wyoming Street, Saint Louis, MO 63118
Two distinct residences offer separate kitchens and period details, with central air and off-street parking.
Property Size2,536 SF
Price / SF$126.14
Days on Market15
Property Features for 3515 Wyoming Street
General Information
Standard status
Active
Size
2,536 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$2,379
Amenities
original pocket doors
original millwork
stained glass
decorative fireplaces
refinished hardwood floors
newer roof
central air
unfinished basement
Beamed Ceilings
Ceiling Fan(s)
Chandelier
Coffered Ceiling(s)
Entrance Foyer
High Ceilings
Laminate Counters
Natural Woodwork
Pantry
Separate Dining
Shower
Storage
Tub
Building Details
Building Size
2,536 SF
Year Built
1908
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Keller Williams Realty St. Louis
(314) 677-6000
Listed By:
David Nations · License #2007027969
(314) 775-2777
Source:
Eaglerealtygroup
Added: Oct 16
Changed: Oct 26
Last Checked: Oct 29 at 8:21PM
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 Keller Williams Realty St. Louis
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Investment Insights
Based on property information with market context.
Built in 1908, this 2,536-square-foot duplex contains two residences. The first-floor unit has two bedrooms and a full bathroom; the upper residence includes three bedrooms, a full bathroom, and separate kitchen, living, and dining rooms. Both feature spacious rooms, pocket doors, original millwork and stained glass, four decorative fireplaces, and refinished hardwood floors. Central air, a newer roof, an unfinished basement, and multiple off-street parking spaces add to the property’s features.
The property is near South Grand’s restaurants, cafés, and patios, with Tower Grove Park a short walk away. The two-unit layout provides separate living spaces within one building.
The property is near South Grand’s restaurants, cafés, and patios, with Tower Grove Park a short walk away. The two-unit layout provides separate living spaces within one building.
Key Highlights
- 2,536 square feet; built in 1908
- Two residences: first‑floor unit has 2 bedrooms and 1 full bath; upper unit has 3 bedrooms and 1 full bath
- Upper residence includes a separate kitchen, living room, and dining room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,119
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$542,380
$542.4K
Cap Rate 7%
$387,414
$387.4K
Cap Rate 9%
$301,322
$301.3K
Market Conditions
NOI Build-Up for 2,536 SF
Gross rent
$41.1K $16.20/SF
− Vacancy
−$2.3K −$0.92/SF
EGI
$38.7K $15.28/SF
− OpEx
−$11.6K −$4.58/SF
NOI
$27.1K $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 Rate 5%
$542,380
Cap Rate 7%
$387,414
Cap Rate 9%
$301,322
Alternative Uses
Best Use
Multifamily LT 5
$387.4K
$339.0K – $452.0K
NOI $27,119 @ 7.0% cap · market cap 8.48%
Second Best
Apartment 5plus
$337.1K
$295.0K – $393.3K
NOI $23,600 @ 7.0% cap · market cap 7.38%
Theoretical Best
Office A
$544.3K
$476.2K – $635.0K
NOI $38,099 @ 7.0% cap · market cap 11.91%
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
1,011
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 - Two distinct residences offer separate kitchens and period details, with central air and off-street parking.
Where is this duplex located?
The property is located at 3515 Wyoming Street Saint Louis, MO.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: 2,536 square feet; built in 1908; Two residences: first‑floor unit has 2 bedrooms and 1 full bath; upper unit has 3 bedrooms and 1 full bath; Upper residence includes a separate kitchen, living room, and dining room
