Brick Duplex for
4033 Fair Ave, Saint Louis, MO 63115
For Sale
Contact for pricing
The two-story property needs full renovation after fire and smoke damage.
Property Size2,652 SF
Price / SF$5.62
Days on Market10
Property Features for 4033 Fair Ave
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Building Details
Year Built
Stories
Construction
Listing Agency:
Realty Of America, LLC
Listed By:
DRG - Delhougne Realty Group
(636) 238-3830
Source:
Drgstl
Added: Nov 4
Changed: Nov 12
Last Checked: Nov 12 at 7:10AM
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 Realty Of America, LLC
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Investment Insights
Based on property information with market context.
Built in 1915, this 2,652-square-foot duplex is a two-story brick structure in St. Louis. Fire and smoke damage have left the building in need of complete rehabilitation, and it is currently condemned. Interior entry is prohibited.
The property is offered in its present condition without seller repairs, inspections, or warranties. It faces Fairground Park.
The property is offered in its present condition without seller repairs, inspections, or warranties. It faces Fairground Park.
Key Highlights
- 2,652‑square‑foot duplex
- Two‑story brick construction, built in 1915
- Fire and smoke damage; complete rehabilitation required
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,680
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,600
$493.6K
Cap Rate 7%
$352,571
$352.6K
Cap Rate 9%
$274,222
$274.2K
Market Conditions
NOI Build-Up for 2,652 SF
Gross rent
$47.7K $18.00/SF
− Vacancy
−$2.9K −$1.08/SF
EGI
$44.9K $16.92/SF
− OpEx
−$20.2K −$7.61/SF
NOI
$24.7K $9.31/SF
Area
St. Louis County, MO
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,600
Cap Rate 7%
$352,571
Cap Rate 9%
$274,222
Alternative Uses
Best Use
Multifamily LT 5
$405.1K
$354.5K – $472.7K
NOI $28,359 @ 7.0% cap
Second Best
Apartment 5plus
$352.6K
$308.5K – $411.3K
NOI $24,680 @ 7.0% cap
Theoretical Best
Office A
$569.2K
$498.0K – $664.0K
NOI $39,842 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
369
Businesses Nearby
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Business Placement
Demographics for 63115, MO
16,056
Population
10,208
Households
1.6
Avg Household Size
42
Median Age
14%
College-Educated
85%
High-School Grad
4.3 sq mi
ZIP Area
3,734
Density / Sq Mi
$31,898
Median Household Income
$31,467
Median Earnings
$928
Median Rent
$61,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - The two-story property needs full renovation after fire and smoke damage.
Where is this duplex located?
The property is located at 4033 Fair Ave Saint Louis, MO.
What are key features of this property?
This property features: 2,652‑square‑foot duplex; Two‑story brick construction, built in 1915; Fire and smoke damage; complete rehabilitation required
