Triplex with Elevated Deck and
4622 Cleveland Avenue St Louis, MO 63110
4622 Cleveland Avenue St, Louis, MO, 63110
$479,000
Pending
For Sale
$479,000
Pending
MULTI_FAMILY - Other - St Louis, MO
Property Size2,720 SF
Lot Size0.23 Acres
Days on Market31
Property Features for 4622 Cleveland Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Basement, Bathroom 3, Bathroom 1, Bedroom 3
- Parking
- 3
- Parking features
- Alley
- Patio and Porch features
- Deck
- Fencing
- Privacy, Gate
- Basement
- Exterior Entry, Unfinished, Full, Storage Space
- Standard status
- Pending
- APN
- 5903-00-0030-0
- Size
- 2,720 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5293
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1925
- Number of units
- 3
- Flooring type
- Hardwood
- Building materials
- Brick, Stone
- Architectural style
- Other
Listing agency
Real Broker LLC
(573) 520-3099
Listed by
John Voirol · License #2015029444
(855) 450-0442
Added: Jun 23 Updated: Jul 22 at 7:36PM Checked: Jul 23 at 7:06AM
MLS# 26038891
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 former 4-family building is now configured as a triplex, offering a townhouse-style 2-bedroom unit that is currently vacant and two occupied 1-bedroom units. A standout feature is the outdoor space, including an elevated deck with direct access from the townhouse unit that overlooks a deep, fully fenced, landscaped yard. The deck also functions as a covered carport for up to three vehicles, with an additional three off-street parking spaces on the concrete pad below. Secure access is provided by a motorized gate with a heated back-up battery.
The property includes two secure storage rooms and coin-operated laundry in the basement. Updates include replacement of all three HVAC systems in 2020, water heaters installed in 2021 and 2024, and a TPO roof installed in 2018. The lawn irrigation system is currently not in use and will convey as-is.
The building is located near MOBOT, Tower Grove Park, and Comet Coffee, and it is available for an as-is sale preference from the seller.
The property includes two secure storage rooms and coin-operated laundry in the basement. Updates include replacement of all three HVAC systems in 2020, water heaters installed in 2021 and 2024, and a TPO roof installed in 2018. The lawn irrigation system is currently not in use and will convey as-is.
The building is located near MOBOT, Tower Grove Park, and Comet Coffee, and it is available for an as-is sale preference from the seller.
Key Highlights
- Converted 4‑family building with 3 units: 1 townhouse‑style 2‑bedroom unit and two 1‑bedroom units
- Currently leased for $800 and $850 per month; rental income totals $1,650 per month from the two occupied 1‑bedroom units
- Townhouse unit has direct access to a large elevated deck overlooking a deep, fully fenced, landscaped yard
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 | $44.1k | $16.20 |
| − Vacancy | −$2.5k | −$0.92 |
| EGI | $41.6k | $15.28 |
| − OpEx | −$12.5k | −$4.58 |
| NOI | $29.1k | $10.69 |
2,720 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$415.5K
$363.6K – $484.8K
NOI $29,087 @ 7.0% cap · market cap 6.07%
Second Best
Apartment 5plus
$361.6K
$316.4K – $421.9K
NOI $25,312 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$583.8K
$510.8K – $681.1K
NOI $40,863 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Triplex conversion offers a vacant townhouse-style 2-bedroom unit plus two leased 1-bedroom units and extensive parking.
Where is this triplex located?
The property is located at 4622 Cleveland Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Converted 4‑family building with 3 units: 1 townhouse‑style 2‑bedroom unit and two 1‑bedroom units; Currently leased for $800 and $850 per month; rental income totals $1,650 per month from the two occupied 1‑bedroom units; Townhouse unit has direct access to a large elevated deck overlooking a deep, fully fenced, landscaped yard
