Renovated Four-Unit Multifamily
3610 Neosho Street St Louis, MO 63116
New
3610 Neosho Street St, Louis, MO, 63116
$385,000
For Sale
Under Contract
$385,000
MULTI_FAMILY - Other - St Louis, MO
Property Size3,384 SF
Lot Size0.12 Acres
Price / SF$113.77
Days on Market7
Property Features for 3610 Neosho Street St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bathroom 4, Bathroom 2, Dining Room, Basement, Bedroom 4, Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 3
- Parking features
- Secured
- Interior features
- Built-in Features, Ceiling Fan(s), Crown Molding, Dining/Living Room Combo, Eat-in Kitchen, Granite Counters, Historic Millwork, Kitchen Island, Kitchen/Dining Room Combo, Recessed Lighting, Storage, Track Lighting, Tub
- Exterior features
- Balcony, Entry Steps/Stairs, Lighting, Private Entrance
- Basement
- Concrete
- Appliances
- Stainless Steel Appliance(s), Dishwasher, Disposal, Microwave, Free-Standing Electric Range, Refrigerator, Washer/Dryer
- Standard status
- Active Under Contract
- APN
- 6112-00-0160-0
- Size
- 3,384 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2679
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1927
- Floors in Building
- 2
- Flooring type
- Vinyl, Tile - Ceramic, Hardwood
- Building materials
- Brick
- Architectural style
- Other
- Additional Structures
- Storage
Listing agency
Nettwork Global
(636) 614-5132
Listed by
Maria Annecchiarico · License #2008012008
(636) 614-5132
Added: Jul 17 Updated: Jul 22 at 7:37PM Checked: Jul 23 at 3:06AM
MLS# 26040804
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 newly renovated four-unit multifamily building features four turnkey 1-bedroom, 1-bath units. Updates include brand new HVAC systems and water heaters, tuckpointing, retaining walls, landscaping, neutral paint, upgraded lighting, door handles, stainless steel appliances, and updated bathrooms and kitchens with 42-inch cabinets and granite countertops. Additional improvements include in-unit laundry closets with white washer/dryer systems, along with new electric, plumbing, windows, roof, and sewer work completed within the last five years.
The property also includes a large basement with tall ceilings for storage, a covered front porch with new concrete flooring, a balcony, and a gated private parking area in the rear of the building.
City occupancy inspections have already been passed. The location is described as being near SSM Hospital and SLU Hospital, as well as Tower Grove Park and the dining scene on Grand Boulevard.
The property also includes a large basement with tall ceilings for storage, a covered front porch with new concrete flooring, a balcony, and a gated private parking area in the rear of the building.
City occupancy inspections have already been passed. The location is described as being near SSM Hospital and SLU Hospital, as well as Tower Grove Park and the dining scene on Grand Boulevard.
Key Highlights
- Newly renovated 4‑family with four 1‑bedroom/1‑bath units in the Dutchtown area
- Brand new HVACs and water heaters, plus recent tuckpointing, retaining walls, landscaping, and exterior lighting
- Major updates in the last 5 years: new electric, plumbing, windows, roof, and sewer
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.9k | $18.00 |
| − Vacancy | −$3.7k | −$1.08 |
| EGI | $57.3k | $16.92 |
| − OpEx | −$25.8k | −$7.61 |
| NOI | $31.5k | $9.31 |
3,384 SF · lease $18.00/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$449.9K
$393.7K – $524.9K
NOI $31,492 @ 7.0% cap · market cap 8.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$726.3K
$635.5K – $847.3K
NOI $50,839 @ 7.0% cap · market cap 13.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Short term rental ...
Similar For Sale Nearby
FAQs
What type of property is this?
Multifamily property - Newly renovated fourplex with four turnkey 1-bedroom units, in-unit laundry, updated kitchens and baths, and private gated parking.
Where is this multifamily property located?
The property is located at 3610 Neosho Street St Louis, MO.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Newly renovated 4‑family with four 1‑bedroom/1‑bath units in the Dutchtown area; Brand new HVACs and water heaters, plus recent tuckpointing, retaining walls, landscaping, and exterior lighting; Major updates in the last 5 years: new electric, plumbing, windows, roof, and sewer
