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Brick Quadplex with Fireplaces
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4149 Labadie Avenue, Saint Louis, MO 63115

Residential Income, St Louis, MO

Property Size4,500 SF
Lot Size0.21 Acres
Price / SF$5.53
Days on Market87

Property Features for 4149 Labadie Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Fireplace 1
Basement Full
Subdivision Choteau Place
Elementary school Ashland Elem. and Br.
Middle school Yeatman-Liddell Middle School
High school Beaumont Cte High School
Elementary school district St. Louis City
Middle school district St. Louis City
High school district St. Louis City
Special listing conditions Real Estate Owned, In Foreclosure
Standard status Active Under Contract
APN 3623-00-0580-0
Size 4,500 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 333

Utilities

Water source Public

Amenities

Fireplaces
Pocket Doors
Covered front porch
Rear deck
Off street Parking Pad

Building Details

Year built 1910
Number of units 4
Building materials Brick
Architectural style Other
Listing Agency: Hilbert Nation Realty
Listed By: Bret Hilbert · License #2002027154
Added: Jul 22 Changed: Oct 16 Last Checked: Oct 16 at 1:06PM
MLS# 26038762

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 four-unit apartment property contains 4,500 square feet and was built in 1910 with brick construction. Each residence is configured with one bedroom and one bathroom. Interior features include fireplaces and pocket doors, while the building also offers a covered front porch and rear deck. A basement is included in the property.

The site encompasses 0.2071 acres in St Louis, Missouri, at 4149 Labadie Avenue. Residents have access to an off-street parking pad reached from the alley, and the property is served by public water. Entry is currently restricted because the building is not considered safe for access. The property is offered in its present as-is condition, with the seller declining to complete repairs requested by a buyer or lender.

Key Highlights

  • Four‑unit apartment building with 1 bedroom and 1 bath in each unit
  • 4,500 square feet on 0.2071 acres
  • Brick construction completed in 1910

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,877
Suggested Prices Based on Cap Rates
Cap Rate 5%
$837,540 $837.5K
Cap Rate 7%
$598,243 $598.2K
Cap Rate 9%
$465,300 $465.3K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$81.0K $18.00/SF
− Vacancy
−$4.9K −$1.08/SF
EGI
$76.1K $16.92/SF
− OpEx
−$34.3K −$7.61/SF
NOI
$41.9K $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%
$837,540
Cap Rate 7%
$598,243
Cap Rate 9%
$465,300

Alternative Uses

Best Use
Multifamily LT 5
$687.4K
$601.5K – $802.0K (±1% cap)
NOI $48,121 @ 7.0% cap · market cap 193.26%
Second Best
Apartment 5plus
$598.2K
$523.5K – $698.0K (±1% cap)
NOI $41,877 @ 7.0% cap · market cap 168.18%
Theoretical Best
Office A
$965.8K
$845.1K – $1.13M (±1% cap)
NOI $67,605 @ 7.0% cap · market cap 271.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Electrical Service Pharmacy (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

687
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Each apartment includes one bedroom, one bath, and access to shared exterior features.
Where is this quadplex located?
The property is located at 4149 Labadie Avenue Saint Louis, MO.
What are key features of this property?
This property features: Four‑unit apartment building with 1 bedroom and 1 bath in each unit; 4,500 square feet on 0.2071 acres; Brick construction completed in 1910
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