Duplex with Private
For Sale
$599,900
4211-4213 Cleveland Avenue, Saint Louis, MO 63110
Two townhouse-style residences include separate basement areas, a fenced yard and parking for at least three vehicles.
Property Size2,920 SF
Price / SF$205.45
Days on Market17
Property Features for 4211-4213 Cleveland Avenue
General Information
Standard status
Active
Size
2,920 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$4,692
Amenities
fenced yard
private balconies
Building Details
Building Size
2,920 SF
Year Built
1905
Stories
2
Units
2
Listing Agency:
Coldwell Banker Realty - Gundaker
(314) 965-3030
Listed By:
Stephanie Morgan
(314) 313-5403
Source:
Finehomesbydawn
Added: Oct 14
Changed: Oct 25
Last Checked: Oct 29 at 8:38PM
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 Coldwell Banker Realty - Gundaker
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Investment Insights
Based on property information with market context.
This 2,920-square-foot duplex contains two side-by-side townhouse-style residences. Both main floors feature high ceilings, pocket doors, open stairwells and kitchens with islands, 42-inch cabinets, stainless steel appliances and quartz countertops. Each residence has a half bath on the main floor; the upper level includes three bedrooms, two full bathrooms and front and rear balconies. The basements are separated, and the property also has a fenced yard and parking for at least three vehicles.
One unit is vacant and the other is occupied. Building work includes a TPO roof installed in 2022, foundation repairs and basement sealing in 2022 and 2023, rebuilt front decks and tuckpointing in 2024, and electrical service replacement and sewer and plumbing upgrades in 2025. A high-efficiency gas furnace was installed in 2024. The property was built in 1905 and is located on Cleveland Avenue in St. Louis.
One unit is vacant and the other is occupied. Building work includes a TPO roof installed in 2022, foundation repairs and basement sealing in 2022 and 2023, rebuilt front decks and tuckpointing in 2024, and electrical service replacement and sewer and plumbing upgrades in 2025. A high-efficiency gas furnace was installed in 2024. The property was built in 1905 and is located on Cleveland Avenue in St. Louis.
Key Highlights
- Two side‑by‑side residences with separate basements
- 2,920 square feet; built in 1905
- Three bedrooms, two full bathrooms, a half bath and front and rear balconies in each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,225
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$624,500
$624.5K
Cap Rate 7%
$446,071
$446.1K
Cap Rate 9%
$346,944
$346.9K
Market Conditions
NOI Build-Up for 2,920 SF
Gross rent
$47.3K $16.20/SF
− Vacancy
−$2.7K −$0.92/SF
EGI
$44.6K $15.28/SF
− OpEx
−$13.4K −$4.58/SF
NOI
$31.2K $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%
$624,500
Cap Rate 7%
$446,071
Cap Rate 9%
$346,944
Alternative Uses
Best Use
Multifamily LT 5
$446.1K
$390.3K – $520.4K
NOI $31,225 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$388.2K
$339.7K – $452.9K
NOI $27,174 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$626.7K
$548.4K – $731.1K
NOI $43,868 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
574
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
Frequently Asked Questions
What type of property is this?
Duplex - Two townhouse-style residences include separate basement areas, a fenced yard and parking for at least three vehicles.
Where is this duplex located?
The property is located at 4211-4213 Cleveland Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two side‑by‑side residences with separate basements; 2,920 square feet; built in 1905; Three bedrooms, two full bathrooms, a half bath and front and rear balconies in each residence
