3956 Pennsylvania Avenue St, Louis, MO 63118
MULTI_FAMILY - Other - St Louis, MO
- Added:
- May 26, 2026
- Days on Market:
- 42
- Last Refresh:
- Jul 6 at 1:06 pm
Property Features for 3956 Pennsylvania Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 7, Bedroom 4, Bedroom 3, Bedroom 8, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 6, Basement, Bathroom 4, Bedroom 5, Bathroom 2, Bathroom 3
- Basement
- Unfinished
- Appliances
- Stainless Steel Appliance(s)
- Standard status
- Active
- APN
- 2570-00-0005-0
- Size
- 2,886 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 671
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1927
- Number of units
- 4
- Building materials
- Brick
- Architectural style
- Other
Listing agent Anthony Schreiber License #2023017404 (913) 908-8001
Listing office EXP Realty, LLC 3636 S Geyer Rd Ste 100, Overland Park, MO (866) 224-1761
Listing date May 26, 2026
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
- Fully renovated 4‑unit brick building with 2 bed/1 bath layouts throughout
- All major systems replaced in 2024‑2025: plumbing, electrical, HVAC, windows, and water heaters
- Roof repaired in 2024
- Three units currently leased at $995/month; one unit will be vacating prior to closing
- Each unit features luxury vinyl plank flooring, updated kitchens with butcher block countertops, and stainless steel appliances
- Bathrooms include tile floors and tile shower surrounds; basement included
Overview
Located at 3956 Pennsylvania Avenue in St. Louis, MO 63118 (St. Louis City), the property is currently operating with three units leased at $995 per month. Per the listing, one tenant will be vacating prior to closing, creating an opportunity for an owner-occupant to move into a unit while maintaining rental income from the remaining three.
With the bulk of capital improvements already completed, the building is well-suited to buyers seeking a low-maintenance owner-occupant setup or a buy-and-hold strategy. The listing also notes that comparable 2-bedroom units in the area rent for approximately $1,100 to $1,200+, which may support achievable rent expectations as leases renew.
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 | $46.8k | $16.20 |
| − Vacancy | −$2.7k | −$0.92 |
| EGI | $44.1k | $15.28 |
| − OpEx | −$13.2k | −$4.58 |
| NOI | $30.9k | $10.69 |
Alternative Uses
Current Use by Public Records
Map
- City
- Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.235423
- Latitude
- 38.583656
