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Two-Story Duplex

4708 McMillan Avenue, Saint Louis, MO 63108

For Sale
Contact for pricing

The property is offered as-is, with no seller repairs or pre-closing inspections.

Property Size2,464 SF
Price / SF$8.08
Days on Market345

Property Features for 4708 McMillan Avenue

General Information

Standard status Active
Size 2,464 SF
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $185

Building Details

Building Size 2,464 SF
Year Built 1903
Buildings 1
Stories 2
Units 2
Listing Agency: Hybrid Real Estate
Listed By: Mark Butler
Source: Lauracallenhomes
Added: Dec 5, 2025 Changed: Nov 13 Last Checked: Nov 13 at 1:39PM

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 Hybrid Real Estate

Rey
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Investment Insights

Based on property information with market context.

This two-story duplex contains 2,464 square feet and was built in 1903. It is being sold as-is; the seller will not make repairs or arrange inspections before closing. Any inspections are for the buyer’s informational purposes only.

The property is at 4708 McMillan Avenue in St. Louis, near the Central West End. Barnes-Jewish Hospital, St. Louis Children’s Hospital, and nearby parks are also identified in the surrounding area.

Key Highlights

  • 2,464‑square‑foot duplex
  • Built in 1903
  • Two‑story configuration

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,930
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,600 $458.6K
Cap Rate 7%
$327,571 $327.6K
Cap Rate 9%
$254,778 $254.8K
Market Conditions
NOI Build-Up for 2,464 SF
Gross rent
$44.4K $18.00/SF
− Vacancy
−$2.7K −$1.08/SF
EGI
$41.7K $16.92/SF
− OpEx
−$18.8K −$7.61/SF
NOI
$22.9K $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%
$458,600
Cap Rate 7%
$327,571
Cap Rate 9%
$254,778

Alternative Uses

Best Use
Multifamily LT 5
$376.4K
$329.4K – $439.2K (±1% cap)
NOI $26,349 @ 7.0% cap
Second Best
Apartment 5plus
$327.6K
$286.6K – $382.2K (±1% cap)
NOI $22,930 @ 7.0% cap
Theoretical Best
Office A
$528.8K
$462.7K – $617.0K (±1% cap)
NOI $37,017 @ 7.0% cap
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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,073
Businesses Nearby

Demographics for 63108, MO

23,603
Population
13,208
Households
1.8
Avg Household Size
30
Median Age
64%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
10,729
Density / Sq Mi
$56,933
Median Household Income
$47,284
Median Earnings
$1,140
Median Rent
$337,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Saint Louis, MO

$128 Jul
$94.82 Aug
$96.81 Sep
$102 Oct

Properties on Market for Duplexes in Saint Louis

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The property is offered as-is, with no seller repairs or pre-closing inspections.
Where is this duplex located?
The property is located at 4708 McMillan Avenue Saint Louis, MO.
What are key features of this property?
This property features: 2,464‑square‑foot duplex; Built in 1903; Two‑story configuration
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