4-Unit Quadplex with
For Sale
$499,500
4614 Shenandoah Avenue, Saint Louis, MO 63110
Four apartments feature individual central heating and cooling, with laundry hookups provided for each unit.
Property Size3,536 SF
Price / SF$141.26
Days on Market142
Property Features for 4614 Shenandoah Avenue
General Information
Standard status
Active
Size
3,536 SF
Property subtype
2-4 Units
Units
Unit Mix
4 x 1BR
Multifamily Units
4
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$5,495
Amenities
central heating and cooling
dedicated laundry hookups
fenced backyard
rear parking pad
Building Details
Building Size
3,536 SF
Year Built
1925
Buildings
1
Listing Agency:
Invest St. Louis
Listed By:
Jeffrey Jollar · License #2026020322
(314) 325-6201
Source:
Janetmcafee
Added: Jun 11
Changed: Oct 26
Last Checked: Oct 26 at 3:47PM
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 Invest St. Louis
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Investment Insights
Based on property information with market context.
This 3,536-square-foot quadplex contains four one-bedroom apartments, each approximately 775 square feet. Every unit has central heating and cooling, and the basement includes separate laundry hookups for all four apartments. Two units are occupied, and one is vacant. The building’s improvements include a TPO roof installed six years ago, mostly replaced vinyl windows, and PVC plumbing stacks, drains, and lateral. A fenced backyard and rear parking pad are also on site.
The property is on Shenandoah Avenue in the Southwest Garden neighborhood of St. Louis, near the Missouri Botanical Garden, Barnes-Jewish Hospital, Washington University Medical School, Forest Park, and Tower Grove Park. Existing apartment layouts may be reconfigured to create two-bedroom units, subject to the proposed changes described for the building.
The property is on Shenandoah Avenue in the Southwest Garden neighborhood of St. Louis, near the Missouri Botanical Garden, Barnes-Jewish Hospital, Washington University Medical School, Forest Park, and Tower Grove Park. Existing apartment layouts may be reconfigured to create two-bedroom units, subject to the proposed changes described for the building.
Key Highlights
- Four one‑bedroom apartments, each approximately 775 square feet, in a 3,536‑square‑foot building
- Two units are occupied; one unit is vacant
- Central heating and cooling in each apartment; dedicated basement laundry hookups for every unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,813
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$756,260
$756.3K
Cap Rate 7%
$540,186
$540.2K
Cap Rate 9%
$420,144
$420.1K
Market Conditions
NOI Build-Up for 3,536 SF
Gross rent
$57.3K $16.20/SF
− Vacancy
−$3.3K −$0.92/SF
EGI
$54.0K $15.28/SF
− OpEx
−$16.2K −$4.58/SF
NOI
$37.8K $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%
$756,260
Cap Rate 7%
$540,186
Cap Rate 9%
$420,144
Alternative Uses
Best Use
Multifamily LT 5
$540.2K
$472.7K – $630.2K
NOI $37,813 @ 7.0% cap · market cap 7.57%
Second Best
Apartment 5plus
$470.1K
$411.3K – $548.4K
NOI $32,906 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$758.9K
$664.0K – $885.4K
NOI $53,122 @ 7.0% cap · market cap 10.64%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
807
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Four apartments feature individual central heating and cooling, with laundry hookups provided for each unit.
Where is this quadplex located?
The property is located at 4614 Shenandoah Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $499,500.
What are key features of this property?
This property features: Four one‑bedroom apartments, each approximately 775 square feet, in a 3,536‑square‑foot building; Two units are occupied; one unit is vacant; Central heating and cooling in each apartment; dedicated basement laundry hookups for every unit
