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Updated Quadplex with Gated Yard

3847 Blaine Avenue St Louis, MO 63110

3847 Blaine Avenue St, Louis, MO, 63110
$550,000
For Sale
Claim this Listing
$550,000

MULTI_FAMILY - Other - St Louis, MO

Property Size4,180 SF
Lot Size0.15 Acres
Price / SF$131.58
AddedMay 28
Days on Market50
Last RefreshJul 16 at 1:06 pm

Property Features for 3847 Blaine Avenue St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 3, Basement, Bathroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 4
Window features
Blinds
Interior features
Eat-in Kitchen, Historic Millwork, Kitchen Island, Stone Counters
Exterior features
Balcony
Fireplace
1
Basement
Unfinished, Storage Space
Appliances
Stainless Steel Appliance(s)
Standard status
Active
APN
4956-00-0390-0
Size
4,180 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
4194

Utilities

Utilities
Cable Available
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1907
Flooring type
Wood
Building materials
Brick, Stone
Roof type
Flat
Architectural style
Other

Listing agent Todd Murray License #2020041827

Listing office Epique Realty 16225 Park Ten Place Ste 500, St Louis, MO

Listing date May 28, 2026

MLS# 26032940 Listing URL

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 updated four-family (quadplex) offers four one-bedroom units with original wood floors and historic millwork paired with modernized finishes. Interiors include modern kitchens with granite countertops and updated appliances, remodeled bathrooms, updated flooring, and vinyl windows. The property also features newer exterior improvements such as updated front decks and a durable TPO roof. Additional building systems and conveniences include PVC plumbing stacks, HVAC, and in-unit laundry hook-ups.

Located at 3847 Blaine Avenue in St. Louis, the building sits on a quiet dead-end street with a gated yard. It is positioned just steps from Saint Louis University Medical School and SLU Hospital, and near Cardinal Glennon Children’s Hospital, with proximity to the Shaw neighborhood.

As of the current information, three units are rented, with two annual tenants and one short-term rental in place. The configuration and recent updates support a range of ownership objectives, whether you’re looking for a turnkey income strategy or an owner-occupant setup that can offset housing costs through rental income. Buyers and brokers should confirm current lease terms and unit availability during due diligence.

Key Highlights

  • Updated 4‑family building built in 1907 in the Tiffany neighborhood
  • 3 units currently rented (2 annual tenants and 1 short‑term)
  • 1‑bedroom units with original wood floors and historic millwork plus updated kitchens with granite/stone counters and stainless steel appliances

Local Financial Insights For Multifamily LT 5

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 $67.7k $16.20
− Vacancy −$3.9k −$0.92
EGI $63.9k $15.28
− OpEx −$19.2k −$4.58
NOI $44.7k $10.69
4,180 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$638.6K
$558.7K – $745.0K (±1% cap)
NOI $44,699 @ 7.0% cap · market cap 8.13%
Second Best
Apartment 5plus
$555.7K
$486.2K – $648.3K (±1% cap)
NOI $38,899 @ 7.0% cap · market cap 7.07%
Theoretical Best
Office A
$897.1K
$785.0K – $1.05M (±1% cap)
NOI $62,797 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

FAQs

What type of property is this?
Quadplex - Four one-bedroom units with renovated interiors and newer exterior improvements, including a TPO roof and laundry hook-ups.
Where is this quadplex located?
The property is located at 3847 Blaine Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Updated 4‑family building built in 1907 in the Tiffany neighborhood; 3 units currently rented (2 annual tenants and 1 short‑term); 1‑bedroom units with original wood floors and historic millwork plus updated kitchens with granite/stone counters and stainless steel appliances
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