Turnkey 8-Unit Apartment
4615 Virginia Avenue St Louis, MO 63111
4615 Virginia Avenue St, Louis, MO, 63111
$775,000
For Sale
$775,000
MULTI_FAMILY - Other - St Louis, MO
Property Size5,800 SF
Lot Size0.13 Acres
Price / SF$133.62
Days on Market8
Property Features for 4615 Virginia Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 12
- Bathrooms
- 8
- Rooms
- Bathroom 8, Bedroom 2, Bedroom 6, Bedroom 7, Bathroom 1, Bedroom 1, Bedroom 10, Bedroom 12, Bathroom 7, Bathroom 3, Bathroom 6, Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 11, Basement, Bedroom 9, Bedroom 5, Bedroom 3, Bedroom 8, Bathroom 5
- Fencing
- Chain Link
- Basement
- Walk-Up Access
- Appliances
- Stainless Steel Appliance(s), Dishwasher, Electric Oven, Refrigerator
- Standard status
- Active
- APN
- 2740-00-0210-0
- Size
- 5,800 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4103
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1963
- Floors in Building
- 2
- Number of units
- 8
- Flooring type
- Vinyl
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Other
Listing agency
Mogul Realty
(314) 865-1170
Listed by
Brian Miller · License #2016012615
(314) 865-1170
Added: Jul 15 Updated: Jul 22 at 9:48AM Checked: Jul 22 at 4:06PM
MLS# 26041459
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 turnkey 8-unit apartment building is fully renovated with extensive interior updates completed across 2023–2025. The unit mix includes four 1-bedroom apartments and four 2-bedroom apartments. Each apartment features updated flooring and paint, refreshed kitchens with new countertops, sinks, faucets, and appliances, renovated bathrooms, and new lighting, doors, trim, blinds, and electrical devices. Major mechanical upgrades include new through-wall A/C units and seven new furnaces. Common areas have been refreshed with new carpet, LVP flooring, stair treads, updated lighting, restored railings, and a cleaned basement with tenant storage areas, washer/dryer hookups, and an owner storage room.
Exterior improvements include a newer roof from 2022, updated exterior lighting, and landscaping improvements. The property also offers off-street parking for approximately five vehicles.
The building is fully occupied, and showings are available with an accepted contract.
Exterior improvements include a newer roof from 2022, updated exterior lighting, and landscaping improvements. The property also offers off-street parking for approximately five vehicles.
The building is fully occupied, and showings are available with an accepted contract.
Key Highlights
- 8‑family brick apartment building built in 1963 with four 1‑bedroom units and four 2‑bedroom units
- Extensive interior renovations completed throughout 2023–2025, including updated kitchens with new countertops, sinks, faucets, and appliances
- Renovated bathrooms and updated finishes such as new flooring and fresh paint, plus new lighting, doors, trim, blinds, and electrical devices
Local Financial Insights For Apartment 5plus
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 | $104.4k | $18.00 |
| − Vacancy | −$6.3k | −$1.08 |
| EGI | $98.1k | $16.92 |
| − OpEx | −$44.2k | −$7.61 |
| NOI | $54.0k | $9.31 |
5,800 SF · lease $18.00/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$771.1K
$674.7K – $899.6K
NOI $53,975 @ 7.0% cap · market cap 6.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $87,135 @ 7.0% cap · market cap 11.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Fully renovated 8-unit building with four 1-bedroom and four 2-bedroom apartments and off-street parking.
Where is this apartment building located?
The property is located at 4615 Virginia Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 8‑family brick apartment building built in 1963 with four 1‑bedroom units and four 2‑bedroom units; Extensive interior renovations completed throughout 2023–2025, including updated kitchens with new countertops, sinks, faucets, and appliances; Renovated bathrooms and updated finishes such as new flooring and fresh paint, plus new lighting, doors, trim, blinds, and electrical devices
