Updated Fourplex Investment
3847 Blaine Avenue St Louis, MO 63110
3847 Blaine Avenue St, Louis, MO, 63110
$550,000
For Sale
$550,000
MULTI_FAMILY - Other - St Louis, MO
Property Size4,180 SF
Lot Size0.15 Acres
Price / SF$131.58
Days on Market8
Property Features for 3847 Blaine Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 4, Bathroom 4, Basement, Bathroom 3, Bedroom 2, Bedroom 3
- Window features
- Blinds
- Interior features
- Eat-in Kitchen, Historic Millwork, Kitchen Island, Stone Counters
- Exterior features
- Balcony
- Fireplace
- 1
- Basement
- Storage Space, Unfinished
- 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 agency
Epique Realty
(888) 893-3537
Listed by
Todd Murray · License #2020041827
(816) 522-4531
Added: Jul 15 Updated: Jul 22 at 9:48AM Checked: Jul 22 at 4:06PM
MLS# 26045155
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 building offers an income-producing layout with a total of four units. Public remarks indicate three units are currently rented, including two annual tenants and one short-term tenant. Unit interiors feature original wood floors and historic millwork alongside modernized kitchens with granite countertops and updated appliances, as well as remodeled bathrooms and updated flooring and vinyl windows. Additional building items noted include PVC plumbing stacks, HVAC, and laundry hook-ups.
The property is located on a quiet dead-end street and includes a gated yard. It is described as being just steps from Saint Louis University Medical School and SLU Hospital, and near Cardinal Glennon Children’s Hospital, with proximity to the Shaw neighborhood.
Exterior improvements mentioned include updated front decks and a durable TPO roof.
The property is located on a quiet dead-end street and includes a gated yard. It is described as being just steps from Saint Louis University Medical School and SLU Hospital, and near Cardinal Glennon Children’s Hospital, with proximity to the Shaw neighborhood.
Exterior improvements mentioned include updated front decks and a durable TPO roof.
Key Highlights
- Updated 4‑family brick and stone building built in 1907
- 3 units currently rented, including 2 annual tenants and 1 short‑term tenant
- 1‑bedroom units feature original wood floors and historic millwork plus modern kitchen updates
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.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Updated four-family property with a gated yard and newer exterior improvements, with three units currently rented.
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 brick and stone building built in 1907; 3 units currently rented, including 2 annual tenants and 1 short‑term tenant; 1‑bedroom units feature original wood floors and historic millwork plus modern kitchen updates
