Renovated Duplex with Two-Story
For Sale
$550,000
4420 Laclede Avenue, Saint Louis, MO 63108
Two residences offer in-unit laundry, updated kitchens and baths, and a lower level with an existing full bathroom.
Property Size2,496 SF
Price / SF$220.35
Days on Market8
Property Features for 4420 Laclede Avenue
General Information
Standard status
Active
Size
2,496 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,426
Amenities
in-unit laundry
private double-story deck
Building Details
Building Size
2,496 SF
Year Built
1909
Buildings
1
Stories
2
Units
2
Listing Agency:
Worth Clark Realty
(314) 222-0065
Listed By:
Sabih Javed · License #2019035220
(314) 607-7035
Source:
Calltammy
Added: Oct 16
Changed: Oct 22
Last Checked: Oct 22 at 2:40PM
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 Worth Clark Realty
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Investment Insights
Based on property information with market context.
Built in 1909, this renovated duplex contains 2,496 square feet across two residences. The first-floor unit has two bedrooms and one bathroom. The upper unit also has two bedrooms and one bathroom, plus an additional flexible room. Both residences feature custom cabinetry, granite counters, glass tile backsplashes, in-unit laundry, and updated bathrooms with custom tile and vanities. A two-story deck serves the property, and the basement includes a full bathroom. The basement is described as dry, with no history of water intrusion.
The property is on Laclede Avenue in St. Louis’s Central West End, on a tree-lined block surrounded by single-family homes.
The property is on Laclede Avenue in St. Louis’s Central West End, on a tree-lined block surrounded by single-family homes.
Key Highlights
- 2,496‑square‑foot duplex built in 1909
- First‑floor unit: 2 bedrooms and 1 bathroom
- Upper unit: 2 bedrooms, 1 bathroom, and an additional flexible room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,691
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,820
$533.8K
Cap Rate 7%
$381,300
$381.3K
Cap Rate 9%
$296,567
$296.6K
Market Conditions
NOI Build-Up for 2,496 SF
Gross rent
$40.4K $16.20/SF
− Vacancy
−$2.3K −$0.92/SF
EGI
$38.1K $15.28/SF
− OpEx
−$11.4K −$4.58/SF
NOI
$26.7K $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%
$533,820
Cap Rate 7%
$381,300
Cap Rate 9%
$296,567
Alternative Uses
Best Use
Multifamily LT 5
$381.3K
$333.6K – $444.9K
NOI $26,691 @ 7.0% cap · market cap 4.85%
Second Best
Apartment 5plus
$331.8K
$290.4K – $387.1K
NOI $23,228 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$535.7K
$468.7K – $625.0K
NOI $37,498 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
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
Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer in-unit laundry, updated kitchens and baths, and a lower level with an existing full bathroom.
Where is this duplex located?
The property is located at 4420 Laclede Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,496‑square‑foot duplex built in 1909; First‑floor unit: 2 bedrooms and 1 bathroom; Upper unit: 2 bedrooms, 1 bathroom, and an additional flexible room
