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Duplex with Updated Kitchens
New
For Sale
$165,000

4028 S Spring Ave, Saint Louis, MO 63116

One apartment is leased, while the second is vacant and has an occupancy permit to be provided by the seller.

Property Size1,824 SF
Price / SF$90.46
Days on Market2

Property Features for 4028 S Spring Ave

General Information

Standard status Active
Size 1,824 SF
Property subtype Multi-Family

Additional Details

Gross Income $10,800
Multifamily Units 2

Building Details

Year Built 1927
Listing Agency: Mogul Realty
Listed By: Brian Miller · License #2016012615
Source: Nations-network
Added: Oct 4 Last Checked: Oct 4 at 2:19PM

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 Mogul Realty

Investment Insights

Based on property information with market context.

Built in 1927, this 1,824-square-foot duplex has two apartments, with the first-floor unit occupied and the upper unit vacant. The seller will provide an occupancy permit for the vacant apartment. Improvements include refreshed kitchens, LVP flooring in the kitchens and bathrooms, a replacement sewer lateral inside the building, and two new electrical panels.

The vacant unit leaves the next owner to occupy it or seek a tenant. The occupied first-floor apartment provides existing rental income. The property is located at 4028 S Spring Ave in St. Louis, Missouri.

Key Highlights

  • Two‑unit property with one occupied apartment and one vacant unit
  • 1,824 square feet; built in 1927
  • Updated kitchens and LVP flooring in kitchens and bathrooms

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Parking Lot & Garage Spa & Massage Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

803
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - One apartment is leased, while the second is vacant and has an occupancy permit to be provided by the seller.
Where is this duplex located?
The property is located at 4028 S Spring Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Two‑unit property with one occupied apartment and one vacant unit; 1,824 square feet; built in 1927; Updated kitchens and LVP flooring in kitchens and bathrooms
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