Brick Duplex with Large
For Sale
Contact for pricing
4048 Shreve Avenue, Saint Louis, MO 63115
Residential Income, St Louis, MO
Property Size2,328 SF
Lot Size0.10 Acres
Price / SF$12.84
Days on Market37
Property Features for 4048 Shreve Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Basement
Full
Subdivision
Mueller Son Add
Elementary school
Bryan Hill Elem.
Middle school
Fanning Middle Community Ed.
High school
Vashon High
Elementary school district
St. Louis City
Middle school district
St. Louis City
High school district
St. Louis City
Standard status
Active
APN
4405-02-0240-0
Size
2,328 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
327
Building Details
Year built
1925
Building materials
Brick
Architectural style
Other
Listing Agency:
Keller Williams Chesterfield · Keller Williams Realty
(636) 534-8100
Listed By:
Toyin Oduwole · License #2011007448
(314) 258-5771
Added: Sep 11
Changed: Oct 13
Last Checked: Oct 17 at 6:06AM
MLS# 26058495
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.
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Investment Insights
Based on property information with market context.
This 1925 brick duplex at 4048 Shreve Avenue contains 2,328 square feet and is arranged as two one-bedroom units. Each unit includes a formal living room, dining room, and spacious bedroom. The kitchens provide enough room for dining within the kitchen area, creating a practical layout for occupants. A basement is also included in the property configuration.
The property sits in North St. Louis City, Missouri, within ZIP Code 63115. The lot measures 0.0964 acres, offering a compact residential income property with established brick construction and a two-unit layout.
The property sits in North St. Louis City, Missouri, within ZIP Code 63115. The lot measures 0.0964 acres, offering a compact residential income property with established brick construction and a two-unit layout.
Key Highlights
- Two‑unit duplex configuration
- 2,328 square feet
- Two one‑bedroom units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,664
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,280
$433.3K
Cap Rate 7%
$309,486
$309.5K
Cap Rate 9%
$240,711
$240.7K
Market Conditions
NOI Build-Up for 2,328 SF
Gross rent
$41.9K $18.00/SF
− Vacancy
−$2.5K −$1.08/SF
EGI
$39.4K $16.92/SF
− OpEx
−$17.7K −$7.61/SF
NOI
$21.7K $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%
$433,280
Cap Rate 7%
$309,486
Cap Rate 9%
$240,711
Alternative Uses
Best Use
Multifamily LT 5
$355.6K
$311.2K – $414.9K
NOI $24,895 @ 7.0% cap · market cap 83.26%
Second Best
Apartment 5plus
$309.5K
$270.8K – $361.1K
NOI $21,664 @ 7.0% cap · market cap 72.45%
Theoretical Best
Office A
$499.6K
$437.2K – $582.9K
NOI $34,974 @ 7.0% cap · market cap 116.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
421
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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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom units offer formal living and dining rooms with generously sized kitchens.
Where is this duplex located?
The property is located at 4048 Shreve Avenue Saint Louis, MO.
What are key features of this property?
This property features: Two‑unit duplex configuration; 2,328 square feet; Two one‑bedroom units
