Historic Duplex with Private
For Sale
Under Contract
$650,000
4334 Lindell Boulevard St, Louis, MO 63108
Residential Income, St Louis, MO
Property Size3,550 SF
Lot Size0.15 Acres
Price / SF$183.10
Days on Market30
Property Features for 4334 Lindell Boulevard St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 3, Bedroom 6, Bathroom 5, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 2, Bedroom 4, Basement, Bathroom 4, Bathroom 3
Parking features
Garage
Pool private
1
Interior features
Bookcases, Built-in Features, Historic Millwork, Natural Woodwork
Exterior features
Balcony
Fireplace
1
Basement
Unfinished, Interior Entry, Walk-Up Access, Storage Space, Exterior Entry, Walk-Out Access
Subdivision
Lindell Add
Elementary school
Ford-Ford Br. Elem. Comm. Ed.
Middle school
Langston Middle
High school
Sumner High
Elementary school district
St. Louis City
Middle school district
St. Louis City
High school district
St. Louis City
Standard status
Active Under Contract
APN
3907-00-0110-0
Size
3,550 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3590
Utilities
Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
private pool
Building Details
Year built
1904
Floors in Building
2
Number of units
2
Flooring type
Hardwood
Building materials
Brick
Roof type
Flat
Architectural style
Other
Listing Agency:
Janet McAfee Inc.
(314) 997-4800
Listed By:
Alex Whiteside
(314) 997-4800
Added: Jul 22
Changed: Aug 19
Last Checked: Aug 20 at 3:06PM
MLS# 26043636
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.
Investment Insights
Based on property information with market context.
This historic duplex built in 1904 offers distinctive character with brick construction and hardwood flooring, complemented by historic millwork and natural woodwork, plus built-in features and bookcases. Each unit is configured with three bedrooms and two full bathrooms, with an extra full bathroom located in the second-floor unit’s basement. The home also includes a private pool, a balcony, forced-air heating, central air, and a fireplace. Parking and storage are supported by a three-car garage.
The property is located at 4334 Lindell Boulevard in St. Louis City, and the private pool adds a distinctive backyard amenity in an in-town setting. Public water is provided, and cable is available.
A first-floor unit has a new lease beginning September 1, creating immediate rental income, while the second-floor unit may be suited for owner-occupancy alongside rental income from the other unit.
The property is located at 4334 Lindell Boulevard in St. Louis City, and the private pool adds a distinctive backyard amenity in an in-town setting. Public water is provided, and cable is available.
A first-floor unit has a new lease beginning September 1, creating immediate rental income, while the second-floor unit may be suited for owner-occupancy alongside rental income from the other unit.
Key Highlights
- Built in 1904 brick historic duplex with hardwood flooring
- Private pool plus balcony for a backyard retreat
- Each unit has 3 bedrooms and 2 full bathrooms
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
Current Use
Lease Details
Multi-tenant
Tenancy
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
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Frequently Asked Questions
What type of property is this?
Duplex - Built in 1904, this duplex features two units with 3 bedrooms each, central air, and a private backyard pool.
Where is this duplex located?
The property is located at 4334 Lindell Boulevard St 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: Built in 1904 brick historic duplex with hardwood flooring; Private pool plus balcony for a backyard retreat; Each unit has 3 bedrooms and 2 full bathrooms
