Rehabbed Quadplex With
For Sale
$725,000
4109 Lafayette Ave, Saint Louis, MO 63110
Four occupied units feature two bedrooms, two full bathrooms, in-unit laundry, and private outdoor space.
Property Size3,962 SF
Price / SF$182.99
Days on Market9
Property Features for 4109 Lafayette Ave
General Information
Standard status
Active
Size
3,962 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$288
Listing Agency:
The Hermann London Group LLC
(314) 276-4154
Listed By:
Nidhi Soni · License #2014008871
(314) 276-4154
Source:
Exprealty
Added: Jul 29
Changed: Aug 5
Last Checked: Aug 5 at 8:42AM
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 The Hermann London Group LLC
Investment Insights
Based on property information with market context.
This four-unit residential income property contains approximately 3,962 SF, with each unit measuring about 900 SF. The fully rehabbed building is 100% occupied, and every residence includes two bedrooms, two full bathrooms, a living room, kitchen, private laundry room, and balcony accessed from the bedroom. Basement storage adds supplemental space, while rear off-street parking accommodates four vehicles. Electrical panels and plumbing were replaced within the last 6–8 years.
The property is located at 4109 Lafayette Ave in Saint Louis, between the Shaw and The Grove areas. It is within walking distance of the WashU Medical Campus and near the Missouri Botanical Gardens and Tower Grove Park. One lease expires at the end of October, providing a near-term lease event for an owner occupant or another qualified purchaser.
The property is located at 4109 Lafayette Ave in Saint Louis, between the Shaw and The Grove areas. It is within walking distance of the WashU Medical Campus and near the Missouri Botanical Gardens and Tower Grove Park. One lease expires at the end of October, providing a near-term lease event for an owner occupant or another qualified purchaser.
Key Highlights
- Four‑unit building with 100% occupancy
- Each unit offers approximately 900 SF, two bedrooms, and two full bathrooms
- Private in‑unit laundry rooms and bedroom balconies in every residence
Financial Insights For Multifamily LT 5
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 | $64.2k | $16.20 |
| − Vacancy | −$3.7k | −$0.92 |
| EGI | $60.5k | $15.28 |
| − OpEx | −$18.2k | −$4.58 |
| NOI | $42.4k | $10.69 |
3,962 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$605.3K
$529.6K – $706.1K
NOI $42,368 @ 7.0% cap · market cap 5.84%
Second Best
Apartment 5plus
$526.7K
$460.9K – $614.5K
NOI $36,870 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$850.3K
$744.0K – $992.0K
NOI $59,522 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
744
Businesses Nearby
Explore this area
Business Placement
Demographics for 63110, MO
18,199
Population
10,260
Households
1.8
Avg Household Size
33
Median Age
64%
College-Educated
97%
High-School Grad
6.6 sq mi
ZIP Area
2,757
Density / Sq Mi
$73,809
Median Household Income
$55,340
Median Earnings
$1,183
Median Rent
$314,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four occupied units feature two bedrooms, two full bathrooms, in-unit laundry, and private outdoor space.
Where is this quadplex located?
The property is located at 4109 Lafayette Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Four‑unit building with 100% occupancy; Each unit offers approximately 900 SF, two bedrooms, and two full bathrooms; Private in‑unit laundry rooms and bedroom balconies in every residence
