Brick Triplex with
New
For Sale
$799,000
4416 Laclede Avenue, Saint Louis, MO 63108
Residential Income, St Louis, MO
Property Size3,816 SF
Lot Size0.22 Acres
Price / SF$209.38
Days on Market3
Property Features for 4416 Laclede Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Basement, Bathroom 4, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2, Dining Room, Bathroom 3
Parking features
Covered, Open
Window features
Screens, Shutters
Patio and Porch features
Deck
Pool private
1
Interior features
Bookcases, Dining/Living Room Combo, Granite Counters, High Ceilings, Historic Millwork, Natural Woodwork, Open Floorplan, Recessed Lighting, Storage, Vaulted Ceiling(s)
Fencing
Gate
Fireplace
1
Basement
Concrete
Appliances
Stainless Steel Appliance(s), Electric Cooktop, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Gas Water Heater
Subdivision
Forest Park Blvd
Elementary school
Adams Elem.
Middle school
Yeatman-Liddell Middle School
High school
Roosevelt High
Elementary school district
St. Louis City
Middle school district
St. Louis City
High school district
St. Louis City
Standard status
Active
APN
3902-00-0270-0
Size
3,816 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6966
HOA Fee
$450 Annually
Utilities
Heating system
Natural Gas, Electric (Heating)
Cooling system
Central Air, Multi Units
Water source
Public
Amenities
stained-glass windows
hard wood flooring
beautifully landscaped grounds
secret garden with inground pool
irrigation system
Building Details
Year built
1923
Floors in Building
2
Number of units
3
Flooring type
Wood
Building materials
Brick
Roof type
Flat
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Lauralei Properties, LLC
Listed By:
Laura Ludwig · License #2002026212
(314) 503-1186
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 14 at 10:06PM
MLS# 26065412
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.
Built in 1923, this 3,816-square-foot brick triplex contains a two-bedroom townhouse and two one-bedroom apartments. The residences are vacant and refreshed. The townhouse has living and dining space, a kitchen, two full baths, laundry connections, a partially finished lower level, and outdoor access to a deck and balcony. The apartments offer separate living and dining rooms in the first-floor unit and furnished accommodations in the second-floor unit. Each residence has its own central HVAC controls.
The 0.2235-acre property includes a three-car garage, an in-ground pool, landscaped grounds, and a garden area. Front and rear stairwells provide access to the units. The building is within walking distance of hospitals, restaurants, shops, and entertainment, with access to Forest Park, Washington University, and SLU.
The flat roof was replaced in April 2023. Furnace replacements occurred in 2018, 2021, and 2024, and hot water heaters were replaced in 2019 and 2022. Updated electrical panels and shared basement laundry connections and storage are also included.
The 0.2235-acre property includes a three-car garage, an in-ground pool, landscaped grounds, and a garden area. Front and rear stairwells provide access to the units. The building is within walking distance of hospitals, restaurants, shops, and entertainment, with access to Forest Park, Washington University, and SLU.
The flat roof was replaced in April 2023. Furnace replacements occurred in 2018, 2021, and 2024, and hot water heaters were replaced in 2019 and 2022. Updated electrical panels and shared basement laundry connections and storage are also included.
Key Highlights
- Three residences: one two‑bedroom townhouse and two one‑bedroom apartments
- 3,816 SF building on 0.2235 acres
- In‑ground pool, landscaped grounds, and a three‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,807
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$816,140
$816.1K
Cap Rate 7%
$582,957
$583.0K
Cap Rate 9%
$453,411
$453.4K
Market Conditions
NOI Build-Up for 3,816 SF
Gross rent
$61.8K $16.20/SF
− Vacancy
−$3.5K −$0.92/SF
EGI
$58.3K $15.28/SF
− OpEx
−$17.5K −$4.58/SF
NOI
$40.8K $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%
$816,140
Cap Rate 7%
$582,957
Cap Rate 9%
$453,411
Alternative Uses
Best Use
Multifamily LT 5
$583.0K
$510.1K – $680.1K
NOI $40,807 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$507.3K
$443.9K – $591.9K
NOI $35,512 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$819.0K
$716.6K – $955.5K
NOI $57,329 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
7,504
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - The vacant, three-unit property combines a townhouse and two apartments with separate central HVAC controls for each residence.
Where is this triplex located?
The property is located at 4416 Laclede Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Three residences: one two‑bedroom townhouse and two one‑bedroom apartments; 3,816 SF building on 0.2235 acres; In‑ground pool, landscaped grounds, and a three‑car garage
