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8-Unit Apartment Building
For Sale
$475,000

4048 Giles Avenue, Saint Louis, MO 63116

The eight apartments are all one-bedroom, one-bathroom units, with central air conditioning in two renovated residences.

Property Size5,282 SF
Price / SF$89.93
Days on Market138

Property Features for 4048 Giles Avenue

General Information

Standard status Active
Size 5,282 SF
Total Parking Spaces 4
Property subtype 5 Family or More

Units

Unit Mix 8 x 1BR/1BA
Multifamily Units 8

Taxes and HOA fees

Annual Taxes $3,178

Building Details

Building Size 5,282 SF
Year Built 1928
Listing Agency: Realty Exchange
Listed By: Tyler Schwartz · License #2023045052
Source: Janetmcafee
Added: Jun 17 Changed: Oct 29 Last Checked: Oct 30 at 12:22PM

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 Exchange

Rey
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Investment Insights

Based on property information with market context.

This 5,282-square-foot apartment property contains eight one-bedroom, one-bathroom units. Two apartments have been renovated and include central air conditioning. Eight furnaces were installed in May 2026, and the electrical service was upgraded that month. The building dates to 1928.

Located at 4048 Giles Avenue in St. Louis, the property includes an attached four-car garage with dedicated parking spaces.

Key Highlights

  • Eight 1‑bedroom, 1‑bathroom apartments
  • 5,282‑square‑foot building constructed in 1928
  • Two renovated units feature central air conditioning

Property Analytics

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Lease Details

8
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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The eight apartments are all one-bedroom, one-bathroom units, with central air conditioning in two renovated residences.
Where is this apartment building located?
The property is located at 4048 Giles Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Eight 1‑bedroom, 1‑bathroom apartments; 5,282‑square‑foot building constructed in 1928; Two renovated units feature central air conditioning
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