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Updated Two-Unit Residential Income

4637 Oregon Avenue St Louis, MO 63111

4637 Oregon Avenue St, Louis, MO, 63111
$215,000
For Sale
$215,000

MULTI_FAMILY - Other - St Louis, MO

Property Size2,048 SF
Lot Size0.07 Acres
Price / SF$104.98
Days on Market10

Property Features for 4637 Oregon Avenue St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bathrooms
2
Rooms
Bathroom 1, Dining Room, Basement, Bathroom 2
Parking features
On Street
Patio and Porch features
Deck
Interior features
Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Kitchen/Dining Room Combo, Shower
Fireplace
1
Basement
Storage Space, Full, Unfinished
Appliances
Stainless Steel Appliance(s)
Standard status
Active
APN
2749-00-0250-0
Size
2,048 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
1435

Utilities

Heating system
Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1913
Building materials
Brick
Roof type
Flat
Architectural style
Other
Listing agency Nettwork Global
Listed by Joe Geary · License #2018025898
Added: Jul 14 Updated: Jul 22 at 2:49PM Checked: Jul 23 at 5:06AM
MLS# 26044620

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 for-sale duplex offers two residential units, each featuring 2 bedrooms and 1 bathroom. Both units have been recently updated with new kitchens, bathrooms, appliances, light fixtures, and fresh paint.

The property is located at 4637 Oregon Avenue in St. Louis (St. Louis City), MO 63111.

One unit is currently occupied and is paying $1,060 per month, providing an immediate in-place rental component alongside the updated condition.

Key Highlights

  • Duplex built in 1913 with brick construction and a flat roof
  • Each unit features 2 bedrooms and 1 bathroom
  • Both units recently updated with new kitchens, bathrooms, appliances, light fixtures, and fresh paint

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 $36.9k $18.00
− Vacancy −$2.2k −$1.08
EGI $34.7k $16.92
− OpEx −$15.6k −$7.61
NOI $19.1k $9.31
2,048 SF · lease $18.00/SF/yr · vacancy 6.00% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$312.9K
$273.8K – $365.0K (±1% cap)
NOI $21,901 @ 7.0% cap · market cap 10.19%
Second Best
Apartment 5plus
$272.3K
$238.2K – $317.7K (±1% cap)
NOI $19,059 @ 7.0% cap · market cap 8.86%
Theoretical Best
Office A
$439.5K
$384.6K – $512.8K (±1% cap)
NOI $30,768 @ 7.0% cap · market cap 14.31%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Two updated 2-bedroom, 1-bath units with new kitchens, bathrooms, appliances, and fresh interior paint.
Where is this duplex located?
The property is located at 4637 Oregon Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Duplex built in 1913 with brick construction and a flat roof; Each unit features 2 bedrooms and 1 bathroom; Both units recently updated with new kitchens, bathrooms, appliances, light fixtures, and fresh paint
Contact an agent
More about this property
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