Updated Two-Family
New
For Sale
$259,900
3954 Potomac Street, Saint Louis, MO 63116
Residential Income, St Louis, MO
Property Size1,824 SF
Lot Size0.08 Acres
Price / SF$142.49
Days on Market3
Property Features for 3954 Potomac Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1
Parking features
Off Street
Window features
Insulated Windows, Blinds
Patio and Porch features
Porch
Interior features
Eat-in Kitchen, Granite Counters, Stone Counters, Storage
Fencing
Chain Link, Fenced
Basement
Unfinished, Full
Appliances
Stainless Steel Appliance(s), Microwave, Electric Range, Refrigerator
Subdivision
L B Russells 02
Elementary school
Mann Elem.
Middle school
Long Middle Community Ed. Center
High school
Roosevelt High
Elementary school district
St. Louis City
Middle school district
St. Louis City
High school district
St. Louis City
Standard status
Active
APN
4129-00-0050-0
Size
1,824 SF
Lot size
0.08 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1944
Utilities
Heating system
Forced Air
Cooling system
Ceiling Fan(s), Central Air
Amenities
basement storage and laundry
covered front porch
off-street parking pad
Building Details
Year built
1925
Floors in Building
2
Number of units
2
Flooring type
Tile - Ceramic, Wood
Building materials
Brick
Roof type
Flat
Architectural style
Other
Additional Structures
Storage
Listing Agency:
EXP Realty, LLC
(866) 224-1761
Listed By:
Christina Patton
(314) 203-4802
Added: Oct 30
Changed: Oct 31
Last Checked: Nov 1 at 9:06PM
MLS# 26067603
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.
Built in 1925, this brick duplex contains 1,824 square feet on a 0.0826-acre lot. The ground-floor apartment has one bedroom and one bath; the upper apartment offers two bedrooms and one bath. The main-level unit is currently rented. Interior details include wood floors and stained glass, while both kitchens and baths have been updated. Kitchen finishes include white cabinets, granite counters, subway tile and stainless steel appliances.
Basement storage and laundry, newer windows, a covered front porch and an off-street parking pad round out the property. The address is 3954 Potomac Street in St. Louis, near Tower Grove Park and the restaurants, cafes and businesses along South Grand and Morgan Ford.
Basement storage and laundry, newer windows, a covered front porch and an off-street parking pad round out the property. The address is 3954 Potomac Street in St. Louis, near Tower Grove Park and the restaurants, cafes and businesses along South Grand and Morgan Ford.
Key Highlights
- Two apartments: a one‑bedroom, one‑bath ground‑floor unit and a two‑bedroom, one‑bath upper unit
- 1,824 square feet on a 0.0826‑acre lot
- Main‑floor apartment is currently rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,505
Cap Rate
7.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$390,100
$390.1K
Cap Rate 7%
$278,643
$278.6K
Cap Rate 9%
$216,722
$216.7K
Market Conditions
NOI Build-Up for 1,824 SF
Gross rent
$29.5K $16.20/SF
− Vacancy
−$1.7K −$0.92/SF
EGI
$27.9K $15.28/SF
− OpEx
−$8.4K −$4.58/SF
NOI
$19.5K $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%
$390,100
Cap Rate 7%
$278,643
Cap Rate 9%
$216,722
Alternative Uses
Best Use
Multifamily LT 5
$278.6K
$243.8K – $325.1K
NOI $19,505 @ 7.0% cap · market cap 7.50%
Second Best
Apartment 5plus
$242.5K
$212.2K – $282.9K
NOI $16,974 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$391.5K
$342.5K – $456.7K
NOI $27,402 @ 7.0% cap · market cap 10.54%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
975
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate apartment layouts pair established occupancy with updated kitchens and baths.
Where is this duplex located?
The property is located at 3954 Potomac Street Saint Louis, MO.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Two apartments: a one‑bedroom, one‑bath ground‑floor unit and a two‑bedroom, one‑bath upper unit; 1,824 square feet on a 0.0826‑acre lot; Main‑floor apartment is currently rented
