Four-Unit Brick Apartment
New
For Sale
$450,000
3683 Montana Street St, Louis, MO 63116
MULTI_FAMILY - Other - St Louis, MO
Property Size3,942 SF
Lot Size0.12 Acres
Price / SF$114.16
Days on Market5
Property Features for 3683 Montana Street St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Basement, Bedroom 8, Bathroom 3, Bedroom 3, Bedroom 7, Bathroom 4, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 6
Parking features
Driveway, Off Street
Interior features
Custom Cabinetry, Eat-in Kitchen
Basement
Full, Unfinished
Subdivision
Grand Meramec Park Add
Elementary school
Meramec Elem.
Middle school
Long Middle Community Ed. Center
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
2587-00-0530-0
Size
3,942 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
2282
Utilities
Utilities
Natural Gas Available
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
covered front porch
unfinished basement
Building Details
Year built
1925
Floors in Building
2
Number of units
4
Flooring type
Vinyl
Building materials
Brick
Architectural style
Other
Listing Agency:
RE/MAX Results · RE/MAX International
(314) 894-8775
Listed By:
Sarah Nguyen-Bani · License #2002004718
(314) 781-7777
Added: Jul 26
Changed: Jul 30
Last Checked: Jul 30 at 8:06PM
MLS# 26046609
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 like-new, fully updated four-unit brick apartment building offers spacious 2-bedroom, 1-full-bath units with open-concept living, dining, and kitchen layouts. Remodeling includes updated kitchens with ample cabinetry, generous counter space, modern appliances, and recessed lighting, along with refreshed bathrooms. New laminate flooring runs throughout each unit, complemented by exposed brick features and stained-glass windows. A clean, unfinished basement provides storage, and major mechanical systems are approximately five years old or newer.
Outside, the property features a covered front porch, a partially fenced yard, and a level concrete parking area with off-street parking for all units. Located in St. Louis City near Carondelet Park, schools, shopping, restaurants, and major highways.
Outside, the property features a covered front porch, a partially fenced yard, and a level concrete parking area with off-street parking for all units. Located in St. Louis City near Carondelet Park, schools, shopping, restaurants, and major highways.
Key Highlights
- 4‑family brick building built in 1925 with 2‑bedroom units and 1 full bath each
- Open‑concept living, dining, and kitchen layouts in each unit
- Remodeled kitchens with custom cabinetry, eat‑in kitchen setup, and recessed lighting
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 | $71.0k | $18.00 |
| − Vacancy | −$4.3k | −$1.08 |
| EGI | $66.7k | $16.92 |
| − OpEx | −$30.0k | −$7.61 |
| NOI | $36.7k | $9.31 |
3,942 SF · lease $18.00/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$602.2K
$526.9K – $702.6K
NOI $42,154 @ 7.0% cap · market cap 9.37%
Second Best
Apartment 5plus
$524.1K
$458.6K – $611.4K
NOI $36,684 @ 7.0% cap · market cap 8.15%
Theoretical Best
Office A
$846.0K
$740.3K – $987.0K
NOI $59,222 @ 7.0% cap · market cap 13.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
787
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Updated 4-unit brick building with 2-bedroom, 1-bath layouts, modernized interiors, and off-street parking for all units.
Where is this quadplex located?
The property is located at 3683 Montana Street St Louis, MO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 4‑family brick building built in 1925 with 2‑bedroom units and 1 full bath each; Open‑concept living, dining, and kitchen layouts in each unit; Remodeled kitchens with custom cabinetry, eat‑in kitchen setup, and recessed lighting
