Brick Duplex with
For Sale
$285,000
3915 Miami St, Saint Louis, MO 63116
Both vacant residences have enclosed sunrooms, and passing occupancy inspection reports are available.
Property Size2,304 SF
Price / SF$123.70
Days on Market38
Property Features for 3915 Miami St
General Information
Standard status
Active
Size
2,304 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$2,668
Building Details
Buildings
1
Listing Agency:
Fathom Realty-St. Louis
(888) 455-6040
Listed By:
Lori Hays · License #2017037122
(314) 858-6034
Source:
Exprealty
Added: Aug 29
Changed: Oct 4
Last Checked: Oct 4 at 1:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fathom Realty-St. Louis
Investment Insights
Based on property information with market context.
This 2,304-square-foot brick duplex contains two vacant apartments, each with two bedrooms, one bathroom, and an enclosed sunroom. The property has been updated, and passing occupancy inspection reports are available. The sunrooms add enclosed space to both residences.
The building is near Tower Grove Park, neighborhood restaurants and shops, public transportation, and major commuter routes in Saint Louis.
The building is near Tower Grove Park, neighborhood restaurants and shops, public transportation, and major commuter routes in Saint Louis.
Key Highlights
- Two apartments, each with 2 bedrooms and 1 bathroom
- 2,304 square feet in a brick duplex
- Enclosed sunroom in each apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,638
Cap Rate
8.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$492,760
$492.8K
Cap Rate 7%
$351,971
$352.0K
Cap Rate 9%
$273,756
$273.8K
Market Conditions
NOI Build-Up for 2,304 SF
Gross rent
$37.3K $16.20/SF
− Vacancy
−$2.1K −$0.92/SF
EGI
$35.2K $15.28/SF
− OpEx
−$10.6K −$4.58/SF
NOI
$24.6K $10.69/SF
Area
St. Louis County, MO
Vacancy
5.70%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$492,760
Cap Rate 7%
$351,971
Cap Rate 9%
$273,756
Alternative Uses
Best Use
Multifamily LT 5
$352.0K
$308.0K – $410.6K
NOI $24,638 @ 7.0% cap · market cap 8.64%
Second Best
Apartment 5plus
$306.3K
$268.0K – $357.4K
NOI $21,441 @ 7.0% cap · market cap 7.52%
Theoretical Best
Office A
$494.5K
$432.7K – $576.9K
NOI $34,614 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
975
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Both vacant residences have enclosed sunrooms, and passing occupancy inspection reports are available.
Where is this duplex located?
The property is located at 3915 Miami St Saint Louis, MO.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; 2,304 square feet in a brick duplex; Enclosed sunroom in each apartment
