Updated Brick
For Sale
$375,000
3644-3646 Bates Street, Saint Louis, MO 63116
Residential Income, St Louis, MO
Property Size3,552 SF
Lot Size0.15 Acres
Price / SF$105.57
Days on Market64
Property Features for 3644-3646 Bates Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 4, Basement, Bedroom 2, Bathroom 2, Bathroom 1
Parking
4
Parking features
On Street, Off Street
Patio and Porch features
Porch
Interior features
Ceiling Fan(s), Eat-in Kitchen
Basement
Full
Subdivision
Garnd Dover Park
Lot features
City Lot
Elementary school
Woerner Elem.
Middle school
Lyon-Blow Middle
High school
Roosevelt High
Elementary school district
St. Louis City
Middle school district
St. Louis City
High school district
St. Louis City
Directions
GPS Friendly :-)
Standard status
Active
APN
5863-00-0130-0
Size
3,552 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
C.B.5863 BATES 47 FT 6 IN X 142 FT 0 3/4 IN/142 FT 2 IN GRAND DOVER PARK ADDN BLOCK 1 LOT 13 & E14
Tax Annual Amount
3161
Legal Description
C.B.5863 BATES 47 FT 6 IN X 142 FT 0 3/4 IN/142 FT 2 IN GRAND DOVER PARK ADDN BLOCK 1 LOT 13 & E14
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
basement laundry
private parking
Building Details
Year built
1927
Floors in Building
2
Number of units
4
Building materials
Brick
Architectural style
Other
Listing Agency:
EXP Realty, LLC
(866) 224-1761
Listed By:
Christoph Dewald · License #2020037702
(636) 232-1614
Added: Aug 14
Changed: Sep 29
Last Checked: Oct 16 at 3:06AM
MLS# 26051182
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.
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 3,552-square-foot quadplex contains four rental units within a brick building constructed in 1927. The property is fully occupied and includes a functional unit layout, basement laundry areas with washer and dryer locations, and porches. Interior features include ceiling fans and eat-in kitchens, while forced-air heating and central air conditioning serve the building. A new TPO roof was installed in 2024.
The property occupies 0.1532 acres at 3644-3646 Bates Street in St. Louis, Missouri 63116. Parking is available off street at the rear, with additional on-street parking. Public water serves the property, and the location provides access to highways, Carondelet Park, shopping, and other amenities.
The property occupies 0.1532 acres at 3644-3646 Bates Street in St. Louis, Missouri 63116. Parking is available off street at the rear, with additional on-street parking. Public water serves the property, and the location provides access to highways, Carondelet Park, shopping, and other amenities.
Key Highlights
- Four fully occupied rental units in one building
- 3,552 square feet on 0.1532 acres
- New TPO roof installed in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,055
Cap Rate
8.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,100
$661.1K
Cap Rate 7%
$472,214
$472.2K
Cap Rate 9%
$367,278
$367.3K
Market Conditions
NOI Build-Up for 3,552 SF
Gross rent
$63.9K $18.00/SF
− Vacancy
−$3.8K −$1.08/SF
EGI
$60.1K $16.92/SF
− OpEx
−$27.0K −$7.61/SF
NOI
$33.1K $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%
$661,100
Cap Rate 7%
$472,214
Cap Rate 9%
$367,278
Alternative Uses
Best Use
Multifamily LT 5
$542.6K
$474.8K – $633.1K
NOI $37,984 @ 7.0% cap · market cap 10.13%
Second Best
Apartment 5plus
$472.2K
$413.2K – $550.9K
NOI $33,055 @ 7.0% cap · market cap 8.81%
Theoretical Best
Office A
$762.3K
$667.0K – $889.4K
NOI $53,363 @ 7.0% cap · market cap 14.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
469
Businesses Nearby
Explore this area
Business Placement
Demographics for 63116, MO
41,959
Population
22,394
Households
1.9
Avg Household Size
37
Median Age
37%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
7,770
Density / Sq Mi
$60,193
Median Household Income
$42,012
Median Earnings
$946
Median Rent
$161,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied four-unit property with basement laundry areas, private rear parking, and central air conditioning.
Where is this quadplex located?
The property is located at 3644-3646 Bates Street Saint Louis, MO.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Four fully occupied rental units in one building; 3,552 square feet on 0.1532 acres; New TPO roof installed in 2024
