415 Fassen Street St, Louis, MO 63111
2-4 Units, Apartment Style - St Louis, MO
- Added:
- Jun 29, 2026
- Days on Market:
- 8
- Last Refresh:
- Jul 6 at 10:06 pm
Property Features for 415 Fassen Street St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Basement Y/N
- 1
- Standard status
- Active
- APN
- 2837-00-0100-0
- Size
- 1,862 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1618
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1914
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Other
Listing agent Jennifer Wilson License #2019013461 (314) 225-1527
Listing office EXP Realty, LLC 3636 S Geyer Rd Ste 100, Overland Park, MO (866) 224-1761
Listing date Jun 29, 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
- 2‑family property built in 1914 with brick construction and forced‑air heating
- Two 1‑bedroom, 1‑bath units; both currently leased
- Central air cooling
- Includes a detached garage and on‑street parking
- Basement present
Overview
The property is located in St. Louis City at 415 Fassen Street, within reach of neighborhood amenities and everyday conveniences. Public remarks indicate proximity to shopping, restaurants, parks, public transportation, and major highways, supporting convenient access for tenants.
For buyers seeking a straightforward multi-unit setup, this two-unit configuration offers a simple ownership structure with fully leased residential space at the time of sale. The presence of a detached garage can be particularly appealing for tenant parking needs or day-to-day storage, depending on how the property is managed. Overall, the asset presents a compact residential income option in South City with existing tenancy and an added garage feature.
Local 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 | $30.2k | $16.20 |
| − Vacancy | −$1.7k | −$0.92 |
| EGI | $28.4k | $15.28 |
| − OpEx | −$8.5k | −$4.58 |
| NOI | $19.9k | $10.69 |
Alternative Uses
Current Use by Public Records
Map
- City
- Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.24468
- Latitude
- 38.564855
