Renovated Brick Duplex with Rear
3523 Ohio Avenue, Saint Louis, MO 63118
For Sale
$398,900
Both residences offer four bedrooms, two full bathrooms, updated kitchens, and washer and dryer hookups.
Property Size3,774 SF
Price / SF$105.70
Days on Market103
Property Features for 3523 Ohio Avenue
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
private rear deck
shared backyard
washer/dryer hookups
Building Details
Building Size
Year Built
Buildings
Stories
Units
Construction
Listing Agency:
Focus Realty Group, LLC
(314) 949-2111
Listed By:
Jordan McCain
(314) 406-1229
Source:
Cityscapesrealty
Added: Aug 5
Changed: Nov 13
Last Checked: Nov 15 at 2:17AM
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 Focus Realty Group, LLC
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Investment Insights
Based on property information with market context.
Built in 1910, this 3,774-square-foot brick duplex contains two renovated residences with separate entrances. Each unit has an open main level with a bedroom, full bathroom, and kitchen, plus three additional bedrooms and another full bathroom upstairs. Kitchens feature white shaker cabinetry, granite countertops, and stainless steel appliances. Luxury vinyl plank flooring, updated bathrooms, and washer and dryer hookups are also in place.
Each residence has its own rear deck, with a shared backyard between the units. Recent property improvements include new electrical service, PVC plumbing, and a new roof. The property is located at 3523 Ohio Avenue in St. Louis, Missouri.
Each residence has its own rear deck, with a shared backyard between the units. Recent property improvements include new electrical service, PVC plumbing, and a new roof. The property is located at 3523 Ohio Avenue in St. Louis, Missouri.
Key Highlights
- Two‑unit brick duplex with 3,774 square feet
- Each unit has four bedrooms and two full bathrooms
- Separate entrances and a private rear deck for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,121
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$702,420
$702.4K
Cap Rate 7%
$501,729
$501.7K
Cap Rate 9%
$390,233
$390.2K
Market Conditions
NOI Build-Up for 3,774 SF
Gross rent
$67.9K $18.00/SF
− Vacancy
−$4.1K −$1.08/SF
EGI
$63.9K $16.92/SF
− OpEx
−$28.7K −$7.61/SF
NOI
$35.1K $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%
$702,420
Cap Rate 7%
$501,729
Cap Rate 9%
$390,233
Alternative Uses
Best Use
Multifamily LT 5
$576.5K
$504.5K – $672.6K
NOI $40,358 @ 7.0% cap · market cap 10.12%
Second Best
Apartment 5plus
$501.7K
$439.0K – $585.4K
NOI $35,121 @ 7.0% cap · market cap 8.80%
Theoretical Best
Office A
$810.0K
$708.7K – $945.0K
NOI $56,698 @ 7.0% cap · market cap 14.21%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,287
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
$210,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Saint Louis, MO
Properties on Market for Duplexes in Saint Louis
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer four bedrooms, two full bathrooms, updated kitchens, and washer and dryer hookups.
Where is this duplex located?
The property is located at 3523 Ohio Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $398,900.
What are key features of this property?
This property features: Two‑unit brick duplex with 3,774 square feet; Each unit has four bedrooms and two full bathrooms; Separate entrances and a private rear deck for each residence
