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Brick Duplex with Garage
For Sale
$275,000

4558 Oakland Ave, Saint Louis, MO 63110

Two residential units share a garage, laundry area, backyard, and basement stairwell.

Property Size1,690 SF
Price / SF$162.72
Days on Market27

Property Features for 4558 Oakland Ave

General Information

Standard status Active
Size 1,690 SF
Total Parking Spaces 2
Property subtype Residential Income

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $1,790

Amenities

hardwood floors
decorative fireplace
stainless appliances
open-concept living/dining/kitchen
basement laundry
private backyard
AC unit

Building Details

Buildings 1
Construction brick
Listing Agency: Worth Clark Realty
Listed By: Adam Kepka
Source: Exprealty
Added: Aug 18 Changed: Sep 4 Last Checked: Sep 13 at 3:56PM

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

Investment Insights

Based on property information with market context.

This 1690-square-foot brick duplex contains two residential units, each with 1 bedroom and 1 bathroom. Both feature hardwood flooring, decorative fireplaces, stainless appliances, and connected living, dining, and kitchen areas. A newer silicone roof coating and AC unit serve the property. The first-floor residence is furnished for short-term rental use, while the upper unit is occupied on a month-to-month basis.

Shared amenities include basement laundry, a private backyard, and a two-car garage. An interior stairway links both residences with the basement and creates a documented pathway for conversion to a single-family home. The property is in The Grove within Forest Park Southeast, near Urban Chestnut Brewing, CWE Metrolink, Forest Park, and neighborhood restaurants and nightlife.

Key Highlights

  • 1690 SF brick duplex with two 1‑bedroom, 1‑bathroom units
  • Hardwood floors, decorative fireplaces, stainless appliances, and open living areas in both units
  • Shared basement laundry, private backyard, and two‑car garage

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
$18,072
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
6.57%
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%
$361,440 $361.4K
Cap Rate 7%
$258,171 $258.2K
Cap Rate 9%
$200,800 $200.8K
Market Conditions
NOI Build-Up for 1,690 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
$27.4K $16.20/SF
− Vacancy
−$1.6K −$0.92/SF
EGI
$25.8K $15.28/SF
− OpEx
−$7.7K −$4.58/SF
NOI
$18.1K $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%
$361,440
Cap Rate 7%
$258,171
Cap Rate 9%
$200,800

Alternative Uses

Best Use
Multifamily LT 5
$258.2K
$225.9K – $301.2K (±1% cap)
NOI $18,072 @ 7.0% cap · market cap 6.57%
Second Best
Apartment 5plus
$224.7K
$196.6K – $262.1K (±1% cap)
NOI $15,727 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$362.7K
$317.4K – $423.2K (±1% cap)
NOI $25,389 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Grocery & Convenience Store Home Appliance Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,273
Businesses Nearby

Demographics for 63110, MO

18,199
Population
10,260
Households
1.8
Avg Household Size
33
Median Age
64%
College-Educated
97%
High-School Grad
6.6 sq mi
ZIP Area
2,757
Density / Sq Mi
$73,809
Median Household Income
$55,340
Median Earnings
$1,183
Median Rent
$314,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units share a garage, laundry area, backyard, and basement stairwell.
Where is this duplex located?
The property is located at 4558 Oakland Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1690 SF brick duplex with two 1‑bedroom, 1‑bathroom units; Hardwood floors, decorative fireplaces, stainless appliances, and open living areas in both units; Shared basement laundry, private backyard, and two‑car garage
More about this property
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