Two-Unit Duplex with
For Sale
$330,000
4139 Alma Ave, Saint Louis, MO 63116
The first-floor apartment is vacant and has two bedrooms, while the upper apartment includes a sunroom.
Property Size2,184 SF
Price / SF$151.10
Days on Market9
Property Features for 4139 Alma Ave
General Information
Standard status
Active
Size
2,184 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,826
Amenities
patio
fireplaces
sunroom
Building Details
Stories
2
Listing Agency:
RedKey Realty Leaders Circa
(314) 352-5200
Listed By:
Jim Broderick
(314) 766-9750
Source:
Exprealty
Added: Oct 22
Changed: Oct 26
Last Checked: Oct 28 at 11:28AM
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 RedKey Realty Leaders Circa
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Investment Insights
Based on property information with market context.
This duplex contains two apartments: a first-floor unit with two bedrooms and one full bathroom, and an upper-floor unit with one bedroom, one full bathroom, and a sunroom. The lower apartment has an updated kitchen with appliances, hardwood floors, stained-glass windows, and newer windows. Hardwood flooring is also present upstairs. Interior details include fireplaces and original woodwork.
Updates include new roofs on the house and garage, garage siding, first-floor thermal windows, HVAC, boilers, plumbing stack, and electrical panels. A patio is also part of the property. The building is at 4139 Alma Ave in Saint Louis, a few blocks from Carondelet Park, a YMCA, restaurants, and shopping.
Updates include new roofs on the house and garage, garage siding, first-floor thermal windows, HVAC, boilers, plumbing stack, and electrical panels. A patio is also part of the property. The building is at 4139 Alma Ave in Saint Louis, a few blocks from Carondelet Park, a YMCA, restaurants, and shopping.
Key Highlights
- Two apartments: a two‑bedroom, one‑bathroom first‑floor unit and a one‑bedroom, one‑bathroom upper unit
- First‑floor apartment is vacant and has an updated kitchen with appliances
- Upper apartment includes a sunroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,355
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$467,100
$467.1K
Cap Rate 7%
$333,643
$333.6K
Cap Rate 9%
$259,500
$259.5K
Market Conditions
NOI Build-Up for 2,184 SF
Gross rent
$35.4K $16.20/SF
− Vacancy
−$2.0K −$0.92/SF
EGI
$33.4K $15.28/SF
− OpEx
−$10.0K −$4.58/SF
NOI
$23.4K $10.69/SF
Area
St. Louis County, MO
Vacancy
5.70%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$467,100
Cap Rate 7%
$333,643
Cap Rate 9%
$259,500
Alternative Uses
Best Use
Multifamily LT 5
$333.6K
$291.9K – $389.3K
NOI $23,355 @ 7.0% cap · market cap 7.08%
Second Best
Apartment 5plus
$290.3K
$254.1K – $338.7K
NOI $20,324 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$468.7K
$410.1K – $546.9K
NOI $32,811 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
342
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - The first-floor apartment is vacant and has two bedrooms, while the upper apartment includes a sunroom.
Where is this duplex located?
The property is located at 4139 Alma Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Two apartments: a two‑bedroom, one‑bathroom first‑floor unit and a one‑bedroom, one‑bathroom upper unit; First‑floor apartment is vacant and has an updated kitchen with appliances; Upper apartment includes a sunroom
