8-Unit Apartment
For Sale
$745,000
4615 Virginia Avenue, Saint Louis, MO 63111
Updated kitchens and bathrooms complement a mix of one- and two-bedroom floor plans.
Property Size5,800 SF
Price / SF$128.45
Days on Market116
Property Features for 4615 Virginia Avenue
General Information
Standard status
Active
Size
5,800 SF
Total Parking Spaces
5
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
4 x 1-bedroom, 4 x 2-bedroom
Multifamily Units
8
Additional Details
Gross Income
$80,880
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$4,103
Amenities
washer/dryer hookups
tenant storage areas
Building Details
Building Size
5,800 SF
Year Built
1963
Buildings
1
Stories
2
Units
8
Listing Agency:
Mogul Realty
(314) 865-1170
Listed By:
Brian Miller · License #2016012615
(314) 651-2261
Source:
Cathlees
Added: Jul 7
Changed: Oct 25
Last Checked: Oct 29 at 6:37PM
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 Mogul Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,800-square-foot apartment building, constructed in 1963, contains eight units: four with one bedroom and four with two. Renovations completed from 2023 through 2025 include interior finishes, kitchen and bathroom updates, lighting, doors, trim, and electrical devices. Mechanical work included through-wall air-conditioning units and seven new furnaces. The common areas and basement have also been refreshed, with tenant storage, washer and dryer hookups, and a separate owner storage room.
Exterior features include a roof installed in 2022, exterior lighting, landscaping improvements, and off-street parking for approximately five vehicles. The property at 4615 Virginia Avenue in St. Louis is fully occupied and has professional property management in place.
Exterior features include a roof installed in 2022, exterior lighting, landscaping improvements, and off-street parking for approximately five vehicles. The property at 4615 Virginia Avenue in St. Louis is fully occupied and has professional property management in place.
Key Highlights
- Eight apartments: four one‑bedroom units and four two‑bedroom units
- 5,800 square feet; built in 1963
- Renovation work completed during 2023–2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,975
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,079,500
$1.1M
Cap Rate 7%
$771,071
$771.1K
Cap Rate 9%
$599,722
$599.7K
Market Conditions
NOI Build-Up for 5,800 SF
Gross rent
$104.4K $18.00/SF
− Vacancy
−$6.3K −$1.08/SF
EGI
$98.1K $16.92/SF
− OpEx
−$44.2K −$7.61/SF
NOI
$54.0K $9.31/SF
Area
St. Louis County, MO
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,079,500
Cap Rate 7%
$771,071
Cap Rate 9%
$599,722
Alternative Uses
Best Use
Apartment 5plus
$771.1K
$674.7K – $899.6K
NOI $53,975 @ 7.0% cap · market cap 7.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $87,135 @ 7.0% cap · market cap 11.70%
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
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
Explore this area
Business Placement
Demographics for 63111, MO
19,538
Population
10,541
Households
1.9
Avg Household Size
37
Median Age
19%
College-Educated
86%
High-School Grad
3.2 sq mi
ZIP Area
6,106
Density / Sq Mi
$43,295
Median Household Income
$33,114
Median Earnings
$846
Median Rent
$115,500
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
Frequently Asked Questions
What type of property is this?
Apartment building - Updated kitchens and bathrooms complement a mix of one- and two-bedroom floor plans.
Where is this apartment building located?
The property is located at 4615 Virginia Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Eight apartments: four one‑bedroom units and four two‑bedroom units; 5,800 square feet; built in 1963; Renovation work completed during 2023–2025
