4-Unit Apartment
New
For Sale
$495,000
4614 Jamieson Avenue, Saint Louis, MO 63109
Each residence has one bedroom and a full bath, with dedicated off-street parking.
Property Size3,230 SF
Days on Market5
Property Features for 4614 Jamieson Avenue
General Information
Standard status
Active
Size
3,230 SF
Property subtype
2-4 Units
Occupancy
100%
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Parking per Unit
1
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$3,617
Amenities
hardwood floors
central air conditioning
forced-air heat
off-street parking
basement storage
Building Details
Building Size
3,230 SF
Year Built
1947
Buildings
1
Listing Agency:
Realty Exchange
Listed By:
Andy Scott · License #2008032735
(314) 323-3831
Source:
Aimeesimpson
Added: Oct 28
Changed: Oct 31
Last Checked: Nov 1 at 2:52PM
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 Realty Exchange
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Investment Insights
Based on property information with market context.
Built in 1947, this four-unit apartment property has four similar one-bedroom, one-bath layouts. Interior features include hardwood flooring, central air conditioning, and forced-air heat. Some apartments have updated kitchens, and basement storage serves as an additional building feature. The property is fully occupied, with off-street parking assigned to each apartment.
The building is at 4614 Jamieson Avenue in St. Louis’s Lindenwood Park neighborhood, near parks, restaurants, and shopping.
The building is at 4614 Jamieson Avenue in St. Louis’s Lindenwood Park neighborhood, near parks, restaurants, and shopping.
Key Highlights
- Four one‑bedroom, one‑bath apartments; the building is fully occupied
- Dedicated off‑street parking for each apartment
- Hardwood floors, central air conditioning, and forced‑air heat
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,540
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$690,800
$690.8K
Cap Rate 7%
$493,429
$493.4K
Cap Rate 9%
$383,778
$383.8K
Market Conditions
NOI Build-Up for 3,230 SF
Gross rent
$52.3K $16.20/SF
− Vacancy
−$3.0K −$0.92/SF
EGI
$49.3K $15.28/SF
− OpEx
−$14.8K −$4.58/SF
NOI
$34.5K $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%
$690,800
Cap Rate 7%
$493,429
Cap Rate 9%
$383,778
Alternative Uses
Best Use
Multifamily LT 5
$493.4K
$431.8K – $575.7K
NOI $34,540 @ 7.0% cap · market cap 6.98%
Second Best
Apartment 5plus
$429.4K
$375.7K – $501.0K
NOI $30,058 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$693.2K
$606.6K – $808.8K
NOI $48,525 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
667
Businesses Nearby
Explore this area
Business Placement
Demographics for 63109, MO
26,777
Population
14,963
Households
1.8
Avg Household Size
39
Median Age
52%
College-Educated
96%
High-School Grad
3.5 sq mi
ZIP Area
7,651
Density / Sq Mi
$71,563
Median Household Income
$52,245
Median Earnings
$929
Median Rent
$244,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has one bedroom and a full bath, with dedicated off-street parking.
Where is this quadplex located?
The property is located at 4614 Jamieson Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bath apartments; the building is fully occupied; Dedicated off‑street parking for each apartment; Hardwood floors, central air conditioning, and forced‑air heat
