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    Four-Unit Residential Income Building Title is generated by Realmo AI

    4614 Shenandoah Avenue St, Louis, MO 63110

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    Claim this Listing
    New
    For Sale
    $499,500

    Traditional, 2-4 Units - St Louis, MO

    Property size:
    3,536 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $141/SF
    Added:
    Jun 11, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 16 at 7:06 pm

    Property Features for 4614 Shenandoah Avenue St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Off Street, On Street
    Exterior features
    Fencing
    Fencing
    Fenced
    Standard status
    Active
    APN
    4098-05-0090-0
    Size
    3,536 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    5495

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Gas (Cooling)

    Building Details

    Year built
    1925
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Hardwood
    Building materials
    Brick
    Architectural style
    New Traditional

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    Listing Contact
    Jeffrey Jollar

    Listing agent Jeffrey Jollar License #2026020322

    Listing office Invest St. Louis 2309 Thurman, St. Louis, MO

    Listing date Jun 11, 2026

    MLS# 26037176 Listing URL

    Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 4‑unit building with four true 1‑bedroom units in the Southwest Garden neighborhood; 3,536 SF building size
    • Each unit is approximately 775 SF and includes central heating and central cooling
    • Two units currently occupied and one unit vacant, offering an owner‑occupant or value‑add setup
    • Dedicated laundry hookups in the basement for each apartment
    • Major improvements include a 6‑year‑old TPO roof, mostly replaced vinyl windows, and updated PVC plumbing stacks/drains/lateral
    • Fenced backyard plus rear parking pad, with off‑street and on‑street parking

    Overview

    This four-unit residential income property contains four true 1-bedroom apartments, each with its own dedicated laundry hookups in the basement. The building totals 3,536 square feet and is configured for straightforward, separate apartment living. Two units are currently occupied, and one unit is vacant. Common systems include central heating and air conditioning for each unit.

    Located at 4614 Shenandoah Avenue in St. Louis City, the property is described as being in the Southwest Garden neighborhood, just minutes from Missouri Botanical Garden, Barnes-Jewish Hospital, Washington University Medical School, Forest Park, and Tower Grove Park. The site includes a fenced backyard and a rear parking pad.

    For buyers seeking a residential income building with existing cash flow, the current occupancy provides immediate utility. The layout supports rent optimization through the ability to increase rents with the existing configurations. The information also notes a potential conversion from 1-bedroom to 2-bedroom layouts by creating a front bedroom and opening the kitchen to the living area. Major improvements mentioned include a roof installed about six years ago, mostly replaced vinyl windows, and PVC plumbing stacks, drains, and lateral.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $57.3k $16.20
    − Vacancy −$3.3k −$0.92
    EGI $54.0k $15.28
    − OpEx −$16.2k −$4.58
    NOI $37.8k $10.69
    3,536 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $540.2K
    $472.7K – $630.2K (±1% cap)
    NOI $37,813 @ 7.0% cap · market cap 7.57%
    Second Best
    Apartment 5plus
    $470.1K
    $411.3K – $548.4K (±1% cap)
    NOI $32,906 @ 7.0% cap · market cap 6.59%
    Theoretical Best
    Office A
    $758.9K
    $664.0K – $885.4K (±1% cap)
    NOI $53,122 @ 7.0% cap · market cap 10.64%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.265802
    Latitude
    38.612155

    FAQs

    What type of property is this?
    Quadplex - Four 1-bedroom units with central heat and A/C, plus dedicated laundry hookups and fenced outdoor space.
    Where is this quadplex located?
    The property is located at 4614 Shenandoah Avenue St 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: 4‑unit building with four true 1‑bedroom units in the Southwest Garden neighborhood; 3,536 SF building size; Each unit is approximately 775 SF and includes central heating and central cooling; Two units currently occupied and one unit vacant, offering an owner‑occupant or value‑add setup
    More about this property
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