Four-Unit Multifamily
For Sale
$499,500
4614 Shenandoah Avenue St, Louis, MO 63110
MULTI_FAMILY - Other - St Louis, MO
Property Size3,536 SF
Lot Size0.11 Acres
Price / SF$141.26
Days on Market49
Property Features for 4614 Shenandoah Avenue St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 4, Bathroom 3, Bedroom 3, Bathroom 1
Parking features
Off Street, On Street
Fencing
Fenced
Appliances
Gas Water Heater
Subdivision
Shaws Garden Add
Elementary school
Mann Elem.
Middle school
Fanning Middle Community Ed.
High school
Roosevelt High
Elementary school district
St. Louis City
Middle school district
St. Louis City
High school district
St. Louis City
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 Description
C. B. 4098 N SHENANDOAH AVE 40 FT X 120 FT SHAWS GARDEN ADDN BLK B LOT 4
Tax Annual Amount
5495
Legal Description
C. B. 4098 N SHENANDOAH AVE 40 FT X 120 FT SHAWS GARDEN ADDN BLK B LOT 4
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Gas (Cooling), Central Air
Water source
Public
Building Details
Year built
1925
Floors in Building
2
Number of units
4
Flooring type
Hardwood
Building materials
Brick
Architectural style
Other
Listing Agency:
Invest St. Louis
(314) 325-6201
Listed By:
Jeffrey Jollar · License #2026020322
(314) 255-5117
Added: Jun 12
Changed: Jul 29
Last Checked: Jul 30 at 10:06PM
MLS# 26037176
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.
Investment Insights
Based on property information with market context.
This four-unit multifamily property contains four true 1-bedroom apartments. The building totals 3,536 square feet and provides central heating and cooling in each unit, with dedicated laundry hookups located in the basement for every apartment. Two units are currently occupied, and one unit is vacant, creating options for an owner-occupant or an investor seeking to improve performance within the existing layouts.
The property includes a fenced backyard and a rear parking pad. Reported major improvements include a 6-year-old TPO roof, mostly replaced vinyl windows, and PVC plumbing stacks, drains, and lateral.
In addition to current configuration, the property notes a potential rent and layout improvement path: rents may be adjusted with the existing layouts, and there is potential to convert units from 1-bedroom to 2-bedroom layouts by creating a front bedroom and opening the kitchen to the living area with an island-style layout. Recent rental data referenced in the marketing includes average 1-bedroom rents of $1,378 (23 one-bedroom rentals in the past 6 months within a 1.5-mile radius) and average 2-bedroom rents of $1,578 (5 two-bedroom, one-bath rentals in the past 18 months within a 0.5-mile radius).
The property includes a fenced backyard and a rear parking pad. Reported major improvements include a 6-year-old TPO roof, mostly replaced vinyl windows, and PVC plumbing stacks, drains, and lateral.
In addition to current configuration, the property notes a potential rent and layout improvement path: rents may be adjusted with the existing layouts, and there is potential to convert units from 1-bedroom to 2-bedroom layouts by creating a front bedroom and opening the kitchen to the living area with an island-style layout. Recent rental data referenced in the marketing includes average 1-bedroom rents of $1,378 (23 one-bedroom rentals in the past 6 months within a 1.5-mile radius) and average 2-bedroom rents of $1,578 (5 two-bedroom, one-bath rentals in the past 18 months within a 0.5-mile radius).
Key Highlights
- Four‑family building with four true 1‑bedroom units; each unit is approximately 775 SF
- Central heating and central air in each unit, plus natural gas forced‑air systems
- Dedicated basement laundry hookups for each apartment
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
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.
Property Analytics
Current Use
Lease Details
4
Residential units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
511
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-family building with four 1-bedroom units, central heating and cooling, and dedicated laundry hookups, plus rear parking and fenced yard.
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: Four‑family building with four true 1‑bedroom units; each unit is approximately 775 SF; Central heating and central air in each unit, plus natural gas forced‑air systems; Dedicated basement laundry hookups for each apartment
