Updated 4-Family Building in St.
3847 Blaine Avenue St, Louis, MO 63110
New
Historic, 2-4 Units - St Louis, MO
Property size:
4,180 SFLot size:
0.15 AcresPrice / SF:
$131/SF- Added:
- May 28, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 1 at 6:06 am
Property Features for 3847 Blaine Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Interior features
- Eat-in Kitchen, Historic Millwork, Kitchen Island, Stone Counters
- Exterior features
- Fencing, Balcony
- Fencing
- Fenced
- Fireplace
- 1
- Basement Y/N
- 1
- 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
- Heating system
- Fireplace(s), Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1907
- Flooring type
- Wood
- Building materials
- Brick, Stone
- Roof type
- Flat
- Architectural style
- Other
Listing agent Todd Murray License #2020041827 (314) 409-3320
Listing office Epique Realty 100 Chesterfield Pkwy 2nd Flr, St Louis, MO (888) 893-3537
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.
HighLights
- Prime Location: Steps from Saint Louis University Medical School, SLU Hospital, Cardinal Glennon Children’s Hospital, and the Shaw neighborhood.
- Updated Units: Modern kitchens with granite countertops and updated appliances, remodeled bathrooms, updated flooring, and vinyl windows.
- Strong Income Potential: Turnkey 4‑family building with 3 units currently rented (2 annual, 1 short‑term) offering impressive returns.
- Newer Exterior Improvements: Updated front decks and a durable TPO roof.
- Original Wood Floors and Historic Millwork: Blends historic charm with modern updates.
- Gated Yard on a Quiet Dead‑End Street: Provides security and privacy.
Overview
This updated 4-family building is located on a quiet dead-end street in the Tiffany Neighborhood. The property is situated near Saint Louis University Medical School, SLU Hospital, and Cardinal Glennon Children’s Hospital, as well as the Shaw neighborhood. It features a gated yard. The building contains 4 units. Each 1 bedroom unit includes original wood floors and historic millwork, along with modern kitchens featuring granite countertops and updated appliances, remodeled bathrooms, updated flooring, and vinyl windows. Newer exterior improvements include updated front decks and a durable TPO roof. The property also features PVC plumbing stacks, HVAC, and laundry hook-ups. Currently, 3 units are rented, with 2 annual tenants and 1 short-term tenant. The building is located near major medical campuses, restaurants, parks, and public transit. The lot size is 0.1469 acres, and the property size is 4180 square feet.
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
NOI $44,699 @ 7.0% cap · market cap 8.13%
Second Best
Apartment 5plus
$555.7K
$486.2K – $648.3K
NOI $38,899 @ 7.0% cap · market cap 7.07%
Theoretical Best
Office A
$897.1K
$785.0K – $1.05M
NOI $62,797 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Quadplexes
Map
- City
- Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.243762
- Latitude
- 38.619675
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Updated 4-unit building near medical campuses and vibrant neighborhood.
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: Prime Location: Steps from Saint Louis University Medical School, SLU Hospital, Cardinal Glennon Children’s Hospital, and the Shaw neighborhood.; Updated Units: Modern kitchens with granite countertops and updated appliances, remodeled bathrooms, updated flooring, and vinyl windows.; Strong Income Potential: Turnkey 4‑family building with 3 units currently rented (2 annual, 1 short‑term) offering impressive returns.
