Brick 4-Unit
3619-3621 Commonwealth Avenue, Maplewood, MO 63143
For Sale
$494,000
All four apartments are occupied, with a mix of one- and two-bedroom layouts.
Property Size3,553 SF
Price / SF$139.04
Days on Market74
Property Features for 3619-3621 Commonwealth Avenue
General Information
Standard status
Size
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Construction
Listing Agency:
STL Smart Realty
Listed By:
Igal Alon
(314) 898-0048
Source:
Janetmcafee
Added: Aug 26
Changed: Nov 7
Last Checked: Nov 7 at 12:21PM
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 STL Smart Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,553-square-foot brick quadplex at 3619-3621 Commonwealth Avenue contains four apartments and dates to 1913. The unit mix includes two two-bedroom, one-bathroom residences and two one-bedroom, one-bathroom residences. All four units are occupied, providing an existing rental operation.
Key Highlights
- Four apartments: two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
- All units occupied
- 3,553 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,994
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$759,880
$759.9K
Cap Rate 7%
$542,771
$542.8K
Cap Rate 9%
$422,156
$422.2K
Market Conditions
NOI Build-Up for 3,553 SF
Gross rent
$57.6K $16.20/SF
− Vacancy
−$3.3K −$0.92/SF
EGI
$54.3K $15.28/SF
− OpEx
−$16.3K −$4.58/SF
NOI
$38.0K $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%
$759,880
Cap Rate 7%
$542,771
Cap Rate 9%
$422,156
Alternative Uses
Best Use
Multifamily LT 5
$542.8K
$474.9K – $633.2K
NOI $37,994 @ 7.0% cap · market cap 7.69%
Second Best
Apartment 5plus
$472.3K
$413.3K – $551.1K
NOI $33,064 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$762.5K
$667.2K – $889.6K
NOI $53,378 @ 7.0% cap · market cap 10.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,032
Businesses Nearby
Explore this area
Business Placement
Demographics for 63143, MO
9,686
Population
5,089
Households
1.9
Avg Household Size
36
Median Age
55%
College-Educated
97%
High-School Grad
2.0 sq mi
ZIP Area
4,843
Density / Sq Mi
$65,712
Median Household Income
$48,420
Median Earnings
$900
Median Rent
$226,300
Median Home Value
Market
Average Price Trend$/SF for Quadplexes in St. Louis County, MO
Properties on Market for Quadplexes in St. Louis County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - All four apartments are occupied, with a mix of one- and two-bedroom layouts.
Where is this quadplex located?
The property is located at 3619-3621 Commonwealth Avenue Maplewood, MO.
What is the asking price?
The asking price for this property is $494,000.
What are key features of this property?
This property features: Four apartments: two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units; All units occupied; 3,553 square feet
