Renovated Duplex with Private
New
For Sale
$280,000
3929 Pennsylvania Avenue, Saint Louis, MO 63118
Residential Income, St Louis, MO
Property Size2,346 SF
Lot Size0.09 Acres
Price / SF$119.35
Days on Market6
Property Features for 3929 Pennsylvania Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Basement, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3
Parking features
Alley, Off Street
Window features
Double Pane Windows
Patio and Porch features
Porch
Interior features
Eat-in Kitchen, Entrance Foyer, Laminate Counters, Shower, Tub
Exterior features
Private Yard
Fencing
Fenced, Privacy
Basement
Unfinished, Block, Walk-Out Access
Appliances
Stainless Steel Appliance(s), Dishwasher, Microwave, Free-Standing Electric Oven, Free-Standing Refrigerator
Subdivision
Hemmelman Add
Lot features
Back Yard, City Lot, Level, Rectangular Lot
Elementary school
Meramec Elem.
Middle school
Fanning Middle Community Ed.
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
2571-00-0260-0
Size
2,346 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1015
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public
Amenities
off-street parking
fully fenced back yard
laundry area
stainless steel appliances
Building Details
Year built
1911
Floors in Building
2
Number of units
2
Flooring type
Tile - Ceramic, Vinyl
Building materials
Brick
Roof type
Membrane
Architectural style
Other
Buildings
1
Listing Agency:
Berkshire Hathaway HomeServices Select Properties
(314) 714-1100
Listed By:
Rodney Wallner · License #2009035711
(314) 250-5050
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 29 at 6:06PM
MLS# 26068225
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.
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Investment Insights
Based on property information with market context.
This 2,346-square-foot brick duplex, built in 1911, contains two units with matching two-bedroom, one-bathroom layouts. Renovations completed within the past year include new plumbing and electrical wiring, a 200-amp panel, two water heaters, a new roof, and separate new HVAC systems. Each kitchen has new stainless steel appliances. Vinyl plank flooring runs throughout, and the upstairs bedrooms have walk-in closets.
An unfinished basement provides laundry space for each unit. The 0.0875-acre property also includes rear off-street parking and a fenced backyard.
An unfinished basement provides laundry space for each unit. The 0.0875-acre property also includes rear off-street parking and a fenced backyard.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 2,346 square feet on a 0.0875‑acre lot
- Renovations completed within the past year include new plumbing, wiring, roof, water heaters, and HVAC systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,087
Cap Rate
8.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,740
$501.7K
Cap Rate 7%
$358,386
$358.4K
Cap Rate 9%
$278,744
$278.7K
Market Conditions
NOI Build-Up for 2,346 SF
Gross rent
$38.0K $16.20/SF
− Vacancy
−$2.2K −$0.92/SF
EGI
$35.8K $15.28/SF
− OpEx
−$10.8K −$4.58/SF
NOI
$25.1K $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%
$501,740
Cap Rate 7%
$358,386
Cap Rate 9%
$278,744
Alternative Uses
Best Use
Multifamily LT 5
$358.4K
$313.6K – $418.1K
NOI $25,087 @ 7.0% cap · market cap 8.96%
Second Best
Apartment 5plus
$311.9K
$272.9K – $363.9K
NOI $21,832 @ 7.0% cap · market cap 7.80%
Theoretical Best
Office A
$503.5K
$440.6K – $587.4K
NOI $35,245 @ 7.0% cap · market cap 12.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
971
Businesses Nearby
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Business Placement
Demographics for 63118, MO
25,194
Population
14,770
Households
1.7
Avg Household Size
34
Median Age
38%
College-Educated
87%
High-School Grad
3.4 sq mi
ZIP Area
7,410
Density / Sq Mi
$57,268
Median Household Income
$44,717
Median Earnings
$952
Median Rent
$210,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both units offer two bedrooms, one bathroom, and updated kitchens with stainless steel appliances.
Where is this duplex located?
The property is located at 3929 Pennsylvania Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 2,346 square feet on a 0.0875‑acre lot; Renovations completed within the past year include new plumbing, wiring, roof, water heaters, and HVAC systems
