Two-Unit
4019 Maffitt Avenue, Saint Louis, MO 63113
For Sale
$260,000
Each residence offers two bedrooms and one bathroom, with furniture included in the sale.
Property Size1,634 SF
Price / SF$159.12
Days on Market75
Property Features for 4019 Maffitt Avenue
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Furnished
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Axen Realty, LLC
(615) 840-5653
Listed By:
Daijah Polk
(314) 475-4305
Source:
Flowershomerealty
Added: Aug 27
Changed: Nov 7
Last Checked: Nov 8 at 8:14PM
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 Axen Realty, LLC
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Investment Insights
Based on property information with market context.
This 1,634-square-foot duplex, built in 1929, contains two residences, each configured with two bedrooms and one bathroom. Existing furnishings are included in the sale.
The property has been used as a part-time residence and for Airbnb stays. Its two-unit layout supports consideration of residential rental use, subject to applicable due diligence.
The property has been used as a part-time residence and for Airbnb stays. Its two-unit layout supports consideration of residential rental use, subject to applicable due diligence.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,634 square feet; built in 1929
- Existing furniture is included in the sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,473
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,460
$349.5K
Cap Rate 7%
$249,614
$249.6K
Cap Rate 9%
$194,144
$194.1K
Market Conditions
NOI Build-Up for 1,634 SF
Gross rent
$26.5K $16.20/SF
− Vacancy
−$1.5K −$0.92/SF
EGI
$25.0K $15.28/SF
− OpEx
−$7.5K −$4.58/SF
NOI
$17.5K $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%
$349,460
Cap Rate 7%
$249,614
Cap Rate 9%
$194,144
Alternative Uses
Best Use
Multifamily LT 5
$249.6K
$218.4K – $291.2K
NOI $17,473 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$217.2K
$190.1K – $253.4K
NOI $15,206 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$350.7K
$306.9K – $409.1K
NOI $24,548 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
485
Businesses Nearby
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Business Placement
Demographics for 63113, MO
10,882
Population
7,400
Households
1.5
Avg Household Size
41
Median Age
17%
College-Educated
84%
High-School Grad
2.6 sq mi
ZIP Area
4,185
Density / Sq Mi
$38,647
Median Household Income
$29,648
Median Earnings
$914
Median Rent
$75,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Saint Louis, MO
Properties on Market for Duplexes in Saint Louis
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers two bedrooms and one bathroom, with furniture included in the sale.
Where is this duplex located?
The property is located at 4019 Maffitt Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,634 square feet; built in 1929; Existing furniture is included in the sale
