Three-Unit Residential Property with
New
For Sale
$799,000
4416 Laclede Ave, Saint Louis, MO 63108
Three separate residences offer a two-bedroom townhouse and two one-bedroom apartments, with private outdoor spaces and independent HVAC controls.
Property Size3,776 SF
Price / SF$211.60
Days on Market4
Property Features for 4416 Laclede Ave
General Information
Standard status
Active
Size
3,776 SF
Total Parking Spaces
3
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR townhouse, 2 x 1BR apartment
Multifamily Units
3
Amenities
stained-glass windows
landscaped grounds
secret garden
inground pool
irrigation system
deck
balcony
central HVAC
Building Details
Year Built
1923
Buildings
1
Listing Agency:
Mossy Oak Properties-Central
Listed By:
DRG - Delhougne Realty Group
(636) 238-3830
Source:
Drgstl
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 14 at 11:17PM
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 Mossy Oak Properties-Central
Investment Insights
Based on property information with market context.
At 4416 Laclede Ave in St. Louis, this 3,776-square-foot residential property, built in 1923, contains a two-bedroom townhouse and two one-bedroom apartments. The units are vacant and refreshed. The townhouse includes living and dining areas, a kitchen with stainless appliances, an island and granite counters, plus a partially finished lower level. Each apartment has separate living and dining rooms; the second-floor unit is furnished. Decks and balconies look onto the rear garden and inground pool. A three-car garage, basement storage and laundry connections serve the property. Each residence has independently controlled central HVAC.
The flat roof was replaced in April 2023. Furnace replacement dates are 2018, 2021 and 2024; water heaters were replaced in 2019 and 2022. Electrical panels have been updated. Hospitals, restaurants, shops and entertainment are within walking distance, with access to Forest Park, Washington University and SLU.
The flat roof was replaced in April 2023. Furnace replacement dates are 2018, 2021 and 2024; water heaters were replaced in 2019 and 2022. Electrical panels have been updated. Hospitals, restaurants, shops and entertainment are within walking distance, with access to Forest Park, Washington University and SLU.
Key Highlights
- Three residences: one two‑bedroom townhouse and two one‑bedroom apartments
- 3,776‑square‑foot property built in 1923
- Inground pool, landscaped garden, and outdoor decks and balconies
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,379
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$807,580
$807.6K
Cap Rate 7%
$576,843
$576.8K
Cap Rate 9%
$448,656
$448.7K
Market Conditions
NOI Build-Up for 3,776 SF
Gross rent
$61.2K $16.20/SF
− Vacancy
−$3.5K −$0.92/SF
EGI
$57.7K $15.28/SF
− OpEx
−$17.3K −$4.58/SF
NOI
$40.4K $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%
$807,580
Cap Rate 7%
$576,843
Cap Rate 9%
$448,656
Alternative Uses
Best Use
Multifamily LT 5
$576.8K
$504.7K – $673.0K
NOI $40,379 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$502.0K
$439.2K – $585.7K
NOI $35,139 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$810.4K
$709.1K – $945.5K
NOI $56,728 @ 7.0% cap · market cap 7.10%
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 - Three separate residences offer a two-bedroom townhouse and two one-bedroom apartments, with private outdoor spaces and independent HVAC controls.
Where is this triplex located?
The property is located at 4416 Laclede Ave 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; 3,776‑square‑foot property built in 1923; Inground pool, landscaped garden, and outdoor decks and balconies
