Historic Duplex with Private
For Sale
$650,000
4334 Lindell Blvd, Saint Louis, MO 63108
Two residential units offer period character, off-street parking, and a private backyard pool in the Central West End.
Property Size3,550 SF
Price / SF$183.10
Days on Market43
Property Features for 4334 Lindell Blvd
General Information
Standard status
Active
Size
3,550 SF
Total Parking Spaces
3
Property subtype
Residential Income
Units
Unit Mix
1 x 3BR/2BA, 1 x 3BR/3BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,590
Amenities
private pool
Building Details
Year Built
1904
Buildings
1
Listing Agency:
Janet McAfee Inc.
(314) 399-6840
Listed By:
Alex Whiteside
(314) 399-6840
Source:
Exprealty
Added: Jul 9
Changed: Aug 18
Last Checked: Aug 19 at 11:39AM
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 Janet McAfee Inc.
Investment Insights
Based on property information with market context.
Built in 1904, this duplex includes two residential units with a consistent three-bedroom, two-full-bath layout. The second-floor unit also has an additional full bathroom in its basement. A private pool provides a dedicated outdoor amenity, while the three-car garage adds off-street parking and storage capacity.
Located at 4334 Lindell Blvd in Saint Louis’ Central West End, the property is near dining, shopping, parks, and entertainment. The first-floor unit has a new lease beginning September 1. The two-unit configuration also accommodates an owner-occupant arrangement with one residence available for personal use and the other producing rental income.
Located at 4334 Lindell Blvd in Saint Louis’ Central West End, the property is near dining, shopping, parks, and entertainment. The first-floor unit has a new lease beginning September 1. The two-unit configuration also accommodates an owner-occupant arrangement with one residence available for personal use and the other producing rental income.
Key Highlights
- Duplex built in 1904
- Two units, each with 3 bedrooms and 2 full bathrooms
- Second‑floor unit includes an additional full bathroom in its basement
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,962
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$759,240
$759.2K
Cap Rate 7%
$542,314
$542.3K
Cap Rate 9%
$421,800
$421.8K
Market Conditions
NOI Build-Up for 3,550 SF
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.
Gross rent
$57.5K $16.20/SF
− Vacancy
−$3.3K −$0.92/SF
EGI
$54.2K $15.28/SF
− OpEx
−$16.3K −$4.58/SF
NOI
$38.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$759,240
Cap Rate 7%
$542,314
Cap Rate 9%
$421,800
Alternative Uses
Best Use
Multifamily LT 5
$542.3K
$474.5K – $632.7K
NOI $37,962 @ 7.0% cap · market cap 5.84%
Second Best
Apartment 5plus
$471.9K
$413.0K – $550.6K
NOI $33,036 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$761.9K
$666.7K – $888.9K
NOI $53,332 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
5,178
Businesses Nearby
Explore this area
Business Placement
Demographics for 63108, MO
23,603
Population
13,208
Households
1.8
Avg Household Size
30
Median Age
64%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
10,729
Density / Sq Mi
$56,933
Median Household Income
$47,284
Median Earnings
$1,140
Median Rent
$337,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer period character, off-street parking, and a private backyard pool in the Central West End.
Where is this duplex located?
The property is located at 4334 Lindell Blvd Saint Louis, MO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Duplex built in 1904; Two units, each with 3 bedrooms and 2 full bathrooms; Second‑floor unit includes an additional full bathroom in its basement
