Four-Unit Residential
For Sale
$799,900
4736-38 Olive Street, Saint Louis, MO 63108
One apartment is vacant, while the other three are occupied and provide current rental income.
Property Size4,368 SF
Days on Market31
Property Features for 4736-38 Olive Street
General Information
Standard status
Active
Size
4,368 SF
Total Parking Spaces
4
Property subtype
Residential Income
Additional Details
Highway Access
Yes
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$7,388
Amenities
shared outdoor patio
fenced backyard
basement storage
covered parking
Shower
Sauna
Breakfast Bar
Custom Cabinetry
Eat-in Kitchen
Granite Counters
Bookcases
Open Floorplan
Walk-In Closet(s)
Central Vacuum
Kitchen/Dining Room Combo
Entry Steps/Stairs
Fire Pit
Building Details
Building Size
4,368 SF
Year Built
1904
Buildings
1
Stories
2
Units
4
Listing Agency:
The Hermann London Group LLC
(314) 802-0797
Listed By:
Amy Gordon
(314) 614-2454
Source:
Calltammy
Added: Sep 30
Changed: Oct 22
Last Checked: Oct 29 at 6:31PM
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 The Hermann London Group LLC
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 1904 quadplex has four apartments, including one vacant unit and three tenant-occupied units. The occupied apartments each have two bedrooms; two include one bathroom, and the third has one and a half bathrooms. Each also has a bonus room and in-unit laundry. The vacant apartment features exposed brick, a gas fireplace, granite kitchen countertops, stainless steel appliances, a main-floor suite, and a basement sauna. Its finishes and condition differ from those of the occupied units.
Shared property features include a fenced backyard with an outdoor patio, basement storage, and four covered, secured parking spaces with alley access. Recent work includes HVAC, plumbing, and appliance updates, garage-door replacement, and repairs to the rear stairs and decks. The flat and shingle roofs were replaced in fall 2025; tile replacement is part of an active insurance claim, with custom replacement tile in production. HVAC in the vacant apartment was replaced in July 2026, and the furnace in one occupied unit was replaced in February 2024.
The property is on Olive Street in the Central West End, within walking distance of restaurants, grocery stores, shopping, and Forest Park. I-64/40, I-44, and I-70 provide regional access; Downtown St. Louis, the Fox Theatre, Powell Hall, Washington University Medical Center, BJC, and SLU are also nearby.
Shared property features include a fenced backyard with an outdoor patio, basement storage, and four covered, secured parking spaces with alley access. Recent work includes HVAC, plumbing, and appliance updates, garage-door replacement, and repairs to the rear stairs and decks. The flat and shingle roofs were replaced in fall 2025; tile replacement is part of an active insurance claim, with custom replacement tile in production. HVAC in the vacant apartment was replaced in July 2026, and the furnace in one occupied unit was replaced in February 2024.
The property is on Olive Street in the Central West End, within walking distance of restaurants, grocery stores, shopping, and Forest Park. I-64/40, I-44, and I-70 provide regional access; Downtown St. Louis, the Fox Theatre, Powell Hall, Washington University Medical Center, BJC, and SLU are also nearby.
Key Highlights
- Four apartments: one vacant and three tenant‑occupied
- Two occupied units have 2 bedrooms and 1 bathroom; the third has 2 bedrooms and 1.5 bathrooms
- Each occupied apartment includes a bonus room and in‑unit laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,710
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$934,200
$934.2K
Cap Rate 7%
$667,286
$667.3K
Cap Rate 9%
$519,000
$519.0K
Market Conditions
NOI Build-Up for 4,368 SF
Gross rent
$70.8K $16.20/SF
− Vacancy
−$4.0K −$0.92/SF
EGI
$66.7K $15.28/SF
− OpEx
−$20.0K −$4.58/SF
NOI
$46.7K $10.69/SF
Area
St. Louis County, MO
Vacancy
5.70%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$934,200
Cap Rate 7%
$667,286
Cap Rate 9%
$519,000
Alternative Uses
Best Use
Multifamily LT 5
$667.3K
$583.9K – $778.5K
NOI $46,710 @ 7.0% cap · market cap 5.84%
Second Best
Apartment 5plus
$580.7K
$508.1K – $677.5K
NOI $40,649 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$937.4K
$820.3K – $1.09M
NOI $65,621 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,118
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - One apartment is vacant, while the other three are occupied and provide current rental income.
Where is this quadplex located?
The property is located at 4736-38 Olive Street Saint Louis, MO.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Four apartments: one vacant and three tenant‑occupied; Two occupied units have 2 bedrooms and 1 bathroom; the third has 2 bedrooms and 1.5 bathrooms; Each occupied apartment includes a bonus room and in‑unit laundry
