4048 Giles Avenue St, Louis, MO 63116
5 Family or More, Apartment Style - St Louis, MO
- Added:
- Jun 17, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 20 at 6:06 pm
Property Features for 4048 Giles Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Garage
- Basement Y/N
- 1
- Standard status
- Active
- APN
- 2587-00-0550-0
- Size
- 5,282 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3178
Utilities
- Heating system
- Forced Air
- Cooling system
- Ceiling Fan(s), Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1928
- Floors in Building
- 2
- Number of units
- 8
- Building materials
- Brick, Brick Veneer
- Architectural style
- Other
Listing agent Tyler Schwartz License #2023045052 (636) 633-9432
Listing office Realty Exchange 2203 S Big Bend Blvd Ste 100, St. Louis, MO (314) 647-2220
Listing date Jun 17, 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
- 8‑unit multifamily property in St. Louis South City submarket (true 1 bed / 1 bath unit mix)
- Entire building equipped with new furnaces installed in May 2026
- Electrical services upgraded in May 2026
- Two units feature extensive renovations and central air
- Attached four‑car garage with dedicated parking spaces; garage and parking rental potential
- Basement available; brick/brick veneer construction; forced‑air heating
Overview
The building includes an attached four-car garage with dedicated parking spaces. New ownership may be able to generate additional revenue by renting the garage and parking spaces, supplementing income beyond apartment rents.
With a consistent one-bedroom unit mix and upgrades focused on core building systems and select interior improvements, this property can fit investors or operators seeking a small, manageable residential income asset with an established layout and practical on-site parking. The recent furnace installation and electrical upgrades are designed to reduce near-term maintenance concerns while supporting the building’s day-to-day reliability.
Local Financial Insights For Apartment 5plus
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 | $95.1k | $18.00 |
| − Vacancy | −$5.7k | −$1.08 |
| EGI | $89.4k | $16.92 |
| − OpEx | −$40.2k | −$7.61 |
| NOI | $49.2k | $9.31 |
Alternative Uses
Current Use by Public Records
Map
- City
- Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.247961
- Latitude
- 38.583924
